Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Vinacafe Bien Hoa JSC's Sloan Ratio for the quarter that ended in Mar. 2026 was -34.91%.
Warning Sign:
When sloan ratio (-54.55)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Mar. 2026, Vinacafe Bien Hoa JSC has a Sloan Ratio of -34.91%, indicating earnings are more likely to be made up of accruals.
Vinacafe Bien Hoa JSC (STC:VCF) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Vinacafe Bien Hoa JSC has a Sloan Ratio of -34.91%, indicating earnings are more likely to be made up of accruals.
Vinacafe Bien Hoa JSC Sloan Ratio % Related Terms
Vinacafe Bien Hoa JSC Sloan Ratio % Historical Data
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The historical data trend for Vinacafe Bien Hoa JSC's Sloan Ratio % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaged Foods subindustry, Vinacafe Bien Hoa JSC's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vinacafe Bien Hoa JSC Sloan Ratio % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinacafe Bien Hoa JSC's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Vinacafe Bien Hoa JSC's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Vinacafe Bien Hoa JSC's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Vinacafe Bien Hoa JSC's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 121078.664 (Jun. 2025 ) + 112432.162 (Sep. 2025 ) + 156214.668 (Dec. 2025 ) + 112240.298 (Mar. 2026 ) = ₫501,966 Mil.
Vinacafe Bien Hoa JSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -91276.865 (Jun. 2025 ) + 225354.713 (Sep. 2025 ) + 228841.755 (Dec. 2025 ) + -113241.582 (Mar. 2026 ) = ₫249,678 Mil.
Vinacafe Bien Hoa JSC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -9427.392 (Jun. 2025 ) + 1016884.007 (Sep. 2025 ) + -54463.358 (Dec. 2025 ) + -86523.194 (Mar. 2026 ) = ₫866,470 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vinacafe Bien Hoa JSC (STC:VCF) has a Sloan Ratio % of -34.91% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Vinacafe Bien Hoa JSC and its competitors.
Is Vinacafe Bien Hoa JSC's Sloan Ratio % too high?
Vinacafe Bien Hoa JSC's current Sloan Ratio % is -34.91%. Overall, Vinacafe Bien Hoa JSC has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinacafe Bien Hoa JSC's Sloan Ratio % compare to KHC and GIS?
Vinacafe Bien Hoa JSC's Sloan Ratio % of -34.91% can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Consumer Packaged Goods company?
A good Sloan Ratio % depends on the Consumer Packaged Goods industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Vinacafe Bien Hoa JSC and its competitors. Vinacafe Bien Hoa JSC's current Sloan Ratio % is -34.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinacafe Bien Hoa JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinacafe Bien Hoa JSC (STC:VCF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫256,834.14, compared to a current price of ₫295,100.00 — trading 14.9% above its estimated fair value. The current Sloan Ratio % is -34.91%. Vinacafe Bien Hoa JSC's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Vinacafe Bien Hoa JSC (STC:VCF), the current Sloan Ratio % is -34.91% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vinacafe Bien Hoa JSC (STC:VCF) Overvalued in 2026?
Based on GuruFocus' analysis, Vinacafe Bien Hoa JSC stock appears to be overvalued.
The current stock price of ₫295,100.00 is trading 14.9% above its estimated GF Value™ of ₫256,834.14.
GuruFocus considers Vinacafe Bien Hoa JSC to be Modestly Overvalued.
Key valuation signals for STC:VCF:
Sloan Ratio %: -34.91%
GF Value™: ₫256,834.14 vs. price of ₫295,100.00 (14.9% above fair value)
No single metric tells the full story. See the STC:VCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vinacafe Bien Hoa JSC is engaged in the manufacturing and selling of various kinds of coffee, instant cereal and non-alcoholic drinks in the domestic and oversea markets. Its products include roasted ground coffee, original instant coffee, instant milk coffee three in one and ginseng coffee four in one. The company operates in two main segments: coffee and non-alcoholic drinks; and others which include cereals and other items.
73GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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