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.
Sagimet Biosciences's Sloan Ratio for the quarter that ended in Mar. 2026 was -13.85%.
As of Mar. 2026, Sagimet Biosciences has a Sloan Ratio of -13.85%, indicating there is a warning stage of accrual build up.
Sagimet Biosciences (STU:0O2) 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, Sagimet Biosciences has a Sloan Ratio of -13.85%, indicating there is a warning stage of accrual build up.
Sagimet Biosciences Sloan Ratio % Related Terms
Sagimet Biosciences Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Sagimet Biosciences'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.
STU:0O2 vs EDIT, AUTL, FBRX: Sloan Ratio % Comparison
For the Biotechnology subindustry, Sagimet Biosciences'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.
Sagimet Biosciences Sloan Ratio % vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Sagimet Biosciences's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Sagimet Biosciences'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.
Sagimet Biosciences's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Sagimet Biosciences's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -9.005 (Jun. 2025 ) + -10.998 (Sep. 2025 ) + -8.171 (Dec. 2025 ) + -9.212 (Mar. 2026 ) = €-37.39 Mil.
Sagimet Biosciences's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -7.891 (Jun. 2025 ) + -8.673 (Sep. 2025 ) + -10.105 (Dec. 2025 ) + -7.449 (Mar. 2026 ) = €-34.12 Mil.
Sagimet Biosciences's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -11.522 (Jun. 2025 ) + 0.064 (Sep. 2025 ) + 12.262 (Dec. 2025 ) + 8.837 (Mar. 2026 ) = €9.64 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.
Sagimet Biosciences (STU:0O2) has a Sloan Ratio % of -13.85% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Sagimet Biosciences and its competitors.
Is Sagimet Biosciences' Sloan Ratio % too high?
Sagimet Biosciences' current Sloan Ratio % is -13.85%. Overall, Sagimet Biosciences has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Sagimet Biosciences' Sloan Ratio % compare to EDIT and AUTL?
Sagimet Biosciences' Sloan Ratio % of -13.85% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Sloan Ratio % depends on the Biotechnology 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 Sagimet Biosciences and its competitors. Sagimet Biosciences's current Sloan Ratio % is -13.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sagimet Biosciences stock overvalued right now?
Sagimet Biosciences (STU:0O2) has a current Sloan Ratio % of -13.85%. The current Sloan Ratio % is -13.85%. Sagimet Biosciences' overall GF Score™ is 10/100 with 2 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 Sagimet Biosciences (STU:0O2), the current Sloan Ratio % is -13.85% 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.
Sagimet Biosciences Inc a clinical-stage biopharmaceutical company developing novel therapeutics called fatty acid synthase (FASN) inhibitors that target dysfunctional metabolic and fibrotic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. Its drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of metabolic dysfunction-associated steatohepatitis (MASH), acne and select forms of cancer. Its second FASN inhibitor, TVB-3567, is a potent and selective small molecule FASN inhibitor in development for acne. It operates as a single business segment, developing and commercializing therapeutics for the treatment of MASH and other diseases where FASN plays a pathogenic role.
10GF Score
Get the complete analysis for STU:0O2
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:0O2 has been successfully added to your 
