Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Armstrong Flooring's Sloan Ratio for the quarter that ended in Dec. 2021 was -5.03%.
As of Dec. 2021, Armstrong Flooring has a Sloan Ratio of -5.03%, indicating the company is in the safe zone and there is no funny business with accruals.
Armstrong Flooring (STU:2AS) 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 Dec. 2021, Armstrong Flooring has a Sloan Ratio of -5.03%, indicating the company is in the safe zone and there is no funny business with accruals.
Armstrong Flooring Sloan Ratio % Related Terms
Armstrong Flooring Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Armstrong Flooring'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:2AS vs AEHL, CARR, MAS: Sloan Ratio % Comparison
For the Building Products & Equipment subindustry, Armstrong Flooring'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.
Armstrong Flooring Sloan Ratio % vs Construction Industry
For the Construction industry and Industrials sector, Armstrong Flooring's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Armstrong Flooring'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.
Armstrong Flooring's Sloan Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Armstrong Flooring's Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was 22.848 (Mar. 2021 ) + -16.185 (Jun. 2021 ) + -25.245 (Sep. 2021 ) + -27.435 (Dec. 2021 ) = €-46.0 Mil.
Armstrong Flooring's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2021 was -23.352 (Mar. 2021 ) + -3.237 (Jun. 2021 ) + -7.565 (Sep. 2021 ) + -26.285 (Dec. 2021 ) = €-60.4 Mil.
Armstrong Flooring's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2021 was 48.972 (Mar. 2021 ) + -3.32 (Jun. 2021 ) + -4.25 (Sep. 2021 ) + -3.983 (Dec. 2021 ) = €37.4 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.
Armstrong Flooring (STU:2AS) has a Sloan Ratio % of -5.03% as of Dec. 2021. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Armstrong Flooring and its competitors.
Is Armstrong Flooring's Sloan Ratio % too high?
Armstrong Flooring's current Sloan Ratio % is -5.03%. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Armstrong Flooring's Sloan Ratio % compare to AEHL and CARR?
Armstrong Flooring's Sloan Ratio % of -5.03% can be compared against companies in the Construction 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 Construction company?
A good Sloan Ratio % depends on the Construction 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 Armstrong Flooring and its competitors. Armstrong Flooring's current Sloan Ratio % is -5.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armstrong Flooring stock overvalued right now?
Armstrong Flooring (STU:2AS) has a current Sloan Ratio % of -5.03%. The current Sloan Ratio % is -5.03%. Armstrong Flooring's overall GF Score™ is 12/100. 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 Armstrong Flooring (STU:2AS), the current Sloan Ratio % is -5.03% as of Dec. 2021. 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.
Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.
12GF Score
Get the complete analysis for STU:2AS
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:2AS has been successfully added to your 
