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.
As of Dec. 2025, Swissquote Group Holding has a Sloan Ratio of 4.88%, indicating the company is in the safe zone and there is no funny business with accruals.
Swissquote Group Holding (OTCPK:SWQGF) 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. 2025, Swissquote Group Holding has a Sloan Ratio of 4.88%, indicating the company is in the safe zone and there is no funny business with accruals.
Swissquote Group Holding Sloan Ratio % Related Terms
Swissquote Group Holding Sloan Ratio % Historical Data
* 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 Capital Markets subindustry, Swissquote Group Holding'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.
Swissquote Group Holding Sloan Ratio % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Swissquote Group Holding's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Swissquote Group Holding's Sloan Ratio % falls into.
Swissquote Group Holding Sloan Ratio % Calculation
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.
Swissquote Group Holding's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Swissquote Group Holding's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 194.546 (Jun. 2025 ) + 261.247 (Dec. 2025 ) = $455.8 Mil.
Swissquote Group Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 1134.581 (Jun. 2025 ) + 1023.683 (Dec. 2025 ) = $2,158.3 Mil.
Swissquote Group Holding's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -1191.6 (Jun. 2025 ) + -1494.74 (Dec. 2025 ) = $-2,686.3 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.
Swissquote Group Holding (SWQGF) has a Sloan Ratio % of 4.88% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Swissquote Group Holding and its competitors.
Is Swissquote Group Holding's Sloan Ratio % too high?
Swissquote Group Holding's current Sloan Ratio % is 4.88%. Overall, Swissquote Group Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swissquote Group Holding's Sloan Ratio % compare to MS and GS?
Swissquote Group Holding's Sloan Ratio % of 4.88% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Sloan Ratio % depends on the Capital Markets 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 Swissquote Group Holding and its competitors. Swissquote Group Holding's current Sloan Ratio % is 4.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swissquote Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Swissquote Group Holding (SWQGF) is currently considered Fairly Valued. The stock's GF Value™ is $48.90, compared to a current price of $49.01 — trading 0.2% above its estimated fair value. The current Sloan Ratio % is 4.88%. Swissquote Group Holding's overall GF Score™ is 80/100 with 1 warning sign 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 Swissquote Group Holding (SWQGF), the current Sloan Ratio % is 4.88% as of Dec. 2025. 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 Swissquote Group Holding (SWQGF) Overvalued in 2026?
Based on GuruFocus' analysis, Swissquote Group Holding stock appears to be overvalued.
The current stock price of $49.01 is trading 0.2% above its estimated GF Value™ of $48.90.
GuruFocus considers Swissquote Group Holding to be Fairly Valued.
Key valuation signals for SWQGF:
Sloan Ratio %: 4.88%
GF Value™: $48.90 vs. price of $49.01 (0.2% above fair value)
No single metric tells the full story. See the SWQGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swissquote Group Holding SA and its subsidiaries provide a comprehensive suite of online financial services to various customers, ranging from retail investors, affluent investors, to professional and institutional customers. The Group operates in Switzerland through Swissquote Bank Ltd and Yuh Ltd, and globally under the Swissquote brand with offices located in Europe, the Middle East and Africa, and Asia Pacific. Its operating segments are: Securities trading, Leveraged forex, and Neobanking. Maximum revenue is generated from the Securities trading segment, which provides trading services (including custody services) by means of tools to trade, in real time, in different asset classes, and offers investment, decision-making, risk-monitoring, and margin-lending services to its clients.
80GF Score
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