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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.
Tryg AS's Sloan Ratio for the quarter that ended in Jun. 2026 was -2.02%.
As of Jun. 2026, Tryg AS has a Sloan Ratio of -2.02%, indicating the company is in the safe zone and there is no funny business with accruals.
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 Jun. 2026, Tryg AS has a Sloan Ratio of -2.02%, indicating the company is in the safe zone and there is no funny business with accruals.
Tryg AS Sloan Ratio % Related Terms
Tryg AS Sloan Ratio % Historical Data
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The historical data trend for Tryg AS'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.
TGVSF vs BRK.A, AIG, HIG: Sloan Ratio % Comparison
For the Insurance - Diversified subindustry, Tryg AS'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.
Tryg AS Sloan Ratio % vs Insurance Industry
For the Insurance industry and Financial Services sector, Tryg AS's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Tryg AS'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.
Tryg AS's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Tryg AS's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 216.386 (Sep. 2025 ) + 208.203 (Dec. 2025 ) + 144.618 (Mar. 2026 ) + 142.674 (Jun. 2026 ) = $712 Mil.
Tryg AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 226.451 (Sep. 2025 ) + 349.617 (Dec. 2025 ) + 397.352 (Mar. 2026 ) + 229.882 (Jun. 2026 ) = $1,203 Mil.
Tryg AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -40.415 (Sep. 2025 ) + -180.766 (Dec. 2025 ) + 25.212 (Mar. 2026 ) + 28.812 (Jun. 2026 ) = $-167 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.
Tryg AS (TGVSF) has a Sloan Ratio % of -2.02% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Tryg AS and its competitors.
Is Tryg AS's Sloan Ratio % too high?
Tryg AS's current Sloan Ratio % is -2.02%. Overall, Tryg AS has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Tryg AS's Sloan Ratio % compare to BRK.A and AIG?
Tryg AS's Sloan Ratio % of -2.02% can be compared against companies in the Insurance 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 an Insurance company?
A good Sloan Ratio % depends on the Insurance 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 Tryg AS and its competitors. Tryg AS's current Sloan Ratio % is -2.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tryg AS stock overvalued right now?
Tryg AS (TGVSF) has a current Sloan Ratio % of -2.02%. The stock's GF Value™ is $25.42, compared to a current price of $23.75 — trading 6.6% below its estimated fair value. The current Sloan Ratio % is -2.02%. Tryg AS's overall GF Score™ is 72/100 with 5 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 Tryg AS (TGVSF), the current Sloan Ratio % is -2.02% as of Jun. 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 Tryg AS (TGVSF) Overvalued in 2026?
Based on GuruFocus' analysis, Tryg AS stock appears to be undervalued.
The current stock price of $23.75 is trading 6.6% below its estimated GF Value™ of $25.42.
Key valuation signals for TGVSF:
Sloan Ratio %: -2.02%
GF Value™: $25.42 vs. price of $23.75 (6.6% below fair value)
No single metric tells the full story. See the TGVSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg's largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
72GF Score
Get the complete analysis for TGVSF
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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