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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.
MITAC Holdings's Sloan Ratio for the quarter that ended in Jun. 2026 was 10.24%.
As of Jun. 2026, MITAC Holdings has a Sloan Ratio of 10.24%, indicating there is a warning stage of accrual build up.
MITAC Holdings (TPE:3706) 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 Jun. 2026, MITAC Holdings has a Sloan Ratio of 10.24%, indicating there is a warning stage of accrual build up.
MITAC Holdings Sloan Ratio % Related Terms
MITAC Holdings Sloan Ratio % Historical Data
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The historical data trend for MITAC Holdings'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.
TPE:3706 vs DELL, ANET, SNDK: Sloan Ratio % Comparison
For the Computer Hardware subindustry, MITAC Holdings'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.
MITAC Holdings Sloan Ratio % vs Hardware Industry
For the Hardware industry and Technology sector, MITAC Holdings's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where MITAC Holdings'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.
MITAC Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
MITAC Holdings's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 2059.467 (Sep. 2025 ) + 1949.172 (Dec. 2025 ) + 1460.985 (Mar. 2026 ) + 1961.124 (Jun. 2026 ) = NT$7,431 Mil.
MITAC Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 3147.15 (Sep. 2025 ) + 6937.557 (Dec. 2025 ) + -14002.47 (Mar. 2026 ) + -13505.812 (Jun. 2026 ) = NT$-17,424 Mil.
MITAC Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -514.465 (Sep. 2025 ) + 5295.71 (Dec. 2025 ) + 3550.154 (Mar. 2026 ) + -1911.24 (Jun. 2026 ) = NT$6,420 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.
MITAC Holdings (TPE:3706) has a Sloan Ratio % of 10.24% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on MITAC Holdings and its competitors.
Is MITAC Holdings' Sloan Ratio % too high?
MITAC Holdings' current Sloan Ratio % is 10.24%. Overall, MITAC Holdings has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MITAC Holdings' Sloan Ratio % compare to DELL and ANET?
MITAC Holdings' Sloan Ratio % of 10.24% can be compared against companies in the Hardware 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 Hardware company?
A good Sloan Ratio % depends on the Hardware 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 MITAC Holdings and its competitors. MITAC Holdings's current Sloan Ratio % is 10.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITAC Holdings stock overvalued right now?
Based on GuruFocus' analysis, MITAC Holdings (TPE:3706) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$129.37, compared to a current price of NT$91.50 — trading 29.3% below its estimated fair value. The current Sloan Ratio % is 10.24%. MITAC Holdings' overall GF Score™ is 89/100 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 MITAC Holdings (TPE:3706), the current Sloan Ratio % is 10.24% 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 MITAC Holdings (TPE:3706) Overvalued in 2026?
Based on GuruFocus' analysis, MITAC Holdings stock appears to be undervalued.
The current stock price of NT$91.50 is trading 29.3% below its estimated GF Value™ of NT$129.37.
GuruFocus considers MITAC Holdings to be Modestly Undervalued.
Key valuation signals for TPE:3706:
Sloan Ratio %: 10.24%
GF Value™: NT$129.37 vs. price of NT$91.50 (29.3% below fair value)
No single metric tells the full story. See the TPE:3706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group builds application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.
89GF 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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