Mynet (TSE:3928) Sloan Ratio %: -3.83% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:3928 Mynet Inc TSE:3928
59 GF Score
Price 円237.00
GF Value 円245.78
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Mynet Sloan Ratio %?

Mynet TSE:3928 -1.66% 59 Sloan Ratio % is -3.83% as of Jun. 2026. GuruFocus rates TSE:3928 with a GF Score™ of 59/100 and a GF Value™ of 円245.78 (Fairly Valued). The stock has 4 warning signs investors should review.

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.

Mynet's Sloan Ratio for the quarter that ended in Jun. 2026 was -3.83%.

As of Jun. 2026, Mynet has a Sloan Ratio of -3.83%, indicating the company is in the safe zone and there is no funny business with accruals.


Mynet  (TSE:3928) 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.

According to How to Beat the Market with the Sloan Ratio:

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, Mynet has a Sloan Ratio of -3.83%, indicating the company is in the safe zone and there is no funny business with accruals.


Mynet Sloan Ratio % Related Terms


Mynet Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Mynet'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.

Mynet Sloan Ratio % Chart

Mynet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.88 -2.84 3.77 2.20 -5.30

Mynet Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.08 2.20 -7.58 -5.30 -3.83

TSE:3928 vs NTES, TTWO, RBLX: Sloan Ratio % Comparison

For the Electronic Gaming & Multimedia subindustry, Mynet'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.


Mynet Sloan Ratio % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Mynet's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Mynet's Sloan Ratio % falls into.


TSE:3928
59GF Score
Mynet Inc TSE:3928
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mynet 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.

Mynet's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2025 )-Cash Flow from Operations (A: Dec. 2025 )
-Cash Flow from Investing (A: Dec. 2025 ))/Total Assets (A: Dec. 2025 )
=(228.133-803.357
--326.943)/4688.878
=-5.30%

Mynet's Sloan Ratio for the quarter that ended in Jun. 2026 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2026 )
=(-95.585-422.085
--338.138)/4692.358
=-3.83%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Mynet's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 71.226 (Dec. 2025 ) + -166.811 (Jun. 2026 ) = 円-96 Mil.
Mynet's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 391.426 (Dec. 2025 ) + 30.659 (Jun. 2026 ) = 円422 Mil.
Mynet's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -226.614 (Dec. 2025 ) + -111.524 (Jun. 2026 ) = 円-338 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of -3.83% mean?
Mynet (TSE:3928) has a Sloan Ratio % of -3.83% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Mynet and its competitors.
Is Mynet's Sloan Ratio % too high?
Mynet's current Sloan Ratio % is -3.83%. Overall, Mynet has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mynet's Sloan Ratio % compare to NTES and TTWO?
Mynet's Sloan Ratio % of -3.83% can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Sloan Ratio % depends on the Interactive Media 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 Mynet and its competitors. Mynet's current Sloan Ratio % is -3.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mynet stock overvalued right now?
Based on GuruFocus' analysis, Mynet (TSE:3928) is currently considered Fairly Valued. The stock's GF Value™ is 円245.78, compared to a current price of 円237.00 — trading 3.6% below its estimated fair value. The current Sloan Ratio % is -3.83%. Mynet's overall GF Score™ is 59/100 with 4 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 Mynet (TSE:3928), the current Sloan Ratio % is -3.83% 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 Mynet (TSE:3928) Overvalued in 2026?

Based on GuruFocus' analysis, Mynet stock appears to be undervalued. The current stock price of 円237.00 is trading 3.6% below its estimated GF Value™ of 円245.78. GuruFocus considers Mynet to be Fairly Valued.

Key valuation signals for TSE:3928:

  • Sloan Ratio %: -3.83%
  • GF Value™: 円245.78 vs. price of 円237.00 (3.6% below fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:3928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mynet Business Description

Address Kita Aoyama 2-11-3 A-Place Aoyama, Minato-ku, Tokyo, JPN, 107-0061
Mynet Inc is engaged in the business of smartphone game. The Company develops and manages online smartphones games. It is specialized in operation of the game domain. It provides and operates CroPro which is a mutual customer network for domestic smartphone games.
59GF Score

Get the complete analysis for TSE:3928

Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円237.00
Price
円245.78
GF Value