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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.
Beat Holdings's Sloan Ratio for the quarter that ended in Jun. 2026 was 0.00%.
Warning Sign:
When sloan ratio (60.38)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Jun. 2026, Beat Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Beat Holdings (TSE:9399) 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, Beat Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Beat Holdings Sloan Ratio % Related Terms
Beat Holdings Sloan Ratio % Historical Data
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The historical data trend for Beat 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.
TSE:9399 vs CRM, SHOP, UBER: Sloan Ratio % Comparison
For the Software - Application subindustry, Beat 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.
Beat Holdings Sloan Ratio % vs Software Industry
For the Software industry and Technology sector, Beat Holdings's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Beat 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.
Beat Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Beat Holdings's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was -172 (Sep. 2025 ) + -272 (Dec. 2025 ) + -108 (Mar. 2026 ) + 0 (Jun. 2026 ) = 円-552.0 Mil.
Beat Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 0 (Sep. 2025 ) + 0 (Dec. 2025 ) + 0 (Mar. 2026 ) + 0 (Jun. 2026 ) = 円0.0 Mil.
Beat Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was 0 (Sep. 2025 ) + 0 (Dec. 2025 ) + 0 (Mar. 2026 ) + 0 (Jun. 2026 ) = 円0.0 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.
Beat Holdings (TSE:9399) has a Sloan Ratio % of 0.00% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Beat Holdings and its competitors.
Is Beat Holdings' Sloan Ratio % too high?
Beat Holdings' current Sloan Ratio % is 0.00%. Overall, Beat Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beat Holdings' Sloan Ratio % compare to CRM and SHOP?
Beat Holdings' Sloan Ratio % of 0.00% can be compared against companies in the Software 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 Software company?
A good Sloan Ratio % depends on the Software 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 Beat Holdings and its competitors. Beat Holdings's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beat Holdings (TSE:9399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4.87, compared to a current price of 円15.00 — trading 208% above its estimated fair value. The current Sloan Ratio % is 0.00%. Beat Holdings' overall GF Score™ is 30/100 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 Beat Holdings (TSE:9399), the current Sloan Ratio % is 0.00% 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 Beat Holdings (TSE:9399) Overvalued in 2026?
Based on GuruFocus' analysis, Beat Holdings stock appears to be overvalued.
The current stock price of 円15.00 is trading 208% above its estimated GF Value™ of 円4.87.
GuruFocus considers Beat Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9399:
Sloan Ratio %: 0.00%
GF Value™: 円4.87 vs. price of 円15.00 (208% above fair value)
No single metric tells the full story. See the TSE:9399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beat Holdings Ltd is mainly engaged in the business of providing application-to-person (A2P) messaging service and software products and services. Its reportable segments are: the Messaging Business, which provides cloud-based A2P messaging services and software products and services; the Licensing Business, which provides licensing services for intellectual property rights and other rights related to application software owned by the group; and other businesses. The majority of its revenue is generated from the Messaging business. Geographically, the group generates maximum revenue from Asia, and the rest from Europe and other regions.
30GF Score
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