Uni-Select (TSX:UNS) Sloan Ratio % : -1.54% (As of Mar. 2023)

Uni-Select Sloan Ratio % Chart

Uni-Select Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Sloan Ratio %		Get a 7-Day Free Trial					1.82	-2.47	-10.58	-6.74	-2.59

Uni-Select Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Sloan Ratio %	Get a 7-Day Free Trial															-6.16	-2.89	-1.23	-2.57	-1.54

Competitive Comparison of Uni-Select's Sloan Ratio %

For the Auto Parts subindustry, Uni-Select'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.

Uni-Select's Sloan Ratio % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Uni-Select's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Uni-Select's Sloan Ratio % falls into.

Uni-Select 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.

Uni-Select's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Uni-Select's Sloan Ratio for the quarter that ended in Mar. 2023 is calculated as

Uni-Select's Net Income for the trailing twelve months (TTM) ended in Mar. 2023 was 29.171 (Jun. 2022 ) + 29.902 (Sep. 2022 ) + 16.392 (Dec. 2022 ) + 22.908 (Mar. 2023 ) = C$98 Mil.
Uni-Select's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was 64.984 (Jun. 2022 ) + 99.545 (Sep. 2022 ) + 60.976 (Dec. 2022 ) + 2.299 (Mar. 2023 ) = C$228 Mil.
Uni-Select's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2023 was -16.239 (Jun. 2022 ) + -67.43 (Sep. 2022 ) + -7.26 (Dec. 2022 ) + -8.964 (Mar. 2023 ) = C$-100 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.

Uni-Select  (TSX:UNS) 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 Mar. 2023, Uni-Select has a Sloan Ratio of -1.54%, indicating the company is in the safe zone and there is no funny business with accruals.

Uni-Select Sloan Ratio % Related Terms

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Uni-Select (TSX:UNS) Business Description