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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.
ZBM ZREMB-Chojnice's Sloan Ratio for the quarter that ended in Jun. 2026 was %.
As of Jun. 2026, ZBM ZREMB-Chojnice has a Sloan Ratio of %, indicating the company is in the safe zone and there is no funny business with accruals.
ZBM ZREMB-Chojnice (WAR:ZRE) 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, ZBM ZREMB-Chojnice has a Sloan Ratio of %, indicating the company is in the safe zone and there is no funny business with accruals.
ZBM ZREMB-Chojnice Sloan Ratio % Related Terms
ZBM ZREMB-Chojnice Sloan Ratio % Historical Data
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The historical data trend for ZBM ZREMB-Chojnice'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.
WAR:ZRE vs NUE, STLD, RS: Sloan Ratio % Comparison
For the Steel subindustry, ZBM ZREMB-Chojnice'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.
ZBM ZREMB-Chojnice Sloan Ratio % vs Steel Industry
For the Steel industry and Basic Materials sector, ZBM ZREMB-Chojnice's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where ZBM ZREMB-Chojnice'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.
ZBM ZREMB-Chojnice's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
ZBM ZREMB-Chojnice's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 0.983 (Sep. 2025 ) + 2.327 (Dec. 2025 ) + 0.771 (Mar. 2026 ) + -2.44 (Jun. 2026 ) = zł1.64 Mil.
ZBM ZREMB-Chojnice's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 2.443 (Sep. 2025 ) + -0.827 (Dec. 2025 ) + 0.33444815 (Mar. 2026 ) + (Jun. 2026 ) = zł1.95 Mil.
ZBM ZREMB-Chojnice's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -0.436 (Sep. 2025 ) + -0.334 (Dec. 2025 ) + -0.27570743 (Mar. 2026 ) + (Jun. 2026 ) = zł-1.05 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.
ZBM ZREMB-Chojnice (WAR:ZRE) has a Sloan Ratio % of % as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on ZBM ZREMB-Chojnice and its competitors.
Is ZBM ZREMB-Chojnice's Sloan Ratio % too high?
ZBM ZREMB-Chojnice's current Sloan Ratio % is %. Overall, ZBM ZREMB-Chojnice has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZBM ZREMB-Chojnice's Sloan Ratio % compare to NUE and STLD?
ZBM ZREMB-Chojnice's Sloan Ratio % of % can be compared against companies in the Steel 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 Steel company?
A good Sloan Ratio % depends on the Steel 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 ZBM ZREMB-Chojnice and its competitors. ZBM ZREMB-Chojnice's current Sloan Ratio % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZBM ZREMB-Chojnice stock overvalued right now?
Based on GuruFocus' analysis, ZBM ZREMB-Chojnice (WAR:ZRE) is currently considered Significantly Overvalued. The stock's GF Value™ is zł4.73, compared to a current price of zł7.87 — trading 66.4% above its estimated fair value. The current Sloan Ratio % is %. ZBM ZREMB-Chojnice's overall GF Score™ is 73/100 with 3 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 ZBM ZREMB-Chojnice (WAR:ZRE), the current Sloan Ratio % is % 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 ZBM ZREMB-Chojnice (WAR:ZRE) Overvalued in 2026?
Based on GuruFocus' analysis, ZBM ZREMB-Chojnice stock appears to be overvalued.
The current stock price of zł7.87 is trading 66.4% above its estimated GF Value™ of zł4.73.
GuruFocus considers ZBM ZREMB-Chojnice to be Significantly Overvalued.
Key valuation signals for WAR:ZRE:
Sloan Ratio %: %
GF Value™: zł4.73 vs. price of zł7.87 (66.4% above fair value)
No single metric tells the full story. See the WAR:ZRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZBM ZREMB-Chojnice SA is a producer of steel constructions and containers. The company produces containers for shipping and drilling platforms; basket containers for transportation of equipment to drilling platforms, Mini-Mud freight containers for transportation of equipment and food to drilling platform, Borekaks containers for the transportation of waste material, Specialist containers for machine shops, compression shops, generators, Containers and platforms for the Army, Containers for radioactive waste and Steel roof constructions and frames for glazed facades. Its products include reinforced ceiling military containers, field containers, 3IN1 and 2IN1 container, off-shore container, baskets, and mudskips.
73GF Score
Get the complete analysis for WAR:ZRE
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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