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Bourrelier Group (XPAR:ALBOU) Sloan Ratio % : 3.32% (As of Jun. 2023)


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What is Bourrelier Group Sloan Ratio %?

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.

Bourrelier Group's Sloan Ratio for the quarter that ended in Jun. 2023 was 3.32%.

As of Jun. 2023, Bourrelier Group has a Sloan Ratio of 3.32%, indicating the company is in the safe zone and there is no funny business with accruals.


Bourrelier Group Sloan Ratio % Historical Data

The historical data trend for Bourrelier Group'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.

* Premium members only.

Bourrelier Group Sloan Ratio % Chart

Bourrelier Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.72 -12.28 -5.73 6.48 3.74

Bourrelier Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.39 6.48 5.83 3.74 3.32

Competitive Comparison of Bourrelier Group's Sloan Ratio %

For the Home Improvement Retail subindustry, Bourrelier Group'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.


Bourrelier Group's Sloan Ratio % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bourrelier Group's Sloan Ratio % distribution charts can be found below:

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



Bourrelier Group 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.

Bourrelier Group's Sloan Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2022 )-Cash Flow from Operations (A: Dec. 2022 )
-Cash Flow from Investing (A: Dec. 2022 ))/Total Assets (A: Dec. 2022 )
=(10.05-15.016
--27.44)/600.457
=3.74%

Bourrelier Group's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(12.08-20.727
--28.052)/584.999
=3.32%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Bourrelier Group's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 8.375 (Dec. 2022 ) + 3.705 (Jun. 2023 ) = €12.1 Mil.
Bourrelier Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was 11.998 (Dec. 2022 ) + 8.729 (Jun. 2023 ) = €20.7 Mil.
Bourrelier Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was -17.975 (Dec. 2022 ) + -10.077 (Jun. 2023 ) = €-28.1 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.


Bourrelier Group  (XPAR:ALBOU) 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. 2023, Bourrelier Group has a Sloan Ratio of 3.32%, indicating the company is in the safe zone and there is no funny business with accruals.


Bourrelier Group Sloan Ratio % Related Terms

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Bourrelier Group (XPAR:ALBOU) Business Description

Traded in Other Exchanges
N/A
Address
21 avenue Marechal de Lattre de Tassigny, Fontenay sous Bois, FRA, 94120
Bourrelier Group is a France-based company engaged in the do-it-yourself (DIY) market. It operates medium-sized stores specializing in interior/exterior home improvement projects and trades under several brand names, including Bricorama and Batkor for the French and Spanish markets, and Gamma and Karwei for the Benelux market.

Bourrelier Group (XPAR:ALBOU) Headlines

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