What is PrologisProperty Mexico de CV 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.
* 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.
Competitive Comparison of PrologisProperty Mexico de CV's Sloan Ratio %
For the REIT - Industrial subindustry, PrologisProperty Mexico de CV'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.
PrologisProperty Mexico de CV's Sloan Ratio % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, PrologisProperty Mexico de CV's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where PrologisProperty Mexico de CV's Sloan Ratio % falls into.
PrologisProperty Mexico de CV 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.
PrologisProperty Mexico de CV's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 197.509 (Jun. 2023 ) + 401.172 (Sep. 2023 ) + 211.536 (Dec. 2023 ) + 446.464 (Mar. 2024 ) = $1,256.7 Mil.
PrologisProperty Mexico de CV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was 56.42 (Jun. 2023 ) + 70.835 (Sep. 2023 ) + 52.12 (Dec. 2023 ) + 64.778 (Mar. 2024 ) = $244.2 Mil.
PrologisProperty Mexico de CV's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -56.229 (Jun. 2023 ) + -8.968 (Sep. 2023 ) + -264.67 (Dec. 2023 ) + -12.03 (Mar. 2024 ) = $-341.9 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.
PrologisProperty Mexico de CV (OTCPK:FBBPF) 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 Mar. 2024, PrologisProperty Mexico de CV has a Sloan Ratio of 22.03%, indicating there is a warning stage of accrual build up.
PrologisProperty Mexico de CV Sloan Ratio % Related Terms
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PrologisProperty Mexico de CV (PrologisProperty Mexico de CV) Business Description
PrologisProperty Mexico SA de CV, formerly FIBRA Prologis is engaged in the acquisition, ownership, and leasing of industrial properties throughout Mexico. The company's real estate portfolio primarily comprises large warehouse buildings. Most of the square feet under Fibra Prologis' ownership is used for consumption-driven purposes, while a sizable percentage is also used for manufacturing. The company derives nearly all of its revenue as lease rental income from multinational firms. This income is fairly evenly split between its manufacturing-related facilities in Northern Mexico and consumption-related facilities located mainly in Central and Southern Mexico. In terms of total revenue, the majority of Fibra Prologis' customers are general retailers and third-party logistics firms.
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