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Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Sloan Ratio %

: 0.00% (As of Jun. 2023)
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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.

Salvatore Ferragamo SpA's Sloan Ratio for the quarter that ended in Jun. 2023 was 0.00%.

As of Jun. 2023, Salvatore Ferragamo SpA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Salvatore Ferragamo SpA Sloan Ratio % Historical Data

The historical data trend for Salvatore Ferragamo SpA'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.

Salvatore Ferragamo SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.87 -5.39 -6.85 -14.42 -7.65

Salvatore Ferragamo SpA Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Sloan Ratio % 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 Premium Member Only Premium Member Only Premium Member Only -13.55 -12.82 -12.76 -7.41 -

Competitive Comparison

For the Luxury Goods subindustry, Salvatore Ferragamo SpA'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.


Salvatore Ferragamo SpA Sloan Ratio % Distribution

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

* The bar in red indicates where Salvatore Ferragamo SpA's Sloan Ratio % falls into.



Salvatore Ferragamo SpA 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.

Salvatore Ferragamo SpA'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 )
=(73.738-282.915
--69.769)/1822.341
=-7.65%

Salvatore Ferragamo SpA'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 )
=(58.633-235.454
--62.391)/1953.935
=-5.86%

Salvatore Ferragamo SpA's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was 50.649 (Jun. 2022 ) + 7.31 (Sep. 2022 ) + 0.674 (Dec. 2022 ) + 0 (Jun. 2023 ) = $59 Mil.
Salvatore Ferragamo SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was 71.109 (Jun. 2022 ) + 93.995 (Sep. 2022 ) + 70.35 (Dec. 2022 ) + 0 (Jun. 2023 ) = $235 Mil.
Salvatore Ferragamo SpA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was -12.105 (Jun. 2022 ) + -12.805 (Sep. 2022 ) + -37.481 (Dec. 2022 ) + 0 (Jun. 2023 ) = $-62 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.


Salvatore Ferragamo SpA  (OTCPK:SFRGY) 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, Salvatore Ferragamo SpA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Salvatore Ferragamo SpA Sloan Ratio % Related Terms

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Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Business Description

Traded in Other Exchanges
Address
Via dei Tornabuoni 2, Firenze, ITA, 50123
Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Headlines

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