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Fathom Holdings (Fathom Holdings) Sloan Ratio % : -15.90% (As of Mar. 2024)


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What is Fathom Holdings 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.

Fathom Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 was -15.90%.

As of Mar. 2024, Fathom Holdings has a Sloan Ratio of -15.90%, indicating there is a warning stage of accrual build up.


Fathom Holdings Sloan Ratio % Historical Data

The historical data trend for Fathom Holdings'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.

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Fathom Holdings Sloan Ratio % Chart

Fathom Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial -104.74 2.23 13.12 -17.39 -14.56

Fathom Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -15.91 -13.72 -21.13 -14.56 -15.90

Competitive Comparison of Fathom Holdings's Sloan Ratio %

For the Real Estate Services subindustry, Fathom Holdings'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.


Fathom Holdings's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fathom Holdings's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Fathom Holdings's Sloan Ratio % falls into.



Fathom Holdings 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.

Fathom Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-23.981--10.572
--1.868)/79.258
=-14.56%

Fathom Holdings's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-24.207--9.949
--1.815)/78.248
=-15.90%

Fathom Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was -4.345 (Jun. 2023 ) + -5.496 (Sep. 2023 ) + -8.439 (Dec. 2023 ) + -5.927 (Mar. 2024 ) = $-24.2 Mil.
Fathom Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -3.167 (Jun. 2023 ) + -1.469 (Sep. 2023 ) + -4.366 (Dec. 2023 ) + -0.947 (Mar. 2024 ) = $-9.9 Mil.
Fathom Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -0.321 (Jun. 2023 ) + -0.449 (Sep. 2023 ) + -0.51 (Dec. 2023 ) + -0.535 (Mar. 2024 ) = $-1.8 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.


Fathom Holdings  (NAS:FTHM) 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. 2024, Fathom Holdings has a Sloan Ratio of -15.90%, indicating there is a warning stage of accrual build up.


Fathom Holdings Sloan Ratio % Related Terms

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Fathom Holdings (Fathom Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2000 Regency Parkway Drive, Suite 300, Cary, NC, USA, 27518
Fathom Holdings Inc is a national, technology-driven, real estate services platform integrating residential brokerage, mortgage, title, insurance, and Software as a Service offerings to brokerages and agents by leveraging our proprietary cloud-based software, intelliAgent. The company has three reportable segments namely Real Estate Brokerage; Mortgage; and Technology.
Executives
Stephen H. Murray director C/O FATHOM HOLDINGS INC., 2000 REGENCY PARKWAY DRIVE, SUITE 300, CARY NC 27518
Scott N Flanders director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Joshua Harley director, officer: Chief Executive Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jennifer B. Venable director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, RALEIGH NC 27511
Ravila Gupta director 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Glenn A. Sampson director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Marco Fregenal director, officer: Chief Financial Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Samantha Giuggio officer: Chief Broker Officer C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Christopher D. Bennett director C/O FATHOM HOLDINGS INC., 211 NEW EDITION COURT, SUITE 211, CARY NC 27511
Jeffrey H Coats director C/O AUTOBYTEL INC., 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
David C. Hood director C/O GUNDERSON DETTMER, ONE MARINA PARK DRIVE, SUITE 900, BOSTON MA 02210