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Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Sloan Ratio % : 17.55% (As of Dec. 2022)


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What is Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Sloan Ratio for the quarter that ended in Dec. 2022 was 17.55%.

As of Dec. 2022, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS has a Sloan Ratio of 17.55%, indicating there is a warning stage of accrual build up.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Sloan Ratio % Historical Data

The historical data trend for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS'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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Sloan Ratio % Chart

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.52 1.22 4.82 12.61 17.55

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec21 Dec22
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.52 1.22 4.82 12.61 17.55

Competitive Comparison of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Sloan Ratio %

For the Packaging & Containers subindustry, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS'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.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Sloan Ratio % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Sloan Ratio % falls into.



Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS'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 )
=(864.78-362.63
--354.408)/4881.562
=17.55%

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Sloan Ratio for the quarter that ended in Dec. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2022 )
=(864.78-362.63
--354.408)/4881.562
=17.55%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Net Income for the trailing twelve months (TTM) ended in Dec. 2022 was ₺865 Mil.
Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2022 was ₺363 Mil.
Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2022 was ₺-354 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.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS  (IST:MNDTR) 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 Dec. 2022, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS has a Sloan Ratio of 17.55%, indicating there is a warning stage of accrual build up.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Sloan Ratio % Related Terms

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Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Business Description

Traded in Other Exchanges
N/A
Address
Yolu Uzeri No:28, Toki Mahallesi, Odemis, Tire, Izmir, TUR, 35900
Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS is engaged in the supply of paper and its packaging with operations across different countries. The company has experience in packaging design and print/materials choice.

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