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Abitare In SpA (MIL:ABT) Sloan Ratio % : -28.60% (As of Dec. 2023)


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What is Abitare In SpA 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.

Abitare In SpA's Sloan Ratio for the quarter that ended in Dec. 2023 was -28.60%.

As of Dec. 2023, Abitare In SpA has a Sloan Ratio of -28.60%, indicating there is a warning stage of accrual build up.


Abitare In SpA Sloan Ratio % Historical Data

The historical data trend for Abitare In 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.

Abitare In SpA Sloan Ratio % Chart

Abitare In SpA Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Sloan Ratio %
Get a 7-Day Free Trial 18.94 3.60 23.88 16.21 -19.87

Abitare In SpA Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.52 2.57 -13.29 -19.87 -28.60

Competitive Comparison of Abitare In SpA's Sloan Ratio %

For the Real Estate - Development subindustry, Abitare In 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.


Abitare In SpA's Sloan Ratio % Distribution in the Real Estate Industry

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

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



Abitare In 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.

Abitare In SpA's Sloan Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2023 )-Cash Flow from Operations (A: Sep. 2023 )
-Cash Flow from Investing (A: Sep. 2023 ))/Total Assets (A: Sep. 2023 )
=(24.29-94.861
--15.114)/279.121
=-19.87%

Abitare In SpA's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(25.242-109.82
--2.667)/286.361
=-28.60%

Abitare In SpA's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 21.213 (Mar. 2023 ) + 0.641 (Jun. 2023 ) + 1.377 (Sep. 2023 ) + 2.011 (Dec. 2023 ) = €25.2 Mil.
Abitare In SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 68.641 (Mar. 2023 ) + 31.007 (Jun. 2023 ) + 8.656 (Sep. 2023 ) + 1.516 (Dec. 2023 ) = €109.8 Mil.
Abitare In SpA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was 0.036 (Mar. 2023 ) + -0.831 (Jun. 2023 ) + -0.993 (Sep. 2023 ) + -0.879 (Dec. 2023 ) = €-2.7 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.


Abitare In SpA  (MIL:ABT) 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. 2023, Abitare In SpA has a Sloan Ratio of -28.60%, indicating there is a warning stage of accrual build up.


Abitare In SpA Sloan Ratio % Related Terms

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Abitare In SpA (MIL:ABT) Business Description

Traded in Other Exchanges
Address
Via degli Olivetani 10/12, Milan, ITA, 20123
Abitare In SpA is a real estate company. It is engaged in developing and selling real estate units including urban building projects in Milan, Italy. Its projects include Poste and Maggiolina.

Abitare In SpA (MIL:ABT) Headlines

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