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Photozou Holdings (Photozou Holdings) Sloan Ratio % : 0.00% (As of Feb. 2024)


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What is Photozou 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.

Photozou Holdings's Sloan Ratio for the quarter that ended in Feb. 2024 was 0.00%.

As of Feb. 2024, Photozou Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Photozou Holdings Sloan Ratio % Historical Data

The historical data trend for Photozou 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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Photozou Holdings Sloan Ratio % Chart

Photozou Holdings Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only - -45.08 -20.35 - -

Photozou Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Photozou Holdings's Sloan Ratio %

For the Specialty Retail subindustry, Photozou 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.


Photozou Holdings's Sloan Ratio % Distribution in the Retail - Cyclical Industry

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

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



Photozou 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.

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

Sloan Ratio=(Net Income (A: Nov. 2023 )-Cash Flow from Operations (A: Nov. 2023 )
-Cash Flow from Investing (A: Nov. 2023 ))/Total Assets (A: Nov. 2023 )
=(-0.264--0.142
-0)/0.156
=-78.21%

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

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Feb. 2024 )
=(-0.366--0.279
-0)/0.168
=-51.79%

Photozou Holdings's Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was -0.069 (May. 2023 ) + -0.069 (Aug. 2023 ) + -0.082 (Nov. 2023 ) + -0.146 (Feb. 2024 ) = $-0.37 Mil.
Photozou Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2024 was 0.005 (May. 2023 ) + -0.04 (Aug. 2023 ) + -0.107 (Nov. 2023 ) + -0.137 (Feb. 2024 ) = $-0.28 Mil.
Photozou Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2024 was 0 (May. 2023 ) + 0 (Aug. 2023 ) + 0 (Nov. 2023 ) + 0 (Feb. 2024 ) = $0.00 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.


Photozou Holdings  (OTCPK:PTZH) 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 Feb. 2024, Photozou Holdings has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Photozou Holdings Sloan Ratio % Related Terms

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Photozou Holdings (Photozou Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yotsuya Shinjuku-ku, 4-30-4th Floor, Tokyo, JPN, 160-0004
Photozou Holdings Inc is focused on online advertising and the sale of used cameras. The firm engages in offering used cameras, which include mainly high-class digital single-lens reflex cameras. In addition, it provides two types of advertising services that include managing online photo contests and web advertising services specifically geared toward advertisements. The majority of its revenue gets derived from the sale of used cameras.
Executives
Photozou Co., Ltd. 10 percent owner 4-30-4F, YOTSUYA, SHINJUKU-KU, TOKYO M0 164-0004
Koichi Ishizuka director, 10 percent owner, officer: Chief Executive Officer 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011