Nomura Real Estate Master Fund (TSE:3462) Sloan Ratio % : 1.09% (As of Aug. 2022)

Nomura Real Estate Master Fund Sloan Ratio % Chart

Nomura Real Estate Master Fund Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb24
Sloan Ratio %	Get a 7-Day Free Trial														2.14	0.51	0.60	1.09	-

Competitive Comparison of Nomura Real Estate Master Fund's Sloan Ratio %

For the REIT - Retail subindustry, Nomura Real Estate Master Fund'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.

Nomura Real Estate Master Fund's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Nomura Real Estate Master Fund's Sloan Ratio % falls into.

Nomura Real Estate Master Fund 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.

Nomura Real Estate Master Fund's Sloan Ratio for the fiscal year that ended in Aug. 2021 is calculated as

Nomura Real Estate Master Fund's Sloan Ratio for the quarter that ended in Aug. 2022 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Nomura Real Estate Master Fund's Net Income for the trailing twelve months (TTM) ended in Aug. 2022 was 12377.502 (Feb. 2022 ) + 13499.309 (Aug. 2022 ) = 円25,877 Mil.
Nomura Real Estate Master Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2022 was 22510.618 (Feb. 2022 ) + 28128.954 (Aug. 2022 ) = 円50,640 Mil.
Nomura Real Estate Master Fund's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2022 was -19837.271 (Feb. 2022 ) + -17889.886 (Aug. 2022 ) = 円-37,727 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.

Nomura Real Estate Master Fund  (TSE:3462) 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 Aug. 2022, Nomura Real Estate Master Fund has a Sloan Ratio of 1.09%, indicating the company is in the safe zone and there is no funny business with accruals.

Nomura Real Estate Master Fund Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Nomura Real Estate Master Fund's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nomura Real Estate Master Fund (TSE:3462) Business Description