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Fabrica Peruana Eternit (LIM:ETERNII1) Sloan Ratio % : 0.00% (As of . 20)


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What is Fabrica Peruana Eternit 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.

Fabrica Peruana Eternit's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Fabrica Peruana Eternit has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Fabrica Peruana Eternit Sloan Ratio % Historical Data

The historical data trend for Fabrica Peruana Eternit'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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Fabrica Peruana Eternit Sloan Ratio % Chart

Fabrica Peruana Eternit Annual Data
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Sloan Ratio %

Fabrica Peruana Eternit Quarterly Data
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Competitive Comparison of Fabrica Peruana Eternit's Sloan Ratio %

For the Building Materials subindustry, Fabrica Peruana Eternit'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.


Fabrica Peruana Eternit's Sloan Ratio % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fabrica Peruana Eternit's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Fabrica Peruana Eternit's Sloan Ratio % falls into.



Fabrica Peruana Eternit 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.

Fabrica Peruana Eternit's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

Fabrica Peruana Eternit's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

Fabrica Peruana Eternit does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in . 20.

* 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.


Fabrica Peruana Eternit  (LIM:ETERNII1) 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 . 20, Fabrica Peruana Eternit has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Fabrica Peruana Eternit (LIM:ETERNII1) Business Description

Traded in Other Exchanges
N/A
Address
Jr. Republic of Ecuador Number 448, Lima, PER
Fabrica Peruana Eternit SA manufactures and markets building materials such as asbestos cement products, corrugated and flat sheets for roofing, pre-fabricated building systems, septic tanks, filters, pots, and sanitary latrines. It serves the construction of buildings of the housing, commercial, institutional, education, health, and industry segments. The company projects inlcude Jockey Plaza, Cineplanet, Hotel Westin, Lima Central Tower, and others.

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