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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Sloan Ratio % : -17.57% (As of Sep. 2023)


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What is DEMIRE Deutsche Mittelstand Real Estate AG 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.

DEMIRE Deutsche Mittelstand Real Estate AG's Sloan Ratio for the quarter that ended in Sep. 2023 was -17.57%.

As of Sep. 2023, DEMIRE Deutsche Mittelstand Real Estate AG has a Sloan Ratio of -17.57%, indicating there is a warning stage of accrual build up.


DEMIRE Deutsche Mittelstand Real Estate AG Sloan Ratio % Historical Data

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate AG'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.

DEMIRE Deutsche Mittelstand Real Estate AG Sloan Ratio % Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 16.87 -0.15 -0.38 -5.69

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -4.30 -5.69 -8.66 -16.36 -17.57

Competitive Comparison of DEMIRE Deutsche Mittelstand Real Estate AG's Sloan Ratio %

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate AG'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.


DEMIRE Deutsche Mittelstand Real Estate AG's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DEMIRE Deutsche Mittelstand Real Estate AG's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Sloan Ratio % falls into.



DEMIRE Deutsche Mittelstand Real Estate AG 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.

DEMIRE Deutsche Mittelstand Real Estate AG'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 )
=(-65.745-48.001
--26.265)/1536.851
=-5.69%

DEMIRE Deutsche Mittelstand Real Estate AG's Sloan Ratio for the quarter that ended in Sep. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2023 )
=(-132.956-53.763
-65.791)/1436.804
=-17.57%

DEMIRE Deutsche Mittelstand Real Estate AG's Net Income for the trailing twelve months (TTM) ended in Sep. 2023 was -85.926 (Dec. 2022 ) + -18.291 (Mar. 2023 ) + -25.748 (Jun. 2023 ) + -2.991 (Sep. 2023 ) = €-133.0 Mil.
DEMIRE Deutsche Mittelstand Real Estate AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2023 was 13.71 (Dec. 2022 ) + 15.719 (Mar. 2023 ) + 8.923 (Jun. 2023 ) + 15.411 (Sep. 2023 ) = €53.8 Mil.
DEMIRE Deutsche Mittelstand Real Estate AG's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2023 was -2.026 (Dec. 2022 ) + 4.873 (Mar. 2023 ) + 65.853 (Jun. 2023 ) + -2.909 (Sep. 2023 ) = €65.8 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.


DEMIRE Deutsche Mittelstand Real Estate AG  (XTER:DMRE) 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 Sep. 2023, DEMIRE Deutsche Mittelstand Real Estate AG has a Sloan Ratio of -17.57%, indicating there is a warning stage of accrual build up.


DEMIRE Deutsche Mittelstand Real Estate AG Sloan Ratio % Related Terms

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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description

Traded in Other Exchanges
Address
Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines