Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
As of Dec. 2025, Advanced Engineered Materials has a Sloan Ratio of 1.34%, indicating the company is in the safe zone and there is no funny business with accruals.
Advanced Engineered Materials (ASX:AEM) 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.
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. 2025, Advanced Engineered Materials has a Sloan Ratio of 1.34%, indicating the company is in the safe zone and there is no funny business with accruals.
Advanced Engineered Materials Sloan Ratio % Related Terms
Advanced Engineered Materials Sloan Ratio % Historical Data
* 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.
Advanced Engineered Materials Sloan Ratio % Chart
Advanced Engineered Materials Annual Data
Trend
Dec23
Dec24
Dec25
Sloan Ratio %
0.00
0.00
1.34
Advanced Engineered Materials Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Sloan Ratio %
0.00
0.00
0.00
4.70
1.34
ASX:AEM vs AA, CENX: Sloan Ratio % Comparison
For the Aluminum subindustry, Advanced Engineered Materials'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.
Advanced Engineered Materials Sloan Ratio % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Advanced Engineered Materials's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Advanced Engineered Materials's Sloan Ratio % falls into.
Advanced Engineered Materials 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.
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Advanced Engineered Materials's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -9.111 (Jun. 2025 ) + -19.552 (Dec. 2025 ) = A$-28.66 Mil.
Advanced Engineered Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was -13.57 (Jun. 2025 ) + -6.571 (Dec. 2025 ) = A$-20.14 Mil.
Advanced Engineered Materials's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -5.397 (Jun. 2025 ) + -6.038 (Dec. 2025 ) = A$-11.44 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.
Advanced Engineered Materials (ASX:AEM) has a Sloan Ratio % of 1.34% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Advanced Engineered Materials and its competitors.
Is Advanced Engineered Materials' Sloan Ratio % too high?
Advanced Engineered Materials' current Sloan Ratio % is 1.34%. Overall, Advanced Engineered Materials has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Advanced Engineered Materials' Sloan Ratio % compare to AA and CENX?
Advanced Engineered Materials' Sloan Ratio % of 1.34% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Metals & Mining company?
A good Sloan Ratio % depends on the Metals & Mining industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Advanced Engineered Materials and its competitors. Advanced Engineered Materials's current Sloan Ratio % is 1.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Engineered Materials stock overvalued right now?
Advanced Engineered Materials (ASX:AEM) has a current Sloan Ratio % of 1.34%. The current Sloan Ratio % is 1.34%. Advanced Engineered Materials' overall GF Score™ is 6/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Advanced Engineered Materials (ASX:AEM), the current Sloan Ratio % is 1.34% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Advanced Energy Minerals Ltd is a world-wide supplier of ultra-pure aluminium derivatives. Its operations are based at two main sites: the Technical Development Centre in Montreal and first full-scale production plant at Cap-Chat, Quebec. Its products include: alpha alumina, gamma alumina both marketed under the SupALOX trade name, aluminium chlorides under SupACH and pucks made of compressed alumina under SupPUCK.
6GF Score
Get the complete analysis for ASX:AEM
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AEM has been successfully added to your 
