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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.
Big River Industries's Sloan Ratio for the quarter that ended in Dec. 2025 was -6.36%.
As of Dec. 2025, Big River Industries has a Sloan Ratio of -6.36%, indicating the company is in the safe zone and there is no funny business with accruals.
Big River Industries (ASX:BRI) 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, Big River Industries has a Sloan Ratio of -6.36%, indicating the company is in the safe zone and there is no funny business with accruals.
Big River Industries Sloan Ratio % Related Terms
Big River Industries Sloan Ratio % Historical Data
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The historical data trend for Big River Industries'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.
ASX:BRI vs SSD, UFPI, BCC: Sloan Ratio % Comparison
For the Lumber & Wood Production subindustry, Big River Industries'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.
Big River Industries Sloan Ratio % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Big River Industries's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Big River Industries's Sloan Ratio % falls into.
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.
Big River Industries's Sloan Ratio for the fiscal year that ended in Jun. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Big River Industries's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 2.243 (Jun. 2025 ) + 1.387 (Dec. 2025 ) = A$3.6 Mil.
Big River Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 14.165 (Jun. 2025 ) + 9.421 (Dec. 2025 ) = A$23.6 Mil.
Big River Industries's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -1.541 (Jun. 2025 ) + -1.999 (Dec. 2025 ) = A$-3.5 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.
Big River Industries (ASX:BRI) has a Sloan Ratio % of -6.36% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Big River Industries and its competitors.
Is Big River Industries' Sloan Ratio % too high?
Big River Industries' current Sloan Ratio % is -6.36%. Overall, Big River Industries has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Big River Industries' Sloan Ratio % compare to SSD and UFPI?
Big River Industries' Sloan Ratio % of -6.36% can be compared against companies in the Forest Products 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 Forest Products company?
A good Sloan Ratio % depends on the Forest Products 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 Big River Industries and its competitors. Big River Industries's current Sloan Ratio % is -6.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big River Industries stock overvalued right now?
Based on GuruFocus' analysis, Big River Industries (ASX:BRI) is currently considered Fairly Valued. The stock's GF Value™ is A$1.48, compared to a current price of A$1.37 — trading 7.4% below its estimated fair value. The current Sloan Ratio % is -6.36%. Big River Industries' overall GF Score™ is 81/100 with 10 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 Big River Industries (ASX:BRI), the current Sloan Ratio % is -6.36% 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.
Is Big River Industries (ASX:BRI) Overvalued in 2026?
Based on GuruFocus' analysis, Big River Industries stock appears to be undervalued.
The current stock price of A$1.37 is trading 7.4% below its estimated GF Value™ of A$1.48.
GuruFocus considers Big River Industries to be Fairly Valued.
Key valuation signals for ASX:BRI:
Sloan Ratio %: -6.36%
GF Value™: A$1.48 vs. price of A$1.37 (7.4% below fair value)
No single metric tells the full story. See the ASX:BRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Big River Industries Ltd is a manufacturer, distributor, and supplier of timber, builder's hardware, building supplies, and services for the residential, commercial, industrial, building, and construction industries. The company's segment includes Panels and Construction. It generates maximum revenue from the Construction segment. The Construction division comprises fifteen sites that sell building, commercial, and formwork products in Australia. The panel segment comprises three manufacturing and six distribution sites of timber panel products in Australia and New Zealand. Geographically, the company derives the majority of its revenue from Australia.
81GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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