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Demco PCL (BKK:DEMCO) Sloan Ratio % : 0.37% (As of Dec. 2024)


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What is Demco PCL 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.

Demco PCL's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.37%.

As of Dec. 2024, Demco PCL has a Sloan Ratio of 0.37%, indicating the company is in the safe zone and there is no funny business with accruals.


Demco PCL Sloan Ratio % Historical Data

The historical data trend for Demco PCL'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.

Demco PCL Sloan Ratio % Chart

Demco PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.44 2.66 0.89 -16.25 0.37

Demco PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -16.25 -11.70 -6.79 -4.97 0.37

Competitive Comparison of Demco PCL's Sloan Ratio %

For the Engineering & Construction subindustry, Demco PCL'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.


Demco PCL's Sloan Ratio % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Demco PCL's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Demco PCL's Sloan Ratio % falls into.


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Demco PCL 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.

Demco PCL's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(-62.658--230.22
-142.679)/6695.244
=0.37%

Demco PCL's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(-62.658--230.22
-142.679)/6695.244
=0.37%

Demco PCL's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -35.506 (Mar. 2024 ) + -6.504 (Jun. 2024 ) + 62.526 (Sep. 2024 ) + -83.174 (Dec. 2024 ) = ฿-63 Mil.
Demco PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -91.442 (Mar. 2024 ) + -367.89 (Jun. 2024 ) + 6.519 (Sep. 2024 ) + 222.593 (Dec. 2024 ) = ฿-230 Mil.
Demco PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -5.445 (Mar. 2024 ) + 0.735 (Jun. 2024 ) + 43.617 (Sep. 2024 ) + 103.772 (Dec. 2024 ) = ฿143 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.


Demco PCL  (BKK:DEMCO) 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 Dec. 2024, Demco PCL has a Sloan Ratio of 0.37%, indicating the company is in the safe zone and there is no funny business with accruals.


Demco PCL Sloan Ratio % Related Terms

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Demco PCL Business Description

Traded in Other Exchanges
Address
59 Moo 1, Suanphrikthai, Muang, Pathumthani, THA, 12000
Demco PCL is engaged in the provision of electric system construction, all service works in the field of electric engineering and telecommunication engineering, sale of electric systems equipment and construction materials, including investment in projects of renewable energy and utility systems. Its segments are Sales, Electrical work services, Sales and providing service to biomass power plants, Engagement work services, Electricity from solar power and Others. The majority is from the Electrical work services segment, which includes Designing, constructing, and managing electrical work on a complete service basis.

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