Dexon Technology PCL (BKK:DEXON) Sloan Ratio %: -13.88% (As of Jun. 2026)

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BKK:DEXON Dexon Technology PCL BKK:DEXON
51 GF Score
Price ฿1.22
GF Value ฿1.65
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Dexon Technology PCL Sloan Ratio %?

Dexon Technology PCL BKK:DEXON +10.91% 51 Sloan Ratio % is -13.88% as of Jun. 2026. GuruFocus rates BKK:DEXON with a GF Score™ of 51/100 and a GF Value™ of ฿1.65 (Modestly Undervalued). The stock has 2 warning signs investors should review.

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.

Dexon Technology PCL's Sloan Ratio for the quarter that ended in Jun. 2026 was -13.88%.

As of Jun. 2026, Dexon Technology PCL has a Sloan Ratio of -13.88%, indicating there is a warning stage of accrual build up.


Dexon Technology PCL  (BKK:DEXON) 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 Jun. 2026, Dexon Technology PCL has a Sloan Ratio of -13.88%, indicating there is a warning stage of accrual build up.


Dexon Technology PCL Sloan Ratio % Related Terms


Dexon Technology PCL Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Dexon Technology 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.

Dexon Technology PCL Sloan Ratio % Chart

Dexon Technology PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Sloan Ratio %
1.64 6.52 27.37 1.97 -7.38

Dexon Technology PCL Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.76 -3.01 -9.37 -10.73 -13.88

BKK:DEXON vs SLB, BKR, HAL: Sloan Ratio % Comparison

For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.


Dexon Technology PCL Sloan Ratio % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Sloan Ratio % distribution charts can be found below:

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


BKK:DEXON
51GF Score
Dexon Technology PCL BKK:DEXON
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dexon Technology 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.

Dexon Technology PCL's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2025 )-Cash Flow from Operations (A: Dec. 2025 )
-Cash Flow from Investing (A: Dec. 2025 ))/Total Assets (A: Dec. 2025 )
=(-59.678678-82.768261
--69.600529)/987.8037
=-7.37%

Dexon Technology PCL's Sloan Ratio for the quarter that ended in Jun. 2026 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2026 )
=(-49.723079-91.378771
--13.002256)/923.036002
=-13.88%

Dexon Technology PCL's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was -14.693499 (Sep. 2025 ) + 1.944949 (Dec. 2025 ) + -34.882401 (Mar. 2026 ) + -2.092128 (Jun. 2026 ) = ฿-49.7 Mil.
Dexon Technology PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 31.197604 (Sep. 2025 ) + -21.315025 (Dec. 2025 ) + 37.800183 (Mar. 2026 ) + 43.696009 (Jun. 2026 ) = ฿91.4 Mil.
Dexon Technology PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -24.855798 (Sep. 2025 ) + 29.680276 (Dec. 2025 ) + -7.338209 (Mar. 2026 ) + -10.488525 (Jun. 2026 ) = ฿-13.0 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of -13.88% mean?
Dexon Technology PCL (BKK:DEXON) has a Sloan Ratio % of -13.88% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Dexon Technology PCL and its competitors.
Is Dexon Technology PCL's Sloan Ratio % too high?
Dexon Technology PCL's current Sloan Ratio % is -13.88%. Overall, Dexon Technology PCL has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dexon Technology PCL's Sloan Ratio % compare to SLB and BKR?
Dexon Technology PCL's Sloan Ratio % of -13.88% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Sloan Ratio % depends on the Oil & Gas 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 Dexon Technology PCL and its competitors. Dexon Technology PCL's current Sloan Ratio % is -13.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexon Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, Dexon Technology PCL (BKK:DEXON) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.65, compared to a current price of ฿1.22 — trading 26.1% below its estimated fair value. The current Sloan Ratio % is -13.88%. Dexon Technology PCL's overall GF Score™ is 51/100 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 Dexon Technology PCL (BKK:DEXON), the current Sloan Ratio % is -13.88% as of Jun. 2026. 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 Dexon Technology PCL (BKK:DEXON) Overvalued in 2026?

Based on GuruFocus' analysis, Dexon Technology PCL stock appears to be undervalued. The current stock price of ฿1.22 is trading 26.1% below its estimated GF Value™ of ฿1.65. GuruFocus considers Dexon Technology PCL to be Modestly Undervalued.

Key valuation signals for BKK:DEXON:

  • Sloan Ratio %: -13.88%
  • GF Value™: ฿1.65 vs. price of ฿1.22 (26.1% below fair value)
  • GF Score™: 51/100 with 2 warning signs

No single metric tells the full story. See the BKK:DEXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dexon Technology PCL Business Description

Industry EnergyOil & Gas
Address Sukhumvit Road, 78/4-5 Moo 6, Ban Chang, Rayong, THA, 21130
Dexon Technology PCL provides non-destructive inspection services, inspection training across a range of inspection standards, and distributes tools, spare parts, and equipment used for the inspection of goods quality. The Group is organised into business units based on its services and has eight reportable segments as follows: Conventional non-destructive inspection; Advance non-destructive testing technology; Advance in-line inspection technology; Research and development innovation; Asset integrity management service; Mechanical and maintenance personnel services; Training services; and Sales. It generates the majority of its revenue from Advance inspection technology.
51GF Score

Get the complete analysis for BKK:DEXON

Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.22
Price
฿1.65
GF Value