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 Mar. 2026, Sis Distribution (Thailand) PCL has a Sloan Ratio of -2.21%, indicating the company is in the safe zone and there is no funny business with accruals.
Sis Distribution (Thailand) PCL (BKK:SIS-R) 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 Mar. 2026, Sis Distribution (Thailand) PCL has a Sloan Ratio of -2.21%, indicating the company is in the safe zone and there is no funny business with accruals.
Sis Distribution (Thailand) PCL Sloan Ratio % Related Terms
Sis Distribution (Thailand) PCL 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.
Sis Distribution (Thailand) PCL Sloan Ratio % Chart
BKK:SIS-R vs SNX, ARW, AVT: Sloan Ratio % Comparison
For the Electronics & Computer Distribution subindustry, Sis Distribution (Thailand) 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.
Sis Distribution (Thailand) PCL Sloan Ratio % vs Hardware Industry
For the Hardware industry and Technology sector, Sis Distribution (Thailand) PCL's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Sis Distribution (Thailand) PCL's Sloan Ratio % falls into.
Sis Distribution (Thailand) 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.
Sis Distribution (Thailand) PCL's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 191.114 (Jun. 2025 ) + 218.826 (Sep. 2025 ) + 264.524 (Dec. 2025 ) + 258.003 (Mar. 2026 ) = ฿932 Mil.
Sis Distribution (Thailand) PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 320.151 (Jun. 2025 ) + 543.808 (Sep. 2025 ) + 497.728 (Dec. 2025 ) + -45.689 (Mar. 2026 ) = ฿1,316 Mil.
Sis Distribution (Thailand) PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -19.126 (Jun. 2025 ) + 7.793 (Sep. 2025 ) + 78.325 (Dec. 2025 ) + -187.127 (Mar. 2026 ) = ฿-120 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.
Sis Distribution (Thailand) PCL (BKK:SIS-R) has a Sloan Ratio % of -2.21% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Sis Distribution (Thailand) PCL and its competitors.
Is Sis Distribution (Thailand) PCL's Sloan Ratio % too high?
Sis Distribution (Thailand) PCL's current Sloan Ratio % is -2.21%. Overall, Sis Distribution (Thailand) PCL has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Sis Distribution (Thailand) PCL's Sloan Ratio % compare to SNX and ARW?
Sis Distribution (Thailand) PCL's Sloan Ratio % of -2.21% can be compared against companies in the Hardware 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 Hardware company?
A good Sloan Ratio % depends on the Hardware 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 Sis Distribution (Thailand) PCL and its competitors. Sis Distribution (Thailand) PCL's current Sloan Ratio % is -2.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sis Distribution (Thailand) PCL stock overvalued right now?
Sis Distribution (Thailand) PCL (BKK:SIS-R) has a current Sloan Ratio % of -2.21%. The stock's GF Value™ is ฿24.57, compared to a current price of ฿21.37 — trading 13% below its estimated fair value. The current Sloan Ratio % is -2.21%. Sis Distribution (Thailand) PCL's overall GF Score™ is 90/100. 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 Sis Distribution (Thailand) PCL (BKK:SIS-R), the current Sloan Ratio % is -2.21% as of Mar. 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 Sis Distribution (Thailand) PCL (BKK:SIS-R) Overvalued in 2026?
Based on GuruFocus' analysis, Sis Distribution (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿21.37 is trading 13% below its estimated GF Value™ of ฿24.57.
Key valuation signals for BKK:SIS-R:
Sloan Ratio %: -2.21%
GF Value™: ฿24.57 vs. price of ฿21.37 (13% below fair value)
No single metric tells the full story. See the BKK:SIS-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sis Distribution (Thailand) PCL Business Description
Sis Distribution (Thailand) PCL is engaged in the distribution of computer components, smartphones, office automation equipment, service and rental of computers and accessories. The company operates as a distributor for various IT product manufacturers such as Asus, Acer, Brother, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc, Lenovo, Samsung, Xiaomi, etc. It has four reportable segments: Commercial products, Consumer products, Value-added products, and Phones. Maximum revenue is generated from the Consumer products segment, which distributes products for household use, such as personal computers, printers, and IoT devices. Geographically, the company operates in Thailand only.
90GF Score
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