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Siamraj PCL (BKK:SR) Sloan Ratio % : -8.10% (As of Dec. 2024)


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What is Siamraj 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.

Siamraj PCL's Sloan Ratio for the quarter that ended in Dec. 2024 was -8.10%.

As of Dec. 2024, Siamraj PCL has a Sloan Ratio of -8.10%, indicating the company is in the safe zone and there is no funny business with accruals.


Siamraj PCL Sloan Ratio % Historical Data

The historical data trend for Siamraj 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.

Siamraj PCL Sloan Ratio % Chart

Siamraj 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 12.15 -4.44 12.33 -8.94 -8.10

Siamraj 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 -8.94 -14.66 -6.54 -9.86 -8.10

Competitive Comparison of Siamraj PCL's Sloan Ratio %

For the Conglomerates subindustry, Siamraj 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.


Siamraj PCL's Sloan Ratio % Distribution in the Conglomerates Industry

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

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


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Siamraj 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.

Siamraj 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 )
=(-28.29-128.002
-12.218)/2080.123
=-8.10%

Siamraj 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 )
=(-28.29-128.002
-12.218)/2080.123
=-8.10%

Siamraj PCL's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -38.19 (Mar. 2024 ) + 20.806 (Jun. 2024 ) + -3.629 (Sep. 2024 ) + -7.277 (Dec. 2024 ) = ฿-28.3 Mil.
Siamraj PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 28.439 (Mar. 2024 ) + -18.892 (Jun. 2024 ) + 104.487 (Sep. 2024 ) + 13.968 (Dec. 2024 ) = ฿128.0 Mil.
Siamraj PCL's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 3.666 (Mar. 2024 ) + 5.632 (Jun. 2024 ) + -0.522 (Sep. 2024 ) + 3.442 (Dec. 2024 ) = ฿12.2 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.


Siamraj PCL  (BKK:SR) 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, Siamraj PCL has a Sloan Ratio of -8.10%, indicating the company is in the safe zone and there is no funny business with accruals.


Siamraj PCL Sloan Ratio % Related Terms

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Siamraj PCL Business Description

Traded in Other Exchanges
N/A
Address
Old Tramway Road, 89/9 Village No. 10, Samrong Subdistrict, Phra Pradaeng District, Samut Prakan Province, Samutprakarn, THA, 10130
Siamraj PCL is engaged in various business activities. Along with its subsidiaries, the company operates in the following reportable segments; Industrial pumps, Natural gas metering and transmission systems, Alternative energy, Field of flow measurement business, and Other businesses. Maximum revenue is generated from its Industrial pumps segment which is engaged in trading of industrial engineered pumps such as gear pumps, sanitary pumps, vacuum pumps, industrial air compressors, and gas turbine and gas equipment systems among others. The Natural gas metering and transmission systems segment is involved in providing engineering services for laying natural gas pipelines, designing and constructing natural gas metering stations, and other related activities.