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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.
Boustead Singapore's Sloan Ratio for the quarter that ended in Mar. 2026 was 18.97%.
As of Mar. 2026, Boustead Singapore has a Sloan Ratio of 18.97%, indicating there is a warning stage of accrual build up.
Boustead Singapore (OTCPK:BSTGF) 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, Boustead Singapore has a Sloan Ratio of 18.97%, indicating there is a warning stage of accrual build up.
Boustead Singapore Sloan Ratio % Related Terms
Boustead Singapore Sloan Ratio % Historical Data
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The historical data trend for Boustead Singapore'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.
For the Conglomerates subindustry, Boustead Singapore'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.
Boustead Singapore Sloan Ratio % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Boustead Singapore's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Boustead Singapore'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.
Boustead Singapore's Sloan Ratio for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Boustead Singapore's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 27.191 (Sep. 2025 ) + 154.471 (Mar. 2026 ) = $181.7 Mil.
Boustead Singapore's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -15.375 (Sep. 2025 ) + -44.691 (Mar. 2026 ) = $-60.1 Mil.
Boustead Singapore's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -7.116 (Sep. 2025 ) + 64.877 (Mar. 2026 ) = $57.8 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.
Boustead Singapore (BSTGF) has a Sloan Ratio % of 18.97% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Boustead Singapore and its competitors.
Is Boustead Singapore's Sloan Ratio % too high?
Boustead Singapore's current Sloan Ratio % is 18.97%. Overall, Boustead Singapore has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Boustead Singapore's Sloan Ratio % compare to HON and MMM?
Boustead Singapore's Sloan Ratio % of 18.97% can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Sloan Ratio % depends on the Conglomerates 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 Boustead Singapore and its competitors. Boustead Singapore's current Sloan Ratio % is 18.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boustead Singapore stock overvalued right now?
Boustead Singapore (BSTGF) has a current Sloan Ratio % of 18.97%. The current Sloan Ratio % is 18.97%. Boustead Singapore's overall GF Score™ is 58/100 with 4 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 Boustead Singapore (BSTGF), the current Sloan Ratio % is 18.97% 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.
Boustead Singapore Ltd is an investment holding company that engages in infrastructure-related engineering services and geo-spatial solutions. It operates in five segments. The company has five operating segments: Geospatial, Real Estate Solutions, Energy Engineering, Healthcare, and HQ activities. The company generates key revenue from the Geospatial segment, which includes exclusive distribution, professional services, and solutions related to Esri ArcGIS, geographic information system, smart mapping, and location analytics platform, for key markets across Australia and parts of South East Asia.
58GF 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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