Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
PT Futura Energi Global Tbk (ISX:FUTR) 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 Jun. 2026, PT Futura Energi Global Tbk has a Sloan Ratio of -14.58%, indicating there is a warning stage of accrual build up.
PT Futura Energi Global Tbk Sloan Ratio % Related Terms
PT Futura Energi Global Tbk 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.
PT Futura Energi Global Tbk Sloan Ratio % Competitor Comparison
For the Utilities - Renewable subindustry, PT Futura Energi Global Tbk'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.
PT Futura Energi Global Tbk Sloan Ratio % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PT Futura Energi Global Tbk's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where PT Futura Energi Global Tbk's Sloan Ratio % falls into.
PT Futura Energi Global Tbk 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.
PT Futura Energi Global Tbk's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 1.472 (Sep. 2025 ) + -43786.702 (Dec. 2025 ) + -3529.456 (Mar. 2026 ) + -3383.478 (Jun. 2026 ) = Rp-50,698 Mil.
PT Futura Energi Global Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was -1116.627 (Sep. 2025 ) + -1373.85 (Dec. 2025 ) + 65.687 (Mar. 2026 ) + -22064.547 (Jun. 2026 ) = Rp-24,489 Mil.
PT Futura Energi Global Tbk's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -386.234 (Sep. 2025 ) + 3010.361 (Dec. 2025 ) + -6.983 (Mar. 2026 ) + -1.992 (Jun. 2026 ) = Rp2,615 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.
PT Futura Energi Global Tbk (ISX:FUTR) has a Sloan Ratio % of -14.58% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on PT Futura Energi Global Tbk and its competitors.
Is PT Futura Energi Global Tbk's Sloan Ratio % too high?
PT Futura Energi Global Tbk's current Sloan Ratio % is -14.58%. Overall, PT Futura Energi Global Tbk has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Futura Energi Global Tbk's Sloan Ratio % compare to competitors?
PT Futura Energi Global Tbk's Sloan Ratio % of -14.58% can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Sloan Ratio % depends on the Utilities - Independent Power Producers 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 PT Futura Energi Global Tbk and its competitors. PT Futura Energi Global Tbk's current Sloan Ratio % is -14.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Futura Energi Global Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Futura Energi Global Tbk (ISX:FUTR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp17.09, compared to a current price of Rp326.00 — trading 1807.5% above its estimated fair value. The current Sloan Ratio % is -14.58%. PT Futura Energi Global Tbk's overall GF Score™ is 44/100 with 5 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 PT Futura Energi Global Tbk (ISX:FUTR), the current Sloan Ratio % is -14.58% 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 PT Futura Energi Global Tbk (ISX:FUTR) Overvalued in 2026?
Based on GuruFocus' analysis, PT Futura Energi Global Tbk stock appears to be overvalued.
The current stock price of Rp326.00 is trading 1807.5% above its estimated GF Value™ of Rp17.09.
GuruFocus considers PT Futura Energi Global Tbk to be Significantly Overvalued.
Key valuation signals for ISX:FUTR:
Sloan Ratio %: -14.58%
GF Value™: Rp17.09 vs. price of Rp326.00 (1807.5% above fair value)
No single metric tells the full story. See the ISX:FUTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Lini Imaji Kreasi Ekosistem Tbk is a diversified holding company dedicated to advancing renewable energy, carbon liquefaction, and environmentally responsible industrial solutions. Through its subsidiaries, it is committed to driving the transition toward a cleaner, more sustainable future. It believes that renewable energy is the cornerstone of progress, and the company continuously invests in cutting-edge technologies to create long-term, viable energy solutions. Its expertise spans across multiple sectors, including renewable energy, CO2 capture for food-grade liquid CO2, power plant services, and oil & gas solutions such as coating, pipe wrapping, and tank lining.
44GF Score
Get the complete analysis for ISX:FUTR
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:FUTR has been successfully added to your 
