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.
As of Jun. 2026, PT Wismilak Inti Makmur Tbk has a Sloan Ratio of 9.96%, indicating the company is in the safe zone and there is no funny business with accruals.
PT Wismilak Inti Makmur Tbk (ISX:WIIM) 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 Wismilak Inti Makmur Tbk has a Sloan Ratio of 9.96%, indicating the company is in the safe zone and there is no funny business with accruals.
PT Wismilak Inti Makmur Tbk Sloan Ratio % Related Terms
PT Wismilak Inti Makmur 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.
For the Tobacco subindustry, PT Wismilak Inti Makmur 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 Wismilak Inti Makmur Tbk Sloan Ratio % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, PT Wismilak Inti Makmur Tbk's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where PT Wismilak Inti Makmur Tbk's Sloan Ratio % falls into.
PT Wismilak Inti Makmur 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 Wismilak Inti Makmur Tbk's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 136685.508 (Sep. 2025 ) + 134242.657 (Dec. 2025 ) + 148083.247 (Mar. 2026 ) + 155232.113 (Jun. 2026 ) = Rp574,244 Mil.
PT Wismilak Inti Makmur Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 80749.588 (Sep. 2025 ) + 59263.562 (Dec. 2025 ) + 192394.126 (Mar. 2026 ) + 157919.8 (Jun. 2026 ) = Rp490,327 Mil.
PT Wismilak Inti Makmur Tbk's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -32538.601 (Sep. 2025 ) + -104232.342 (Dec. 2025 ) + -44174.754 (Mar. 2026 ) + -73519.084 (Jun. 2026 ) = Rp-254,465 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 Wismilak Inti Makmur Tbk (ISX:WIIM) has a Sloan Ratio % of 9.96% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on PT Wismilak Inti Makmur Tbk and its competitors.
Is PT Wismilak Inti Makmur Tbk's Sloan Ratio % too high?
PT Wismilak Inti Makmur Tbk's current Sloan Ratio % is 9.96%. Overall, PT Wismilak Inti Makmur Tbk has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Wismilak Inti Makmur Tbk's Sloan Ratio % compare to PM and MO?
PT Wismilak Inti Makmur Tbk's Sloan Ratio % of 9.96% can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Sloan Ratio % depends on the Tobacco Products 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 Wismilak Inti Makmur Tbk and its competitors. PT Wismilak Inti Makmur Tbk's current Sloan Ratio % is 9.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Wismilak Inti Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Wismilak Inti Makmur Tbk (ISX:WIIM) is currently considered Fairly Valued. The stock's GF Value™ is Rp1,638.67, compared to a current price of Rp1,765.00 — trading 7.7% above its estimated fair value. The current Sloan Ratio % is 9.96%. PT Wismilak Inti Makmur Tbk's overall GF Score™ is 97/100 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 PT Wismilak Inti Makmur Tbk (ISX:WIIM), the current Sloan Ratio % is 9.96% 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 Wismilak Inti Makmur Tbk (ISX:WIIM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Wismilak Inti Makmur Tbk stock appears to be overvalued.
The current stock price of Rp1,765.00 is trading 7.7% above its estimated GF Value™ of Rp1,638.67.
GuruFocus considers PT Wismilak Inti Makmur Tbk to be Fairly Valued.
Key valuation signals for ISX:WIIM:
Sloan Ratio %: 9.96%
GF Value™: Rp1,638.67 vs. price of Rp1,765.00 (7.7% above fair value)
No single metric tells the full story. See the ISX:WIIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Wismilak Inti Makmur Tbk is an Indonesian-based company operating in the cigarette industry. The company is engaged in the manufacture and sale of machine-rolled cigarettes (SKM), hand-rolled cigarettes (SKT), and related cigarette products. It also produces cigarette filters and oriented polypropylene packaging materials. Its product portfolio includes kretek cigarettes and cigars marketed under brands such as Galan, Diplomat, and Wismilak. The company generates revenue mainly from machine-rolled cigarettes, hand-rolled cigarettes, and filter & oriented polypropylene products, with the majority of its revenue derived from Indonesia.
97GF Score
Get the complete analysis for ISX:WIIM
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:WIIM has been successfully added to your 
