Oman Ceramics CoOG (MUS:OMCI) Sloan Ratio %: -10.38% (As of Mar. 2018)

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What is Oman Ceramics CoOG Sloan Ratio %?

Oman Ceramics CoOG MUS:OMCI Sloan Ratio % is -10.38% as of Mar. 2018.

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.

Oman Ceramics CoOG's Sloan Ratio for the quarter that ended in Mar. 2018 was -10.38%.

As of Mar. 2018, Oman Ceramics CoOG has a Sloan Ratio of -10.38%, indicating there is a warning stage of accrual build up.


Oman Ceramics CoOG  (MUS:OMCI) 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 Mar. 2018, Oman Ceramics CoOG has a Sloan Ratio of -10.38%, indicating there is a warning stage of accrual build up.


Oman Ceramics CoOG Sloan Ratio % Related Terms


Oman Ceramics CoOG Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Oman Ceramics CoOG'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.

Oman Ceramics CoOG Sloan Ratio % Chart

Oman Ceramics CoOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 -0.74 -2.73 -3.17 -1.03

Oman Ceramics CoOG Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 1.63 2.23 1.34 -1.03 -10.38

Oman Ceramics CoOG Sloan Ratio % Competitor Comparison

For the Building Products & Equipment subindustry, Oman Ceramics CoOG'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.


Oman Ceramics CoOG Sloan Ratio % vs Construction Industry

For the Construction industry and Industrials sector, Oman Ceramics CoOG's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Oman Ceramics CoOG's Sloan Ratio % falls into.



Oman Ceramics CoOG 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.

Oman Ceramics CoOG's Sloan Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2017 )-Cash Flow from Operations (A: Dec. 2017 )
-Cash Flow from Investing (A: Dec. 2017 ))/Total Assets (A: Dec. 2017 )
=(0.118-0.25
--0.078)/5.234
=-1.03%

Oman Ceramics CoOG's Sloan Ratio for the quarter that ended in Mar. 2018 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2018 )
=(-0.123-0.44
--0.066)/4.786
=-10.38%

Oman Ceramics CoOG's Net Income for the trailing twelve months (TTM) ended in Mar. 2018 was 0.023 (Jun. 2017 ) + 0.024 (Sep. 2017 ) + 0.028 (Dec. 2017 ) + -0.198 (Mar. 2018 ) = ر.ع-0.12 Mil.
Oman Ceramics CoOG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2018 was -0.003 (Jun. 2017 ) + -0.069 (Sep. 2017 ) + 0.355 (Dec. 2017 ) + 0.157 (Mar. 2018 ) = ر.ع0.44 Mil.
Oman Ceramics CoOG's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2018 was 0.022 (Jun. 2017 ) + -0.005 (Sep. 2017 ) + -0.073 (Dec. 2017 ) + -0.01 (Mar. 2018 ) = ر.ع-0.07 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of -10.38% mean?
Oman Ceramics CoOG (MUS:OMCI) has a Sloan Ratio % of -10.38% as of Mar. 2018. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Oman Ceramics CoOG and its competitors.
Is Oman Ceramics CoOG's Sloan Ratio % too high?
Oman Ceramics CoOG's current Sloan Ratio % is -10.38%.
How does Oman Ceramics CoOG's Sloan Ratio % compare to competitors?
Oman Ceramics CoOG's Sloan Ratio % of -10.38% can be compared against companies in the Construction 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 Construction company?
A good Sloan Ratio % depends on the Construction 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 Oman Ceramics CoOG and its competitors. Oman Ceramics CoOG's current Sloan Ratio % is -10.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Ceramics CoOG stock overvalued right now?
Oman Ceramics CoOG (MUS:OMCI) has a current Sloan Ratio % of -10.38%. The current Sloan Ratio % is -10.38%. 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 Oman Ceramics CoOG (MUS:OMCI), the current Sloan Ratio % is -10.38% as of Mar. 2018. 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.

Oman Ceramics CoOG Business Description

Address Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327
Oman Ceramics Co SAOG is principally engaged in manufacturing and selling of various types of ceramic sanitary wares. The product line of the company includes water closet, wash basin, bidet, accessories, urinals, shower tray, seat covers, flushing machine, mixers, showers, shattaf, and angle valve and others. The company markets its products in various countries such as UK, USA, UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Jordan, Syria, India, Yemen and South Africa. Oman Ceramics operates through the single segment being the Manufacture of ceramic sanitary wares and related products.