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 Mar. 2026, PT Indofood CBP Sukses Makmur Tbk has a Sloan Ratio of 0.55%, indicating the company is in the safe zone and there is no funny business with accruals.
PT Indofood CBP Sukses Makmur Tbk (OTCPK:PNDFF) 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, PT Indofood CBP Sukses Makmur Tbk has a Sloan Ratio of 0.55%, indicating the company is in the safe zone and there is no funny business with accruals.
PT Indofood CBP Sukses Makmur Tbk Sloan Ratio % Related Terms
PT Indofood CBP Sukses 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.
PT Indofood CBP Sukses Makmur Tbk Sloan Ratio % Chart
For the Packaged Foods subindustry, PT Indofood CBP Sukses 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 Indofood CBP Sukses Makmur Tbk Sloan Ratio % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood CBP Sukses Makmur Tbk's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where PT Indofood CBP Sukses Makmur Tbk's Sloan Ratio % falls into.
PT Indofood CBP Sukses 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 Indofood CBP Sukses Makmur Tbk's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 176.553 (Jun. 2025 ) + 95.232 (Sep. 2025 ) + 126.693 (Dec. 2025 ) + 152.038 (Mar. 2026 ) = $551 Mil.
PT Indofood CBP Sukses Makmur Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 198.065 (Jun. 2025 ) + 140.643 (Sep. 2025 ) + 295.599 (Dec. 2025 ) + 127.459 (Mar. 2026 ) = $762 Mil.
PT Indofood CBP Sukses Makmur Tbk's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -71.641 (Jun. 2025 ) + -51.77 (Sep. 2025 ) + -85.086 (Dec. 2025 ) + -48.459 (Mar. 2026 ) = $-257 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 Indofood CBP Sukses Makmur Tbk (PNDFF) has a Sloan Ratio % of 0.55% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on PT Indofood CBP Sukses Makmur Tbk and its competitors.
Is PT Indofood CBP Sukses Makmur Tbk's Sloan Ratio % too high?
PT Indofood CBP Sukses Makmur Tbk's current Sloan Ratio % is 0.55%. Overall, PT Indofood CBP Sukses Makmur Tbk has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Indofood CBP Sukses Makmur Tbk's Sloan Ratio % compare to KHC and GIS?
PT Indofood CBP Sukses Makmur Tbk's Sloan Ratio % of 0.55% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Sloan Ratio % depends on the Consumer Packaged Goods 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 Indofood CBP Sukses Makmur Tbk and its competitors. PT Indofood CBP Sukses Makmur Tbk's current Sloan Ratio % is 0.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indofood CBP Sukses Makmur Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk (PNDFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.78, compared to a current price of $0.30 — trading 61.3% below its estimated fair value. The current Sloan Ratio % is 0.55%. PT Indofood CBP Sukses Makmur Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Indofood CBP Sukses Makmur Tbk (PNDFF), the current Sloan Ratio % is 0.55% 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.
Is PT Indofood CBP Sukses Makmur Tbk (PNDFF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Indofood CBP Sukses Makmur Tbk stock appears to be undervalued.
The current stock price of $0.30 is trading 61.3% below its estimated GF Value™ of $0.78.
GuruFocus considers PT Indofood CBP Sukses Makmur Tbk to be Significantly Undervalued.
Key valuation signals for PNDFF:
Sloan Ratio %: 0.55%
GF Value™: $0.78 vs. price of $0.30 (61.3% below fair value)
No single metric tells the full story. See the PNDFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Indofood CBP Sukses Makmur Tbk operates in the consumer-branded products sector, offering products like noodles, milk, butter, biscuits, chips, chili sauce, syrups, ready-to-drink tea, condiments, etc. These are marketed under various brands such as Indomie, Supermi, Indomilk, Cap Enaak, Chitato, Sambal Indofood, Bumbu Racik, Govit, Sun, Ichi Ocha, Club, and others. The Group also operates a packaging business that produces flexible and corrugated packaging for its products. It classifies its business into the following divisions: Noodles, which generates maximum revenue, Dairy (dairy products), Food Seasonings, Snack Foods, Nutrition and Special Foods, and Beverages. Geographically, the Group derives maximum revenue from Indonesia, and the rest from Asia and Africa, and other regions.
59GF Score
Get the complete analysis for PNDFF
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
PNDFF has been successfully added to your 
