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Samko Timber (SGX:E6R) Sloan Ratio % : 0.00% (As of Sep. 2024)


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What is Samko Timber Sloan Ratio %?

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.

Samko Timber's Sloan Ratio for the quarter that ended in Sep. 2024 was 0.00%.

As of Sep. 2024, Samko Timber has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Samko Timber Sloan Ratio % Historical Data

The historical data trend for Samko Timber'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.

* Premium members only.

Samko Timber Sloan Ratio % Chart

Samko Timber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.24 -5.56 -3.93 8.47 -4.83

Samko Timber Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
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 - - - - -

Competitive Comparison of Samko Timber's Sloan Ratio %

For the Lumber & Wood Production subindustry, Samko Timber'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.


Samko Timber's Sloan Ratio % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Samko Timber's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Samko Timber's Sloan Ratio % falls into.



Samko Timber 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.

Samko Timber's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-65.027-29.825
--77.091)/367.945
=-4.83%

Samko Timber's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(-55.807-0
-0)/421.167
=-13.25%

Samko Timber's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -20.243 (Sep. 2023 ) + -23.705 (Dec. 2023 ) + 0 (Jun. 2024 ) + -11.859 (Sep. 2024 ) = S$-55.8 Mil.
Samko Timber's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) = S$0.0 Mil.
Samko Timber's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Sep. 2024 ) = S$0.0 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.


Samko Timber  (SGX:E6R) 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 Sep. 2024, Samko Timber has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Samko Timber Sloan Ratio % Related Terms

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Samko Timber Business Description

Traded in Other Exchanges
N/A
Address
7500A Beach Road, Number 08-305/307 The Plaza, Singapore, SGP, 199591
Samko Timber Ltd is an Indonesia-based investment holding company engaged in the processing of wood resources through its subsidiaries. The group is organized into three divisions based on its products and services namely the SGS division, SGM division and the ST division. SGS division which derives its majority of revenue deals in the business of manufacturing and selling primary process timber products such as general plywood and laminated lumber and processed timber products also contributes the majority of the group's revenue. ST division trades in all types of timber products manufactured by the division and are responsible for the production of secondary timber products.

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