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, Jaya Tiasa Holdings Bhd has a Sloan Ratio of -2.41%, indicating the company is in the safe zone and there is no funny business with accruals.
Jaya Tiasa Holdings Bhd (XKLS:4383) 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, Jaya Tiasa Holdings Bhd has a Sloan Ratio of -2.41%, indicating the company is in the safe zone and there is no funny business with accruals.
Jaya Tiasa Holdings Bhd Sloan Ratio % Related Terms
Jaya Tiasa Holdings Bhd 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.
XKLS:4383 vs ADM, BG, TSN: Sloan Ratio % Comparison
For the Farm Products subindustry, Jaya Tiasa Holdings Bhd'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.
Jaya Tiasa Holdings Bhd Sloan Ratio % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Jaya Tiasa Holdings Bhd's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Jaya Tiasa Holdings Bhd's Sloan Ratio % falls into.
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.
Jaya Tiasa Holdings Bhd's Sloan Ratio for the fiscal year that ended in Jun. 2025 is calculated as
Jaya Tiasa Holdings Bhd's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -11.888 (Jun. 2025 ) + 53.572 (Sep. 2025 ) + 63.115 (Dec. 2025 ) + -3.62 (Mar. 2026 ) = RM101 Mil.
Jaya Tiasa Holdings Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 85.546 (Jun. 2025 ) + 100.1 (Sep. 2025 ) + 78.048 (Dec. 2025 ) + 8.175 (Mar. 2026 ) = RM272 Mil.
Jaya Tiasa Holdings Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -72.818 (Jun. 2025 ) + -14.078 (Sep. 2025 ) + -17.881 (Dec. 2025 ) + -18.066 (Mar. 2026 ) = RM-123 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.
Jaya Tiasa Holdings Bhd (XKLS:4383) has a Sloan Ratio % of -2.41% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Jaya Tiasa Holdings Bhd and its competitors.
Is Jaya Tiasa Holdings Bhd's Sloan Ratio % too high?
Jaya Tiasa Holdings Bhd's current Sloan Ratio % is -2.41%. Overall, Jaya Tiasa Holdings Bhd has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jaya Tiasa Holdings Bhd's Sloan Ratio % compare to ADM and BG?
Jaya Tiasa Holdings Bhd's Sloan Ratio % of -2.41% 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 Jaya Tiasa Holdings Bhd and its competitors. Jaya Tiasa Holdings Bhd's current Sloan Ratio % is -2.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaya Tiasa Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Jaya Tiasa Holdings Bhd (XKLS:4383) is currently considered Fairly Valued. The stock's GF Value™ is RM1.15, compared to a current price of RM1.10 — trading 4.3% below its estimated fair value. The current Sloan Ratio % is -2.41%. Jaya Tiasa Holdings Bhd's overall GF Score™ is 79/100 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 Jaya Tiasa Holdings Bhd (XKLS:4383), the current Sloan Ratio % is -2.41% 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 Jaya Tiasa Holdings Bhd (XKLS:4383) Overvalued in 2026?
Based on GuruFocus' analysis, Jaya Tiasa Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.10 is trading 4.3% below its estimated GF Value™ of RM1.15.
GuruFocus considers Jaya Tiasa Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:4383:
Sloan Ratio %: -2.41%
GF Value™: RM1.15 vs. price of RM1.10 (4.3% below fair value)
No single metric tells the full story. See the XKLS:4383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jaya Tiasa Holdings Bhd is an investment holding company engaged in the development of oil palm plantations. The group's business activities are divided into several segments, including oil palm, oil mill, timber, and others. Through its subsidiaries, the company manufactures products such as sawn timber, blockboard, plywood, veneer, and related items. Additionally, the firm provides air transportation services and continues to develop oil palm plantations. The majority of the group's revenue is derived from its oil mill operations.
79GF Score
Get the complete analysis for XKLS:4383
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
XKLS:4383 has been successfully added to your 
