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.
Alam Maritim Resources Bhd (XKLS:5115) 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, Alam Maritim Resources Bhd has a Sloan Ratio of 71.06%, indicating earnings are more likely to be made up of accruals.
Alam Maritim Resources Bhd Sloan Ratio % Related Terms
Alam Maritim Resources 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:5115 vs SLB, BKR, FTI: Sloan Ratio % Comparison
For the Oil & Gas Equipment & Services subindustry, Alam Maritim Resources 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.
Alam Maritim Resources Bhd Sloan Ratio % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Alam Maritim Resources Bhd's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Alam Maritim Resources Bhd's Sloan Ratio % falls into.
Alam Maritim Resources Bhd 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.
Alam Maritim Resources Bhd's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -10.001 (Jun. 2025 ) + 76.574 (Sep. 2025 ) + 18.556 (Dec. 2025 ) + 5.086 (Mar. 2026 ) = RM90.2 Mil.
Alam Maritim Resources Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -6.212 (Jun. 2025 ) + -19.5 (Sep. 2025 ) + 12.528 (Dec. 2025 ) + -15.037 (Mar. 2026 ) = RM-28.2 Mil.
Alam Maritim Resources Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was 14.262 (Jun. 2025 ) + 2.922 (Sep. 2025 ) + -37.28 (Dec. 2025 ) + -4.692 (Mar. 2026 ) = RM-24.8 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.
Alam Maritim Resources Bhd (XKLS:5115) has a Sloan Ratio % of 71.06% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Alam Maritim Resources Bhd and its competitors.
Is Alam Maritim Resources Bhd's Sloan Ratio % too high?
Alam Maritim Resources Bhd's current Sloan Ratio % is 71.06%. Overall, Alam Maritim Resources Bhd has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alam Maritim Resources Bhd's Sloan Ratio % compare to SLB and BKR?
Alam Maritim Resources Bhd's Sloan Ratio % of 71.06% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Sloan Ratio % depends on the Oil & Gas 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 Alam Maritim Resources Bhd and its competitors. Alam Maritim Resources Bhd's current Sloan Ratio % is 71.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alam Maritim Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd (XKLS:5115) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.17, compared to a current price of RM0.27 — trading 55.9% above its estimated fair value. The current Sloan Ratio % is 71.06%. Alam Maritim Resources Bhd's overall GF Score™ is 41/100 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 Alam Maritim Resources Bhd (XKLS:5115), the current Sloan Ratio % is 71.06% 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 Alam Maritim Resources Bhd (XKLS:5115) Overvalued in 2026?
Based on GuruFocus' analysis, Alam Maritim Resources Bhd stock appears to be overvalued.
The current stock price of RM0.27 is trading 55.9% above its estimated GF Value™ of RM0.17.
GuruFocus considers Alam Maritim Resources Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:5115:
Sloan Ratio %: 71.06%
GF Value™: RM0.17 vs. price of RM0.27 (55.9% above fair value)
No single metric tells the full story. See the XKLS:5115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alam Maritim Resources Bhd is an first-tier service provider to the Malaysian oil and gas industry. The company's activities include offshore facilities construction and installation services, such as marine construction-related services; subsea engineering services and offshore pipeline construction-related services, as well as designing, manufacturing and operating of remotely operated vehicles. Its segments include Offshore support vessels which provides vessels for charter hire, transportation of crew and supplies, towing and mooring of rigs offshore, anchor-handling services and to support the repair and maintenance services for the oil and gas industry; and Subsea services which provides vessel, subsea-related equipment and subsea services.
41GF Score
Get the complete analysis for XKLS:5115
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:5115 has been successfully added to your 
