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Komarkcorp Bhd (XKLS:7017) Sloan Ratio % : 12.32% (As of Sep. 2024)


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What is Komarkcorp Bhd 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.

Komarkcorp Bhd's Sloan Ratio for the quarter that ended in Sep. 2024 was 12.32%.

As of Sep. 2024, Komarkcorp Bhd has a Sloan Ratio of 12.32%, indicating there is a warning stage of accrual build up.


Komarkcorp Bhd Sloan Ratio % Historical Data

The historical data trend for Komarkcorp Bhd'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.

Komarkcorp Bhd Sloan Ratio % Chart

Komarkcorp Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Mar22 Mar23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.69 -5.94 1.35 - -6.25

Komarkcorp Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -6.25 -5.12 9.95 9.03 12.32

Competitive Comparison of Komarkcorp Bhd's Sloan Ratio %

For the Specialty Business Services subindustry, Komarkcorp 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.


Komarkcorp Bhd's Sloan Ratio % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Komarkcorp Bhd's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Komarkcorp Bhd's Sloan Ratio % falls into.



Komarkcorp 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.

Komarkcorp Bhd's Sloan Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2023 )-Cash Flow from Operations (A: Mar. 2023 )
-Cash Flow from Investing (A: Mar. 2023 ))/Total Assets (A: Mar. 2023 )
=(-4.76-7.469
--4.806)/118.821
=-6.25%

Komarkcorp Bhd'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 )
=(-11.275--19.019
--7.239)/121.622
=12.32%

Komarkcorp Bhd's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -2.166 (Jun. 2023 ) + -1.237 (Sep. 2023 ) + -4.764 (Dec. 2023 ) + -3.108 (Sep. 2024 ) = RM-11.28 Mil.
Komarkcorp Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 0.038 (Jun. 2023 ) + -22.027 (Sep. 2023 ) + 4.014 (Dec. 2023 ) + -1.044 (Sep. 2024 ) = RM-19.02 Mil.
Komarkcorp Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -0.042 (Jun. 2023 ) + -0.179 (Sep. 2023 ) + -6.275 (Dec. 2023 ) + -0.743 (Sep. 2024 ) = RM-7.24 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.


Komarkcorp Bhd  (XKLS:7017) 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, Komarkcorp Bhd has a Sloan Ratio of 12.32%, indicating there is a warning stage of accrual build up.


Komarkcorp Bhd Sloan Ratio % Related Terms

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Komarkcorp Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 132, Jalan 16/1, Kawasan Perindustrian Cheras Jaya, Darul Ehsan, Balakong, SGR, MYS, 43200
Komarkcorp Bhd is a company engaged in the manufacturing of self-adhesive labels, and flexible packaging. The company's segment includes Self- stickers adhesive labels, Face masks, and others. The company generates maximum revenue from the Self- sticker adhesive labels segment. Geographically, it derives a majority of its revenue from Malaysia.

Komarkcorp Bhd Headlines

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