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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.
SWS Capital Bhd's Sloan Ratio for the quarter that ended in Mar. 2026 was -17.79%.
As of Mar. 2026, SWS Capital Bhd has a Sloan Ratio of -17.79%, indicating there is a warning stage of accrual build up.
SWS Capital Bhd (XKLS:7186) 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, SWS Capital Bhd has a Sloan Ratio of -17.79%, indicating there is a warning stage of accrual build up.
SWS Capital Bhd Sloan Ratio % Related Terms
SWS Capital Bhd Sloan Ratio % Historical Data
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The historical data trend for SWS Capital 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.
XKLS:7186 vs SN, SGI, MHK: Sloan Ratio % Comparison
For the Furnishings, Fixtures & Appliances subindustry, SWS Capital 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.
SWS Capital Bhd Sloan Ratio % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, SWS Capital Bhd's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where SWS Capital 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.
SWS Capital Bhd's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
SWS Capital Bhd's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -3.989 (Jun. 2025 ) + -4.856 (Sep. 2025 ) + -2.398 (Dec. 2025 ) + 0.897 (Mar. 2026 ) = RM-10.35 Mil.
SWS Capital Bhd's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 4.019 (Jun. 2025 ) + 2.696 (Sep. 2025 ) + 6.153 (Dec. 2025 ) + 0.763 (Mar. 2026 ) = RM13.63 Mil.
SWS Capital Bhd's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -0.281 (Jun. 2025 ) + 7.84 (Sep. 2025 ) + 1.024 (Dec. 2025 ) + 0.073 (Mar. 2026 ) = RM8.66 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.
SWS Capital Bhd (XKLS:7186) has a Sloan Ratio % of -17.79% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on SWS Capital Bhd and its competitors.
Is SWS Capital Bhd's Sloan Ratio % too high?
SWS Capital Bhd's current Sloan Ratio % is -17.79%. Overall, SWS Capital Bhd has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SWS Capital Bhd's Sloan Ratio % compare to SN and SGI?
SWS Capital Bhd's Sloan Ratio % of -17.79% can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Sloan Ratio % depends on the Furnishings, Fixtures & Appliances 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 SWS Capital Bhd and its competitors. SWS Capital Bhd's current Sloan Ratio % is -17.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWS Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, SWS Capital Bhd (XKLS:7186) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.12 — trading 15% above its estimated fair value. The current Sloan Ratio % is -17.79%. SWS Capital Bhd's overall GF Score™ is 38/100 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 SWS Capital Bhd (XKLS:7186), the current Sloan Ratio % is -17.79% 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 SWS Capital Bhd (XKLS:7186) Overvalued in 2026?
Based on GuruFocus' analysis, SWS Capital Bhd stock appears to be overvalued.
The current stock price of RM0.12 is trading 15% above its estimated GF Value™ of RM0.10.
GuruFocus considers SWS Capital Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:7186:
Sloan Ratio %: -17.79%
GF Value™: RM0.10 vs. price of RM0.12 (15% above fair value)
No single metric tells the full story. See the XKLS:7186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SWS Capital Bhd is engaged in the manufacturing and sale of dining furniture, occasional furniture and buffet and hutch, lamination of veneer and paper, and trading of various types of boards, nails, polyethylene, pneumatic fasteners, plastic wares, utensils, and goods and Marketing and distribution of plastic household and industrial products. It operates under two segments that are Investment holding and Manufacturing of plastic wares. The majority of its revenue comes from Plastic wares. Geographically, the company's products are exported to the Asia Pacific, Europe, and Others.
38GF Score
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