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Telenav (Telenav) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2020)


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What is Telenav Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Telenav's Owner Earnings per Share (TTM) ended in Dec. 2020 was $0.00. It's Price-to-Owner-Earnings ratio for today is 0.


The historical rank and industry rank for Telenav's Owner Earnings per Share (TTM) or its related term are showing as below:



TNAV's Price-to-Owner-Earnings is not ranked *
in the Software industry.
Industry Median: 22.895
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Telenav's Earnings per Share (Diluted) for the three months ended in Dec. 2020 was $-0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2020 was $-0.15. It's PE Ratio ratio for today is At Loss.

Telenav's EPS without NRI for the three months ended in Dec. 2020 was $-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2020 was $-0.15. It's PE Ratio without NRI ratio for today is At Loss.


Telenav Owner Earnings per Share (TTM) Historical Data

The historical data trend for Telenav's Owner Earnings per Share (TTM) 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.

Telenav Owner Earnings per Share (TTM) Chart

Telenav Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 -0.54 -0.47 -0.10 0.41

Telenav Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Owner Earnings per Share (TTM) 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 0.48 0.76 0.41 -0.07 -0.04

Competitive Comparison of Telenav's Owner Earnings per Share (TTM)

For the Software - Application subindustry, Telenav's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Telenav's Price-to-Owner-Earnings Distribution in the Software Industry

For the Software industry and Technology sector, Telenav's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Telenav's Price-to-Owner-Earnings falls into.



Telenav Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Telenav's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income -6.7
Depreciation, Depletion and Amortization 6.4
Change In Deferred Tax 0.0
5Y Average of Maintenance Capital Expenditure 2.2
Change In Working Capital 0.8
Shares Outstanding (Diluted Average) 47.8

1. Start with "Net Income" from income statement. Telenav's Net Income for the trailing twelve months (TTM) ended in Dec. 2020 was $-6.7 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Telenav's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Dec. 2020 was $6.4 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Telenav's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2020 was $0.0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $2.2 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Telenav's 5-Year Average Maintenance Capital Expenditure = $2.2 Mil

5. "Change In Working Capital" is from cashflow statement. Telenav's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2020 was $0.8 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. Telenav's Shares Outstanding (Diluted Average) for the months ended in Dec. 2020 was 47.825 Mil.

Telenav's Onwer Earnings Per Share for Dec. 2020 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( -6.707 +6.404+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-2.2334038468966+0.848)/47.825
=0.00

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=4.79/0.00
=0

* 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.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Telenav Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Telenav's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Telenav (Telenav) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Telenav Inc (NAS:TNAV) » Definitions » Owner Earnings per Share (TTM)
Traded in Other Exchanges
N/A
Address
4655 Great America Parkway, Suite 300, Santa Clara, CA, USA, 95054
Telenav Inc is a provider of location-based services, including voice-guided navigation, on mobile phones. The company's operating segment includes Automotive; Advertising and Mobile Navigation. It generates maximum interest from the Automotive segment. Automotive segment utilizes connected car platform to deliver enhanced location-based navigation services to automobile manufacturers and tier ones, which includes on-board navigation systems, advanced hybrid navigation solutions, and mobile phone-based navigation solutions. Geographically, it derives a majority of revenue from the United States.
Executives
Hassan Wahla officer: Chief Customer Officer C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Stephen Debenham officer: V.P, General Counsel,Secretary 46897 BAYSIDE PARKWAY FREMONT CA 94638
Salman Dhanani officer: Chief Operating Officer C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Adeel Manzoor officer: Chief Financial Officer 4655 GREAT AMERICA PARKWAY, SUITE 300, SANTA CLARA CA 95054
H.p. Jin director, officer: President,CEO,Board Chair C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY - SUITE 300 SANTA CLARA CA 95054
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Karen C Francis director 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Randy L. Ortiz director C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054
Samuel Chen director C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Douglas S Miller director C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Ken Xie director 4655 GREAT AMERICA PARKWAY - SUITE 300, SANTA CLARA CA 95054
Kandal Philipp Wolfgang Josef officer: SVP of Engineering C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054
David Ritenour officer: Interim General Counsel 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054

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