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Gabelli Multimedia Trust (Gabelli Multimedia Trust) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Gabelli Multimedia Trust 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)."

Gabelli Multimedia Trust does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


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



GGT's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 12.51
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Gabelli Multimedia Trust's Earnings per Share (Diluted) for the six months ended in Dec. 2023 was $0.10. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.77. It's PE Ratio ratio for today is 7.55.

Gabelli Multimedia Trust's EPS without NRI for the six months ended in Dec. 2023 was $0.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.77. It's PE Ratio without NRI ratio for today is 7.55.


Gabelli Multimedia Trust Owner Earnings per Share (TTM) Historical Data

The historical data trend for Gabelli Multimedia Trust'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.

Gabelli Multimedia Trust Owner Earnings per Share (TTM) Chart

Gabelli Multimedia Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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Gabelli Multimedia Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Gabelli Multimedia Trust's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Gabelli Multimedia Trust'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.


Gabelli Multimedia Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Multimedia Trust's Price-to-Owner-Earnings distribution charts can be found below:

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



Gabelli Multimedia Trust 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)

Gabelli Multimedia Trust does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


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.


Gabelli Multimedia Trust Owner Earnings per Share (TTM) Related Terms

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


Gabelli Multimedia Trust (Gabelli Multimedia Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, New York, NY, USA, 10580-1422
Gabelli Multimedia Trust Inc is a non-diversified closed-end management investment company. Its investment objective is the long-term growth of capital. The fund invests at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries.
Executives
Mario J Gabelli director 191 MASON STREET, GREENWICH CT 06830
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. other: Subsidiary 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Christopher J. Marangi director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019

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