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Martin Currie Global Portfolio Trust (LSE:MNP) Owner Earnings per Share (TTM) : 0.00 (As of Jan. 2024)


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What is Martin Currie Global Portfolio 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)."

Martin Currie Global Portfolio 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 Martin Currie Global Portfolio Trust's Owner Earnings per Share (TTM) or its related term are showing as below:



LSE:MNP's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 12.03
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Martin Currie Global Portfolio Trust's Earnings per Share (Diluted) for the six months ended in Jul. 2024 was £0.17. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2024 was £0.23. It's PE Ratio (TTM) ratio for today is 15.94.

Martin Currie Global Portfolio Trust's EPS without NRI for the six months ended in Jul. 2024 was £0.17. Its EPS without NRI for the trailing twelve months (TTM) ended in Jul. 2024 was £0.23. It's PE Ratio without NRI ratio for today is 15.94.


Martin Currie Global Portfolio Trust Owner Earnings per Share (TTM) Historical Data

The historical data trend for Martin Currie Global Portfolio 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.

Martin Currie Global Portfolio Trust Owner Earnings per Share (TTM) Chart

Martin Currie Global Portfolio Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Owner Earnings per Share (TTM)
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Martin Currie Global Portfolio Trust Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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Competitive Comparison of Martin Currie Global Portfolio Trust's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Martin Currie Global Portfolio 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.


Martin Currie Global Portfolio Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

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

* The bar in red indicates where Martin Currie Global Portfolio Trust's Price-to-Owner-Earnings falls into.



Martin Currie Global Portfolio 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)

Martin Currie Global Portfolio 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.


Martin Currie Global Portfolio Trust Owner Earnings per Share (TTM) Related Terms

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Martin Currie Global Portfolio Trust Business Description

Traded in Other Exchanges
Address
5 Morrison Street, Edinburgh, GBR, EH3 8BH
Martin Currie Global Portfolio Trust PLC is a United Kingdom-based investment trust. Its core revenues are generated from long-term borrowings from investors. The company's objective is to produce long-term returns in excess of the total return from the MSCI All Country World index. It invests in a range of sectors, such as financials, consumer services, industrials, Information technology, Materials, healthcare, telecommunications, Real Estate, Energy and Utilities across North America, Europe, the Middle East, the United Kingdom, Asia Pacific, and Japan.