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Chelverton UK Dividend Trust (LSE:SDV) Owner Earnings per Share (TTM) : 0.00 (As of Apr. 2023)


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What is Chelverton UK Dividend 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)."

Chelverton UK Dividend 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 Chelverton UK Dividend Trust's Owner Earnings per Share (TTM) or its related term are showing as below:



LSE:SDV's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.975
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Chelverton UK Dividend Trust's Earnings per Share (Diluted) for the six months ended in Oct. 2023 was £-0.33. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.12. It's PE Ratio ratio for today is At Loss.

Chelverton UK Dividend Trust's EPS without NRI for the six months ended in Oct. 2023 was £-0.33. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.12. It's PE Ratio without NRI ratio for today is At Loss.


Chelverton UK Dividend Trust Owner Earnings per Share (TTM) Historical Data

The historical data trend for Chelverton UK Dividend 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.

Chelverton UK Dividend Trust Owner Earnings per Share (TTM) Chart

Chelverton UK Dividend Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Owner Earnings per Share (TTM)
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Chelverton UK Dividend Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Competitive Comparison of Chelverton UK Dividend Trust's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Chelverton UK Dividend 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.


Chelverton UK Dividend Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

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

* The bar in red indicates where Chelverton UK Dividend Trust's Price-to-Owner-Earnings falls into.



Chelverton UK Dividend 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)

Chelverton UK Dividend 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.


Chelverton UK Dividend Trust Owner Earnings per Share (TTM) Related Terms

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


Chelverton UK Dividend Trust (LSE:SDV) Business Description

Traded in Other Exchanges
N/A
Address
Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY
Chelverton UK Dividend Trust PLC is a closed-ended investment trust. The principal activity of the Company is to carry on business as an investment trust. The Company is engaged in a single segment of business, being investment business. The company focuses on private clients, financial intermediaries, institutional investors and family offices. Its investment objective is to provide ordinary shareholders with a high income and opportunity for capital growth, having a capital return sufficient to repay the full final capital entitlement of the Zero Dividend Preference shares. The company invests in various sectors such as Support and Financial Services, Travel and Leisure, General Retailer, Household Goods and Home Construction, Industrial Engineering and others.

Chelverton UK Dividend Trust (LSE:SDV) Headlines

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