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Chuetsu Pulp & Paper Co (TSE:3877) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Chuetsu Pulp & Paper Co 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)."

Chuetsu Pulp & Paper Co 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 Chuetsu Pulp & Paper Co's Owner Earnings per Share (TTM) or its related term are showing as below:



TSE:3877's Price-to-Owner-Earnings is not ranked *
in the Forest Products industry.
Industry Median: 9.67
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Chuetsu Pulp & Paper Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was 円47.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was 円399.83. It's PE Ratio ratio for today is 3.88.

Chuetsu Pulp & Paper Co's EPS without NRI for the three months ended in Dec. 2023 was 円52.11. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was 円420.05. It's PE Ratio without NRI ratio for today is 3.69.


Chuetsu Pulp & Paper Co Owner Earnings per Share (TTM) Historical Data

The historical data trend for Chuetsu Pulp & Paper Co'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.

Chuetsu Pulp & Paper Co Owner Earnings per Share (TTM) Chart

Chuetsu Pulp & Paper Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Owner Earnings per Share (TTM)
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Chuetsu Pulp & Paper Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Chuetsu Pulp & Paper Co's Owner Earnings per Share (TTM)

For the Paper & Paper Products subindustry, Chuetsu Pulp & Paper Co'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.


Chuetsu Pulp & Paper Co's Price-to-Owner-Earnings Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Chuetsu Pulp & Paper Co's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Chuetsu Pulp & Paper Co's Price-to-Owner-Earnings falls into.



Chuetsu Pulp & Paper Co 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)

Chuetsu Pulp & Paper Co 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.


Chuetsu Pulp & Paper Co Owner Earnings per Share (TTM) Related Terms

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


Chuetsu Pulp & Paper Co (TSE:3877) Business Description

Traded in Other Exchanges
N/A
Address
2-10-6 Ginza, Chuo-ku, Tokyo, JPN, 1048124
Chuetsu Pulp & Paper Co Ltd is engaged in the manufacturing and sale of paper and pulp products. It offers varied products in following categories; paper and pulp manufacturing unit produces newsprint, printing paper, packaging paper, and special paper, paperboard, and pulp products. The Paper-processed Products include paper bags, paper tubes, cardboard boxes, and notebooks. The Power unit deals with the sale of electricity. It is also involved in the forestry, lumbering, and wood processing activities; manufacture, buying, and sale of chemicals; management, leasing, buying, and sale of real estate properties.

Chuetsu Pulp & Paper Co (TSE:3877) Headlines

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