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Bangladesh Shipping (DHA:BSC) Owner Earnings per Share (TTM) : (As of . 20)


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What is Bangladesh Shipping 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)."

Bangladesh Shipping 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 Bangladesh Shipping's Owner Earnings per Share (TTM) or its related term are showing as below:



DHA:BSC's Price-to-Owner-Earnings is not ranked *
in the Transportation industry.
Industry Median: 12.5
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Bangladesh Shipping's Earnings per Share (Diluted) for the six months ended in . 20 was BDT0.00. Bangladesh Shipping does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in . 20.

Bangladesh Shipping's EPS without NRI for the six months ended in . 20 was BDT0.00. Bangladesh Shipping does not have enough years/quarters to calculate its EPS without NRI for the trailing twelve months (TTM) ended in . 20.


Bangladesh Shipping Owner Earnings per Share (TTM) Historical Data

The historical data trend for Bangladesh Shipping'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.

Bangladesh Shipping Owner Earnings per Share (TTM) Chart

Bangladesh Shipping Annual Data
Trend
Owner Earnings per Share (TTM)

Bangladesh Shipping Semi-Annual Data
Owner Earnings per Share (TTM)

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

For the Marine Shipping subindustry, Bangladesh Shipping'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.


Bangladesh Shipping's Price-to-Owner-Earnings Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bangladesh Shipping's Price-to-Owner-Earnings distribution charts can be found below:

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



Bangladesh Shipping 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)

Bangladesh Shipping 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.


Bangladesh Shipping Owner Earnings per Share (TTM) Related Terms

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


Bangladesh Shipping (DHA:BSC) Business Description

Traded in Other Exchanges
N/A
Address
Saltgola Road, P.O. Box no. 641, B.Sc Building, Chittagong, BGD, 4100
Bangladesh Shipping Corp provides shipping services to local exporters, importers, and business houses. Its activities include break bulking cargo carrying, chartering and tramping services, feeder, crude oil and food grain carrying, and food grain lightening.

Bangladesh Shipping (DHA:BSC) Headlines

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