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Nuveen Preferred andome Term Fund (Nuveen Preferred andome Term Fund) Owner Earnings per Share (TTM) : 0.00 (As of Jul. 2022)


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What is Nuveen Preferred andome Term Fund 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)."

Nuveen Preferred andome Term Fund 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 Nuveen Preferred andome Term Fund's Owner Earnings per Share (TTM) or its related term are showing as below:



JPI's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.025
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Nuveen Preferred andome Term Fund's Earnings per Share (Diluted) for the six months ended in Jan. 2023 was $0.39. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2023 was $-1.78. It's PE Ratio ratio for today is At Loss.

Nuveen Preferred andome Term Fund's EPS without NRI for the six months ended in Jan. 2023 was $0.39. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2023 was $-1.78. It's PE Ratio without NRI ratio for today is At Loss.


Nuveen Preferred andome Term Fund Owner Earnings per Share (TTM) Historical Data

The historical data trend for Nuveen Preferred andome Term Fund'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.

Nuveen Preferred andome Term Fund Owner Earnings per Share (TTM) Chart

Nuveen Preferred andome Term Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Owner Earnings per Share (TTM)
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Nuveen Preferred andome Term Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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Competitive Comparison of Nuveen Preferred andome Term Fund's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Nuveen Preferred andome Term Fund'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.


Nuveen Preferred andome Term Fund's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Preferred andome Term Fund's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Nuveen Preferred andome Term Fund's Price-to-Owner-Earnings falls into.



Nuveen Preferred andome Term Fund 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)

Nuveen Preferred andome Term Fund 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.


Nuveen Preferred andome Term Fund Owner Earnings per Share (TTM) Related Terms

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


Nuveen Preferred andome Term Fund (Nuveen Preferred andome Term Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Preferred and Income Term Fund is a closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The company's products include mutual funds, closed-end funds, Exchange-traded funds, Multi-asset model portfolios, and others.
Executives
Jack Evans other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
William T. Meyers officer: Vice President C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Deann Morgan other: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Brenda A. Langenfeld other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DR, STE 2900, CHICAGO IL 60606
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606
Demark L Winget officer: Vice President C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606

Nuveen Preferred andome Term Fund (Nuveen Preferred andome Term Fund) Headlines

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