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GAMCO Investors (GAMCO Investors) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is GAMCO Investors 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)."

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



GAMI's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

GAMCO Investors's Earnings per Share (Diluted) for the three months ended in Jun. 2023 was $0.58. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was $2.40. It's PE Ratio ratio for today is 9.21.

GAMCO Investors's EPS without NRI for the three months ended in Jun. 2023 was $0.53. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2023 was $2.50. It's PE Ratio without NRI ratio for today is 8.84.


GAMCO Investors Owner Earnings per Share (TTM) Historical Data

The historical data trend for GAMCO Investors'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.

GAMCO Investors Owner Earnings per Share (TTM) Chart

GAMCO Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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GAMCO Investors Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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Competitive Comparison of GAMCO Investors's Owner Earnings per Share (TTM)

For the Asset Management subindustry, GAMCO Investors'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.


GAMCO Investors's Price-to-Owner-Earnings Distribution in the Asset Management Industry

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

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



GAMCO Investors 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)

GAMCO Investors 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.


GAMCO Investors Owner Earnings per Share (TTM) Related Terms

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


GAMCO Investors (GAMCO Investors) Business Description

Traded in Other Exchanges
Address
191 Mason Street, Greenwich, CT, USA, 06830
GAMCO Investors Inc is a provider of investment advisory services to open-end funds, closed-end funds, Exchange Traded Managed Funds (ETMFs), and institutional and private wealth management investors principally in the United States. The company invests in a variety of U.S. and international securities through various investment styles including value, growth, non-market correlated, and convertible securities. Its revenues are based primarily on the company's levels of assets under management (AUM) and fees associated with our various investment products. Its AUM are organized into three groups; Open and Closed-End Funds; Institutional and Private Wealth Management; and SICAV.
Executives
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Alexis Glick director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Kieran Caterina officer: Acting Co-CFO ONE CORPORATE CENTER, RYE NY 10580
Van Der Eb Henry other: Senior Vice President 100 CORPORATE NORTH, SUITE 201, BANNOCKBURN IL 60015
Peter D. Goldstein officer: General Counsel 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli director, 10 percent owner, officer: Chairman of the Board and CEO 191 MASON STREET, GREENWICH CT 06830
Leslie B Daniels director 540 MADISON, 22ND FLOOR, NEW YORK NY 10022
Elisa M. Wilson director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Raymond Avansino director C/O ONE CORPORTATE CENTER, RYE NY 10580
Frederick J. Mancheski Revocable Trust Indenture, Dated June 8, 1999, As Amended 10 percent owner C/O COLLIER, HALPERN & NEWBERG, LLP, ONE NORTH LEXINGTON AVENUE, 15TH FLOOR, WHITE PLAINS NY 10601
Diane Lapointe officer: Acting Co-CFO ONE CORPORATE CENTER, RYE NY 10580
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Gabelli Securities Inc 10 percent owner ONE CORPORATE CENTER, RYE NY 10580
Kevin Handwerker officer: Executive VP & General Counsel