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TINC NV (XBRU:TINC) Owner Earnings per Share (TTM) : 0.00 (As of Jun. 2021)


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What is TINC NV 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)."

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



XBRU:TINC's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.35
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

TINC NV's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was €0.42. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was €1.01. It's PE Ratio ratio for today is 12.10.

TINC NV's EPS without NRI for the six months ended in Jun. 2023 was €0.42. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2023 was €1.01. It's PE Ratio without NRI ratio for today is 12.10.


TINC NV Owner Earnings per Share (TTM) Historical Data

The historical data trend for TINC NV'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.

TINC NV Owner Earnings per Share (TTM) Chart

TINC NV Annual Data
Trend Dec12 Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Owner Earnings per Share (TTM)
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TINC NV Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of TINC NV's Owner Earnings per Share (TTM)

For the Asset Management subindustry, TINC NV'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.


TINC NV's Price-to-Owner-Earnings Distribution in the Asset Management Industry

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

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



TINC NV 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)

TINC NV 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.


TINC NV Owner Earnings per Share (TTM) Related Terms

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


TINC NV (XBRU:TINC) Business Description

Industry
Traded in Other Exchanges
Address
Karel Oomsstraat 37, Antwerp, BEL, 2018
TINC NV Formerly TINC Comm. VA is a Belgium based investment company. It invests in companies that realize and operate infrastructure. The company holds a diversified investment portfolio of participation in various infrastructures, such as road and tram infrastructure, a business center, a car park, and energy infrastructure. It mainly invests in companies located in Belgium, the Netherlands, and Ireland.

TINC NV (XBRU:TINC) Headlines

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