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RLF AgTechASX:RLF -11.36% Owner Earnings per Share (TTM) is -0.01 as of Jun. 2025. The stock has 4 warning signs investors should review. Among 108 Agriculture companies, RLF AgTech ranks worse than 925925% on this metric.
"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)."
RLF AgTech's Owner Earnings per Share (TTM) ended in Jun. 2025 was A$-0.01. It's Price-to-Owner-Earnings ratio for today is 0.
The historical rank and industry rank for RLF AgTech's Owner Earnings per Share (TTM) or its related term are showing as below:
ASX:RLF's Price-to-Owner-Earnings is not ranked *
in the Agriculture industry.
Industry Median: 17.305 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
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.
RLF AgTech Owner Earnings per Share (TTM) Related Terms
RLF AgTech Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for RLF AgTech'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.
ASX:RLF vs CTVA, CF, MOS: Owner Earnings per Share (TTM) Comparison
For the Agricultural Inputs subindustry, RLF AgTech'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.
RLF AgTech Price-to-Owner-Earnings vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, RLF AgTech's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where RLF AgTech's Price-to-Owner-Earnings falls into.
"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)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
RLF AgTech's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2025 was A$0.00 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = A$0.48 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
RLF AgTech's 5-Year Average Maintenance Capital Expenditure = A$0.48 Mil
5. "Change In Working Capital" is from cashflow statement. RLF AgTech's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2025 was A$0.00 Mil.
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 sometimes it includes non-current parts of assets and liabilities.
* 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.
What does a Owner Earnings per Share (TTM) of -0.01 mean?
RLF AgTech (ASX:RLF) has a Owner Earnings per Share (TTM) of -0.01 as of Jun. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on RLF AgTech. According to the industry distribution chart, RLF AgTech ranks #999999 out of 108 companies in the Agriculture industry.
Is RLF AgTech's Owner Earnings per Share (TTM) too high?
RLF AgTech's current Owner Earnings per Share (TTM) is -0.01. Based on the distribution chart, RLF AgTech ranks #999999 out of 108 companies in the Agriculture industry, which is in the bottom quartile relative to peers.
How does RLF AgTech's Owner Earnings per Share (TTM) compare to CTVA and CF?
According to the Agriculture industry distribution chart, RLF AgTech ranks #999999 out of 108 companies for Owner Earnings per Share (TTM). This places RLF AgTech in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 17.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Agriculture company?
The median Owner Earnings per Share (TTM) among Agriculture companies is 17.31, based on 108 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on RLF AgTech. For the Agriculture industry, the median Owner Earnings per Share (TTM) is 17.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RLF AgTech's current Owner Earnings per Share (TTM) is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLF AgTech stock overvalued right now?
Based on GuruFocus' analysis, RLF AgTech (ASX:RLF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.04 — trading 22% below its estimated fair value. The current Owner Earnings per Share (TTM) is -0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For RLF AgTech (ASX:RLF), the current Owner Earnings per Share (TTM) is -0.01 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
RLF AgTech Ltd is engaged in the formulation, manufacture, and sale of liquid fertilizers and seed treatments. Its offerings include Seed Primers, Soil & Fertigation, and Foliar. The company's operating segments are classified by the geographical areas where products and services are sold, together with its support functions, and include China, which derives key revenue, Australia, and Southeast Asia.
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