Saul CentersBFS +0.37%78 Owner Earnings per Share (TTM) is 0.00 as of Mar. 2026. GuruFocus rates BFS with a GF Score™ of 78/100 and a GF Value™ of $41.91 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 333 REITs companies, Saul Centers ranks worse than 300300% 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)."
Saul Centers 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 Saul Centers's Owner Earnings per Share (TTM) or its related term are showing as below:
During the past 13 years, the highestPrice-to-Owner-Earnings ratio of Saul Centers was 66.97. The lowest was 18.56. And the median was 26.21.
BFS's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.8 * 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.
Saul Centers Owner Earnings per Share (TTM) Related Terms
Saul Centers Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Saul Centers'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.
BFS vs WSR, ALX, PINE: Owner Earnings per Share (TTM) Comparison
For the REIT - Retail subindustry, Saul Centers'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.
Saul Centers Price-to-Owner-Earnings vs REITs Industry
For the REITs industry and Real Estate sector, Saul Centers's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Saul Centers'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)."
What does a Owner Earnings per Share (TTM) of 0.00 mean?
Saul Centers (BFS) has a Owner Earnings per Share (TTM) of 0.00 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Saul Centers. Over the past decade, Saul Centers' Owner Earnings per Share (TTM) has ranged from 18.56 to 66.97. According to the industry distribution chart, Saul Centers ranks #999999 out of 333 companies in the REITs industry.
Is Saul Centers' Owner Earnings per Share (TTM) too high?
Saul Centers' current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 18.56 to a high of 66.97. Based on the distribution chart, Saul Centers ranks #999999 out of 333 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Saul Centers has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saul Centers' Owner Earnings per Share (TTM) compare to WSR and ALX?
According to the REITs industry distribution chart, Saul Centers ranks #999999 out of 333 companies for Owner Earnings per Share (TTM). This places Saul Centers in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 14.80. Historically, Saul Centers' own Owner Earnings per Share (TTM) has ranged from 18.56 to 66.97 over the past decade. 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 a REITs company?
The median Owner Earnings per Share (TTM) among REITs companies is 14.80, based on 333 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 Saul Centers. For the REITs industry, the median Owner Earnings per Share (TTM) is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saul Centers's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saul Centers stock overvalued right now?
Based on GuruFocus' analysis, Saul Centers (BFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.91, compared to a current price of $37.59 — trading 10.3% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Saul Centers' overall GF Score™ is 78/100 with 9 warning signs to review. 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 Saul Centers (BFS), the current Owner Earnings per Share (TTM) is 0.00 as of Mar. 2026. 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.
Is Saul Centers (BFS) Overvalued in 2026?
Based on GuruFocus' analysis, Saul Centers stock appears to be undervalued.
The current stock price of $37.59 is trading 10.3% below its estimated GF Value™ of $41.91.
GuruFocus considers Saul Centers to be Modestly Undervalued.
Key valuation signals for BFS:
Owner Earnings per Share (TTM): 0.00
GF Value™: $41.91 vs. price of $37.59 (10.3% below fair value)
No single metric tells the full story. See the BFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saul Centers Inc is a self-managed real estate investment trust which invests in, operates and develops retail and commercial properties. The company's portfolio includes community and neighbourhood shopping centres, office properties, and mixed-use properties. Properties are located in the Washington, D.C. and Batlimore metropolitan areas. Saul Centers operates through two business segments: Shopping Centers segment, which contribute the maximum portion of total revenue; and mixed-use properties.Mixed-Use Properties segment include office, retail and multi-family residential use.
78GF Score
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