Leo Global Logistics PCL (BKK:LEO-R) Owner Earnings per Share (TTM): -0.25 (As of Jun. 2026)

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BKK:LEO-R Leo Global Logistics PCL BKK:LEO-R
60 GF Score
Price ฿1.90
GF Value ฿1.96
Valuation Fairly Valued
! 10 Warning Signs
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What is Leo Global Logistics PCL Owner Earnings per Share (TTM)?

Leo Global Logistics PCL BKK:LEO-R 60 Owner Earnings per Share (TTM) is -0.25 as of Jun. 2026. GuruFocus rates BKK:LEO-R with a GF Score™ of 60/100 and a GF Value™ of ฿1.96 (Fairly Valued). The stock has 10 warning signs investors should review. Among 532 Transportation companies, Leo Global Logistics PCL ranks worse than 187969.74% on this metric.

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)."

Leo Global Logistics PCL's Owner Earnings per Share (TTM) ended in Jun. 2026 was ฿-0.25. It's Price-to-Owner-Earnings ratio for today is 0.


The historical rank and industry rank for Leo Global Logistics PCL's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 10 years, the highest Price-to-Owner-Earnings ratio of Leo Global Logistics PCL was 10.59. The lowest was 7.81. And the median was 8.95.


BKK:LEO-R's Price-to-Owner-Earnings is not ranked *
in the Transportation industry.
Industry Median: 14.175
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Leo Global Logistics PCL's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was ฿0.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.03. It's PE Ratio (TTM) ratio for today is 63.33.

Leo Global Logistics PCL's EPS without NRI for the three months ended in Jun. 2026 was ฿0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.02. It's PE Ratio without NRI ratio for today is 126.67.


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.


Leo Global Logistics PCL Owner Earnings per Share (TTM) Related Terms


Leo Global Logistics PCL Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Leo Global Logistics PCL'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.

Leo Global Logistics PCL Owner Earnings per Share (TTM) Chart

Leo Global Logistics PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.25 -0.34 -0.27

Leo Global Logistics PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.17 -0.27 -0.41 -0.23

BKK:LEO-R vs UPS, FDX, JBHT: Owner Earnings per Share (TTM) Comparison

For the Integrated Freight & Logistics subindustry, Leo Global Logistics PCL'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.


Leo Global Logistics PCL Price-to-Owner-Earnings vs Transportation Industry

For the Transportation industry and Industrials sector, Leo Global Logistics PCL's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Leo Global Logistics PCL's Price-to-Owner-Earnings falls into.


BKK:LEO-R
60GF Score
Leo Global Logistics PCL BKK:LEO-R
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leo Global Logistics PCL 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)

Leo Global Logistics PCL's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 9
Depreciation, Depletion and Amortization 72
Change In Deferred Tax 5
5Y Average of Maintenance Capital Expenditure 65
Change In Working Capital -98
Shares Outstanding (Diluted Average) 309

1. Start with "Net Income" from income statement. Leo Global Logistics PCL's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was ฿9 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Leo Global Logistics PCL's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was ฿72 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

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. Leo Global Logistics PCL's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was ฿5 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = ฿65 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 quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, 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.

Leo Global Logistics PCL's 5-Year Average Maintenance Capital Expenditure = ฿65 Mil

5. "Change In Working Capital" is from cashflow statement. Leo Global Logistics PCL's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was ฿-98 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.

6. Leo Global Logistics PCL's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 309.304 Mil.

Leo Global Logistics PCL's Onwer Earnings Per Share for Jun. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 9.371 +71.586+5.375
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-65.170965735083+-97.657)/309.304
=-0.25

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=1.90/-0.25
=0

* 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 -0.25 mean?
Leo Global Logistics PCL (BKK:LEO-R) has a Owner Earnings per Share (TTM) of -0.25 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Leo Global Logistics PCL. According to the industry distribution chart, Leo Global Logistics PCL ranks #999999 out of 532 companies in the Transportation industry.
Is Leo Global Logistics PCL's Owner Earnings per Share (TTM) too high?
Leo Global Logistics PCL's current Owner Earnings per Share (TTM) is -0.25. Based on the distribution chart, Leo Global Logistics PCL ranks #999999 out of 532 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Leo Global Logistics PCL has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leo Global Logistics PCL's Owner Earnings per Share (TTM) compare to UPS and FDX?
According to the Transportation industry distribution chart, Leo Global Logistics PCL ranks #999999 out of 532 companies for Owner Earnings per Share (TTM). This places Leo Global Logistics PCL in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 14.18. 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 Transportation company?
The median Owner Earnings per Share (TTM) among Transportation companies is 14.18, based on 532 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 Leo Global Logistics PCL. For the Transportation industry, the median Owner Earnings per Share (TTM) is 14.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Global Logistics PCL's current Owner Earnings per Share (TTM) is -0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Global Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, Leo Global Logistics PCL (BKK:LEO-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.96, compared to a current price of ฿1.90 — trading 3.1% below its estimated fair value. The current Owner Earnings per Share (TTM) is -0.25. Leo Global Logistics PCL's overall GF Score™ is 60/100 with 10 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 Leo Global Logistics PCL (BKK:LEO-R), the current Owner Earnings per Share (TTM) is -0.25 as of Jun. 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 Leo Global Logistics PCL (BKK:LEO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Leo Global Logistics PCL stock appears to be undervalued. The current stock price of ฿1.90 is trading 3.1% below its estimated GF Value™ of ฿1.96. GuruFocus considers Leo Global Logistics PCL to be Fairly Valued.

Key valuation signals for BKK:LEO-R:

  • Owner Earnings per Share (TTM): -0.25
  • GF Value™: ฿1.96 vs. price of ฿1.90 (3.1% below fair value)
  • GF Score™: 60/100 with 10 warning signs

No single metric tells the full story. See the BKK:LEO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leo Global Logistics PCL Business Description

Other Exchanges LEO:Thailand
Address Rama 3 Road, 251-251 / 1 Soi Pakdee, Bangkorlaem Sub-district, Bangkorlaem District, Bangkok, THA, 10120
Leo Global Logistics PCL is engaged in international freight forwarding and integrated logistics. The company's services include Sea freight, Air freight, Multimodal transportation, Warehouse and distribution management, cross-border transport, and Other services. Its segments include Sea freight, Air freight, integrated logistics services, and Storage rental and container depot. The prime revenue is derived from the Sea freight segment.
60GF Score

Get the complete analysis for BKK:LEO-R

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.90
Price
฿1.96
GF Value