Muramoto Electron (Thailand) PCL (BKK:METCO-R) Owner Earnings per Share (TTM): 80.69 (As of Jun. 2026)

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BKK:METCO-R Muramoto Electron (Thailand) PCL BKK:METCO-R
71 GF Score
Price ฿299.00
GF Value ฿205.76
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Muramoto Electron (Thailand) PCL Owner Earnings per Share (TTM)?

Muramoto Electron (Thailand) PCL BKK:METCO-R +14.53% 71 Owner Earnings per Share (TTM) is 80.69 as of Jun. 2026. GuruFocus rates BKK:METCO-R with a GF Score™ of 71/100 and a GF Value™ of ฿205.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,048 Hardware companies, Muramoto Electron (Thailand) PCL ranks better than 92.46% 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)."

Muramoto Electron (Thailand) PCL's Owner Earnings per Share (TTM) ended in Jun. 2026 was ฿80.69. It's Price-to-Owner-Earnings ratio for today is 3.71.


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

BKK:METCO-R' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 2.72   Med: 7.7   Max: 94.07
Current: 3.71


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Muramoto Electron (Thailand) PCL was 94.07. The lowest was 2.72. And the median was 7.70.


BKK:METCO-R's Price-to-Owner-Earnings is ranked better than
92.46% of 1048 companies
in the Hardware industry
Industry Median: 24.785 vs BKK:METCO-R: 3.71

Muramoto Electron (Thailand) PCL's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was ฿8.62. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿52.05. It's PE Ratio (TTM) ratio for today is 5.74.

Muramoto Electron (Thailand) PCL's EPS without NRI for the three months ended in Jun. 2026 was ฿8.41. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was ฿53.75. It's PE Ratio without NRI ratio for today is 5.56.


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.


Muramoto Electron (Thailand) PCL Owner Earnings per Share (TTM) Related Terms


Muramoto Electron (Thailand) PCL Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Muramoto Electron (Thailand) 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.

Muramoto Electron (Thailand) PCL Owner Earnings per Share (TTM) Chart

Muramoto Electron (Thailand) PCL Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.79 43.93 26.87 -11.73 69.91

Muramoto Electron (Thailand) 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 46.47 69.91 74.01 78.09 71.65

BKK:METCO-R vs APH, GLW, TEL: Owner Earnings per Share (TTM) Comparison

For the Electronic Components subindustry, Muramoto Electron (Thailand) 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.


Muramoto Electron (Thailand) PCL Price-to-Owner-Earnings vs Hardware Industry

For the Hardware industry and Technology sector, Muramoto Electron (Thailand) PCL's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Muramoto Electron (Thailand) PCL's Price-to-Owner-Earnings falls into.


BKK:METCO-R
71GF Score
Muramoto Electron (Thailand) PCL BKK:METCO-R
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Muramoto Electron (Thailand) 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)

Muramoto Electron (Thailand) PCL's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 1,088
Depreciation, Depletion and Amortization 408
Change In Deferred Tax 273
5Y Average of Maintenance Capital Expenditure 216
Change In Working Capital 134
Shares Outstanding (Diluted Average) 21

1. Start with "Net Income" from income statement. Muramoto Electron (Thailand) PCL's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was ฿1,088 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Muramoto Electron (Thailand) PCL's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was ฿408 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. Muramoto Electron (Thailand) PCL's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was ฿273 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = ฿216 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.

Muramoto Electron (Thailand) PCL's 5-Year Average Maintenance Capital Expenditure = ฿216 Mil

5. "Change In Working Capital" is from cashflow statement. Muramoto Electron (Thailand) PCL's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was ฿134 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. Muramoto Electron (Thailand) PCL's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 20.910 Mil.

Muramoto Electron (Thailand) 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
=( 1087.922 +407.925+273.023
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-215.5364750068+133.961)/20.910
=80.69

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=299.00/80.69
=3.71

* 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 80.69 mean?
Muramoto Electron (Thailand) PCL (BKK:METCO-R) has a Owner Earnings per Share (TTM) of 80.69 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Muramoto Electron (Thailand) PCL. According to the industry distribution chart, Muramoto Electron (Thailand) PCL ranks #79 out of 1048 companies in the Hardware industry, placing it in the top 7.5%.
Is Muramoto Electron (Thailand) PCL's Owner Earnings per Share (TTM) too high?
Muramoto Electron (Thailand) PCL's current Owner Earnings per Share (TTM) is 80.69. The Hardware industry median Owner Earnings per Share (TTM) is 24.79. Muramoto Electron (Thailand) PCL's value of 80.69 is 225.6% above this industry median. Based on the distribution chart, Muramoto Electron (Thailand) PCL ranks #79 out of 1048 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Muramoto Electron (Thailand) PCL has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Muramoto Electron (Thailand) PCL's Owner Earnings per Share (TTM) compare to APH and GLW?
According to the Hardware industry distribution chart, Muramoto Electron (Thailand) PCL ranks #79 out of 1048 companies for Owner Earnings per Share (TTM). This places Muramoto Electron (Thailand) PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 24.79. Muramoto Electron (Thailand) PCL's value of 80.69 is 225.6% above this benchmark. 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 Hardware company?
The median Owner Earnings per Share (TTM) among Hardware companies is 24.79, based on 1,048 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. Muramoto Electron (Thailand) PCL's current Owner Earnings per Share (TTM) of 80.69 is 225.6% above the industry median. 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 Muramoto Electron (Thailand) PCL. For the Hardware industry, the median Owner Earnings per Share (TTM) is 24.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muramoto Electron (Thailand) PCL's current Owner Earnings per Share (TTM) is 80.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muramoto Electron (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Muramoto Electron (Thailand) PCL (BKK:METCO-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿205.76, compared to a current price of ฿299.00 — trading 45.3% above its estimated fair value. The current Owner Earnings per Share (TTM) is 80.69 and 225.6% above the Hardware industry median of 24.79. Muramoto Electron (Thailand) PCL's overall GF Score™ is 71/100 with 4 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 Muramoto Electron (Thailand) PCL (BKK:METCO-R), the current Owner Earnings per Share (TTM) is 80.69 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 Muramoto Electron (Thailand) PCL (BKK:METCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Muramoto Electron (Thailand) PCL stock appears to be overvalued. The current stock price of ฿299.00 is trading 45.3% above its estimated GF Value™ of ฿205.76. GuruFocus considers Muramoto Electron (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:METCO-R:

  • Owner Earnings per Share (TTM): 80.69
  • GF Value™: ฿205.76 vs. price of ฿299.00 (45.3% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 225.6% above the Hardware median (#79 of 1048)

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


Muramoto Electron (Thailand) PCL Business Description

Other Exchanges METCO:Thailand
Address No. 886 Ramindhra Road, Khwaeng Kannayao, Khet Kannayao, Bangkok, THA, 10230
Muramoto Electron (Thailand) PCL is engaged in the manufacturing of metal and plastic parts for audio-visual equipment and electronic equipment for automobiles and office automation appliances. The company operates in various business segments that are Electric Parts for Automotive Business, Electronic Parts for Office Automation Business, and Other Business. Its geographical segments include Thailand, Japan, the United States, and Others. Substantial revenue comes from electronic parts for office automation.
71GF Score

Get the complete analysis for BKK:METCO-R

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

฿299.00
Price
฿205.76
GF Value