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Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Owner Earnings per Share (TTM) : (As of Dec. 2022)


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What is Beard Energy Transition Acquisition 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)."

Beard Energy Transition Acquisition 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 Beard Energy Transition Acquisition's Owner Earnings per Share (TTM) or its related term are showing as below:



BRD's Price-to-Owner-Earnings is not ranked *
in the Diversified Financial Services industry.
Industry Median: 6.27
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Beard Energy Transition Acquisition's Earnings per Share (Diluted) for the three months ended in Sep. 2023 was $0.09. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $0.28. It's PE Ratio ratio for today is 38.74.

Beard Energy Transition Acquisition's EPS without NRI for the three months ended in Sep. 2023 was $0.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was $0.28. It's PE Ratio without NRI ratio for today is 38.74.


Beard Energy Transition Acquisition Owner Earnings per Share (TTM) Historical Data

The historical data trend for Beard Energy Transition Acquisition'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.

Beard Energy Transition Acquisition Owner Earnings per Share (TTM) Chart

Beard Energy Transition Acquisition Annual Data
Trend Dec21 Dec22
Owner Earnings per Share (TTM)
- -

Beard Energy Transition Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Beard Energy Transition Acquisition's Owner Earnings per Share (TTM)

For the Shell Companies subindustry, Beard Energy Transition Acquisition'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.


Beard Energy Transition Acquisition's Price-to-Owner-Earnings Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Beard Energy Transition Acquisition's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Beard Energy Transition Acquisition's Price-to-Owner-Earnings falls into.



Beard Energy Transition Acquisition 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)

Beard Energy Transition Acquisition 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.


Beard Energy Transition Acquisition Owner Earnings per Share (TTM) Related Terms

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Beard Energy Transition Acquisition (Beard Energy Transition Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
595 Madison Avenue, 29th Floor, New York, NY, USA, 10022
Beard Energy Transition Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Yoav Lurie director 595 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Robert C Reeves director 1001 LOUISIANA STREET, HOUSTON TX 77002
Gregory A Beard director, 10 percent owner, officer: See Remarks C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Charles Cherington director ONE BOW STREET, CAMBRIDGE MA 02138
Sarah James officer: See Remarks PO BOX 500 71 FORT STREET, GRAND CAYMAN E9 KY11106
Beard Energy Transition Acquisition Sponsor Llc 10 percent owner 601 LEXINGTON AVENUE, 20TH FLOOR #1001, NEW YORK NY 10022