OMV Petrom (BSE:SNP) Owner Earnings per Share (TTM): 0.02 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSE:SNP OMV Petrom SA BSE:SNP
69 GF Score
Price lei1.20
GF Value lei0.83
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is OMV Petrom Owner Earnings per Share (TTM)?

OMV Petrom BSE:SNP -2.45% 69 Owner Earnings per Share (TTM) is 0.02 as of Jun. 2026. GuruFocus rates BSE:SNP with a GF Score™ of 69/100 and a GF Value™ of lei0.83 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 461 Oil & Gas companies, OMV Petrom ranks worse than 92.19% 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)."

OMV Petrom's Owner Earnings per Share (TTM) ended in Jun. 2026 was lei0.02. It's Price-to-Owner-Earnings ratio for today is 59.75.


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

BSE:SNP' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.19   Med: 8.96   Max: 61.29
Current: 58.33


During the past 13 years, the highest Price-to-Owner-Earnings ratio of OMV Petrom was 61.29. The lowest was 3.19. And the median was 8.96.


BSE:SNP's Price-to-Owner-Earnings is ranked worse than
92.19% of 461 companies
in the Oil & Gas industry
Industry Median: 10.88 vs BSE:SNP: 58.33

OMV Petrom's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was lei0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was lei0.05. It's PE Ratio (TTM) ratio for today is 26.56.

OMV Petrom's EPS without NRI for the three months ended in Jun. 2026 was lei0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was lei0.05. It's PE Ratio without NRI ratio for today is 26.56.


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.


OMV Petrom Owner Earnings per Share (TTM) Related Terms


OMV Petrom Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for OMV Petrom'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.

OMV Petrom Owner Earnings per Share (TTM) Chart

OMV Petrom 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 0.04 0.11 0.10 0.06 0.06

OMV Petrom 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 0.06 0.05 0.06 0.04 0.02

BSE:SNP vs XOM, CVX: Owner Earnings per Share (TTM) Comparison

For the Oil & Gas Integrated subindustry, OMV Petrom'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.


OMV Petrom Price-to-Owner-Earnings vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, OMV Petrom's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where OMV Petrom's Price-to-Owner-Earnings falls into.


BSE:SNP
69GF Score
OMV Petrom SA BSE:SNP
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OMV Petrom 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)

OMV Petrom's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 2,771
Depreciation, Depletion and Amortization 4,585
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 4,792
Change In Working Capital -1,261
Shares Outstanding (Diluted Average) 62,380

1. Start with "Net Income" from income statement. OMV Petrom's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was lei2,771 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. OMV Petrom's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was lei4,585 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. OMV Petrom's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was lei0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = lei4,792 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.

OMV Petrom's 5-Year Average Maintenance Capital Expenditure = lei4,792 Mil

5. "Change In Working Capital" is from cashflow statement. OMV Petrom's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was lei-1,261 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. OMV Petrom's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 62379.839 Mil.

OMV Petrom'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
=( 2771.45 +4584.81+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-4791.7063046276+-1261.16)/62379.839
=0.02

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=1.195/0.02
=59.75

* 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 0.02 mean?
OMV Petrom (BSE:SNP) has a Owner Earnings per Share (TTM) of 0.02 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on OMV Petrom. According to the industry distribution chart, OMV Petrom ranks #425 out of 461 companies in the Oil & Gas industry, placing it in the top 92.2%.
Is OMV Petrom's Owner Earnings per Share (TTM) too high?
OMV Petrom's current Owner Earnings per Share (TTM) is 0.02. The Oil & Gas industry median Owner Earnings per Share (TTM) is 10.88. OMV Petrom's value of 0.02 is 99.8% below this industry median. Based on the distribution chart, OMV Petrom ranks #425 out of 461 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, OMV Petrom has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OMV Petrom's Owner Earnings per Share (TTM) compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, OMV Petrom ranks #425 out of 461 companies for Owner Earnings per Share (TTM). This places OMV Petrom in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 10.88. OMV Petrom's value of 0.02 is 99.8% below 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 an Oil & Gas company?
The median Owner Earnings per Share (TTM) among Oil & Gas companies is 10.88, based on 461 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. OMV Petrom's current Owner Earnings per Share (TTM) of 0.02 is 99.8% below 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 OMV Petrom. For the Oil & Gas industry, the median Owner Earnings per Share (TTM) is 10.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OMV Petrom's current Owner Earnings per Share (TTM) is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OMV Petrom stock overvalued right now?
Based on GuruFocus' analysis, OMV Petrom (BSE:SNP) is currently considered Significantly Overvalued. The stock's GF Value™ is lei0.83, compared to a current price of lei1.20 — trading 44% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.02 and 99.8% below the Oil & Gas industry median of 10.88. OMV Petrom's overall GF Score™ is 69/100 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 OMV Petrom (BSE:SNP), the current Owner Earnings per Share (TTM) is 0.02 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 OMV Petrom (BSE:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, OMV Petrom stock appears to be overvalued. The current stock price of lei1.20 is trading 44% above its estimated GF Value™ of lei0.83. GuruFocus considers OMV Petrom to be Significantly Overvalued.

Key valuation signals for BSE:SNP:

  • Owner Earnings per Share (TTM): 0.02
  • GF Value™: lei0.83 vs. price of lei1.20 (44% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 99.8% below the Oil & Gas median (#425 of 461)

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


OMV Petrom Business Description

Industry EnergyOil & Gas
Other Exchanges 0MA6:UKXNE:Germany
Address 22 Coralilor Street, District 1, Petrom City, Bucharest, ROU, 013329
OMV Petrom SA is an integrated oil and gas company operating in Romania. The company has three segments. The exploration & Production segment consists of the exploration, development, & production of crude oil, & natural gas. The refining & Marketing segment produces & delivers gasoline, diesel & other petroleum products to its customers, while through filling station networks offering a variety of services & non-oil business (NOB) goods. The gas business unit, part of the Gas & Power segment, has the objective to focus on gas sales, & becoming a regional player. Business division Power, part of the Gas & Power segment, mainly extends the gas value chain into a gas-fired power plant. Key revenue is derived from Refining & marketing segment. Geographically, key revenue is from Romania.
69GF Score

Get the complete analysis for BSE:SNP

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

lei1.20
Price
lei0.83
GF Value