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Beyond MeatBSP:B2YN34 +1.82%38 Owner Earnings per Share (TTM) is 2.54 as of Jun. 2026, which is 50% above its 10-year median of 1.69. GuruFocus rates BSP:B2YN34 with a GF Score™ of 38/100 and a GF Value™ of R$59.68 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 994 Consumer Packaged Goods companies, Beyond Meat ranks better than 98.59% 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)."
Beyond Meat's Owner Earnings per Share (TTM) ended in Jun. 2026 was R$2.54. It's Price-to-Owner-Earnings ratio for today is 1.1.
The historical rank and industry rank for Beyond Meat's Owner Earnings per Share (TTM) or its related term are showing as below:
BSP:B2YN34'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.08 Med: 1.69 Max: 2.35
Current: 1.08
During the past 10 years, the highestPrice-to-Owner-Earnings ratio of Beyond Meat was 2.35. The lowest was 1.08. And the median was 1.69.
BSP:B2YN34's Price-to-Owner-Earnings is ranked better than 98.59% of 994
companies
in the Consumer Packaged Goods industry
Industry Median: 14.625
vs BSP:B2YN34: 1.08
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.
Beyond Meat Owner Earnings per Share (TTM) Related Terms
Beyond Meat Owner Earnings per Share (TTM) Historical Data
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The historical data trend for Beyond Meat'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.
BSP:B2YN34 vs BGS, PRE, AMNF: Owner Earnings per Share (TTM) Comparison
For the Packaged Foods subindustry, Beyond Meat'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.
Beyond Meat Price-to-Owner-Earnings vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Meat's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Beyond Meat'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)."
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.
Beyond Meat's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was R$0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = R$201 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.
Beyond Meat's 5-Year Average Maintenance Capital Expenditure = R$201 Mil
5. "Change In Working Capital" is from cashflow statement. Beyond Meat's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was R$194 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.
* 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 2.54 mean?
Beyond Meat (BSP:B2YN34) has a Owner Earnings per Share (TTM) of 2.54 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Beyond Meat. This is 50% above median its historical median of 1.69. Over the past decade, Beyond Meat's Owner Earnings per Share (TTM) has ranged from 1.08 to 2.35. According to the industry distribution chart, Beyond Meat ranks #14 out of 994 companies in the Consumer Packaged Goods industry, placing it in the top 1.4%.
Is Beyond Meat's Owner Earnings per Share (TTM) too high?
Beyond Meat's current Owner Earnings per Share (TTM) of 2.54 is 50% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 2.35. The Consumer Packaged Goods industry median Owner Earnings per Share (TTM) is 14.63. Beyond Meat's value of 2.54 is 82.6% below this industry median. Based on the distribution chart, Beyond Meat ranks #14 out of 994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Beyond Meat has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beyond Meat's Owner Earnings per Share (TTM) compare to BGS and PRE?
According to the Consumer Packaged Goods industry distribution chart, Beyond Meat ranks #14 out of 994 companies for Owner Earnings per Share (TTM). This places Beyond Meat in the top 1% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 14.63. Beyond Meat's value of 2.54 is 82.6% below this benchmark. Historically, Beyond Meat's own Owner Earnings per Share (TTM) has ranged from 1.08 to 2.35 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 14.63, Beyond Meat has consistently been below the industry average. 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 Consumer Packaged Goods company?
The median Owner Earnings per Share (TTM) among Consumer Packaged Goods companies is 14.63, based on 994 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. Beyond Meat's current Owner Earnings per Share (TTM) of 2.54 is 82.6% 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 Beyond Meat. For the Consumer Packaged Goods industry, the median Owner Earnings per Share (TTM) is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beyond Meat's current Owner Earnings per Share (TTM) is 2.54, which is 50% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyond Meat stock overvalued right now?
Based on GuruFocus' analysis, Beyond Meat (BSP:B2YN34) is currently considered Possible Value Trap. The stock's GF Value™ is R$59.68, compared to a current price of R$2.80 — trading 95.3% below its estimated fair value. The current Owner Earnings per Share (TTM) is 2.54, which is 50% above median its 10-year median of 1.69 and 82.6% below the Consumer Packaged Goods industry median of 14.63. Beyond Meat's overall GF Score™ is 38/100 with 7 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 Beyond Meat (BSP:B2YN34), the current Owner Earnings per Share (TTM) is 2.54 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 Beyond Meat (BSP:B2YN34) Overvalued in 2026?
Based on GuruFocus' analysis, Beyond Meat stock appears to be undervalued.
The current stock price of R$2.80 is trading 95.3% below its estimated GF Value™ of R$59.68.
GuruFocus considers Beyond Meat to be Possible Value Trap.
Key valuation signals for BSP:B2YN34:
Owner Earnings per Share (TTM): 2.54 (50% above median its 10-year median of 1.69)
GF Value™: R$59.68 vs. price of R$2.80 (95.3% below fair value)
Industry Position: 82.6% below the Consumer Packaged Goods median (#14 of 994)
No single metric tells the full story. See the BSP:B2YN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.
38GF Score
Get the complete analysis for BSP:B2YN34
Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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