Fundo DE Investimento Imobiliario FOF Integral Brei (BSP:IBFF11) Owner Earnings per Share (TTM): (As of Jun. 2022)

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.

BSP:IBFF11 Fundo DE Investimento Imobiliario FOF Integral Brei BSP:IBFF11
36 GF Score
Price R$66.40
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What is Fundo DE Investimento Imobiliario FOF Integral Brei 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)."

Fundo DE Investimento Imobiliario FOF Integral Brei 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 Fundo DE Investimento Imobiliario FOF Integral Brei's Owner Earnings per Share (TTM) or its related term are showing as below:



BSP:IBFF11's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.38
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Fundo DE Investimento Imobiliario FOF Integral Brei's Earnings per Share (Diluted) for the six months ended in Jun. 2022 was R$-3.35. Fundo DE Investimento Imobiliario FOF Integral Brei does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022.

Fundo DE Investimento Imobiliario FOF Integral Brei's EPS without NRI for the six months ended in Jun. 2022 was R$-3.35. Fundo DE Investimento Imobiliario FOF Integral Brei does not have enough years/quarters to calculate its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022.


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.


Fundo DE Investimento Imobiliario FOF Integral Brei Owner Earnings per Share (TTM) Related Terms


Fundo DE Investimento Imobiliario FOF Integral Brei Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario FOF Integral Brei'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.

Fundo DE Investimento Imobiliario FOF Integral Brei Owner Earnings per Share (TTM) Chart

Fundo DE Investimento Imobiliario FOF Integral Brei Annual Data
Trend Jun20 Jun21 Jun22
Owner Earnings per Share (TTM)
0.00 0.00 0.00

Fundo DE Investimento Imobiliario FOF Integral Brei Semi-Annual Data
Jun20 Jun21 Jun22
Owner Earnings per Share (TTM) 0.00 0.00 0.00

BSP:IBFF11 vs : Owner Earnings per Share (TTM) Comparison

For the REIT - Residential subindustry, Fundo DE Investimento Imobiliario FOF Integral Brei'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.


Fundo DE Investimento Imobiliario FOF Integral Brei Price-to-Owner-Earnings vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario FOF Integral Brei's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario FOF Integral Brei's Price-to-Owner-Earnings falls into.


BSP:IBFF11
36GF Score
Fundo DE Investimento Imobiliario FOF Integral Brei BSP:IBFF11
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario FOF Integral Brei 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)

Fundo DE Investimento Imobiliario FOF Integral Brei does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Fundo DE Investimento Imobiliario FOF Integral Brei Business Description

Industry Real EstateREITs
Comparable Companies
Address Botafogo Beach, 501, 5th Floor, Rio de Janeiro, RJ, BRA, 22250040
Fundo DE Investimento Imobiliario FOF Integral Brei is a real estate investment trust. Its objective is to invest in shares of other real estate investment funds (FII) admitted to trading on organized markets managed by B3 SA - Brasil, Bolsa Balcao (B3), and certificates real estate receivables (CRI); mortgage bills; real estate credit bills; and guaranteed real estate bills.
36GF Score

Get the complete analysis for BSP:IBFF11

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

R$66.40
Price