Naturland Holding ZrtBUD:NATURLAND 62 Owner Earnings per Share (TTM) is 102.16 as of Dec. 2024, which is 301% above its 10-year median of 25.45. GuruFocus rates BUD:NATURLAND with a GF Score™ of 62/100 and a GF Value™ of Ft2,887.93 (Fairly Valued). The stock has 5 warning signs investors should review. Among 474 Drug Manufacturers companies, Naturland Holding Zrt ranks worse than 55.06% 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)."
Naturland Holding Zrt's Owner Earnings per Share (TTM) ended in Dec. 2024 was Ft102.16. It's Price-to-Owner-Earnings ratio for today is 26.82.
The historical rank and industry rank for Naturland Holding Zrt's Owner Earnings per Share (TTM) or its related term are showing as below:
BUD:NATURLAND'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 24.28 Med: 25.45 Max: 27.8
Current: 27.41
BUD:NATURLAND's Price-to-Owner-Earnings is ranked worse than 55.06% of 474
companies
in the Drug Manufacturers industry
Industry Median: 23.645
vs BUD:NATURLAND: 27.41
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.
Naturland Holding Zrt Owner Earnings per Share (TTM) Related Terms
Naturland Holding Zrt Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Naturland Holding Zrt'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.
Naturland Holding Zrt Owner Earnings per Share (TTM) Chart
BUD:NATURLAND vs ZTS, UTHR, VTRS: Owner Earnings per Share (TTM) Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Naturland Holding Zrt'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.
Naturland Holding Zrt Price-to-Owner-Earnings vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Naturland Holding Zrt's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Naturland Holding Zrt'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.
Naturland Holding Zrt's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2024 was Ft0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = Ft94 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 year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, 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.
Naturland Holding Zrt's 5-Year Average Maintenance Capital Expenditure = Ft94 Mil
5. "Change In Working Capital" is from cashflow statement. Naturland Holding Zrt's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2024 was Ft-144 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 102.16 mean?
Naturland Holding Zrt (BUD:NATURLAND) has a Owner Earnings per Share (TTM) of 102.16 as of Dec. 2024. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Naturland Holding Zrt. This is 301% above median its historical median of 25.45. Over the past decade, Naturland Holding Zrt's Owner Earnings per Share (TTM) has ranged from 24.28 to 27.80. According to the industry distribution chart, Naturland Holding Zrt ranks #261 out of 474 companies in the Drug Manufacturers industry, placing it in the top 55.1%.
Is Naturland Holding Zrt's Owner Earnings per Share (TTM) too high?
Naturland Holding Zrt's current Owner Earnings per Share (TTM) of 102.16 is 301% above median its 10-year median of 25.45. Over the past 10 years, this metric has ranged from a low of 24.28 to a high of 27.80. The Drug Manufacturers industry median Owner Earnings per Share (TTM) is 23.65. Naturland Holding Zrt's value of 102.16 is 332.1% above this industry median. Based on the distribution chart, Naturland Holding Zrt ranks #261 out of 474 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Naturland Holding Zrt has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Naturland Holding Zrt's Owner Earnings per Share (TTM) compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Naturland Holding Zrt ranks #261 out of 474 companies for Owner Earnings per Share (TTM). This places Naturland Holding Zrt in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 23.65. Naturland Holding Zrt's value of 102.16 is 332.1% above this benchmark. Historically, Naturland Holding Zrt's own Owner Earnings per Share (TTM) has ranged from 24.28 to 27.80 over the past decade. While the company's 10-year median is 25.45 vs. the industry median of 23.65, Naturland Holding Zrt has consistently been above 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 Drug Manufacturers company?
The median Owner Earnings per Share (TTM) among Drug Manufacturers companies is 23.65, based on 474 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. Naturland Holding Zrt's current Owner Earnings per Share (TTM) of 102.16 is 332.1% 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 Naturland Holding Zrt. For the Drug Manufacturers industry, the median Owner Earnings per Share (TTM) is 23.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturland Holding Zrt's current Owner Earnings per Share (TTM) is 102.16, which is 301% above median its own 10-year median of 25.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturland Holding Zrt stock overvalued right now?
Based on GuruFocus' analysis, Naturland Holding Zrt (BUD:NATURLAND) is currently considered Fairly Valued. The stock's GF Value™ is Ft2,887.93, compared to a current price of Ft2,740.00 — trading 5.1% below its estimated fair value. The current Owner Earnings per Share (TTM) is 102.16, which is 301% above median its 10-year median of 25.45 and 332.1% above the Drug Manufacturers industry median of 23.65. Naturland Holding Zrt's overall GF Score™ is 62/100 with 5 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 Naturland Holding Zrt (BUD:NATURLAND), the current Owner Earnings per Share (TTM) is 102.16 as of Dec. 2024. 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 Naturland Holding Zrt (BUD:NATURLAND) Overvalued in 2026?
Based on GuruFocus' analysis, Naturland Holding Zrt stock appears to be undervalued.
The current stock price of Ft2,740.00 is trading 5.1% below its estimated GF Value™ of Ft2,887.93.
GuruFocus considers Naturland Holding Zrt to be Fairly Valued.
Key valuation signals for BUD:NATURLAND:
Owner Earnings per Share (TTM): 102.16 (301% above median its 10-year median of 25.45)
GF Value™: Ft2,887.93 vs. price of Ft2,740.00 (5.1% below fair value)
Industry Position: 332.1% above the Drug Manufacturers median (#261 of 474)
No single metric tells the full story. See the BUD:NATURLAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturland Holding Zrt thro9ugh its subsidiaries engage in the production of pharmaceutical products. It engages in the development, production, and wholesale of dietary supplements and cosmetics, herbal medicine, teas, and essential oils. The firm offers tablets, suppositories, ointments, and ophthalmic base solutions.
62GF Score
Get the complete analysis for BUD:NATURLAND
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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