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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)."
Clean Energy Technologies 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 Clean Energy Technologies's Owner Earnings per Share (TTM) or its related term are showing as below:
During the past 13 years, the highest Price-to-Owner-Earnings ratio of Clean Energy Technologies was 4.91. The lowest was 4.91. And the median was 4.91.
Clean Energy Technologies's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $-0.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.16. It's PE Ratio (TTM) ratio for today is At Loss.
Clean Energy Technologies's EPS without NRI for the three months ended in Sep. 2024 was $-0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.13. It's PE Ratio without NRI ratio for today is At Loss.
The historical data trend for Clean Energy Technologies'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.
Clean Energy Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Owner Earnings per Share (TTM) | Get a 7-Day Free Trial | -0.15 | -0.16 | - | - | - |
Clean Energy Technologies Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Owner Earnings per Share (TTM) | Get a 7-Day Free Trial | - | - | - | - | - |
For the Specialty Industrial Machinery subindustry, Clean Energy Technologies'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.
For the Industrial Products industry and Industrials sector, Clean Energy Technologies's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Clean Energy Technologies's Price-to-Owner-Earnings falls into.
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)
Clean Energy Technologies 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.
Thank you for viewing the detailed overview of Clean Energy Technologies's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.
Kambiz Mahdi | director, 10 percent owner | 2933 CATALPA ST., NEWPORT BEACH CA 92660 |
Calvin Pang | director, 10 percent owner, officer: Chief Financial Officer | C/O LAW OFFICE OF R.J. NEWMAN, SUITE 177, BRIARCLIFF MANOR NY 10510 |
Mgw Investment I Ltd | 10 percent owner | C/O ELIAN FIDUCIARY SERVICES, 190 ELGIN AVENUE, GEROGETOWN E9 KY1-9007 |
Bin Chen | 10 percent owner | 69 NANFU ROAD, SHANGCHENG DISTRICT, SUITE 102, HANGZHOU, F4 310008 |
Xin Huang | 10 percent owner | 69 NANFU ROAD, SHANGCHENG DISTRICT, SUITE 102, HANGZHOU F4 310008 |
Wen Hua | 10 percent owner | 1010 WILSHIRE BLVD, SUITE 113, LOS ANGELES NJ 90017 |
Cybernaut Zfounder Ventures Llc | 10 percent owner | 1010 WILSHIRE BLVD, SUITE 113, LOS ANGELES CA 90017 |
Cyberfuture One Lp | 10 percent owner | 1010 WILSHIRE BLVD, SUITE 113, LOS ANGELES CA 90017 |
Zhejiang Cybernaut Equity Investment Management Co., Ltd. | 10 percent owner | 3850 JIANGNAN RD, CHUANGXIN BUILDING, FLOOR 21, SUITE 2146, BINJIANG DISTRICT, HANGZHOU F4 310000 |
Hangzhou Saizhi Investment Co., Ltd. | 10 percent owner | 69 NANFU ROAD, SHANGCHENG DISTRICT, SUITE 102, HANGZHOU F4 310008 |
Hangzhou Saishenggu Equity Investment Management Co., Ltd. | 10 percent owner | ADMIN OFFICE, XIANGLIFANG VISITOR CENTER, XIANG LAKE RESORT, HANGZHOU F4 310000 |
Luxus Micro Cap, S.a. | 10 percent owner | 15 RUE EDWARD STEICHEN, LUXEMBOURG N4 L-2540 |
Finn-partners, Inc. | 10 percent owner | 303C COLLEGE ROAD EAST, PRINCETON NJ 08540 |
Robert Andrew Young | director | 1140 HIGHLAND AVE., SUITE 131, MANHATTAN BEACH CA 90266 |
Bijan Israel | 10 percent owner | 1113 AMHERST AVE., LOS ANGELES CA 90049 |
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