Bactiguard Holding AB (CHIX:BACTBS) Owner Earnings per Share (TTM): 2.56 (As of Jun. 2026) — 98% Below Median

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CHIX:BACTBS Bactiguard Holding AB CHIX:BACTBS
61 GF Score
Price kr128.60
GF Value kr243.41
! 2 Warning Signs
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What is Bactiguard Holding AB Owner Earnings per Share (TTM)?

Bactiguard Holding AB CHIX:BACTBS 61 Owner Earnings per Share (TTM) is 2.56 as of Jun. 2026, which is 98% below its 10-year median of 103.29. GuruFocus rates CHIX:BACTBS with a GF Score™ of 61/100 and a GF Value™ of kr243.41. The stock has 2 warning signs investors should review. Among 308 Medical Devices & Instruments companies, Bactiguard Holding AB ranks worse than 77.27% 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)."

Bactiguard Holding AB's Owner Earnings per Share (TTM) ended in Jun. 2026 was kr2.56. It's Price-to-Owner-Earnings ratio for today is 50.23.


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

CHIX:BACTBs' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 27.67   Med: 103.29   Max: 6150
Current: 50.32


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Bactiguard Holding AB was 6150.00. The lowest was 27.67. And the median was 103.29.


CHIX:BACTBs's Price-to-Owner-Earnings is ranked worse than
77.27% of 308 companies
in the Medical Devices & Instruments industry
Industry Median: 24.71 vs CHIX:BACTBs: 50.32

Bactiguard Holding AB's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was kr-0.23. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr-0.24. It's PE Ratio (TTM) ratio for today is At Loss.

Bactiguard Holding AB's EPS without NRI for the three months ended in Jun. 2026 was kr-0.23. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was kr-0.24. It's PE Ratio without NRI ratio for today is At Loss.


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.


Bactiguard Holding AB Owner Earnings per Share (TTM) Related Terms


Bactiguard Holding AB Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Bactiguard Holding AB'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.

Bactiguard Holding AB Owner Earnings per Share (TTM) Chart

Bactiguard Holding AB 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 0.16 0.10 -3.56 2.58 0.12

Bactiguard Holding AB 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 2.43 1.38 0.12 0.02 2.58

CHIX:BACTBS vs ABT, SYK, MDT: Owner Earnings per Share (TTM) Comparison

For the Medical Devices subindustry, Bactiguard Holding AB'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.


Bactiguard Holding AB Price-to-Owner-Earnings vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Bactiguard Holding AB's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Bactiguard Holding AB's Price-to-Owner-Earnings falls into.


CHIX:BACTBS
61GF Score
Bactiguard Holding AB CHIX:BACTBS
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bactiguard Holding AB 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)

Bactiguard Holding AB's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income -8.8
Depreciation, Depletion and Amortization 44.1
Change In Deferred Tax 0.0
5Y Average of Maintenance Capital Expenditure 7.9
Change In Working Capital -16.4
Shares Outstanding (Diluted Average) 35.0

1. Start with "Net Income" from income statement. Bactiguard Holding AB's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was kr-8.8 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Bactiguard Holding AB's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was kr44.1 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. Bactiguard Holding AB's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was kr0.0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = kr7.9 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.

Bactiguard Holding AB's 5-Year Average Maintenance Capital Expenditure = kr7.9 Mil

5. "Change In Working Capital" is from cashflow statement. Bactiguard Holding AB's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was kr-16.4 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. Bactiguard Holding AB's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 35.044 Mil.

Bactiguard Holding AB'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
=( -8.76 +44.148+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-7.877795788103+-16.387)/35.044
=2.56

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=128.60/2.56
=50.23

* 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 2.56 mean?
Bactiguard Holding AB (CHIX:BACTBS) has a Owner Earnings per Share (TTM) of 2.56 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Bactiguard Holding AB. This is 98% below median its historical median of 103.29. Over the past decade, Bactiguard Holding AB's Owner Earnings per Share (TTM) has ranged from 27.67 to 6,150.00. According to the industry distribution chart, Bactiguard Holding AB ranks #238 out of 308 companies in the Medical Devices & Instruments industry, placing it in the top 77.3%.
Is Bactiguard Holding AB's Owner Earnings per Share (TTM) too high?
Bactiguard Holding AB's current Owner Earnings per Share (TTM) of 2.56 is 98% below median its 10-year median of 103.29. Over the past 10 years, this metric has ranged from a low of 27.67 to a high of 6,150.00. The Medical Devices & Instruments industry median Owner Earnings per Share (TTM) is 24.71. Bactiguard Holding AB's value of 2.56 is 89.6% below this industry median. Based on the distribution chart, Bactiguard Holding AB ranks #238 out of 308 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Bactiguard Holding AB has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Bactiguard Holding AB's Owner Earnings per Share (TTM) compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Bactiguard Holding AB ranks #238 out of 308 companies for Owner Earnings per Share (TTM). This places Bactiguard Holding AB in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 24.71. Bactiguard Holding AB's value of 2.56 is 89.6% below this benchmark. Historically, Bactiguard Holding AB's own Owner Earnings per Share (TTM) has ranged from 27.67 to 6,150.00 over the past decade. While the company's 10-year median is 103.29 vs. the industry median of 24.71, Bactiguard Holding AB 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 Medical Devices & Instruments company?
The median Owner Earnings per Share (TTM) among Medical Devices & Instruments companies is 24.71, based on 308 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. Bactiguard Holding AB's current Owner Earnings per Share (TTM) of 2.56 is 89.6% 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 Bactiguard Holding AB. For the Medical Devices & Instruments industry, the median Owner Earnings per Share (TTM) is 24.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bactiguard Holding AB's current Owner Earnings per Share (TTM) is 2.56, which is 98% below median its own 10-year median of 103.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bactiguard Holding AB stock overvalued right now?
Bactiguard Holding AB (CHIX:BACTBS) has a current Owner Earnings per Share (TTM) of 2.56. The stock's GF Value™ is kr243.41, compared to a current price of kr128.60 — trading 47.2% below its estimated fair value. The current Owner Earnings per Share (TTM) is 2.56, which is 98% below median its 10-year median of 103.29 and 89.6% below the Medical Devices & Instruments industry median of 24.71. Bactiguard Holding AB's overall GF Score™ is 61/100 with 2 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 Bactiguard Holding AB (CHIX:BACTBS), the current Owner Earnings per Share (TTM) is 2.56 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 Bactiguard Holding AB (CHIX:BACTBS) Overvalued in 2026?

Based on GuruFocus' analysis, Bactiguard Holding AB stock appears to be undervalued. The current stock price of kr128.60 is trading 47.2% below its estimated GF Value™ of kr243.41.

Key valuation signals for CHIX:BACTBS:

  • Owner Earnings per Share (TTM): 2.56 (98% below median its 10-year median of 103.29)
  • GF Value™: kr243.41 vs. price of kr128.60 (47.2% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 89.6% below the Medical Devices & Instruments median (#238 of 308)

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


Bactiguard Holding AB Business Description

Other Exchanges BACTI B:Sweden5JE:Germany
Address Vasagatan 11, Stockholm, SWE, 111 20
Bactiguard Holding AB is a medical device company. It is engaged in a MedTech company developing safe and biocompatible technology to prevent medical device-related infections. The technology is based on an ultra-thin noble metal coating that prevents bacterial adhesion and biofilm formation on medical devices. The company focuses on five strategic therapeutic areas wherein infection rates create high medical needs for infection prevention. These areas include Orthopedics, Cardiology, Neurology, Urology, and Vascular Access. Geographically, the company operates in the USA, Malaysia, China, Saudi Arabia, Bangladesh, Sweden, the Czech Republic, and Other countries. The majority of its revenue is generated from the USA region.
61GF Score

Get the complete analysis for CHIX:BACTBS

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

kr128.60
Price
kr243.41
GF Value