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Invesco Asia Trust (CHIX:IATL) Owner Earnings per Share (TTM) : 0.00 (As of Apr. 2024)


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What is Invesco Asia Trust 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)."

Invesco Asia Trust 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 Invesco Asia Trust's Owner Earnings per Share (TTM) or its related term are showing as below:



CHIX:IATl's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.96
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Invesco Asia Trust's Earnings per Share (Diluted) for the three months ended in Apr. 2024 was £0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 was £0.00. It's PE Ratio (TTM) ratio for today is N/A.

Invesco Asia Trust's EPS without NRI for the three months ended in Apr. 2024 was £0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2024 was £0.00. It's PE Ratio without NRI ratio for today is N/A.


Invesco Asia Trust Owner Earnings per Share (TTM) Historical Data

The historical data trend for Invesco Asia Trust'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.

* Premium members only.

Invesco Asia Trust Owner Earnings per Share (TTM) Chart

Invesco Asia Trust Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Owner Earnings per Share (TTM)
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Invesco Asia Trust Quarterly Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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Competitive Comparison of Invesco Asia Trust's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Invesco Asia Trust'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.


Invesco Asia Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Asia Trust's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Invesco Asia Trust's Price-to-Owner-Earnings falls into.



Invesco Asia Trust 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)

Invesco Asia Trust 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.


Invesco Asia Trust Owner Earnings per Share (TTM) Related Terms

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Invesco Asia Trust Business Description

Traded in Other Exchanges
Address
Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Asia Trust PLC is a United Kingdom-based investment company. The company looks to provide long-term capital growth by investing in a diversified portfolio of Asian and Australasian companies. Geographically, it has a presence in Australia, China and Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, and Thailand. The company invests in Food, Beverage and Tobacco, Real Estate, Banks, Automobiles and Components, Capital Goods, Insurance, Technology Hardware and Equipment, Utilities and other sectors.

Invesco Asia Trust Headlines

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