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Birkenstock Holding (FRA:7PV) Owner Earnings per Share (TTM) : (As of Dec. 2023)


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What is Birkenstock Holding 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)."

Birkenstock Holding 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 Birkenstock Holding's Owner Earnings per Share (TTM) or its related term are showing as below:



FRA:7PV's Price-to-Owner-Earnings is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 11.6
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Birkenstock Holding's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was €-0.04. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.41. It's PE Ratio ratio for today is 108.82.

Birkenstock Holding's EPS without NRI for the three months ended in Dec. 2023 was €0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was €0.39. It's PE Ratio without NRI ratio for today is 114.14.


Birkenstock Holding Owner Earnings per Share (TTM) Historical Data

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Owner Earnings per Share (TTM) Chart

Birkenstock Holding Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Owner Earnings per Share (TTM)
- - - -

Birkenstock Holding Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Birkenstock Holding's Owner Earnings per Share (TTM)

For the Footwear & Accessories subindustry, Birkenstock Holding'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.


Birkenstock Holding's Price-to-Owner-Earnings Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Price-to-Owner-Earnings distribution charts can be found below:

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



Birkenstock Holding 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)

Birkenstock Holding 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.


Birkenstock Holding Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Birkenstock Holding's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Birkenstock Holding (FRA:7PV) Business Description

Traded in Other Exchanges
Address
1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (FRA:7PV) Headlines

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