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COSCO SHIPPING International (Hong Kong) CoFRA:CSB +0.82%73 Owner Earnings per Share (TTM) is 0.06 as of Dec. 2025, which is 100% below its 10-year median of 12.58. GuruFocus rates FRA:CSB with a GF Score™ of 73/100 and a GF Value™ of €0.47 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 547 Transportation companies, COSCO SHIPPING International (Hong Kong) Co ranks better than 59.05% 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)."
COSCO SHIPPING International (Hong Kong) Co's Owner Earnings per Share (TTM) ended in Dec. 2025 was €0.06. It's Price-to-Owner-Earnings ratio for today is 10.25.
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.
COSCO SHIPPING International (Hong Kong) Co Owner Earnings per Share (TTM) Related Terms
COSCO SHIPPING International (Hong Kong) Co Owner Earnings per Share (TTM) Historical Data
* 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.
COSCO SHIPPING International (Hong Kong) Co Owner Earnings per Share (TTM) Chart
COSCO SHIPPING International (Hong Kong) Co Annual Data
COSCO SHIPPING International (Hong Kong) Co Owner Earnings per Share (TTM) Competitor Comparison
For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) Co'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.
COSCO SHIPPING International (Hong Kong) Co Price-to-Owner-Earnings vs Transportation Industry
"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.
COSCO SHIPPING International (Hong Kong) Co's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2025 was €0.0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = €1.5 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.
COSCO SHIPPING International (Hong Kong) Co's 5-Year Average Maintenance Capital Expenditure = €1.5 Mil
5. "Change In Working Capital" is from cashflow statement. COSCO SHIPPING International (Hong Kong) Co's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2025 was €4.0 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 0.06 mean?
COSCO SHIPPING International (Hong Kong) Co (FRA:CSB) has a Owner Earnings per Share (TTM) of 0.06 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on COSCO SHIPPING International (Hong Kong) Co. This is 100% below median its historical median of 12.58. Over the past decade, COSCO SHIPPING International (Hong Kong) Co's Owner Earnings per Share (TTM) has ranged from 4.84 to 40.76. According to the industry distribution chart, COSCO SHIPPING International (Hong Kong) Co ranks #224 out of 547 companies in the Transportation industry, placing it in the top 41%.
Is COSCO SHIPPING International (Hong Kong) Co's Owner Earnings per Share (TTM) too high?
COSCO SHIPPING International (Hong Kong) Co's current Owner Earnings per Share (TTM) of 0.06 is 100% below median its 10-year median of 12.58. Over the past 10 years, this metric has ranged from a low of 4.84 to a high of 40.76. The Transportation industry median Owner Earnings per Share (TTM) is 13.04. COSCO SHIPPING International (Hong Kong) Co's value of 0.06 is 99.5% below this industry median. Based on the distribution chart, COSCO SHIPPING International (Hong Kong) Co ranks #224 out of 547 companies in the Transportation industry, which is above the industry midpoint. Overall, COSCO SHIPPING International (Hong Kong) Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING International (Hong Kong) Co's Owner Earnings per Share (TTM) compare to competitors?
According to the Transportation industry distribution chart, COSCO SHIPPING International (Hong Kong) Co ranks #224 out of 547 companies for Owner Earnings per Share (TTM). This puts COSCO SHIPPING International (Hong Kong) Co in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 13.04. COSCO SHIPPING International (Hong Kong) Co's value of 0.06 is 99.5% below this benchmark. Historically, COSCO SHIPPING International (Hong Kong) Co's own Owner Earnings per Share (TTM) has ranged from 4.84 to 40.76 over the past decade. While the company's 10-year median is 12.58 vs. the industry median of 13.04, COSCO SHIPPING International (Hong Kong) Co 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 Transportation company?
The median Owner Earnings per Share (TTM) among Transportation companies is 13.04, based on 547 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. COSCO SHIPPING International (Hong Kong) Co's current Owner Earnings per Share (TTM) of 0.06 is 99.5% 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 COSCO SHIPPING International (Hong Kong) Co. For the Transportation industry, the median Owner Earnings per Share (TTM) is 13.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. COSCO SHIPPING International (Hong Kong) Co's current Owner Earnings per Share (TTM) is 0.06, which is 100% below median its own 10-year median of 12.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING International (Hong Kong) Co stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING International (Hong Kong) Co (FRA:CSB) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.47, compared to a current price of €0.62 — trading 30.9% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.06, which is 100% below median its 10-year median of 12.58 and 99.5% below the Transportation industry median of 13.04. COSCO SHIPPING International (Hong Kong) Co's overall GF Score™ is 73/100 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 COSCO SHIPPING International (Hong Kong) Co (FRA:CSB), the current Owner Earnings per Share (TTM) is 0.06 as of Dec. 2025. 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 COSCO SHIPPING International (Hong Kong) Co (FRA:CSB) Overvalued in 2026?
Based on GuruFocus' analysis, COSCO SHIPPING International (Hong Kong) Co stock appears to be overvalued.
The current stock price of €0.62 is trading 30.9% above its estimated GF Value™ of €0.47.
GuruFocus considers COSCO SHIPPING International (Hong Kong) Co to be Significantly Overvalued.
Key valuation signals for FRA:CSB:
Owner Earnings per Share (TTM): 0.06 (100% below median its 10-year median of 12.58)
GF Value™: €0.47 vs. price of €0.62 (30.9% above fair value)
Industry Position: 99.5% below the Transportation median (#224 of 547)
No single metric tells the full story. See the FRA:CSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
COSCO SHIPPING International (Hong Kong) Co Business Description
COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Intelligent shipping services and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts that includes trading and supply of marine equipment and spare parts, and holding of investments in joint ventures. The company has a business network in Mainland China, Hong Kong and other countries.
73GF Score
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