KST Beteiligungs AGFRA:KSW 44 Owner Earnings per Share (TTM) is 0.00 as of Dec. 2025. GuruFocus rates FRA:KSW with a GF Score™ of 44/100 and a GF Value™ of €0.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 296 Conglomerates companies, KST Beteiligungs AG ranks worse than 337837.5% 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)."
KST Beteiligungs AG 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 KST Beteiligungs AG's Owner Earnings per Share (TTM) or its related term are showing as below:
FRA:KSW's Price-to-Owner-Earnings is not ranked *
in the Conglomerates industry.
Industry Median: 11.29 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
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.
KST Beteiligungs AG Owner Earnings per Share (TTM) Related Terms
KST Beteiligungs AG Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for KST Beteiligungs AG'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.
KST Beteiligungs AG Owner Earnings per Share (TTM) Chart
FRA:KSW vs HON, MMM: Owner Earnings per Share (TTM) Comparison
For the Conglomerates subindustry, KST Beteiligungs AG'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.
KST Beteiligungs AG Price-to-Owner-Earnings vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, KST Beteiligungs AG's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where KST Beteiligungs AG's Price-to-Owner-Earnings falls into.
"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)."
What does a Owner Earnings per Share (TTM) of 0.00 mean?
KST Beteiligungs AG (FRA:KSW) has a Owner Earnings per Share (TTM) of 0.00 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on KST Beteiligungs AG. Over the past decade, KST Beteiligungs AG's Owner Earnings per Share (TTM) has ranged from 6.06 to 30.83. According to the industry distribution chart, KST Beteiligungs AG ranks #999999 out of 296 companies in the Conglomerates industry.
Is KST Beteiligungs AG's Owner Earnings per Share (TTM) too high?
KST Beteiligungs AG's current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 30.83. Based on the distribution chart, KST Beteiligungs AG ranks #999999 out of 296 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, KST Beteiligungs AG has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KST Beteiligungs AG's Owner Earnings per Share (TTM) compare to HON and MMM?
According to the Conglomerates industry distribution chart, KST Beteiligungs AG ranks #999999 out of 296 companies for Owner Earnings per Share (TTM). This places KST Beteiligungs AG in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 11.29. Historically, KST Beteiligungs AG's own Owner Earnings per Share (TTM) has ranged from 6.06 to 30.83 over the past decade. 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 Conglomerates company?
The median Owner Earnings per Share (TTM) among Conglomerates companies is 11.29, based on 296 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. 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 KST Beteiligungs AG. For the Conglomerates industry, the median Owner Earnings per Share (TTM) is 11.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KST Beteiligungs AG's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KST Beteiligungs AG stock overvalued right now?
Based on GuruFocus' analysis, KST Beteiligungs AG (FRA:KSW) is currently considered Fairly Valued. The stock's GF Value™ is €0.94, compared to a current price of €0.89 — trading 5.3% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. KST Beteiligungs AG's overall GF Score™ is 44/100 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 KST Beteiligungs AG (FRA:KSW), the current Owner Earnings per Share (TTM) is 0.00 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 KST Beteiligungs AG (FRA:KSW) Overvalued in 2026?
Based on GuruFocus' analysis, KST Beteiligungs AG stock appears to be undervalued.
The current stock price of €0.89 is trading 5.3% below its estimated GF Value™ of €0.94.
GuruFocus considers KST Beteiligungs AG to be Fairly Valued.
Key valuation signals for FRA:KSW:
Owner Earnings per Share (TTM): 0.00
GF Value™: €0.94 vs. price of €0.89 (5.3% below fair value)
No single metric tells the full story. See the FRA:KSW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KST Beteiligungs AG invests across industries in listed companies in Germany, it focuses on small and mid caps. It acquires investments with long-term goals and assists its clients active throughout the investment period.
44GF Score
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