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"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)."
Tokyu Construction Co 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 Tokyu Construction Co's Owner Earnings per Share (TTM) or its related term are showing as below:
FRA:TCW's Price-to-Owner-Earnings is not ranked *
in the Construction industry.
Industry Median: 13.83 * 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.
Tokyu Construction Co Owner Earnings per Share (TTM) Related Terms
Tokyu Construction Co Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Tokyu Construction Co'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.
Tokyu Construction Co Owner Earnings per Share (TTM) Chart
FRA:TCW vs PWR, FIX, EME: Owner Earnings per Share (TTM) Comparison
For the Engineering & Construction subindustry, Tokyu Construction 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.
Tokyu Construction Co Price-to-Owner-Earnings vs Construction Industry
For the Construction industry and Industrials sector, Tokyu Construction Co's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Tokyu Construction Co'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?
Tokyu Construction Co (FRA:TCW) has a Owner Earnings per Share (TTM) of 0.00 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Tokyu Construction Co. Over the past decade, Tokyu Construction Co's Owner Earnings per Share (TTM) has ranged from 6.09 to 6.46. According to the industry distribution chart, Tokyu Construction Co ranks #999999 out of 811 companies in the Construction industry.
Is Tokyu Construction Co's Owner Earnings per Share (TTM) too high?
Tokyu Construction Co's current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 6.09 to a high of 6.46. Based on the distribution chart, Tokyu Construction Co ranks #999999 out of 811 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Tokyu Construction Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Tokyu Construction Co's Owner Earnings per Share (TTM) compare to PWR and FIX?
According to the Construction industry distribution chart, Tokyu Construction Co ranks #999999 out of 811 companies for Owner Earnings per Share (TTM). This places Tokyu Construction Co in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 13.83. Historically, Tokyu Construction Co's own Owner Earnings per Share (TTM) has ranged from 6.09 to 6.46 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 Construction company?
The median Owner Earnings per Share (TTM) among Construction companies is 13.83, based on 811 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 Tokyu Construction Co. For the Construction industry, the median Owner Earnings per Share (TTM) is 13.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyu Construction Co'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 Tokyu Construction Co stock overvalued right now?
Tokyu Construction Co (FRA:TCW) has a current Owner Earnings per Share (TTM) of 0.00. The stock's GF Value™ is €5.10, compared to a current price of €6.10 — trading 19.6% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Tokyu Construction Co's overall GF Score™ is 72/100 with 1 warning sign 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 Tokyu Construction Co (FRA:TCW), the current Owner Earnings per Share (TTM) is 0.00 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 Tokyu Construction Co (FRA:TCW) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyu Construction Co stock appears to be overvalued.
The current stock price of €6.10 is trading 19.6% above its estimated GF Value™ of €5.10.
Key valuation signals for FRA:TCW:
Owner Earnings per Share (TTM): 0.00
GF Value™: €5.10 vs. price of €6.10 (19.6% above fair value)
No single metric tells the full story. See the FRA:TCW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyu Construction Co Ltd is a Japan-based company that provides various construction-related services. The company's services include civil engineering and building construction, investigation, construction planning, geological surveying, consultancy services, measurement, designing, building maintenance and supervision, real estate leasing, and worker dispatching. Its construction activities encompass educational facilities, offices, hotels, commercial facilities, environmental improvement facilities, care facilities, hospitals, logistics facilities, factories, roads, sports facilities, airports, and so on.
72GF Score
Get the complete analysis for FRA:TCW
Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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