Frontier (FSE:4250) Owner Earnings per Share (TTM): 69.59 (As of Nov. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSE:4250 Frontier Inc FSE:4250
56 GF Score
Price 円544.00
GF Value 円412.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Frontier Owner Earnings per Share (TTM)?

Frontier FSE:4250 56 Owner Earnings per Share (TTM) is 69.59 as of Nov. 2025. GuruFocus rates FSE:4250 with a GF Score™ of 56/100 and a GF Value™ of 円412.42 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 685 Vehicles & Parts companies, Frontier ranks better than 68.32% on this metric.

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)."

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

FSE:4250' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 2.04   Med: 8.81   Max: 158.82
Current: 7.85


During the past 10 years, the highest Price-to-Owner-Earnings ratio of Frontier was 158.82. The lowest was 2.04. And the median was 8.81.


FSE:4250's Price-to-Owner-Earnings is ranked better than
68.32% of 685 companies
in the Vehicles & Parts industry
Industry Median: 14.65 vs FSE:4250: 7.85

Frontier's Earnings per Share (Diluted) for the three months ended in May. 2026 was 円16.97. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was 円51.44. It's PE Ratio (TTM) ratio for today is 10.58.

Frontier's EPS without NRI for the three months ended in May. 2026 was 円16.97. Its EPS without NRI for the trailing twelve months (TTM) ended in May. 2026 was 円51.44. It's PE Ratio without NRI ratio for today is 10.58.


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 FactSet. 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.


Frontier Owner Earnings per Share (TTM) Related Terms


Frontier Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Frontier'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.

Frontier Owner Earnings per Share (TTM) Chart

Frontier Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.69 -17.70 12.14 117.33 72.63

Frontier Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

FSE:4250 vs ORLY, AZO, GPC: Owner Earnings per Share (TTM) Comparison

For the Auto Parts subindustry, Frontier'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.


Frontier Price-to-Owner-Earnings vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Frontier's Price-to-Owner-Earnings distribution charts can be found below:

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


FSE:4250
56GF Score
Frontier Inc FSE:4250
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier 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)

Frontier does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

What does a Owner Earnings per Share (TTM) of 69.59 mean?
Frontier (FSE:4250) has a Owner Earnings per Share (TTM) of 69.59 as of Nov. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Frontier. According to the industry distribution chart, Frontier ranks #217 out of 685 companies in the Vehicles & Parts industry, placing it in the top 31.7%.
Is Frontier's Owner Earnings per Share (TTM) too high?
Frontier's current Owner Earnings per Share (TTM) is 69.59. The Vehicles & Parts industry median Owner Earnings per Share (TTM) is 14.65. Frontier's value of 69.59 is 375% above this industry median. Based on the distribution chart, Frontier ranks #217 out of 685 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Frontier has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier's Owner Earnings per Share (TTM) compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Frontier ranks #217 out of 685 companies for Owner Earnings per Share (TTM). This puts Frontier in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 14.65. Frontier's value of 69.59 is 375% above this benchmark. 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 Vehicles & Parts company?
The median Owner Earnings per Share (TTM) among Vehicles & Parts companies is 14.65, based on 685 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. Frontier's current Owner Earnings per Share (TTM) of 69.59 is 375% above 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 Frontier. For the Vehicles & Parts industry, the median Owner Earnings per Share (TTM) is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier's current Owner Earnings per Share (TTM) is 69.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier stock overvalued right now?
Based on GuruFocus' analysis, Frontier (FSE:4250) is currently considered Significantly Overvalued. The stock's GF Value™ is 円412.42, compared to a current price of 円544.00 — trading 31.9% above its estimated fair value. The current Owner Earnings per Share (TTM) is 69.59 and 375% above the Vehicles & Parts industry median of 14.65. Frontier's overall GF Score™ is 56/100 with 4 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 Frontier (FSE:4250), the current Owner Earnings per Share (TTM) is 69.59 as of Nov. 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 Frontier (FSE:4250) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier stock appears to be overvalued. The current stock price of 円544.00 is trading 31.9% above its estimated GF Value™ of 円412.42. GuruFocus considers Frontier to be Significantly Overvalued.

Key valuation signals for FSE:4250:

  • Owner Earnings per Share (TTM): 69.59
  • GF Value™: 円412.42 vs. price of 円544.00 (31.9% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 375% above the Vehicles & Parts median (#217 of 685)

No single metric tells the full story. See the FSE:4250 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontier Business Description

Address 134-5 Kushigahama, Yamaguchi-ken, Shunan, JPN, 745-0805
Frontier Inc is engaged in manufacturing of vehicle accessories like side visor, car mat. The two reportable segments are: PB sales business and OEM/ODM business.
56GF Score

Get the complete analysis for FSE:4250

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円544.00
Price
円412.42
GF Value