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Lechwerke AGHAM:LEC 58 Owner Earnings per Share (TTM) is 0.00 as of Dec. 2025. GuruFocus rates HAM:LEC with a GF Score™ of 58/100 and a GF Value™ of €44.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 246 Utilities - Regulated companies, Lechwerke AG ranks worse than 406503.66% 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)."
Lechwerke 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 Lechwerke AG's Owner Earnings per Share (TTM) or its related term are showing as below:
During the past 13 years, the highestPrice-to-Owner-Earnings ratio of Lechwerke AG was 118.30. The lowest was 16.69. And the median was 40.44.
HAM:LEC's Price-to-Owner-Earnings is not ranked *
in the Utilities - Regulated industry.
Industry Median: 15.83 * 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.
Lechwerke AG Owner Earnings per Share (TTM) Related Terms
Lechwerke AG Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Lechwerke 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.
HAM:LEC vs SRE, AES: Owner Earnings per Share (TTM) Comparison
For the Utilities - Diversified subindustry, Lechwerke 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.
Lechwerke AG Price-to-Owner-Earnings vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Lechwerke AG's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Lechwerke 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?
Lechwerke AG (HAM:LEC) 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 Lechwerke AG. Over the past decade, Lechwerke AG's Owner Earnings per Share (TTM) has ranged from 16.69 to 118.30. According to the industry distribution chart, Lechwerke AG ranks #999999 out of 246 companies in the Utilities - Regulated industry.
Is Lechwerke AG's Owner Earnings per Share (TTM) too high?
Lechwerke AG's current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 16.69 to a high of 118.30. Based on the distribution chart, Lechwerke AG ranks #999999 out of 246 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Lechwerke AG has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lechwerke AG's Owner Earnings per Share (TTM) compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Lechwerke AG ranks #999999 out of 246 companies for Owner Earnings per Share (TTM). This places Lechwerke AG in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 15.83. Historically, Lechwerke AG's own Owner Earnings per Share (TTM) has ranged from 16.69 to 118.30 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 an Utilities - Regulated company?
The median Owner Earnings per Share (TTM) among Utilities - Regulated companies is 15.83, based on 246 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 Lechwerke AG. For the Utilities - Regulated industry, the median Owner Earnings per Share (TTM) is 15.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lechwerke 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 Lechwerke AG stock overvalued right now?
Based on GuruFocus' analysis, Lechwerke AG (HAM:LEC) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.99, compared to a current price of €66.50 — trading 47.8% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Lechwerke AG's overall GF Score™ is 58/100 with 6 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 Lechwerke AG (HAM:LEC), 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 Lechwerke AG (HAM:LEC) Overvalued in 2026?
Based on GuruFocus' analysis, Lechwerke AG stock appears to be overvalued.
The current stock price of €66.50 is trading 47.8% above its estimated GF Value™ of €44.99.
GuruFocus considers Lechwerke AG to be Significantly Overvalued.
Key valuation signals for HAM:LEC:
Owner Earnings per Share (TTM): 0.00
GF Value™: €44.99 vs. price of €66.50 (47.8% above fair value)
No single metric tells the full story. See the HAM:LEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.
58GF Score
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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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