GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hire Technologies Inc (OTCPK:HIRRF) » Definitions » Owner Earnings per Share (TTM)

Hire Technologies (Hire Technologies) Owner Earnings per Share (TTM) : (As of Sep. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Hire Technologies Owner Earnings per Share (TTM)?

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)."

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



HIRRF's Price-to-Owner-Earnings is not ranked *
in the Business Services industry.
Industry Median: 12.4
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Hire Technologies's Earnings per Share (Diluted) for the three months ended in Sep. 2022 was $-0.05. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.17. It's PE Ratio ratio for today is At Loss.

Hire Technologies's EPS without NRI for the three months ended in Sep. 2022 was $-0.04. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.16. It's PE Ratio without NRI ratio for today is At Loss.


Hire Technologies Owner Earnings per Share (TTM) Historical Data

The historical data trend for Hire Technologies'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.

* Premium members only.

Hire Technologies Owner Earnings per Share (TTM) Chart

Hire Technologies Annual Data
Trend Mar18 Mar19 Dec20 Dec21
Owner Earnings per Share (TTM)
- - - -

Hire Technologies Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of Hire Technologies's Owner Earnings per Share (TTM)

For the Staffing & Employment Services subindustry, Hire Technologies'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.


Hire Technologies's Price-to-Owner-Earnings Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hire Technologies's Price-to-Owner-Earnings distribution charts can be found below:

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



Hire Technologies 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)

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


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 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.


Hire Technologies Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Hire Technologies's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Hire Technologies (Hire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
55 Adelaide Street East, Suite 400, Toronto, ON, CAN, M5C 1K6
Hire Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms. The company provides cross-selling opportunities, access to proprietary operational tools, and a scalable, centralized back-office system to support growth. The company considers its operations to consist of a single reportable segment. The segment derives its revenue from the provision of recruitment and related HR services to customers. All operations occur in Canada.