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New Universe Environmental GroupHKSE:00436 Owner Earnings per Share (TTM) is 0.01 as of Dec. 2025, which is 100% below its 10-year median of 12.56. The stock has 5 warning signs investors should review. Among 90 Waste Management companies, New Universe Environmental Group ranks better than 82.22% 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)."
New Universe Environmental Group's Owner Earnings per Share (TTM) ended in Dec. 2025 was HK$0.01. It's Price-to-Owner-Earnings ratio for today is 5.5.
The historical rank and industry rank for New Universe Environmental Group's Owner Earnings per Share (TTM) or its related term are showing as below:
HKSE:00436'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.56 Med: 12.56 Max: 315
Current: 6.11
HKSE:00436's Price-to-Owner-Earnings is ranked better than 82.22% of 90
companies
in the Waste Management industry
Industry Median: 20.895
vs HKSE:00436: 6.11
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.
New Universe Environmental Group Owner Earnings per Share (TTM) Related Terms
New Universe Environmental Group Owner Earnings per Share (TTM) Historical Data
* 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.
New Universe Environmental Group Owner Earnings per Share (TTM) Chart
HKSE:00436 vs WM, RSG, WCN: Owner Earnings per Share (TTM) Comparison
For the Waste Management subindustry, New Universe Environmental Group'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.
New Universe Environmental Group Price-to-Owner-Earnings vs Waste Management Industry
For the Waste Management industry and Industrials sector, New Universe Environmental Group's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where New Universe Environmental Group'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)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
New Universe Environmental Group's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2025 was HK$0.0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = HK$29.4 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
New Universe Environmental Group's 5-Year Average Maintenance Capital Expenditure = HK$29.4 Mil
5. "Change In Working Capital" is from cashflow statement. New Universe Environmental Group's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2025 was HK$-7.1 Mil.
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 sometimes it includes non-current parts of assets and liabilities.
* 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.
What does a Owner Earnings per Share (TTM) of 0.01 mean?
New Universe Environmental Group (HKSE:00436) has a Owner Earnings per Share (TTM) of 0.01 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on New Universe Environmental Group. This is 100% below median its historical median of 12.56. Over the past decade, New Universe Environmental Group's Owner Earnings per Share (TTM) has ranged from 5.56 to 315.00. According to the industry distribution chart, New Universe Environmental Group ranks #16 out of 90 companies in the Waste Management industry, placing it in the top 17.8%.
Is New Universe Environmental Group's Owner Earnings per Share (TTM) too high?
New Universe Environmental Group's current Owner Earnings per Share (TTM) of 0.01 is 100% below median its 10-year median of 12.56. Over the past 10 years, this metric has ranged from a low of 5.56 to a high of 315.00. The Waste Management industry median Owner Earnings per Share (TTM) is 20.90. New Universe Environmental Group's value of 0.01 is 100% below this industry median. Based on the distribution chart, New Universe Environmental Group ranks #16 out of 90 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers.
How does New Universe Environmental Group's Owner Earnings per Share (TTM) compare to WM and RSG?
According to the Waste Management industry distribution chart, New Universe Environmental Group ranks #16 out of 90 companies for Owner Earnings per Share (TTM). This places New Universe Environmental Group in the top 18% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 20.90. New Universe Environmental Group's value of 0.01 is 100% below this benchmark. Historically, New Universe Environmental Group's own Owner Earnings per Share (TTM) has ranged from 5.56 to 315.00 over the past decade. While the company's 10-year median is 12.56 vs. the industry median of 20.90, New Universe Environmental Group has consistently been below the industry average. 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 Waste Management company?
The median Owner Earnings per Share (TTM) among Waste Management companies is 20.90, based on 90 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. New Universe Environmental Group's current Owner Earnings per Share (TTM) of 0.01 is 100% below 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 New Universe Environmental Group. For the Waste Management industry, the median Owner Earnings per Share (TTM) is 20.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Universe Environmental Group's current Owner Earnings per Share (TTM) is 0.01, which is 100% below median its own 10-year median of 12.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Universe Environmental Group stock overvalued right now?
Based on GuruFocus' analysis, New Universe Environmental Group (HKSE:00436) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.06 — trading 10% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.01, which is 100% below median its 10-year median of 12.56 and 100% below the Waste Management industry median of 20.90. 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 New Universe Environmental Group (HKSE:00436), the current Owner Earnings per Share (TTM) is 0.01 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.
New Universe Environmental Group Ltd is engaged in services for industrial and medical wastes; provision of environmental plating sewage treatment services and provision of related facilities and utilities in an eco-plating specialized zone (including industrial sewage treatment services, providing related utilities and management services, and providing factory facilities); provision of environmental equipment construction and installation services, investments in plastic materials dyeing operations. The company's segments include: Environmental waste treatment and disposal, which earns the majority of its revenue; Environmental sewage treatment, management services, utilities and facilities Plastic dyeing investments. All of the groups revenue is generated from PRC.
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