GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Asiacell Communications PJSC (IQS:TASC) » Definitions » Owner Earnings per Share (TTM)

Asiacell Communications PJSC (IQS:TASC) Owner Earnings per Share (TTM) : (As of . 20)


View and export this data going back to 2012. Start your Free Trial

What is Asiacell Communications PJSC 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)."

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



IQS:TASC's Price-to-Owner-Earnings is not ranked *
in the Telecommunication Services industry.
Industry Median: 10.77
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Asiacell Communications PJSC's Earnings per Share (Diluted) for the three months ended in . 20 was ع.د0.00. Asiacell Communications PJSC does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in . 20.

Asiacell Communications PJSC's EPS without NRI for the three months ended in . 20 was ع.د0.00. Asiacell Communications PJSC does not have enough years/quarters to calculate its EPS without NRI for the trailing twelve months (TTM) ended in . 20.


Asiacell Communications PJSC Owner Earnings per Share (TTM) Historical Data

The historical data trend for Asiacell Communications PJSC'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.

Asiacell Communications PJSC Owner Earnings per Share (TTM) Chart

Asiacell Communications PJSC Annual Data
Trend
Owner Earnings per Share (TTM)

Asiacell Communications PJSC Quarterly Data
Owner Earnings per Share (TTM)

Competitive Comparison of Asiacell Communications PJSC's Owner Earnings per Share (TTM)

For the Telecom Services subindustry, Asiacell Communications PJSC'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.


Asiacell Communications PJSC's Price-to-Owner-Earnings Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Asiacell Communications PJSC's Price-to-Owner-Earnings distribution charts can be found below:

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



Asiacell Communications PJSC 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)

Asiacell Communications PJSC 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.


Asiacell Communications PJSC Owner Earnings per Share (TTM) Related Terms

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


Asiacell Communications PJSC (IQS:TASC) Business Description

Traded in Other Exchanges
N/A
Address
Bakhtiyari Street, Near Best Inn Hotel, Erbil, IRQ
Asiacell Communications PJSC is a provider of mobile telecommunications services in Iraq. The company offers prepaid and postpaid services to corporate and individual subscribers through a network of distributors across Iraq. It also provides network communication systems, USB modems, and machine-to-machine shared data packages.

Asiacell Communications PJSC (IQS:TASC) Headlines

No Headlines