PT Asia Pramulia Tbk (ISX:ASPR) Owner Earnings per Share (TTM): (As of . 20)

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.

What is PT Asia Pramulia Tbk 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)."

PT Asia Pramulia Tbk 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 PT Asia Pramulia Tbk's Owner Earnings per Share (TTM) or its related term are showing as below:



ISX:ASPR's Price-to-Owner-Earnings is not ranked *
in the Packaging & Containers industry.
Industry Median: 12.5
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

PT Asia Pramulia Tbk's Earnings per Share (Diluted) for the six months ended in . 20 was Rp0.00. PT Asia Pramulia Tbk does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in . 20.

PT Asia Pramulia Tbk's EPS without NRI for the six months ended in . 20 was Rp0.00. PT Asia Pramulia Tbk does not have enough years/quarters to calculate its EPS without NRI for the trailing twelve months (TTM) ended in . 20.


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.


PT Asia Pramulia Tbk Owner Earnings per Share (TTM) Related Terms


PT Asia Pramulia Tbk Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for PT Asia Pramulia Tbk'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.

PT Asia Pramulia Tbk Owner Earnings per Share (TTM) Chart

PT Asia Pramulia Tbk Annual Data
Trend
Owner Earnings per Share (TTM)

PT Asia Pramulia Tbk Semi-Annual Data
Owner Earnings per Share (TTM)

ISX:ASPR vs SW, PKG, IP: Owner Earnings per Share (TTM) Comparison

For the Packaging & Containers subindustry, PT Asia Pramulia Tbk'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.


PT Asia Pramulia Tbk Price-to-Owner-Earnings vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Asia Pramulia Tbk's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where PT Asia Pramulia Tbk's Price-to-Owner-Earnings falls into.



PT Asia Pramulia Tbk 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)

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


PT Asia Pramulia Tbk Business Description

Address Jalan Raya Kedung Asem No. 9, Kel. Kedung Baruk, Kec. Rungkut, Kota Surabaya, Jawa Timur, Surabaya, IDN, 60298
PT Asia Pramulia Tbk carries out its business activities by producing rigid plastic packaging through the Injection Molding and Stretch Blow Molding processes. Its products mainly include bottles for beverages, palm oil bottles, cosmetic packaging, pharmaceutical packaging, chemical packaging, pails for paint, jerrycans for palm oil and chemicals, jars for food, petcan, gallons for drinking water, and others. The company's operating segments are: Beverages packaging, Food packaging, Paint packaging, and Other packaging. The majority of its revenue is derived from the Beverages packaging segment.