PT Lautan Luas Tbk (ISX:LTLS) Owner Earnings per Share (TTM): 72.78 (As of Mar. 2026) — 589% Above Median

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ISX:LTLS PT Lautan Luas Tbk ISX:LTLS
62 GF Score
Price Rp765.00
GF Value Rp1,220.25
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is PT Lautan Luas Tbk Owner Earnings per Share (TTM)?

PT Lautan Luas Tbk ISX:LTLS -1.29% 62 Owner Earnings per Share (TTM) is 72.78 as of Mar. 2026, which is 589% above its 10-year median of 10.57. GuruFocus rates ISX:LTLS with a GF Score™ of 62/100 and a GF Value™ of Rp1,220.25 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 711 Chemicals companies, PT Lautan Luas Tbk ranks better than 71.73% on this metric.

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 Lautan Luas Tbk's Owner Earnings per Share (TTM) ended in Mar. 2026 was Rp72.78. It's Price-to-Owner-Earnings ratio for today is 10.51.


The historical rank and industry rank for PT Lautan Luas Tbk's Owner Earnings per Share (TTM) or its related term are showing as below:

ISX:LTLS' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 4.22   Med: 10.57   Max: 80.52
Current: 10.51


During the past 13 years, the highest Price-to-Owner-Earnings ratio of PT Lautan Luas Tbk was 80.52. The lowest was 4.22. And the median was 10.57.


ISX:LTLS's Price-to-Owner-Earnings is ranked better than
71.73% of 711 companies
in the Chemicals industry
Industry Median: 19.28 vs ISX:LTLS: 10.51

PT Lautan Luas Tbk's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was Rp25.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was Rp98.00. It's PE Ratio (TTM) ratio for today is 7.81.

PT Lautan Luas Tbk's EPS without NRI for the three months ended in Mar. 2026 was Rp24.48. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was Rp118.63. It's PE Ratio without NRI ratio for today is 6.45.


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 Lautan Luas Tbk Owner Earnings per Share (TTM) Related Terms


PT Lautan Luas Tbk Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for PT Lautan Luas 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 Lautan Luas Tbk Owner Earnings per Share (TTM) Chart

PT Lautan Luas Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.73 169.77 76.68 120.39 76.26

PT Lautan Luas Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 86.88 79.57 77.55 76.26 72.78

ISX:LTLS vs LIN, SHW, ECL: Owner Earnings per Share (TTM) Comparison

For the Specialty Chemicals subindustry, PT Lautan Luas 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 Lautan Luas Tbk Price-to-Owner-Earnings vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Lautan Luas Tbk's Price-to-Owner-Earnings distribution charts can be found below:

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


ISX:LTLS
62GF Score
PT Lautan Luas Tbk ISX:LTLS
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Lautan Luas 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 Lautan Luas Tbk's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 147,790
Depreciation, Depletion and Amortization 53,806
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 92,062
Change In Working Capital 0
Shares Outstanding (Diluted Average) 1,505

1. Start with "Net Income" from income statement. PT Lautan Luas Tbk's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was Rp147,790 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. PT Lautan Luas Tbk's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was Rp53,806 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

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. PT Lautan Luas Tbk's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was Rp0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = Rp92,062 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 quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, 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.

PT Lautan Luas Tbk's 5-Year Average Maintenance Capital Expenditure = Rp92,062 Mil

5. "Change In Working Capital" is from cashflow statement. PT Lautan Luas Tbk's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was Rp0 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.

6. PT Lautan Luas Tbk's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 1505.087 Mil.

PT Lautan Luas Tbk's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 147790 +53806+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-92061.56566789+0)/1505.087
=72.78

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=765.00/72.78
=10.51

* 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 72.78 mean?
PT Lautan Luas Tbk (ISX:LTLS) has a Owner Earnings per Share (TTM) of 72.78 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on PT Lautan Luas Tbk. This is 589% above median its historical median of 10.57. Over the past decade, PT Lautan Luas Tbk's Owner Earnings per Share (TTM) has ranged from 4.22 to 80.52. According to the industry distribution chart, PT Lautan Luas Tbk ranks #201 out of 711 companies in the Chemicals industry, placing it in the top 28.3%.
Is PT Lautan Luas Tbk's Owner Earnings per Share (TTM) too high?
PT Lautan Luas Tbk's current Owner Earnings per Share (TTM) of 72.78 is 589% above median its 10-year median of 10.57. Over the past 10 years, this metric has ranged from a low of 4.22 to a high of 80.52. The Chemicals industry median Owner Earnings per Share (TTM) is 19.28. PT Lautan Luas Tbk's value of 72.78 is 277.5% above this industry median. Based on the distribution chart, PT Lautan Luas Tbk ranks #201 out of 711 companies in the Chemicals industry, which is above the industry midpoint. Overall, PT Lautan Luas Tbk has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Lautan Luas Tbk's Owner Earnings per Share (TTM) compare to LIN and SHW?
According to the Chemicals industry distribution chart, PT Lautan Luas Tbk ranks #201 out of 711 companies for Owner Earnings per Share (TTM). This puts PT Lautan Luas Tbk in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 19.28. PT Lautan Luas Tbk's value of 72.78 is 277.5% above this benchmark. Historically, PT Lautan Luas Tbk's own Owner Earnings per Share (TTM) has ranged from 4.22 to 80.52 over the past decade. While the company's 10-year median is 10.57 vs. the industry median of 19.28, PT Lautan Luas Tbk has consistently been above 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 Chemicals company?
The median Owner Earnings per Share (TTM) among Chemicals companies is 19.28, based on 711 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. PT Lautan Luas Tbk's current Owner Earnings per Share (TTM) of 72.78 is 277.5% above 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 PT Lautan Luas Tbk. For the Chemicals industry, the median Owner Earnings per Share (TTM) is 19.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Lautan Luas Tbk's current Owner Earnings per Share (TTM) is 72.78, which is 589% above median its own 10-year median of 10.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Lautan Luas Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Lautan Luas Tbk (ISX:LTLS) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,220.25, compared to a current price of Rp765.00 — trading 37.3% below its estimated fair value. The current Owner Earnings per Share (TTM) is 72.78, which is 589% above median its 10-year median of 10.57 and 277.5% above the Chemicals industry median of 19.28. PT Lautan Luas Tbk's overall GF Score™ is 62/100 with 4 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 PT Lautan Luas Tbk (ISX:LTLS), the current Owner Earnings per Share (TTM) is 72.78 as of Mar. 2026. 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 PT Lautan Luas Tbk (ISX:LTLS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Lautan Luas Tbk stock appears to be undervalued. The current stock price of Rp765.00 is trading 37.3% below its estimated GF Value™ of Rp1,220.25. GuruFocus considers PT Lautan Luas Tbk to be Significantly Undervalued.

Key valuation signals for ISX:LTLS:

  • Owner Earnings per Share (TTM): 72.78 (589% above median its 10-year median of 10.57)
  • GF Value™: Rp1,220.25 vs. price of Rp765.00 (37.3% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 277.5% above the Chemicals median (#201 of 711)

No single metric tells the full story. See the ISX:LTLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Lautan Luas Tbk Business Description

Address Jl. AIP II K.S. Tubun Raya No. 77, Graha Indramas, Jakarta, IDN, 11410
PT Lautan Luas Tbk deals in the manufacturing and distribution of basic and specialty chemicals. It provides services and solutions for corporate customers as well as offers logistics and supply chain, water treatment, and information technology solutions. The company operates in three business segments: Distribution, Manufacturing, and Services. The Distribution segment offers a variety of services and solutions to industries, which also contribute to a portion of the company's revenue. The Manufacturing segment consists of the production of chemicals and other products from its multiple manufacturing facilities located in Indonesia. Finally, the Services segment includes logistics and supply chain businesses. It derives maximum revenue from Distribution segment.
62GF Score

Get the complete analysis for ISX:LTLS

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp765.00
Price
Rp1,220.25
GF Value