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RMB Holdings (JSE:RMH) Owner Earnings per Share (TTM) : 0.00 (As of Sep. 2024)


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What is RMB Holdings 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)."

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


During the past 13 years, the highest Price-to-Owner-Earnings ratio of RMB Holdings was 0.27. The lowest was 0.23. And the median was 0.25.


JSE:RMH's Price-to-Owner-Earnings is not ranked *
in the Banks industry.
Industry Median: 9.3
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

RMB Holdings's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was R0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was R0.06. It's PE Ratio (TTM) ratio for today is 7.26.

RMB Holdings's EPS without NRI for the six months ended in Sep. 2023 was R-0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was R0.06. It's PE Ratio without NRI ratio for today is 7.03.


RMB Holdings Owner Earnings per Share (TTM) Historical Data

The historical data trend for RMB Holdings'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.

RMB Holdings Owner Earnings per Share (TTM) Chart

RMB Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Sep24
Owner Earnings per Share (TTM)
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RMB Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 Sep24
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Competitive Comparison of RMB Holdings's Owner Earnings per Share (TTM)

For the Banks - Regional subindustry, RMB Holdings'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.


RMB Holdings's Price-to-Owner-Earnings Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RMB Holdings's Price-to-Owner-Earnings distribution charts can be found below:

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



RMB Holdings 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)

RMB Holdings 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.


RMB Holdings Owner Earnings per Share (TTM) Related Terms

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


RMB Holdings Business Description

Industry
Traded in Other Exchanges
Address
Corner Cradock and Tyrwhitt Avenues, The Bank, 12th floor, Rosebank, Johannesburg, GT, ZAF, 2196
RMB Holdings Ltd is a holding company that owns roughly a third of FirstRand Limited, which is a large financial services group in South Africa. FirstRand is RMB's sole investment. FirstRand operates First National Bank, which is a retail and commercial bank; Rand Merchant Bank, which is a corporate and investment bank; WesBank, which offers vehicle and asset financing; and Ashburton Investments, which engages in investment management. FirstRand generates more than half its total revenue from net interest income, with the remainder coming from fees, commissions, and insurance premiums. By business, First National Bank, the retail and commercial bank, provides most of FirstRand's revenue.

RMB Holdings Headlines

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