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Bens Creek Group (LSE:BEN) Owner Earnings per Share (TTM) : (As of Mar. 2023)


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What is Bens Creek Group 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)."

Bens Creek Group 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 Bens Creek Group's Owner Earnings per Share (TTM) or its related term are showing as below:



LSE:BEN's Price-to-Owner-Earnings is not ranked *
in the Steel industry.
Industry Median: 10.54
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Bens Creek Group's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was £-0.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.06. It's PE Ratio ratio for today is At Loss.

Bens Creek Group's EPS without NRI for the six months ended in Sep. 2023 was £-0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.05. It's PE Ratio without NRI ratio for today is At Loss.


Bens Creek Group Owner Earnings per Share (TTM) Historical Data

The historical data trend for Bens Creek Group'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.

Bens Creek Group Owner Earnings per Share (TTM) Chart

Bens Creek Group Annual Data
Trend Mar21 Mar22 Mar23
Owner Earnings per Share (TTM)
- - -

Bens Creek Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial - - - - -

Competitive Comparison of Bens Creek Group's Owner Earnings per Share (TTM)

For the Coking Coal subindustry, Bens Creek 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.


Bens Creek Group's Price-to-Owner-Earnings Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bens Creek Group's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Bens Creek Group's Price-to-Owner-Earnings falls into.



Bens Creek Group 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)

Bens Creek Group 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.


Bens Creek Group Owner Earnings per Share (TTM) Related Terms

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


Bens Creek Group (LSE:BEN) Business Description

Industry
Traded in Other Exchanges
Address
15 Stratton Street, London, GBR, W1J 8LQ
Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

Bens Creek Group (LSE:BEN) Headlines

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