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Mobius Investment Trust (LSE:MMIT) Owner Earnings per Share (TTM) : 0.00 (As of Nov. 2024)


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What is Mobius Investment Trust 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)."

Mobius Investment Trust 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 Mobius Investment Trust's Owner Earnings per Share (TTM) or its related term are showing as below:



LSE:MMIT's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 10.545
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Mobius Investment Trust's Earnings per Share (Diluted) for the six months ended in Nov. 2024 was £0.09. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2024 was £0.07. It's PE Ratio (TTM) ratio for today is 16.42.

Mobius Investment Trust's EPS without NRI for the six months ended in Nov. 2024 was £0.09. Its EPS without NRI for the trailing twelve months (TTM) ended in Nov. 2024 was £0.07. It's PE Ratio without NRI ratio for today is 16.42.


Mobius Investment Trust Owner Earnings per Share (TTM) Historical Data

The historical data trend for Mobius Investment Trust'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.

Mobius Investment Trust Owner Earnings per Share (TTM) Chart

Mobius Investment Trust Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Owner Earnings per Share (TTM)
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Mobius Investment Trust Semi-Annual Data
Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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Competitive Comparison of Mobius Investment Trust's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Mobius Investment Trust'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.


Mobius Investment Trust's Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mobius Investment Trust's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Mobius Investment Trust's Price-to-Owner-Earnings falls into.


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Mobius Investment Trust 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)

Mobius Investment Trust 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.


Mobius Investment Trust Owner Earnings per Share (TTM) Related Terms

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


Mobius Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Mobius Investment Trust PLC is a closed-ended investment company. The company invests in listed or traded companies that are exposed directly or indirectly to emerging or frontier markets, to achieve its investment objective. The investment objective of the company is to achieve long-term capital growth and income returns predominantly through investment in a diversified portfolio of companies exposed directly or indirectly to emerging or frontier markets.

Mobius Investment Trust Headlines