GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Triple Point Income VCT PLC (LSE:TPVA) » Definitions » Owner Earnings per Share (TTM)

Triple Pointome VCT (LSE:TPVA) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2022)


View and export this data going back to 2012. Start your Free Trial

What is Triple Pointome VCT 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)."

Triple Pointome VCT 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 Triple Pointome VCT's Owner Earnings per Share (TTM) or its related term are showing as below:



LSE:TPVA's Price-to-Owner-Earnings is not ranked *
in the Asset Management industry.
Industry Median: 11.755
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Triple Pointome VCT's Earnings per Share (Diluted) for the six months ended in Sep. 2022 was £0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was £0.00. It's PE Ratio ratio for today is N/A.

Triple Pointome VCT's EPS without NRI for the six months ended in Sep. 2022 was £0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2022 was £0.00. It's PE Ratio without NRI ratio for today is N/A.


Triple Pointome VCT Owner Earnings per Share (TTM) Historical Data

The historical data trend for Triple Pointome VCT'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.

Triple Pointome VCT Owner Earnings per Share (TTM) Chart

Triple Pointome VCT Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Triple Pointome VCT Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 - - - - -

Competitive Comparison of Triple Pointome VCT's Owner Earnings per Share (TTM)

For the Asset Management subindustry, Triple Pointome VCT'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.


Triple Pointome VCT's Price-to-Owner-Earnings Distribution in the Asset Management Industry

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

* The bar in red indicates where Triple Pointome VCT's Price-to-Owner-Earnings falls into.



Triple Pointome VCT 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)

Triple Pointome VCT 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.


Triple Pointome VCT Owner Earnings per Share (TTM) Related Terms

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


Triple Pointome VCT (LSE:TPVA) Business Description

Traded in Other Exchanges
N/A
Address
1 King William Street, London, GBR, EC4N 7AF
Triple Point Income VCT PLC is a part of the financial services domain in the United Kingdom. It is a venture capital trust formed with the objective of capital preservation and payment of regular tax-free dividends to investors. The company's mission comprises three priorities, which are capital security, liquidity, and predictable returns. It has chosen to focus its investing activities towards companies involved in renewable energy, energy production, innovative vertical growing, and SME funding.

Triple Pointome VCT (LSE:TPVA) Headlines

No Headlines