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Biesse SpA (LTS:0DUK) Owner Earnings per Share (TTM) : 0.00 (As of Dec. 2023)


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What is Biesse SpA 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)."

Biesse SpA 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 Biesse SpA'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 Biesse SpA was 1139.38. The lowest was 6.06. And the median was 13.29.


LTS:0DUK's Price-to-Owner-Earnings is not ranked *
in the Industrial Products industry.
Industry Median: 28.34
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Biesse SpA's Earnings per Share (Diluted) for the three months ended in Jun. 2024 was €0.04. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.03. It's PE Ratio (TTM) ratio for today is At Loss.

Biesse SpA's EPS without NRI for the three months ended in Jun. 2024 was €0.04. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.34. It's PE Ratio without NRI ratio for today is At Loss.


Biesse SpA Owner Earnings per Share (TTM) Historical Data

The historical data trend for Biesse SpA'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.

Biesse SpA Owner Earnings per Share (TTM) Chart

Biesse SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 1.62 2.55 0.77 -0.51

Biesse SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -0.51 - - -

Competitive Comparison of Biesse SpA's Owner Earnings per Share (TTM)

For the Specialty Industrial Machinery subindustry, Biesse SpA'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.


Biesse SpA's Price-to-Owner-Earnings Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Biesse SpA's Price-to-Owner-Earnings distribution charts can be found below:

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



Biesse SpA 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)

Biesse SpA 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.


Biesse SpA Owner Earnings per Share (TTM) Related Terms

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


Biesse SpA Business Description

Industry
Traded in Other Exchanges
Address
Via della Meccanica, 16, Pesaro, ITA, 61122
Biesse SpA operates in the market for machinery and systems for processing wood, glass, marble and stone. The group is organized into two operating segments being Machines and Systems in that it involves-production, distribution, installation, and after-sales service of wood, glass, stone, and advanced materials processing machines, grinders. Also it operates in Mechatronics which involves-production and distribution of industrial mechanical and electronic components. It generates maximum revenue from the Machines and Systems segment. Geographically, it derives a majority of revenue from Western Europe and also has a presence in Asia-Pacific; Eastern Europe; North America and the Rest of the World.

Biesse SpA Headlines

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