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Norris IndustriesNRIS 15 Owner Earnings per Share (TTM) is 0.00 as of Feb. 2026. GuruFocus rates NRIS with a GF Score™ of 15/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 464 Oil & Gas companies, Norris Industries ranks worse than 215517.03% on this metric.
"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)."
Norris Industries 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 Norris Industries's Owner Earnings per Share (TTM) or its related term are showing as below:
NRIS's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 11.38 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
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.
Norris Industries Owner Earnings per Share (TTM) Related Terms
Norris Industries Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Norris Industries'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.
Norris Industries Owner Earnings per Share (TTM) Chart
NRIS vs BRN, MXC, GULTU: Owner Earnings per Share (TTM) Comparison
For the Oil & Gas E&P subindustry, Norris Industries'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.
Norris Industries Price-to-Owner-Earnings vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Norris Industries's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Norris Industries's Price-to-Owner-Earnings falls into.
"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)."
What does a Owner Earnings per Share (TTM) of 0.00 mean?
Norris Industries (NRIS) has a Owner Earnings per Share (TTM) of 0.00 as of Feb. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Norris Industries. According to the industry distribution chart, Norris Industries ranks #999999 out of 464 companies in the Oil & Gas industry.
Is Norris Industries' Owner Earnings per Share (TTM) too high?
Norris Industries' current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, Norris Industries ranks #999999 out of 464 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Norris Industries has a GF Score™ of 15/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norris Industries' Owner Earnings per Share (TTM) compare to BRN and MXC?
According to the Oil & Gas industry distribution chart, Norris Industries ranks #999999 out of 464 companies for Owner Earnings per Share (TTM). This places Norris Industries in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 11.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for an Oil & Gas company?
The median Owner Earnings per Share (TTM) among Oil & Gas companies is 11.38, based on 464 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Norris Industries. For the Oil & Gas industry, the median Owner Earnings per Share (TTM) is 11.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norris Industries's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norris Industries stock overvalued right now?
Based on GuruFocus' analysis, Norris Industries (NRIS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.15 — trading 269.2% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Norris Industries' overall GF Score™ is 15/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Norris Industries (NRIS), the current Owner Earnings per Share (TTM) is 0.00 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Norris Industries (NRIS) Overvalued in 2026?
Based on GuruFocus' analysis, Norris Industries stock appears to be overvalued.
The current stock price of $0.15 is trading 269.2% above its estimated GF Value™ of $0.04.
GuruFocus considers Norris Industries to be Significantly Overvalued.
Key valuation signals for NRIS:
Owner Earnings per Share (TTM): 0.00
GF Value™: $0.04 vs. price of $0.15 (269.2% above fair value)
No single metric tells the full story. See the NRIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
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