Infollion Research Services (NSE:INFOLLION) Owner Earnings per Share (TTM): 9.27 (As of Mar. 2026) — 91% Below Median

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NSE:INFOLLION Infollion Research Services Ltd NSE:INFOLLION
74 GF Score
Price ₹169.80
GF Value ₹580.15
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Infollion Research Services Owner Earnings per Share (TTM)?

Infollion Research Services NSE:INFOLLION -1.22% 74 Owner Earnings per Share (TTM) is 9.27 as of Mar. 2026, which is 91% below its 10-year median of 105.75. GuruFocus rates NSE:INFOLLION with a GF Score™ of 74/100 and a GF Value™ of ₹580.15 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 591 Business Services companies, Infollion Research Services ranks worse than 67.51% on this metric.

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)."

Infollion Research Services's Owner Earnings per Share (TTM) ended in Mar. 2026 was ₹9.27. It's Price-to-Owner-Earnings ratio for today is 18.32.


The historical rank and industry rank for Infollion Research Services's Owner Earnings per Share (TTM) or its related term are showing as below:

NSE:INFOLLION' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 18.45   Med: 105.75   Max: 171.42
Current: 18.45


During the past 7 years, the highest Price-to-Owner-Earnings ratio of Infollion Research Services was 171.42. The lowest was 18.45. And the median was 105.75.


NSE:INFOLLION's Price-to-Owner-Earnings is ranked worse than
67.51% of 591 companies
in the Business Services industry
Industry Median: 12.05 vs NSE:INFOLLION: 18.45

Infollion Research Services's Earnings per Share (Diluted) for the six months ended in Mar. 2026 was ₹5.59. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.10. It's PE Ratio (TTM) ratio for today is 12.96.

Infollion Research Services's EPS without NRI for the six months ended in Mar. 2026 was ₹5.59. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.10. It's PE Ratio without NRI ratio for today is 12.96.


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.


Infollion Research Services Owner Earnings per Share (TTM) Related Terms


Infollion Research Services Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Infollion Research Services'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.

Infollion Research Services Owner Earnings per Share (TTM) Chart

Infollion Research Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 3.88 3.34 9.27

Infollion Research Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.88 0.00 3.34 0.00 9.27

NSE:INFOLLION vs KFY, RHI, TNET: Owner Earnings per Share (TTM) Comparison

For the Staffing & Employment Services subindustry, Infollion Research Services'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.


Infollion Research Services Price-to-Owner-Earnings vs Business Services Industry

For the Business Services industry and Industrials sector, Infollion Research Services's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Infollion Research Services's Price-to-Owner-Earnings falls into.


NSE:INFOLLION
74GF Score
Infollion Research Services Ltd NSE:INFOLLION
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infollion Research Services 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)

Infollion Research Services's Owner Earnings per Share (TTM) Calculation:

Last Year Average of Last 5 Years
Net Income 127
Depreciation, Depletion and Amortization 0
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 13
Change In Working Capital -24
Shares Outstanding (Diluted Average) 10

1. Start with "Net Income" from income statement. Infollion Research Services's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹127 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Infollion Research Services's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Infollion Research Services's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = ₹13 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Infollion Research Services's 5-Year Average Maintenance Capital Expenditure = ₹13 Mil

5. "Change In Working Capital" is from cashflow statement. Infollion Research Services's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-24 Mil.
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 sometimes it includes non-current parts of assets and liabilities.

6. Infollion Research Services's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 9.709 Mil.

Infollion Research Services's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 127.19 +0.141+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-13.23525+-24.09)/9.709
=9.27

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=169.80/9.27
=18.32

* 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.

What does a Owner Earnings per Share (TTM) of 9.27 mean?
Infollion Research Services (NSE:INFOLLION) has a Owner Earnings per Share (TTM) of 9.27 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Infollion Research Services. This is 91% below median its historical median of 105.75. Over the past decade, Infollion Research Services' Owner Earnings per Share (TTM) has ranged from 18.45 to 171.42. According to the industry distribution chart, Infollion Research Services ranks #399 out of 591 companies in the Business Services industry, placing it in the top 67.5%.
Is Infollion Research Services' Owner Earnings per Share (TTM) too high?
Infollion Research Services' current Owner Earnings per Share (TTM) of 9.27 is 91% below median its 10-year median of 105.75. Over the past 10 years, this metric has ranged from a low of 18.45 to a high of 171.42. The Business Services industry median Owner Earnings per Share (TTM) is 12.05. Infollion Research Services' value of 9.27 is 23.1% below this industry median. Based on the distribution chart, Infollion Research Services ranks #399 out of 591 companies in the Business Services industry, which is below the industry midpoint. Overall, Infollion Research Services has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Infollion Research Services' Owner Earnings per Share (TTM) compare to KFY and RHI?
According to the Business Services industry distribution chart, Infollion Research Services ranks #399 out of 591 companies for Owner Earnings per Share (TTM). This places Infollion Research Services in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 12.05. Infollion Research Services' value of 9.27 is 23.1% below this benchmark. Historically, Infollion Research Services' own Owner Earnings per Share (TTM) has ranged from 18.45 to 171.42 over the past decade. While the company's 10-year median is 105.75 vs. the industry median of 12.05, Infollion Research Services has consistently been below the industry average. 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 a Business Services company?
The median Owner Earnings per Share (TTM) among Business Services companies is 12.05, based on 591 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. Infollion Research Services's current Owner Earnings per Share (TTM) of 9.27 is 23.1% below the industry median. 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 Infollion Research Services. For the Business Services industry, the median Owner Earnings per Share (TTM) is 12.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infollion Research Services's current Owner Earnings per Share (TTM) is 9.27, which is 91% below median its own 10-year median of 105.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infollion Research Services stock overvalued right now?
Based on GuruFocus' analysis, Infollion Research Services (NSE:INFOLLION) is currently considered Possible Value Trap. The stock's GF Value™ is ₹580.15, compared to a current price of ₹169.80 — trading 70.7% below its estimated fair value. The current Owner Earnings per Share (TTM) is 9.27, which is 91% below median its 10-year median of 105.75 and 23.1% below the Business Services industry median of 12.05. Infollion Research Services' overall GF Score™ is 74/100 with 3 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 Infollion Research Services (NSE:INFOLLION), the current Owner Earnings per Share (TTM) is 9.27 as of Mar. 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 Infollion Research Services (NSE:INFOLLION) Overvalued in 2026?

Based on GuruFocus' analysis, Infollion Research Services stock appears to be undervalued. The current stock price of ₹169.80 is trading 70.7% below its estimated GF Value™ of ₹580.15. GuruFocus considers Infollion Research Services to be Possible Value Trap.

Key valuation signals for NSE:INFOLLION:

  • Owner Earnings per Share (TTM): 9.27 (91% below median its 10-year median of 105.75)
  • GF Value™: ₹580.15 vs. price of ₹169.80 (70.7% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 23.1% below the Business Services median (#399 of 591)

No single metric tells the full story. See the NSE:INFOLLION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Infollion Research Services Business Description

Address Unitech Cyber Park, 5th Floor, Tower-C, Sector - 39, Gurugram, HR, IND, 122001
Infollion Research Services Ltd is a tech-oriented marketplace, operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. It provides a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes. The company operates only in one business segment, On-demand Contingent Hiring.
74GF Score

Get the complete analysis for NSE:INFOLLION

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹169.80
Price
₹580.15
GF Value