Mason Infratech (NSE:MASON) Owner Earnings per Share (TTM): 1.79 (As of Mar. 2025) — 98% Below Median

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NSE:MASON Mason Infratech Ltd NSE:MASON
16 GF Score
Price ₹120.00
! 4 Warning Signs
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What is Mason Infratech Owner Earnings per Share (TTM)?

Mason Infratech NSE:MASON -1.84% 16 Owner Earnings per Share (TTM) is 1.79 as of Mar. 2025, which is 98% below its 10-year median of 95.21. GuruFocus rates NSE:MASON with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 796 Real Estate companies, Mason Infratech ranks worse than 91.83% 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)."

Mason Infratech's Owner Earnings per Share (TTM) ended in Mar. 2025 was ₹1.79. It's Price-to-Owner-Earnings ratio for today is 67.04.


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

NSE:MASON' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 50.98   Med: 95.21   Max: 118.71
Current: 67.23


During the past 5 years, the highest Price-to-Owner-Earnings ratio of Mason Infratech was 118.71. The lowest was 50.98. And the median was 95.21.


NSE:MASON's Price-to-Owner-Earnings is ranked worse than
91.83% of 796 companies
in the Real Estate industry
Industry Median: 10.01 vs NSE:MASON: 67.23

Mason Infratech's Earnings per Share (Diluted) for the six months ended in Sep. 2025 was ₹4.10. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹10.75. It's PE Ratio (TTM) ratio for today is 11.16.

Mason Infratech's EPS without NRI for the six months ended in Sep. 2025 was ₹4.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹10.78. It's PE Ratio without NRI ratio for today is 11.14.


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.


Mason Infratech Owner Earnings per Share (TTM) Related Terms


Mason Infratech Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Mason Infratech'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.

Mason Infratech Owner Earnings per Share (TTM) Chart

Mason Infratech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Owner Earnings per Share (TTM)
0.00 0.00 0.00 0.00 1.79

Mason Infratech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Owner Earnings per Share (TTM) Get a 7-Day Free Trial 0.00 0.00 0.00 1.79 0.00

Mason Infratech Owner Earnings per Share (TTM) Competitor Comparison

For the Real Estate - Development subindustry, Mason Infratech'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.


Mason Infratech Price-to-Owner-Earnings vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mason Infratech's Price-to-Owner-Earnings distribution charts can be found below:

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


NSE:MASON
16GF Score
Mason Infratech Ltd NSE:MASON
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
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Mason Infratech 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)

Mason Infratech's Owner Earnings per Share (TTM) Calculation:

Last Year Average of Last 5 Years
Net Income 171
Depreciation, Depletion and Amortization 26
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 22
Change In Working Capital -144
Shares Outstanding (Diluted Average) 18

1. Start with "Net Income" from income statement. Mason Infratech's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was ₹171 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Mason Infratech's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2025 was ₹26 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. Mason Infratech's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2025 was ₹0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = ₹22 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.

Mason Infratech's 5-Year Average Maintenance Capital Expenditure = ₹22 Mil

5. "Change In Working Capital" is from cashflow statement. Mason Infratech's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-144 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. Mason Infratech's Shares Outstanding (Diluted Average) for the months ended in Mar. 2025 was 17.529 Mil.

Mason Infratech's Onwer Earnings Per Share for Mar. 2025 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 170.885 +25.785+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-21.5912+-143.784)/17.529
=1.79

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=120.00/1.79
=67.04

* 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 1.79 mean?
Mason Infratech (NSE:MASON) has a Owner Earnings per Share (TTM) of 1.79 as of Mar. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Mason Infratech. This is 98% below median its historical median of 95.21. Over the past decade, Mason Infratech's Owner Earnings per Share (TTM) has ranged from 50.98 to 118.71. According to the industry distribution chart, Mason Infratech ranks #731 out of 796 companies in the Real Estate industry, placing it in the top 91.8%.
Is Mason Infratech's Owner Earnings per Share (TTM) too high?
Mason Infratech's current Owner Earnings per Share (TTM) of 1.79 is 98% below median its 10-year median of 95.21. Over the past 10 years, this metric has ranged from a low of 50.98 to a high of 118.71. The Real Estate industry median Owner Earnings per Share (TTM) is 10.01. Mason Infratech's value of 1.79 is 82.1% below this industry median. Based on the distribution chart, Mason Infratech ranks #731 out of 796 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Mason Infratech has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Mason Infratech's Owner Earnings per Share (TTM) compare to competitors?
According to the Real Estate industry distribution chart, Mason Infratech ranks #731 out of 796 companies for Owner Earnings per Share (TTM). This places Mason Infratech in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 10.01. Mason Infratech's value of 1.79 is 82.1% below this benchmark. Historically, Mason Infratech's own Owner Earnings per Share (TTM) has ranged from 50.98 to 118.71 over the past decade. While the company's 10-year median is 95.21 vs. the industry median of 10.01, Mason Infratech 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 Real Estate company?
The median Owner Earnings per Share (TTM) among Real Estate companies is 10.01, based on 796 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. Mason Infratech's current Owner Earnings per Share (TTM) of 1.79 is 82.1% 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 Mason Infratech. For the Real Estate industry, the median Owner Earnings per Share (TTM) is 10.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mason Infratech's current Owner Earnings per Share (TTM) is 1.79, which is 98% below median its own 10-year median of 95.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mason Infratech stock overvalued right now?
Mason Infratech (NSE:MASON) has a current Owner Earnings per Share (TTM) of 1.79. The current Owner Earnings per Share (TTM) is 1.79, which is 98% below median its 10-year median of 95.21 and 82.1% below the Real Estate industry median of 10.01. Mason Infratech's overall GF Score™ is 16/100 with 4 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 Mason Infratech (NSE:MASON), the current Owner Earnings per Share (TTM) is 1.79 as of Mar. 2025. 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.

Mason Infratech Business Description

Address Pokhran Road, No. 2, Flat No. 103, Imperia, Mahavir Millenium, Vasant Vihar, Thane, Mumbai, MH, IND, 400 610
Mason Infratech Ltd is a real estate construction company providing construction services for Residential as well as Commercial buildings of new and redevelopment projects. It specializes in executing civil contracts. The company is also working on lifestyle projects and high-value standalone buildings. Its capabilities include constructing concrete building structures as well as composite steel structures and providing mechanical, electrical, and plumbing (MEP) and finishing works. the company operates in India.
16GF Score

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

₹120.00
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