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Spectrum Talent ManagementNSE:SPECTSTM -0.35%77 Owner Earnings per Share (TTM) is 24.36 as of Mar. 2026, which is 924% above its 10-year median of 2.38. GuruFocus rates NSE:SPECTSTM with a GF Score™ of 77/100 and a GF Value™ of ₹159.06 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 588 Business Services companies, Spectrum Talent Management ranks better than 92.86% 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)."
Spectrum Talent Management's Owner Earnings per Share (TTM) ended in Mar. 2026 was ₹24.36. It's Price-to-Owner-Earnings ratio for today is 2.34.
The historical rank and industry rank for Spectrum Talent Management's Owner Earnings per Share (TTM) or its related term are showing as below:
NSE:SPECTSTM'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 2.22 Med: 2.38 Max: 2.98
Current: 2.35
NSE:SPECTSTM's Price-to-Owner-Earnings is ranked better than 92.86% of 588
companies
in the Business Services industry
Industry Median: 11.98
vs NSE:SPECTSTM: 2.35
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.
Spectrum Talent Management Owner Earnings per Share (TTM) Related Terms
Spectrum Talent Management Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Spectrum Talent Management'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.
Spectrum Talent Management Owner Earnings per Share (TTM) Chart
NSE:SPECTSTM vs KFY, RHI, TNET: Owner Earnings per Share (TTM) Comparison
For the Staffing & Employment Services subindustry, Spectrum Talent Management'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.
Spectrum Talent Management Price-to-Owner-Earnings vs Business Services Industry
For the Business Services industry and Industrials sector, Spectrum Talent Management's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Spectrum Talent Management'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)."
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.
Spectrum Talent Management'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 = ₹92 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.
Spectrum Talent Management's 5-Year Average Maintenance Capital Expenditure = ₹92 Mil
5. "Change In Working Capital" is from cashflow statement. Spectrum Talent Management's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was ₹540 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.
* 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 24.36 mean?
Spectrum Talent Management (NSE:SPECTSTM) has a Owner Earnings per Share (TTM) of 24.36 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Spectrum Talent Management. This is 924% above median its historical median of 2.38. Over the past decade, Spectrum Talent Management's Owner Earnings per Share (TTM) has ranged from 2.22 to 2.98. According to the industry distribution chart, Spectrum Talent Management ranks #42 out of 588 companies in the Business Services industry, placing it in the top 7.1%.
Is Spectrum Talent Management's Owner Earnings per Share (TTM) too high?
Spectrum Talent Management's current Owner Earnings per Share (TTM) of 24.36 is 924% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 2.98. The Business Services industry median Owner Earnings per Share (TTM) is 11.98. Spectrum Talent Management's value of 24.36 is 103.3% above this industry median. Based on the distribution chart, Spectrum Talent Management ranks #42 out of 588 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spectrum Talent Management has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spectrum Talent Management's Owner Earnings per Share (TTM) compare to KFY and RHI?
According to the Business Services industry distribution chart, Spectrum Talent Management ranks #42 out of 588 companies for Owner Earnings per Share (TTM). This places Spectrum Talent Management in the top 7% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 11.98. Spectrum Talent Management's value of 24.36 is 103.3% above this benchmark. Historically, Spectrum Talent Management's own Owner Earnings per Share (TTM) has ranged from 2.22 to 2.98 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 11.98, Spectrum Talent Management has consistently been above 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 11.98, based on 588 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. Spectrum Talent Management's current Owner Earnings per Share (TTM) of 24.36 is 103.3% above 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 Spectrum Talent Management. For the Business Services industry, the median Owner Earnings per Share (TTM) is 11.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Talent Management's current Owner Earnings per Share (TTM) is 24.36, which is 924% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Talent Management stock overvalued right now?
Based on GuruFocus' analysis, Spectrum Talent Management (NSE:SPECTSTM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹159.06, compared to a current price of ₹57.05 — trading 64.1% below its estimated fair value. The current Owner Earnings per Share (TTM) is 24.36, which is 924% above median its 10-year median of 2.38 and 103.3% above the Business Services industry median of 11.98. Spectrum Talent Management's overall GF Score™ is 77/100 with 7 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 Spectrum Talent Management (NSE:SPECTSTM), the current Owner Earnings per Share (TTM) is 24.36 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 Spectrum Talent Management (NSE:SPECTSTM) Overvalued in 2026?
Based on GuruFocus' analysis, Spectrum Talent Management stock appears to be undervalued.
The current stock price of ₹57.05 is trading 64.1% below its estimated GF Value™ of ₹159.06.
GuruFocus considers Spectrum Talent Management to be Significantly Undervalued.
Key valuation signals for NSE:SPECTSTM:
Owner Earnings per Share (TTM): 24.36 (924% above median its 10-year median of 2.38)
GF Value™: ₹159.06 vs. price of ₹57.05 (64.1% below fair value)
Industry Position: 103.3% above the Business Services median (#42 of 588)
No single metric tells the full story. See the NSE:SPECTSTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as staffing, recruitment, apprenticeship, Payroll, Onboarding and flexible staffing. It satisfies the firm's staffing, and recruitment needs globally through this specialized rich knowledge. The company's business segment includes Manpower supply, Recruitment and related services, and Electronic goods. The company generates the majority of its revenue from the Manpower supply, Recruitment, and related services segment.
77GF Score
Get the complete analysis for NSE:SPECTSTM
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