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Ventia Services Group (NZSE:VNT) Owner Earnings per Share (TTM) : (As of Dec. 2024)


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What is Ventia Services Group 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)."

Ventia Services Group 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 Ventia Services Group's Owner Earnings per Share (TTM) or its related term are showing as below:



NZSE:VNT's Price-to-Owner-Earnings is not ranked *
in the Construction industry.
Industry Median: 11.545
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Ventia Services Group's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was NZ$0.15. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2024 was NZ$0.28. It's PE Ratio (TTM) ratio for today is 16.04.

Ventia Services Group's EPS without NRI for the six months ended in Dec. 2024 was NZ$0.15. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2024 was NZ$0.28. It's PE Ratio without NRI ratio for today is 16.04.


Ventia Services Group Owner Earnings per Share (TTM) Historical Data

The historical data trend for Ventia Services Group'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.

Ventia Services Group Owner Earnings per Share (TTM) Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Owner Earnings per Share (TTM)
- - - -

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial - - - - -

Competitive Comparison of Ventia Services Group's Owner Earnings per Share (TTM)

For the Infrastructure Operations subindustry, Ventia Services Group'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.


Ventia Services Group's Price-to-Owner-Earnings Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Price-to-Owner-Earnings distribution charts can be found below:

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


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Ventia Services Group 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)

Ventia Services Group 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.


Ventia Services Group Owner Earnings per Share (TTM) Related Terms

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


Ventia Services Group Business Description

Traded in Other Exchanges
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.