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OAT (OATN) Owner Earnings per Share (TTM) : 0.00 (As of Feb. 2012)


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What is OAT 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)."

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



OATN's Price-to-Owner-Earnings is not ranked *
in the Construction industry.
Industry Median: 11.43
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

OAT's Earnings per Share (Diluted) for the six months ended in Feb. 2012 was $0.16. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2012 was $0.16. It's PE Ratio (TTM) ratio for today is 0.04.

OAT's EPS without NRI for the six months ended in Feb. 2012 was $-0.18. Its EPS without NRI for the trailing twelve months (TTM) ended in Feb. 2012 was $-0.18. It's PE Ratio without NRI ratio for today is At Loss.


OAT Owner Earnings per Share (TTM) Historical Data

The historical data trend for OAT'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.

OAT Owner Earnings per Share (TTM) Chart

OAT Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12
Owner Earnings per Share (TTM)
- - - - -

OAT Semi-Annual Data
Feb08 Feb09 Feb10 Feb11 Feb12
Owner Earnings per Share (TTM) - - - - -

Competitive Comparison of OAT's Owner Earnings per Share (TTM)

For the Building Products & Equipment subindustry, OAT'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.


OAT's Price-to-Owner-Earnings Distribution in the Construction Industry

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

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


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OAT 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)

OAT 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.


OAT Owner Earnings per Share (TTM) Related Terms

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


OAT Business Description

Industry
Traded in Other Exchanges
N/A
Address
12106 Park Street, Cerritos, CA, USA, 90703
OAT Inc is engaged in the Air Conditioning, Heating, and Ventilation construction business. The Company's clientele is government sectors, military units, Air Force Base, and Marine Corps Base etc. It builds HVAC system package to control the usage time and temperature in each room using a computer utilizing the Direct Digital Control Program. The HVAC system is composed of Chiller, Cooling Tower, Chilled and Hot Water Pump, Hydronic Piping System, Custom Air Handler and VAV Box.
Executives
Eliot York director 32 BRACKENWOOD AVENUE, RICHMOND HILL A6 L4S 2P5
William B Kerr director 233 ROBINSON STREET, OAKVILLE A6 LGJ 425
Michel Emile Ghostine director C/O 277 LAKESHORE ROAD EAST, OAKVILLE A6 L6J 1H9
Carolyne Sing director, 10 percent owner, officer: CFO, Treasurer, Secretary 7839 - 17TH AVE, BURNABY A1 V3N 1M1
John H Gillespie officer: CEO & President C/O SILLENGER EXPLORATION CORP., 7837-17TH AVENUE, BURNABY A1 V3N 1M1

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