Glunz & Jensen Holding AS (OCSE:GJ) Owner Earnings per Share (TTM): 2.92 (As of Dec. 2025)

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OCSE:GJ Glunz & Jensen Holding AS OCSE:GJ
58 GF Score
Price kr78.00
GF Value kr69.13
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Glunz & Jensen Holding AS Owner Earnings per Share (TTM)?

Glunz & Jensen Holding AS OCSE:GJ 58 Owner Earnings per Share (TTM) is 2.92 as of Dec. 2025. GuruFocus rates OCSE:GJ with a GF Score™ of 58/100 and a GF Value™ of kr69.13 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,373 Industrial Products companies, Glunz & Jensen Holding AS ranks better than 51.64% 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)."

Glunz & Jensen Holding AS 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 Glunz & Jensen Holding AS's Owner Earnings per Share (TTM) or its related term are showing as below:

OCSE:GJ' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.71   Med: 11.33   Max: 30.13
Current: 26.7


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Glunz & Jensen Holding AS was 30.13. The lowest was 5.71. And the median was 11.33.


OCSE:GJ's Price-to-Owner-Earnings is ranked better than
51.64% of 1373 companies
in the Industrial Products industry
Industry Median: 27.78 vs OCSE:GJ: 26.70

Glunz & Jensen Holding AS's Earnings per Share (Diluted) for the six months ended in Jun. 2026 was kr2.36. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr4.38. It's PE Ratio (TTM) ratio for today is 17.79.

Glunz & Jensen Holding AS's EPS without NRI for the six months ended in Jun. 2026 was kr2.36. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was kr4.52. It's PE Ratio without NRI ratio for today is 17.27.


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 FactSet. 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.


Glunz & Jensen Holding AS Owner Earnings per Share (TTM) Related Terms


Glunz & Jensen Holding AS Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Glunz & Jensen Holding AS'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.

Glunz & Jensen Holding AS Owner Earnings per Share (TTM) Chart

Glunz & Jensen Holding AS Annual Data
Trend May16 May17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 -1.72 5.06 2.57 1.36

Glunz & Jensen Holding AS Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.06 2.83 4.07 1.45 1.46

OCSE:GJ vs GEV, ETN, PH: Owner Earnings per Share (TTM) Comparison

For the Specialty Industrial Machinery subindustry, Glunz & Jensen Holding AS'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.


Glunz & Jensen Holding AS Price-to-Owner-Earnings vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Glunz & Jensen Holding AS's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Glunz & Jensen Holding AS's Price-to-Owner-Earnings falls into.


OCSE:GJ
58GF Score
Glunz & Jensen Holding AS OCSE:GJ
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glunz & Jensen Holding AS 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)

Glunz & Jensen Holding AS does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

What does a Owner Earnings per Share (TTM) of 2.92 mean?
Glunz & Jensen Holding AS (OCSE:GJ) has a Owner Earnings per Share (TTM) of 2.92 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Glunz & Jensen Holding AS. According to the industry distribution chart, Glunz & Jensen Holding AS ranks #664 out of 1373 companies in the Industrial Products industry, placing it in the top 48.4%.
Is Glunz & Jensen Holding AS's Owner Earnings per Share (TTM) too high?
Glunz & Jensen Holding AS's current Owner Earnings per Share (TTM) is 2.92. The Industrial Products industry median Owner Earnings per Share (TTM) is 27.78. Glunz & Jensen Holding AS's value of 2.92 is 89.5% below this industry median. Based on the distribution chart, Glunz & Jensen Holding AS ranks #664 out of 1373 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Glunz & Jensen Holding AS has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glunz & Jensen Holding AS's Owner Earnings per Share (TTM) compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Glunz & Jensen Holding AS ranks #664 out of 1373 companies for Owner Earnings per Share (TTM). This puts Glunz & Jensen Holding AS in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 27.78. Glunz & Jensen Holding AS's value of 2.92 is 89.5% below this benchmark. 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 an Industrial Products company?
The median Owner Earnings per Share (TTM) among Industrial Products companies is 27.78, based on 1,373 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. Glunz & Jensen Holding AS's current Owner Earnings per Share (TTM) of 2.92 is 89.5% 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 Glunz & Jensen Holding AS. For the Industrial Products industry, the median Owner Earnings per Share (TTM) is 27.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glunz & Jensen Holding AS's current Owner Earnings per Share (TTM) is 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glunz & Jensen Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Glunz & Jensen Holding AS (OCSE:GJ) is currently considered Modestly Overvalued. The stock's GF Value™ is kr69.13, compared to a current price of kr78.00 — trading 12.8% above its estimated fair value. The current Owner Earnings per Share (TTM) is 2.92 and 89.5% below the Industrial Products industry median of 27.78. Glunz & Jensen Holding AS's overall GF Score™ is 58/100 with 2 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 Glunz & Jensen Holding AS (OCSE:GJ), the current Owner Earnings per Share (TTM) is 2.92 as of Dec. 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.

Is Glunz & Jensen Holding AS (OCSE:GJ) Overvalued in 2026?

Based on GuruFocus' analysis, Glunz & Jensen Holding AS stock appears to be overvalued. The current stock price of kr78.00 is trading 12.8% above its estimated GF Value™ of kr69.13. GuruFocus considers Glunz & Jensen Holding AS to be Modestly Overvalued.

Key valuation signals for OCSE:GJ:

  • Owner Earnings per Share (TTM): 2.92
  • GF Value™: kr69.13 vs. price of kr78.00 (12.8% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 89.5% below the Industrial Products median (#664 of 1373)

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


Glunz & Jensen Holding AS Business Description

Address Selandia Park 1, Ringsted, DNK, 4100
Glunz & Jensen Holding AS is a supplier of plate-making equipment and solutions for the prepress industry. In addition to developing and producing processing equipment for Offset and Flexo printing technologies, it also offers customer support as well as a full range of spare parts, wear parts, and consumable products. Its diverse product portfolio includes inkjet imaging systems, exposure units, washout units (processors), dryers, light finishers, fully automatic plate-making (inline) systems, mounting tables, plate stackers & turners. It presents two reportable segments: the prepress market and the rental of the Selandia Park properties. It has a geographic presence in EMEA, the Americas, Asia, and the Pacific. It generates the majority of its revenue from EMEA.
58GF Score

Get the complete analysis for OCSE:GJ

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

kr78.00
Price
kr69.13
GF Value