GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Owner Earnings per Share (TTM)

Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Owner Earnings per Share (TTM) : 3.03 (As of Apr. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Ollie's Bargain Outlet Holdings 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)."

Ollie's Bargain Outlet Holdings's Owner Earnings per Share (TTM) ended in Apr. 2024 was $3.03. It's Price-to-Owner-Earnings ratio for today is 33.18.


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

OLLI' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 16.21   Med: 35.44   Max: 93.19
Current: 33.27


During the past 11 years, the highest Price-to-Owner-Earnings ratio of Ollie's Bargain Outlet Holdings was 93.19. The lowest was 16.21. And the median was 35.44.


OLLI's Price-to-Owner-Earnings is ranked worse than
88.75% of 160 companies
in the Retail - Defensive industry
Industry Median: 9.915 vs OLLI: 33.27

Ollie's Bargain Outlet Holdings's Earnings per Share (Diluted) for the three months ended in Apr. 2024 was $0.75. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 was $3.17. It's PE Ratio ratio for today is 31.72.

Ollie's Bargain Outlet Holdings's EPS without NRI for the three months ended in Apr. 2024 was $0.78. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2024 was $3.24. It's PE Ratio without NRI ratio for today is 31.04.


Ollie's Bargain Outlet Holdings Owner Earnings per Share (TTM) Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings'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.

Ollie's Bargain Outlet Holdings Owner Earnings per Share (TTM) Chart

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 4.76 -0.11 0.86 2.97

Ollie's Bargain Outlet Holdings Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.89 2.50 2.61 2.97 3.03

Competitive Comparison of Ollie's Bargain Outlet Holdings's Owner Earnings per Share (TTM)

For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings'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.


Ollie's Bargain Outlet Holdings's Price-to-Owner-Earnings Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Price-to-Owner-Earnings falls into.



Ollie's Bargain Outlet Holdings 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)

Ollie's Bargain Outlet Holdings's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 197
Depreciation, Depletion and Amortization 37
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 61
Change In Working Capital 14
Shares Outstanding (Diluted Average) 62

1. Start with "Net Income" from income statement. Ollie's Bargain Outlet Holdings's Net Income for the trailing twelve months (TTM) ended in Apr. 2024 was $197 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Ollie's Bargain Outlet Holdings's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Apr. 2024 was $37 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. Ollie's Bargain Outlet Holdings's Change In Deferred Tax for the trailing twelve months (TTM) ended in Apr. 2024 was $0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $61 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 quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, 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.

Ollie's Bargain Outlet Holdings's 5-Year Average Maintenance Capital Expenditure = $61 Mil

5. "Change In Working Capital" is from cashflow statement. Ollie's Bargain Outlet Holdings's Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2024 was $14 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. Ollie's Bargain Outlet Holdings's Shares Outstanding (Diluted Average) for the months ended in Apr. 2024 was 61.739 Mil.

Ollie's Bargain Outlet Holdings's Onwer Earnings Per Share for Apr. 2024 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 196.801 +36.653+0.496
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-60.740641380016+13.755)/61.739
=3.03

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=100.55/3.03
=33.18

* 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.


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.


Ollie's Bargain Outlet Holdings Owner Earnings per Share (TTM) Related Terms

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


Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Business Description

Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Executives
John W Swygert officer: EVP, CFO OLLIE'S BARGAIN OUTLET, INC., 6295 ALLENTOWN BLVD., SUITE 1, HARRISBURG PA 17112
Robert F Helm officer: SVP/CFO 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Larry Kraus officer: VP, CIO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Stanley Fleishman director
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Abid Rizvi director C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Van Der Valk Eric officer: EVP, COO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
James J Comitale officer: SVP, General Counsel 30 HUNTER LANE, CAMP HILL PA 17011
Alissa M Ahlman director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Richard F Zannino director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Kenneth Robert Bertram officer: VP, General Counsel 3404 CHOCO CHASE, MECHNICSBURG NY 17055
Ray Daugherty officer: SVP, Supply Chain C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Kevin Mclain officer: SVP, Merchandising 1405 SUMMIT WAY, MECHNICSBURG PA 17050
Scott Osborne officer: VP, Store Operations C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Omar Segura officer: Sr. VP of Store Operations 576 BLUE MOUNTAIN PARKWAY, HARRISBURG PA 17112