SPAEF (Space Co) Owner Earnings per Share (TTM): 0.00 (As of Jun. 2026)

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SPAEF Space Co Ltd SPAEF
63 GF Score
Price $8.50
GF Value $7.09
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Space Co Owner Earnings per Share (TTM)?

Space Co SPAEF -8.11% 63 Owner Earnings per Share (TTM) is 0.00 as of Jun. 2026. GuruFocus rates SPAEF with a GF Score™ of 63/100 and a GF Value™ of $7.09 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 810 Construction companies, Space Co ranks worse than 123456.67% 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)."

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


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Space Co was 152.53. The lowest was 11.95. And the median was 44.58.


SPAEF's Price-to-Owner-Earnings is not ranked *
in the Construction industry.
Industry Median: 13.635
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Space Co's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.05. It's PE Ratio (TTM) ratio for today is 8.12.

Space Co's EPS without NRI for the three months ended in Jun. 2026 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was $1.01. It's PE Ratio without NRI ratio for today is 8.42.


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.


Space Co Owner Earnings per Share (TTM) Related Terms


Space Co Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Space Co'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.

Space Co Owner Earnings per Share (TTM) Chart

Space Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Space Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.00 0.00 0.00 0.00 0.00

SPAEF vs PWR, FIX, EME: Owner Earnings per Share (TTM) Comparison

For the Engineering & Construction subindustry, Space Co'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.


Space Co Price-to-Owner-Earnings vs Construction Industry

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

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


SPAEF
63GF Score
Space Co Ltd SPAEF
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Co 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)

Space Co 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 0.00 mean?
Space Co (SPAEF) has a Owner Earnings per Share (TTM) of 0.00 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Space Co. Over the past decade, Space Co's Owner Earnings per Share (TTM) has ranged from 11.95 to 152.53. According to the industry distribution chart, Space Co ranks #999999 out of 810 companies in the Construction industry.
Is Space Co's Owner Earnings per Share (TTM) too high?
Space Co's current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 11.95 to a high of 152.53. Based on the distribution chart, Space Co ranks #999999 out of 810 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Space Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Co's Owner Earnings per Share (TTM) compare to PWR and FIX?
According to the Construction industry distribution chart, Space Co ranks #999999 out of 810 companies for Owner Earnings per Share (TTM). This places Space Co in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 13.64. Historically, Space Co's own Owner Earnings per Share (TTM) has ranged from 11.95 to 152.53 over the past decade. 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 Construction company?
The median Owner Earnings per Share (TTM) among Construction companies is 13.64, based on 810 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. 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 Space Co. For the Construction industry, the median Owner Earnings per Share (TTM) is 13.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Co's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.09, compared to a current price of $8.50 — trading 19.9% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Space Co's overall GF Score™ is 63/100 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 Space Co (SPAEF), the current Owner Earnings per Share (TTM) is 0.00 as of Jun. 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 Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be overvalued. The current stock price of $8.50 is trading 19.9% above its estimated GF Value™ of $7.09. GuruFocus considers Space Co to be Modestly Overvalued.

Key valuation signals for SPAEF:

  • Owner Earnings per Share (TTM): 0.00
  • GF Value™: $7.09 vs. price of $8.50 (19.9% above fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
63GF Score

Get the complete analysis for SPAEF

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

$8.50
Price
$7.09
GF Value