Luby's (STU:LUB) Owner Earnings per Share (TTM): 0.00 (As of Aug. 2021)

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What is Luby's Owner Earnings per Share (TTM)?

Luby's STU:LUB 10 Owner Earnings per Share (TTM) is 0.00 as of Aug. 2021. GuruFocus rates STU:LUB with a GF Score™ of 10/100. The stock has 6 warning signs investors should review.

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)."

Luby's's Owner Earnings per Share (TTM) ended in Aug. 2021 was $0.00. It's Price-to-Owner-Earnings ratio for today is 0.


The historical rank and industry rank for Luby's'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 Luby's was 5490.00. The lowest was 11.29. And the median was 21.66.


STU:LUB's Price-to-Owner-Earnings is not ranked *
in the Restaurants industry.
Industry Median: 11.285
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Luby's's Earnings per Share (Diluted) for the three months ended in Aug. 2021 was $0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Aug. 2021 was $0.00. It's PE Ratio (TTM) ratio for today is N/A.

Luby's's EPS without NRI for the three months ended in Aug. 2021 was $0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Aug. 2021 was $0.00. It's PE Ratio without NRI ratio for today is N/A.


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.


Luby's Owner Earnings per Share (TTM) Related Terms


Luby's Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Luby's'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.

Luby's Owner Earnings per Share (TTM) Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
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

Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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

STU:LUB vs BDL, ARKR, BFI: Owner Earnings per Share (TTM) Comparison

For the Restaurants subindustry, Luby's'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.


Luby's Price-to-Owner-Earnings vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Luby's's Price-to-Owner-Earnings distribution charts can be found below:

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



Luby's 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)

Luby's's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income -3.02
Depreciation, Depletion and Amortization 2.14
Change In Deferred Tax 0.00
5Y Average of Maintenance Capital Expenditure 6.91
Change In Working Capital 0.46
Shares Outstanding (Diluted Average) 30.66

1. Start with "Net Income" from income statement. Luby's's Net Income for the trailing twelve months (TTM) ended in Aug. 2021 was $-3.02 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Luby's's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Aug. 2021 was $2.14 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. Luby's's Change In Deferred Tax for the trailing twelve months (TTM) ended in Aug. 2021 was $0.00 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $6.91 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.

Luby's's 5-Year Average Maintenance Capital Expenditure = $6.91 Mil

5. "Change In Working Capital" is from cashflow statement. Luby's's Change In Working Capital for the trailing twelve months (TTM) ended in Aug. 2021 was $0.46 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. Luby's's Shares Outstanding (Diluted Average) for the months ended in Aug. 2021 was 30.662 Mil.

Luby's's Onwer Earnings Per Share for Aug. 2021 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( -3.019 +2.142+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-6.9061936775476+0.458)/30.662
=0.00

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.00/0.00
=0

* 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.

What does a Owner Earnings per Share (TTM) of 0.00 mean?
Luby's (STU:LUB) has a Owner Earnings per Share (TTM) of 0.00 as of Aug. 2021. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Luby's.
Is Luby's' Owner Earnings per Share (TTM) too high?
Luby's' current Owner Earnings per Share (TTM) is 0.00. Overall, Luby's has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Luby's' Owner Earnings per Share (TTM) compare to BDL and ARKR?
Luby's' Owner Earnings per Share (TTM) of 0.00 can be compared against companies in the Restaurants industry. The industry median Owner Earnings per Share (TTM) is 11.29. 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 Restaurants company?
The median Owner Earnings per Share (TTM) among Restaurants companies is 11.29, based on 192 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 Luby's. For the Restaurants industry, the median Owner Earnings per Share (TTM) is 11.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luby's'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 Luby's stock overvalued right now?
Luby's (STU:LUB) has a current Owner Earnings per Share (TTM) of 0.00. The current Owner Earnings per Share (TTM) is 0.00. Luby's' overall GF Score™ is 10/100 with 6 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 Luby's (STU:LUB), the current Owner Earnings per Share (TTM) is 0.00 as of Aug. 2021. 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.

Luby's Business Description

Address 13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.