Arizon RFID Technology (Cayman) Co (TPE:6863) Owner Earnings per Share (TTM): 0.77 (As of Jun. 2026)

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TPE:6863 Arizon RFID Technology (Cayman) Co Ltd TPE:6863
64 GF Score
Price NT$110.50
GF Value NT$249.64
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Arizon RFID Technology (Cayman) Co Owner Earnings per Share (TTM)?

Arizon RFID Technology (Cayman) Co TPE:6863 -1.34% 64 Owner Earnings per Share (TTM) is 0.77 as of Jun. 2026. GuruFocus rates TPE:6863 with a GF Score™ of 64/100 and a GF Value™ of NT$249.64 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 1,048 Hardware companies, Arizon RFID Technology (Cayman) Co ranks worse than 85.69% 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)."

Arizon RFID Technology (Cayman) Co's Owner Earnings per Share (TTM) ended in Jun. 2026 was NT$0.77. It's Price-to-Owner-Earnings ratio for today is 143.51.


The historical rank and industry rank for Arizon RFID Technology (Cayman) Co's Owner Earnings per Share (TTM) or its related term are showing as below:

TPE:6863' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 49.36   Med: 60.38   Max: 174.05
Current: 146.02


During the past 6 years, the highest Price-to-Owner-Earnings ratio of Arizon RFID Technology (Cayman) Co was 174.05. The lowest was 49.36. And the median was 60.38.


TPE:6863's Price-to-Owner-Earnings is ranked worse than
85.69% of 1048 companies
in the Hardware industry
Industry Median: 24.73 vs TPE:6863: 146.02

Arizon RFID Technology (Cayman) Co's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was NT$1.32. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2.84. It's PE Ratio (TTM) ratio for today is 38.91.

Arizon RFID Technology (Cayman) Co's EPS without NRI for the three months ended in Jun. 2026 was NT$1.32. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was NT$2.90. It's PE Ratio without NRI ratio for today is 38.09.


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.


Arizon RFID Technology (Cayman) Co Owner Earnings per Share (TTM) Related Terms


Arizon RFID Technology (Cayman) Co Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Arizon RFID Technology (Cayman) 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.

Arizon RFID Technology (Cayman) Co Owner Earnings per Share (TTM) Chart

Arizon RFID Technology (Cayman) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Arizon RFID Technology (Cayman) 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 1.79 0.77

TPE:6863 vs APH, GLW, TEL: Owner Earnings per Share (TTM) Comparison

For the Electronic Components subindustry, Arizon RFID Technology (Cayman) 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.


Arizon RFID Technology (Cayman) Co Price-to-Owner-Earnings vs Hardware Industry

For the Hardware industry and Technology sector, Arizon RFID Technology (Cayman) Co's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Arizon RFID Technology (Cayman) Co's Price-to-Owner-Earnings falls into.


TPE:6863
64GF Score
Arizon RFID Technology (Cayman) Co Ltd TPE:6863
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arizon RFID Technology (Cayman) 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)

Arizon RFID Technology (Cayman) Co's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 213
Depreciation, Depletion and Amortization 342
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 381
Change In Working Capital -116
Shares Outstanding (Diluted Average) 75

1. Start with "Net Income" from income statement. Arizon RFID Technology (Cayman) Co's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$213 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Arizon RFID Technology (Cayman) Co's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was NT$342 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. Arizon RFID Technology (Cayman) Co's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was NT$0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = NT$381 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.

Arizon RFID Technology (Cayman) Co's 5-Year Average Maintenance Capital Expenditure = NT$381 Mil

5. "Change In Working Capital" is from cashflow statement. Arizon RFID Technology (Cayman) Co's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-116 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. Arizon RFID Technology (Cayman) Co's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 74.855 Mil.

Arizon RFID Technology (Cayman) Co's Onwer Earnings Per Share for Jun. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 213.132 +341.601+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-381.22325032111+-116.119)/74.855
=0.77

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=110.50/0.77
=143.51

* 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 0.77 mean?
Arizon RFID Technology (Cayman) Co (TPE:6863) has a Owner Earnings per Share (TTM) of 0.77 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Arizon RFID Technology (Cayman) Co. According to the industry distribution chart, Arizon RFID Technology (Cayman) Co ranks #898 out of 1048 companies in the Hardware industry, placing it in the top 85.7%.
Is Arizon RFID Technology (Cayman) Co's Owner Earnings per Share (TTM) too high?
Arizon RFID Technology (Cayman) Co's current Owner Earnings per Share (TTM) is 0.77. The Hardware industry median Owner Earnings per Share (TTM) is 24.73. Arizon RFID Technology (Cayman) Co's value of 0.77 is 96.9% below this industry median. Based on the distribution chart, Arizon RFID Technology (Cayman) Co ranks #898 out of 1048 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arizon RFID Technology (Cayman) Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arizon RFID Technology (Cayman) Co's Owner Earnings per Share (TTM) compare to APH and GLW?
According to the Hardware industry distribution chart, Arizon RFID Technology (Cayman) Co ranks #898 out of 1048 companies for Owner Earnings per Share (TTM). This places Arizon RFID Technology (Cayman) Co in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 24.73. Arizon RFID Technology (Cayman) Co's value of 0.77 is 96.9% 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 a Hardware company?
The median Owner Earnings per Share (TTM) among Hardware companies is 24.73, based on 1,048 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. Arizon RFID Technology (Cayman) Co's current Owner Earnings per Share (TTM) of 0.77 is 96.9% 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 Arizon RFID Technology (Cayman) Co. For the Hardware industry, the median Owner Earnings per Share (TTM) is 24.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arizon RFID Technology (Cayman) Co's current Owner Earnings per Share (TTM) is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arizon RFID Technology (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Arizon RFID Technology (Cayman) Co (TPE:6863) is currently considered Possible Value Trap. The stock's GF Value™ is NT$249.64, compared to a current price of NT$110.50 — trading 55.7% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.77 and 96.9% below the Hardware industry median of 24.73. Arizon RFID Technology (Cayman) Co's overall GF Score™ is 64/100 with 11 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 Arizon RFID Technology (Cayman) Co (TPE:6863), the current Owner Earnings per Share (TTM) is 0.77 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 Arizon RFID Technology (Cayman) Co (TPE:6863) Overvalued in 2026?

Based on GuruFocus' analysis, Arizon RFID Technology (Cayman) Co stock appears to be undervalued. The current stock price of NT$110.50 is trading 55.7% below its estimated GF Value™ of NT$249.64. GuruFocus considers Arizon RFID Technology (Cayman) Co to be Possible Value Trap.

Key valuation signals for TPE:6863:

  • Owner Earnings per Share (TTM): 0.77
  • GF Value™: NT$249.64 vs. price of NT$110.50 (55.7% below fair value)
  • GF Score™: 64/100 with 11 warning signs
  • Industry Position: 96.9% below the Hardware median (#898 of 1048)

No single metric tells the full story. See the TPE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arizon RFID Technology (Cayman) Co Business Description

Address 17th Floor, No. 51, Section 2, Chongqing S. Road, Zhongzheng District, Taipei, CHN, 100
Arizon RFID Technology (Cayman) Co Ltd is engaged in the design, development, manufacture, and trading of radio-frequency identification (RFID) systems. Its products are RFID tags and ARC products. Its solutions include RFID Intelligent Forklift, RFID Supplier Material Management Platform, RFID Asset Management System, and RFID & ANPR Smart Parking System. Its products and solutions are used in various applications, including Fashion Retail, General Retail, Logistics, Food, Enterprise Documents Management, Medical, Beauty and Personal Care, Automobile and Tire, Aviation, Industrial Manufacturing, NFC, and Innovative Applications. Geographically, it operates in Taiwan, Mainland China, United States, and others, with the majority of revenue generated from Mainland China.
64GF Score

Get the complete analysis for TPE:6863

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

NT$110.50
Price
NT$249.64
GF Value