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TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Owner Earnings per Share (TTM) : (As of Dec. 2021)


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What is TPG Pace Beneficial Finance 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)."

TPG Pace Beneficial Finance 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 TPG Pace Beneficial Finance's Owner Earnings per Share (TTM) or its related term are showing as below:



TPGY's Price-to-Owner-Earnings is not ranked *
in the Diversified Financial Services industry.
Industry Median: 6.065
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

TPG Pace Beneficial Finance's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.10. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $7.54. It's PE Ratio ratio for today is 1.33.

TPG Pace Beneficial Finance's EPS without NRI for the three months ended in Jun. 2022 was $0.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $7.54. It's PE Ratio without NRI ratio for today is 1.33.


TPG Pace Beneficial Finance Owner Earnings per Share (TTM) Historical Data

The historical data trend for TPG Pace Beneficial Finance'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.

TPG Pace Beneficial Finance Owner Earnings per Share (TTM) Chart

TPG Pace Beneficial Finance Annual Data
Trend Dec19 Dec20 Dec21
Owner Earnings per Share (TTM)
- - -

TPG Pace Beneficial Finance Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of TPG Pace Beneficial Finance's Owner Earnings per Share (TTM)

For the Shell Companies subindustry, TPG Pace Beneficial Finance'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.


TPG Pace Beneficial Finance's Price-to-Owner-Earnings Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TPG Pace Beneficial Finance's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where TPG Pace Beneficial Finance's Price-to-Owner-Earnings falls into.



TPG Pace Beneficial Finance 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)

TPG Pace Beneficial Finance does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


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.


TPG Pace Beneficial Finance Owner Earnings per Share (TTM) Related Terms

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


TPG Pace Beneficial Finance (TPG Pace Beneficial Finance) Business Description

Traded in Other Exchanges
N/A
Address
301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102
TPG Pace Beneficial Finance Corp is a blank check company.
Executives
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tybourne Capital Management (hk) Ltd 10 percent owner SUITES 1021-25, 10/F, CHAMPION TOWER, 3 GARDEN ROAD, CENTRAL, HONG KONG K3 XXXXX
Light Street Mercury Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Light Street Capital Management, Llc 10 percent owner 505 HAMILTON AVENUE, SUITE 110, PALO ALTO CA 94301
Viswanathan Krishnan 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 00000
Tybourne Capital Management Ltd 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX
Tybourne Kesari Ltd 10 percent owner 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX
Glen Thomas Kacher 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Tpg Pace Beneficial Finance Sponsor, Series Llc director, 10 percent owner C/O TPG PACE BENEFICIAL FINANCE CORP.,, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Chad A Leat director C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Maryanne Hancock director C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Nancy Mahon director C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson officer: Chief Financial Officer C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz officer: Secretary C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael G. Macdougall officer: President 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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