Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
CVS Bay AreaTSE:2687 +0.41%43 Owner Earnings per Share (TTM) is 0.00 as of May. 2026. GuruFocus rates TSE:2687 with a GF Score™ of 43/100 and a GF Value™ of 円622.82 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 162 Retail - Defensive companies, CVS Bay Area ranks worse than 617283.33% on this metric.
"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)."
CVS Bay Area 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 CVS Bay Area's Owner Earnings per Share (TTM) or its related term are showing as below:
During the past 13 years, the highestPrice-to-Owner-Earnings ratio of CVS Bay Area was 27.84. The lowest was 1.09. And the median was 11.41.
TSE:2687's Price-to-Owner-Earnings is not ranked *
in the Retail - Defensive industry.
Industry Median: 11.565 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
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 FactSet. 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.
CVS Bay Area Owner Earnings per Share (TTM) Related Terms
CVS Bay Area Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for CVS Bay Area'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.
TSE:2687 vs KR: Owner Earnings per Share (TTM) Comparison
For the Grocery Stores subindustry, CVS Bay Area'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.
CVS Bay Area Price-to-Owner-Earnings vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where CVS Bay Area's Price-to-Owner-Earnings falls into.
"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)."
What does a Owner Earnings per Share (TTM) of 0.00 mean?
CVS Bay Area (TSE:2687) has a Owner Earnings per Share (TTM) of 0.00 as of May. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on CVS Bay Area. According to the industry distribution chart, CVS Bay Area ranks #999999 out of 162 companies in the Retail - Defensive industry.
Is CVS Bay Area's Owner Earnings per Share (TTM) too high?
CVS Bay Area's current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, CVS Bay Area ranks #999999 out of 162 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, CVS Bay Area has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CVS Bay Area's Owner Earnings per Share (TTM) compare to KR?
According to the Retail - Defensive industry distribution chart, CVS Bay Area ranks #999999 out of 162 companies for Owner Earnings per Share (TTM). This places CVS Bay Area in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 11.57. 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 Retail - Defensive company?
The median Owner Earnings per Share (TTM) among Retail - Defensive companies is 11.57, based on 162 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 CVS Bay Area. For the Retail - Defensive industry, the median Owner Earnings per Share (TTM) is 11.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVS Bay Area'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 CVS Bay Area stock overvalued right now?
Based on GuruFocus' analysis, CVS Bay Area (TSE:2687) is currently considered Modestly Undervalued. The stock's GF Value™ is 円622.82, compared to a current price of 円492.00 — trading 21% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. CVS Bay Area's overall GF Score™ is 43/100 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 CVS Bay Area (TSE:2687), the current Owner Earnings per Share (TTM) is 0.00 as of May. 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 CVS Bay Area (TSE:2687) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Bay Area stock appears to be undervalued.
The current stock price of 円492.00 is trading 21% below its estimated GF Value™ of 円622.82.
GuruFocus considers CVS Bay Area to be Modestly Undervalued.
Key valuation signals for TSE:2687:
Owner Earnings per Share (TTM): 0.00
GF Value™: 円622.82 vs. price of 円492.00 (21% below fair value)
No single metric tells the full story. See the TSE:2687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVS Bay Area Inc engaged in operating convenience store named Lawson and business hotel named Bay Hotel. The company is also engaged in mansion front business at condominiums and reception and office butler service for enterprise, and cleaning business.
43GF Score
Get the complete analysis for TSE:2687
Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2687 has been successfully added to your 
