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Oriental Land Co (TSE:4661) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2024)


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What is Oriental Land Co 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)."

Oriental Land 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 Oriental Land 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 Oriental Land Co was 73.52. The lowest was 11.35. And the median was 39.50.


TSE:4661's Price-to-Owner-Earnings is not ranked *
in the Travel & Leisure industry.
Industry Median: 14.835
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Oriental Land Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was 円27.12. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was 円72.24. It's PE Ratio ratio for today is 64.42.

Oriental Land Co's EPS without NRI for the three months ended in Dec. 2023 was 円27.11. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was 円72.09. It's PE Ratio without NRI ratio for today is 64.56.


Oriental Land Co Owner Earnings per Share (TTM) Historical Data

The historical data trend for Oriental Land 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.

* Premium members only.

Oriental Land Co Owner Earnings per Share (TTM) Chart

Oriental Land Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Owner Earnings per Share (TTM)
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Oriental Land Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Oriental Land Co's Owner Earnings per Share (TTM)

For the Leisure subindustry, Oriental Land 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.


Oriental Land Co's Price-to-Owner-Earnings Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Oriental Land Co's Price-to-Owner-Earnings distribution charts can be found below:

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



Oriental Land 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)

Oriental Land Co 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.


Oriental Land Co Owner Earnings per Share (TTM) Related Terms

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


Oriental Land Co (TSE:4661) Business Description

Traded in Other Exchanges
Address
1-1 Maihama, Chiba-Prefecture, Urayasu, JPN, 279-8511
Oriental Land Co Ltd is a Japan-based company operates Tokyo Disney Resort. Segments in which the group functions include Theme Park, Hotel Business, and Other Business. Theme Park segment is engaged in the operation and management of Tokyo Disneyland and Tokyo DisneySea theme Parks. The Hotel segment operates and manages hotels such as Ambassador Hotel, Urayasu Brighton Hotel, Kyoto Brighton Hotel and others. In addition, it also operates shopping complex which composed of shops and restaurants as well as a cinema complex and offers monorail service around Tokyo Disney Resort. Oriental generates the majority of revenue through Theme Park segment.

Oriental Land Co (TSE:4661) Headlines

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