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"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)."
Nippon Seiro 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 Nippon Seiro Co's Owner Earnings per Share (TTM) or its related term are showing as below:
TSE:5010's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 11.26 * 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 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.
Nippon Seiro Co Owner Earnings per Share (TTM) Related Terms
Nippon Seiro Co Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Nippon Seiro 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.
Nippon Seiro Co Owner Earnings per Share (TTM) Chart
TSE:5010 vs MPC, VLO, PSX: Owner Earnings per Share (TTM) Comparison
For the Oil & Gas Refining & Marketing subindustry, Nippon Seiro 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.
Nippon Seiro Co Price-to-Owner-Earnings vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nippon Seiro Co's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Nippon Seiro Co'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?
Nippon Seiro Co (TSE:5010) has a Owner Earnings per Share (TTM) of 0.00 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Nippon Seiro Co. According to the industry distribution chart, Nippon Seiro Co ranks #999999 out of 463 companies in the Oil & Gas industry.
Is Nippon Seiro Co's Owner Earnings per Share (TTM) too high?
Nippon Seiro Co's current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, Nippon Seiro Co ranks #999999 out of 463 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Nippon Seiro Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Seiro Co's Owner Earnings per Share (TTM) compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Nippon Seiro Co ranks #999999 out of 463 companies for Owner Earnings per Share (TTM). This places Nippon Seiro Co in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 11.26. 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 an Oil & Gas company?
The median Owner Earnings per Share (TTM) among Oil & Gas companies is 11.26, based on 463 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 Nippon Seiro Co. For the Oil & Gas industry, the median Owner Earnings per Share (TTM) is 11.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Seiro Co'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 Nippon Seiro Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Seiro Co (TSE:5010) is currently considered Significantly Overvalued. The stock's GF Value™ is 円112.77, compared to a current price of 円283.00 — trading 151% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Nippon Seiro Co's overall GF Score™ is 41/100 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 Nippon Seiro Co (TSE:5010), the current Owner Earnings per Share (TTM) is 0.00 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 Nippon Seiro Co (TSE:5010) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Seiro Co stock appears to be overvalued.
The current stock price of 円283.00 is trading 151% above its estimated GF Value™ of 円112.77.
GuruFocus considers Nippon Seiro Co to be Significantly Overvalued.
Key valuation signals for TSE:5010:
Owner Earnings per Share (TTM): 0.00
GF Value™: 円112.77 vs. price of 円283.00 (151% above fair value)
No single metric tells the full story. See the TSE:5010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Seiro Co Ltd is engaged in the manufacturing and sales of petroleum waxes, physically and chemically converted wax products and fuel oil in Japan. The company offers paraffin and microcrystalline wax products, as well as special wax products. These products are used in various applications, such as hotmelt adhesives, paper cups, plastic lubricants, paper converting, rubber antiozonants, and electric insulation.
41GF Score
Get the complete analysis for TSE:5010
Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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