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DOWA Holdings Co (TSE:5714) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2024)


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What is DOWA Holdings 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)."

DOWA Holdings 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 DOWA Holdings 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 DOWA Holdings Co was 55.35. The lowest was 13.94. And the median was 22.23.


TSE:5714's Price-to-Owner-Earnings is not ranked *
in the Metals & Mining industry.
Industry Median: 14.09
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

DOWA Holdings Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was 円181.99. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was 円467.89. It's PE Ratio ratio for today is 12.21.

DOWA Holdings Co's EPS without NRI for the three months ended in Dec. 2023 was 円130.37. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was 円480.30. It's PE Ratio without NRI ratio for today is 11.90.


DOWA Holdings Co Owner Earnings per Share (TTM) Historical Data

The historical data trend for DOWA Holdings 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.

DOWA Holdings Co Owner Earnings per Share (TTM) Chart

DOWA Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Owner Earnings per Share (TTM)
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DOWA Holdings 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 DOWA Holdings Co's Owner Earnings per Share (TTM)

For the Other Industrial Metals & Mining subindustry, DOWA Holdings 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.


DOWA Holdings Co's Price-to-Owner-Earnings Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Price-to-Owner-Earnings distribution charts can be found below:

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



DOWA Holdings 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)

DOWA Holdings 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.


DOWA Holdings Co Owner Earnings per Share (TTM) Related Terms

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


DOWA Holdings Co (TSE:5714) Business Description

Traded in Other Exchanges
Address
14-1, Sotokanda 4-chome, Chiyoda-ku, Tokyo, JPN, 101-0021
Dowa Holdings Co Ltd is a Japan-based holding company, with five main business segments. The nonferrous metals segment generates roughly half of group revenue via the production and sale of copper, zinc, lead, gold, silver, and platinum, among other metals. In the environmental management and recycling division, the group engages in waste treatment, soil remediation, resource recycling, and logistics. In the electronic materials segment, the group produces and sells high-purity metal materials, compound semiconductor wafers, conductive materials, battery materials, magnetic materials, reduced iron powder, and other materials. In the metal processing segment, the group produces and sells copper, brass and copper alloy strips, electroplated products, brass rods, and metal-ceramic substrates.

DOWA Holdings Co (TSE:5714) Headlines

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