GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hagihara Industries Inc (TSE:7856) » Definitions » Owner Earnings per Share (TTM)

Hagihara Industries (TSE:7856) Owner Earnings per Share (TTM) : 0.00 (As of Jan. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Hagihara Industries 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)."

Hagihara Industries 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 Hagihara Industries'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 Hagihara Industries was 376.59. The lowest was 10.19. And the median was 12.63.


TSE:7856's Price-to-Owner-Earnings is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 11.56
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Hagihara Industries's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was 円30.72. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was 円128.52. It's PE Ratio ratio for today is 12.04.

Hagihara Industries's EPS without NRI for the three months ended in Jan. 2024 was 円30.48. Its EPS without NRI for the trailing twelve months (TTM) ended in Jan. 2024 was 円114.20. It's PE Ratio without NRI ratio for today is 13.55.


Hagihara Industries Owner Earnings per Share (TTM) Historical Data

The historical data trend for Hagihara Industries'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.

Hagihara Industries Owner Earnings per Share (TTM) Chart

Hagihara Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hagihara Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Hagihara Industries's Owner Earnings per Share (TTM)

For the Textile Manufacturing subindustry, Hagihara Industries'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.


Hagihara Industries's Price-to-Owner-Earnings Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hagihara Industries's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Hagihara Industries's Price-to-Owner-Earnings falls into.



Hagihara Industries 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)

Hagihara Industries 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.


Hagihara Industries Owner Earnings per Share (TTM) Related Terms

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


Hagihara Industries (TSE:7856) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Mizushima Nakadori, Kurashiki-Shi, Okayama, JPN, 712-8502
Hagihara Industries Inc is a Japan-based company mainly engaged in the production and sale of industrial machinery. It manufactures machinery and equipment for converting, highly-functional film, synthetic fiber, fiber and yarn, and plastic industries. The company has business operations in Japan and overseas markets.

Hagihara Industries (TSE:7856) Headlines

No Headlines