Aeonian Resources (TSXV:ALTN) Owner Earnings per Share (TTM): 0.00 (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Aeonian Resources Owner Earnings per Share (TTM)?

Aeonian Resources TSXV:ALTN -10.00% Owner Earnings per Share (TTM) is 0.00 as of Jul. 2026. The stock has 1 warning sign investors should review. Among 426 Metals & Mining companies, Aeonian Resources ranks worse than 234741.55% on this metric.

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)."

Aeonian Resources's Owner Earnings per Share (TTM) ended in Jul. 2026 was C$0.00. It's Price-to-Owner-Earnings ratio for today is 0.


The historical rank and industry rank for Aeonian Resources's Owner Earnings per Share (TTM) or its related term are showing as below:



TSXV:ALTN's Price-to-Owner-Earnings is not ranked *
in the Metals & Mining industry.
Industry Median: 15.47
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Aeonian Resources's Earnings per Share (Diluted) for the three months ended in Jul. 2026 was C$-0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 was C$-0.01. It's PE Ratio (TTM) ratio for today is At Loss.

Aeonian Resources's EPS without NRI for the three months ended in Jul. 2026 was C$-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Jul. 2026 was C$-0.01. It's PE Ratio without NRI ratio for today is At Loss.


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 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.


Aeonian Resources Owner Earnings per Share (TTM) Related Terms


Aeonian Resources Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Aeonian Resources'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.

Aeonian Resources Owner Earnings per Share (TTM) Chart

Aeonian Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Oct25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial - - - - -

Aeonian Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 - - -0.04 -0.04 -0.03

Aeonian Resources Owner Earnings per Share (TTM) Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Aeonian Resources'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.


Aeonian Resources Price-to-Owner-Earnings vs Metals & Mining Industry

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

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



Aeonian Resources 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)

Aeonian Resources's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income -0.56
Depreciation, Depletion and Amortization 0.00
Change In Deferred Tax 0.00
5Y Average of Maintenance Capital Expenditure 0.83
Change In Working Capital -0.21
Shares Outstanding (Diluted Average) 62.89

1. Start with "Net Income" from income statement. Aeonian Resources's Net Income for the trailing twelve months (TTM) ended in Jul. 2026 was C$-0.56 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Aeonian Resources's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jul. 2026 was C$0.00 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Aeonian Resources's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jul. 2026 was C$0.00 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = C$0.83 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Aeonian Resources's 5-Year Average Maintenance Capital Expenditure = C$0.83 Mil

5. "Change In Working Capital" is from cashflow statement. Aeonian Resources's Change In Working Capital for the trailing twelve months (TTM) ended in Jul. 2026 was C$-0.21 Mil.
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 sometimes it includes non-current parts of assets and liabilities.

6. Aeonian Resources's Shares Outstanding (Diluted Average) for the months ended in Jul. 2026 was 62.88584 Mil.

Aeonian Resources's Onwer Earnings Per Share for Jul. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( -0.5636 +0+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-0.830664+-0.2126)/62.88584
=0.00

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.09/0.00
=0

* 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.

What does a Owner Earnings per Share (TTM) of 0.00 mean?
Aeonian Resources (TSXV:ALTN) has a Owner Earnings per Share (TTM) of 0.00 as of Jul. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Aeonian Resources. According to the industry distribution chart, Aeonian Resources ranks #999999 out of 426 companies in the Metals & Mining industry.
Is Aeonian Resources' Owner Earnings per Share (TTM) too high?
Aeonian Resources' current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, Aeonian Resources ranks #999999 out of 426 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Aeonian Resources' Owner Earnings per Share (TTM) compare to competitors?
According to the Metals & Mining industry distribution chart, Aeonian Resources ranks #999999 out of 426 companies for Owner Earnings per Share (TTM). This places Aeonian Resources in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 15.47. 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 Metals & Mining company?
The median Owner Earnings per Share (TTM) among Metals & Mining companies is 15.47, based on 426 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 Aeonian Resources. For the Metals & Mining industry, the median Owner Earnings per Share (TTM) is 15.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeonian Resources'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 Aeonian Resources stock overvalued right now?
Aeonian Resources (TSXV:ALTN) has a current Owner Earnings per Share (TTM) of 0.00. The current Owner Earnings per Share (TTM) is 0.00. 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 Aeonian Resources (TSXV:ALTN), the current Owner Earnings per Share (TTM) is 0.00 as of Jul. 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.

Aeonian Resources Business Description

Other Exchanges AENRF:USA
Address 2500-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B3
Aeonian Resources Corp is engaged in mineral exploration and development in Canada, and its objective is to explore and, if warranted, develop the Property. Aeonian holds a 100% interest in the 38 mining claims totaling approximately 28,743.82 hectares comprising the Property, which is located about 30 kilometers southeast of Cranbrook, British Columbia, and is called the Koocanusa Property.