WWNTY (Want Want China Holdings) Owner Earnings per Share (TTM): 2.63 (As of Mar. 2026) — 81% Below Median

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WWNTY Want Want China Holdings Ltd WWNTY
69 GF Score
Price $21.23
GF Value $31.40
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Want Want China Holdings Owner Earnings per Share (TTM)?

Want Want China Holdings WWNTY 69 Owner Earnings per Share (TTM) is 2.63 as of Mar. 2026, which is 81% below its 10-year median of 14.00. GuruFocus rates WWNTY with a GF Score™ of 69/100 and a GF Value™ of $31.40 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 997 Consumer Packaged Goods companies, Want Want China Holdings ranks better than 73.82% 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)."

Want Want China Holdings's Owner Earnings per Share (TTM) ended in Mar. 2026 was $2.63. It's Price-to-Owner-Earnings ratio for today is 8.07.


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

WWNTY' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 7.75   Med: 14   Max: 24.75
Current: 8.09


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Want Want China Holdings was 24.75. The lowest was 7.75. And the median was 14.00.


WWNTY's Price-to-Owner-Earnings is ranked better than
73.82% of 997 companies
in the Consumer Packaged Goods industry
Industry Median: 14.56 vs WWNTY: 8.09

Want Want China Holdings's Earnings per Share (Diluted) for the six months ended in Mar. 2026 was $1.30. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.32. It's PE Ratio (TTM) ratio for today is 9.14.

Want Want China Holdings's EPS without NRI for the six months ended in Mar. 2026 was $1.31. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $2.33. It's PE Ratio without NRI ratio for today is 9.11.


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.


Want Want China Holdings Owner Earnings per Share (TTM) Related Terms


Want Want China Holdings Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Want Want China Holdings'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.

Want Want China Holdings Owner Earnings per Share (TTM) Chart

Want Want China Holdings Annual Data
Trend Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 2.34 2.68 2.38 2.52

Want Want China Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.68 0.00 2.38 0.00 2.52

WWNTY vs KHC, GIS: Owner Earnings per Share (TTM) Comparison

For the Packaged Foods subindustry, Want Want China Holdings'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.


Want Want China Holdings Price-to-Owner-Earnings vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Want Want China Holdings's Price-to-Owner-Earnings distribution charts can be found below:

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


WWNTY
69GF Score
Want Want China Holdings Ltd WWNTY
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Want Want China Holdings 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)

Want Want China Holdings's Owner Earnings per Share (TTM) Calculation:

Last Year Average of Last 5 Years
Net Income 557
Depreciation, Depletion and Amortization 124
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 77
Change In Working Capital 27
Shares Outstanding (Diluted Average) 236

1. Start with "Net Income" from income statement. Want Want China Holdings's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $557 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Want Want China Holdings's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was $124 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. Want Want China Holdings's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was $0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $77 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 year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, 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.

Want Want China Holdings's 5-Year Average Maintenance Capital Expenditure = $77 Mil

5. "Change In Working Capital" is from cashflow statement. Want Want China Holdings's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was $27 Mil.
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 sometimes it includes non-current parts of assets and liabilities.

6. Want Want China Holdings's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 236.061 Mil.

Want Want China Holdings's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 556.735 +123.531+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-76.564+27.281)/236.061
=2.63

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=21.23/2.63
=8.07

* 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 2.63 mean?
Want Want China Holdings (WWNTY) has a Owner Earnings per Share (TTM) of 2.63 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Want Want China Holdings. This is 81% below median its historical median of 14.00. Over the past decade, Want Want China Holdings' Owner Earnings per Share (TTM) has ranged from 7.75 to 24.75. According to the industry distribution chart, Want Want China Holdings ranks #261 out of 997 companies in the Consumer Packaged Goods industry, placing it in the top 26.2%.
Is Want Want China Holdings' Owner Earnings per Share (TTM) too high?
Want Want China Holdings' current Owner Earnings per Share (TTM) of 2.63 is 81% below median its 10-year median of 14.00. Over the past 10 years, this metric has ranged from a low of 7.75 to a high of 24.75. The Consumer Packaged Goods industry median Owner Earnings per Share (TTM) is 14.56. Want Want China Holdings' value of 2.63 is 81.9% below this industry median. Based on the distribution chart, Want Want China Holdings ranks #261 out of 997 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Want Want China Holdings has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Want Want China Holdings' Owner Earnings per Share (TTM) compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Want Want China Holdings ranks #261 out of 997 companies for Owner Earnings per Share (TTM). This puts Want Want China Holdings in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 14.56. Want Want China Holdings' value of 2.63 is 81.9% below this benchmark. Historically, Want Want China Holdings' own Owner Earnings per Share (TTM) has ranged from 7.75 to 24.75 over the past decade. While the company's 10-year median is 14.00 vs. the industry median of 14.56, Want Want China Holdings has consistently been below the industry average. 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 Consumer Packaged Goods company?
The median Owner Earnings per Share (TTM) among Consumer Packaged Goods companies is 14.56, based on 997 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. Want Want China Holdings's current Owner Earnings per Share (TTM) of 2.63 is 81.9% below the industry median. 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 Want Want China Holdings. For the Consumer Packaged Goods industry, the median Owner Earnings per Share (TTM) is 14.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Want Want China Holdings's current Owner Earnings per Share (TTM) is 2.63, which is 81% below median its own 10-year median of 14.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Want Want China Holdings stock overvalued right now?
Based on GuruFocus' analysis, Want Want China Holdings (WWNTY) is currently considered Significantly Undervalued. The stock's GF Value™ is $31.40, compared to a current price of $21.23 — trading 32.4% below its estimated fair value. The current Owner Earnings per Share (TTM) is 2.63, which is 81% below median its 10-year median of 14.00 and 81.9% below the Consumer Packaged Goods industry median of 14.56. Want Want China Holdings' overall GF Score™ is 69/100 with 1 warning sign 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 Want Want China Holdings (WWNTY), the current Owner Earnings per Share (TTM) is 2.63 as of Mar. 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 Want Want China Holdings (WWNTY) Overvalued in 2026?

Based on GuruFocus' analysis, Want Want China Holdings stock appears to be undervalued. The current stock price of $21.23 is trading 32.4% below its estimated GF Value™ of $31.40. GuruFocus considers Want Want China Holdings to be Significantly Undervalued.

Key valuation signals for WWNTY:

  • Owner Earnings per Share (TTM): 2.63 (81% below median its 10-year median of 14.00)
  • GF Value™: $31.40 vs. price of $21.23 (32.4% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 81.9% below the Consumer Packaged Goods median (#261 of 997)

No single metric tells the full story. See the WWNTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Want Want China Holdings Business Description

Other Exchanges 00151:Hong Kong4HQ:Germany
Address No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is a leading player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective segments. With a primary focus on mainland China, the company also exports to overseas markets. As of March 2025, Want Want China had 419 sales offices, 35 production bases, and 89 factories on the Chinese mainland and worked with around 10,000 distributors.
69GF Score

Get the complete analysis for WWNTY

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.23
Price
$31.40
GF Value