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Telekom Srpske a.dXBLB:TLKM-R-A -1.88%100 Owner Earnings per Share (TTM) is 0.50 as of Dec. 2025, which is 89% below its 10-year median of 4.66. GuruFocus rates XBLB:TLKM-R-A with a GF Score™ of 100/100 and a GF Value™ of BAM1.25 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 220 Telecommunication Services companies, Telekom Srpske a.d ranks better than 95.91% on this metric.
"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)."
Telekom Srpske a.d's Owner Earnings per Share (TTM) ended in Dec. 2025 was BAM0.50. It's Price-to-Owner-Earnings ratio for today is 1.98.
The historical rank and industry rank for Telekom Srpske a.d's Owner Earnings per Share (TTM) or its related term are showing as below:
XBLB:TLKM-R-A'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.31 Med: 4.66 Max: 6.02
Current: 2.03
XBLB:TLKM-R-A's Price-to-Owner-Earnings is ranked better than 95.91% of 220
companies
in the Telecommunication Services industry
Industry Median: 11.785
vs XBLB:TLKM-R-A: 2.03
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.
Telekom Srpske a.d Owner Earnings per Share (TTM) Related Terms
Telekom Srpske a.d Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Telekom Srpske a.d'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.
Telekom Srpske a.d Owner Earnings per Share (TTM) Chart
XBLB:TLKM-R-A vs TMUS, VZ, T: Owner Earnings per Share (TTM) Comparison
For the Telecom Services subindustry, Telekom Srpske a.d'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.
Telekom Srpske a.d Price-to-Owner-Earnings vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telekom Srpske a.d's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Telekom Srpske a.d'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)."
1. Start with "Net Income" from income statement. Telekom Srpske a.d's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was BAM150.6 Mil.
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.
Telekom Srpske a.d's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2025 was BAM0.0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = BAM80.5 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.
Telekom Srpske a.d's 5-Year Average Maintenance Capital Expenditure = BAM80.5 Mil
5. "Change In Working Capital" is from cashflow statement. Telekom Srpske a.d's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2025 was BAM0.0 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.
* 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 0.50 mean?
Telekom Srpske a.d (XBLB:TLKM-R-A) has a Owner Earnings per Share (TTM) of 0.50 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Telekom Srpske a.d. This is 89% below median its historical median of 4.66. Over the past decade, Telekom Srpske a.d's Owner Earnings per Share (TTM) has ranged from 1.31 to 6.02. According to the industry distribution chart, Telekom Srpske a.d ranks #9 out of 220 companies in the Telecommunication Services industry, placing it in the top 4.1%.
Is Telekom Srpske a.d's Owner Earnings per Share (TTM) too high?
Telekom Srpske a.d's current Owner Earnings per Share (TTM) of 0.50 is 89% below median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 6.02. The Telecommunication Services industry median Owner Earnings per Share (TTM) is 11.79. Telekom Srpske a.d's value of 0.50 is 95.8% below this industry median. Based on the distribution chart, Telekom Srpske a.d ranks #9 out of 220 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telekom Srpske a.d has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Telekom Srpske a.d's Owner Earnings per Share (TTM) compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telekom Srpske a.d ranks #9 out of 220 companies for Owner Earnings per Share (TTM). This places Telekom Srpske a.d in the top 4% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 11.79. Telekom Srpske a.d's value of 0.50 is 95.8% below this benchmark. Historically, Telekom Srpske a.d's own Owner Earnings per Share (TTM) has ranged from 1.31 to 6.02 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 11.79, Telekom Srpske a.d 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 Telecommunication Services company?
The median Owner Earnings per Share (TTM) among Telecommunication Services companies is 11.79, based on 220 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. Telekom Srpske a.d's current Owner Earnings per Share (TTM) of 0.50 is 95.8% 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 Telekom Srpske a.d. For the Telecommunication Services industry, the median Owner Earnings per Share (TTM) is 11.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telekom Srpske a.d's current Owner Earnings per Share (TTM) is 0.50, which is 89% below median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telekom Srpske a.d stock overvalued right now?
Based on GuruFocus' analysis, Telekom Srpske a.d (XBLB:TLKM-R-A) is currently considered Modestly Undervalued. The stock's GF Value™ is BAM1.25, compared to a current price of BAM0.99 — trading 20.7% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.50, which is 89% below median its 10-year median of 4.66 and 95.8% below the Telecommunication Services industry median of 11.79. Telekom Srpske a.d's overall GF Score™ is 100/100 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 Telekom Srpske a.d (XBLB:TLKM-R-A), the current Owner Earnings per Share (TTM) is 0.50 as of Dec. 2025. 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 Telekom Srpske a.d (XBLB:TLKM-R-A) Overvalued in 2026?
Based on GuruFocus' analysis, Telekom Srpske a.d stock appears to be undervalued.
The current stock price of BAM0.99 is trading 20.7% below its estimated GF Value™ of BAM1.25.
GuruFocus considers Telekom Srpske a.d to be Modestly Undervalued.
Key valuation signals for XBLB:TLKM-R-A:
Owner Earnings per Share (TTM): 0.50 (89% below median its 10-year median of 4.66)
GF Value™: BAM1.25 vs. price of BAM0.99 (20.7% below fair value)
Industry Position: 95.8% below the Telecommunication Services median (#9 of 220)
No single metric tells the full story. See the XBLB:TLKM-R-A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telekom Srpske a.d is a telecommunications company. It offers telecommunication services in the field of mobile telephony, fixed telephony, digital television, the Internet and data transfer. In addition to its core business, the company also offers a wide range of other telecommunication services, including other fixed telephone services, data transfer, lease lines, as well as additional services in the field of mobile telephony, internet and multimedia services. The company also provides services in the field of leasing, construction, management and protection of telecommunication infrastructure.
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