Aemulus Holdings Bhd (XKLS:0181) Owner Earnings per Share (TTM): 0.01 (As of Jun. 2026)

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XKLS:0181 Aemulus Holdings Bhd XKLS:0181
40 GF Score
Price RM0.42
GF Value RM0.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Aemulus Holdings Bhd Owner Earnings per Share (TTM)?

Aemulus Holdings Bhd XKLS:0181 -3.49% 40 Owner Earnings per Share (TTM) is 0.01 as of Jun. 2026. GuruFocus rates XKLS:0181 with a GF Score™ of 40/100 and a GF Value™ of RM0.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 436 Semiconductors companies, Aemulus Holdings Bhd ranks worse than 229357.57% 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)."

Aemulus Holdings Bhd's Owner Earnings per Share (TTM) ended in Jun. 2026 was RM0.01. It's Price-to-Owner-Earnings ratio for today is 41.5.


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

XKLS:0181' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 0   Med: 0   Max: 34.58
Current: 34.58


During the past 11 years, the highest Price-to-Owner-Earnings ratio of Aemulus Holdings Bhd was 34.58. The lowest was 0.00. And the median was 0.00.


XKLS:0181's Price-to-Owner-Earnings is not ranked
in the Semiconductors industry.
Industry Median: 40.97 vs XKLS:0181: 34.58

Aemulus Holdings Bhd's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was RM0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.01. It's PE Ratio (TTM) ratio for today is 59.29.

Aemulus Holdings Bhd's EPS without NRI for the three months ended in Jun. 2026 was RM0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.01. It's PE Ratio without NRI ratio for today is 59.29.


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.


Aemulus Holdings Bhd Owner Earnings per Share (TTM) Related Terms


Aemulus Holdings Bhd Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Aemulus Holdings Bhd'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.

Aemulus Holdings Bhd Owner Earnings per Share (TTM) Chart

Aemulus Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.08 -0.08 -0.04 -0.02

Aemulus Holdings Bhd Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.03 -0.02 -0.01 -0.03 0.01

XKLS:0181 vs AMAT, LRCX, KLAC: Owner Earnings per Share (TTM) Comparison

For the Semiconductor Equipment & Materials subindustry, Aemulus Holdings Bhd'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.


Aemulus Holdings Bhd Price-to-Owner-Earnings vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Aemulus Holdings Bhd's Price-to-Owner-Earnings distribution charts can be found below:

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


XKLS:0181
40GF Score
Aemulus Holdings Bhd XKLS:0181
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aemulus Holdings Bhd 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)

Aemulus Holdings Bhd's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 0.56
Depreciation, Depletion and Amortization 10.00
Change In Deferred Tax 0.00
5Y Average of Maintenance Capital Expenditure 7.21
Change In Working Capital 4.89
Shares Outstanding (Diluted Average) 672.59

1. Start with "Net Income" from income statement. Aemulus Holdings Bhd's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.56 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Aemulus Holdings Bhd's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was RM10.00 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. Aemulus Holdings Bhd's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.00 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = RM7.21 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.

Aemulus Holdings Bhd's 5-Year Average Maintenance Capital Expenditure = RM7.21 Mil

5. "Change In Working Capital" is from cashflow statement. Aemulus Holdings Bhd's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was RM4.89 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. Aemulus Holdings Bhd's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 672.590 Mil.

Aemulus Holdings Bhd's Onwer Earnings Per Share for Jun. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 0.555 +9.999+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-7.2080130336735+4.891)/672.590
=0.01

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.415/0.01
=41.5

* 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 0.01 mean?
Aemulus Holdings Bhd (XKLS:0181) has a Owner Earnings per Share (TTM) of 0.01 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Aemulus Holdings Bhd. According to the industry distribution chart, Aemulus Holdings Bhd ranks #999999 out of 436 companies in the Semiconductors industry.
Is Aemulus Holdings Bhd's Owner Earnings per Share (TTM) too high?
Aemulus Holdings Bhd's current Owner Earnings per Share (TTM) is 0.01. The Semiconductors industry median Owner Earnings per Share (TTM) is 40.97. Aemulus Holdings Bhd's value of 0.01 is 100% below this industry median. Based on the distribution chart, Aemulus Holdings Bhd ranks #999999 out of 436 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Aemulus Holdings Bhd has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aemulus Holdings Bhd's Owner Earnings per Share (TTM) compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Aemulus Holdings Bhd ranks #999999 out of 436 companies for Owner Earnings per Share (TTM). This places Aemulus Holdings Bhd in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 40.97. Aemulus Holdings Bhd's value of 0.01 is 100% below this benchmark. 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 Semiconductors company?
The median Owner Earnings per Share (TTM) among Semiconductors companies is 40.97, based on 436 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. Aemulus Holdings Bhd's current Owner Earnings per Share (TTM) of 0.01 is 100% 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 Aemulus Holdings Bhd. For the Semiconductors industry, the median Owner Earnings per Share (TTM) is 40.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aemulus Holdings Bhd's current Owner Earnings per Share (TTM) is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aemulus Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Aemulus Holdings Bhd (XKLS:0181) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.56, compared to a current price of RM0.42 — trading 25.9% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.01 and 100% below the Semiconductors industry median of 40.97. Aemulus Holdings Bhd's overall GF Score™ is 40/100 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 Aemulus Holdings Bhd (XKLS:0181), the current Owner Earnings per Share (TTM) is 0.01 as of Jun. 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 Aemulus Holdings Bhd (XKLS:0181) Overvalued in 2026?

Based on GuruFocus' analysis, Aemulus Holdings Bhd stock appears to be undervalued. The current stock price of RM0.42 is trading 25.9% below its estimated GF Value™ of RM0.56. GuruFocus considers Aemulus Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0181:

  • Owner Earnings per Share (TTM): 0.01
  • GF Value™: RM0.56 vs. price of RM0.42 (25.9% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 100% below the Semiconductors median (#999999 of 436)

No single metric tells the full story. See the XKLS:0181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aemulus Holdings Bhd Business Description

Address No. 25, Jalan Sultan Azlan Shah, Zon Perindustrian Bayan Lepas, Phase 1, Bayan Lepas, PNG, MYS, 11900
Aemulus Holdings Bhd is engaged in designing and assembling automated test equipment and test and measurement instruments and the provision of their related services and design consultancy services. It operates through the electronic tester segment. Its products include Amoeba 1831, Analog Amoeba 4200, Digital/Mixed Signal Amoeba 5600, and RF Amoeba 7600-S. Geographically, it derives a majority of its revenue from China.
40GF Score

Get the complete analysis for XKLS:0181

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

RM0.42
Price
RM0.56
GF Value