IGB Commercial REIT (XKLS:5299) Owner Earnings per Share (TTM): 0.00 (As of Dec. 2025)

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XKLS:5299 IGB Commercial REIT XKLS:5299
36 GF Score
Price RM0.61
GF Value RM0.63
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is IGB Commercial REIT Owner Earnings per Share (TTM)?

IGB Commercial REIT XKLS:5299 36 Owner Earnings per Share (TTM) is 0.00 as of Dec. 2025. GuruFocus rates XKLS:5299 with a GF Score™ of 36/100 and a GF Value™ of RM0.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 338 REITs companies, IGB Commercial REIT ranks worse than 295857.69% 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)."

IGB Commercial REIT 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 IGB Commercial REIT's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 8 years, the highest Price-to-Owner-Earnings ratio of IGB Commercial REIT was 21.11. The lowest was 16.96. And the median was 18.84.


XKLS:5299's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.15
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

IGB Commercial REIT's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was RM0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.04. It's PE Ratio (TTM) ratio for today is 13.86.

IGB Commercial REIT's EPS without NRI for the three months ended in Jun. 2026 was RM0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was RM0.04. It's PE Ratio without NRI ratio for today is 13.86.


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.


IGB Commercial REIT Owner Earnings per Share (TTM) Related Terms


IGB Commercial REIT Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for IGB Commercial REIT'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.

IGB Commercial REIT Owner Earnings per Share (TTM) Chart

IGB Commercial REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial 0.00 0.00 0.03 0.03 0.00

IGB Commercial REIT 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 0.00 0.00 0.00 0.00 0.00

XKLS:5299 vs BXP, ARE, VNO: Owner Earnings per Share (TTM) Comparison

For the REIT - Office subindustry, IGB Commercial REIT'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.


IGB Commercial REIT Price-to-Owner-Earnings vs REITs Industry

For the REITs industry and Real Estate sector, IGB Commercial REIT's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where IGB Commercial REIT's Price-to-Owner-Earnings falls into.


XKLS:5299
36GF Score
IGB Commercial REIT XKLS:5299
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Commercial REIT 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)

IGB Commercial REIT does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

What does a Owner Earnings per Share (TTM) of 0.00 mean?
IGB Commercial REIT (XKLS:5299) has a Owner Earnings per Share (TTM) of 0.00 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on IGB Commercial REIT. Over the past decade, IGB Commercial REIT's Owner Earnings per Share (TTM) has ranged from 16.96 to 21.11. According to the industry distribution chart, IGB Commercial REIT ranks #999999 out of 338 companies in the REITs industry.
Is IGB Commercial REIT's Owner Earnings per Share (TTM) too high?
IGB Commercial REIT's current Owner Earnings per Share (TTM) is 0.00. Over the past 10 years, this metric has ranged from a low of 16.96 to a high of 21.11. Based on the distribution chart, IGB Commercial REIT ranks #999999 out of 338 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, IGB Commercial REIT has a GF Score™ of 36/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Owner Earnings per Share (TTM) compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #999999 out of 338 companies for Owner Earnings per Share (TTM). This places IGB Commercial REIT in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 14.15. Historically, IGB Commercial REIT's own Owner Earnings per Share (TTM) has ranged from 16.96 to 21.11 over the past decade. 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 REITs company?
The median Owner Earnings per Share (TTM) among REITs companies is 14.15, based on 338 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 IGB Commercial REIT. For the REITs industry, the median Owner Earnings per Share (TTM) is 14.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT'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 IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 3.2% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. IGB Commercial REIT's overall GF Score™ is 36/100 with 7 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 IGB Commercial REIT (XKLS:5299), the current Owner Earnings per Share (TTM) is 0.00 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 IGB Commercial REIT (XKLS:5299) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued. The current stock price of RM0.61 is trading 3.2% below its estimated GF Value™ of RM0.63. GuruFocus considers IGB Commercial REIT to be Fairly Valued.

Key valuation signals for XKLS:5299:

  • Owner Earnings per Share (TTM): 0.00
  • GF Value™: RM0.63 vs. price of RM0.61 (3.2% below fair value)
  • GF Score™: 36/100 with 7 warning signs

No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Commercial REIT Business Description

Industry Real EstateREITs
Address Lingkaran Syed Putra, Level 32, The Gardens South Tower, Mid Valley City, Kuala Lumpur, SGR, MYS, 59200
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
36GF Score

Get the complete analysis for XKLS:5299

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

RM0.61
Price
RM0.63
GF Value