Astro Malaysia Holdings Bhd (XKLS:6399) Owner Earnings per Share (TTM): -0.11 (As of Apr. 2026)

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

Astro Malaysia Holdings Bhd XKLS:6399 -7.69% Owner Earnings per Share (TTM) is -0.11 as of Apr. 2026. The stock has 7 warning signs investors should review. Among 450 Media - Diversified companies, Astro Malaysia Holdings Bhd ranks worse than 222222% 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)."

Astro Malaysia Holdings Bhd's Owner Earnings per Share (TTM) ended in Apr. 2026 was RM-0.11. It's Price-to-Owner-Earnings ratio for today is 0.


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


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Astro Malaysia Holdings Bhd was 915.00. The lowest was 46.56. And the median was 139.74.


XKLS:6399's Price-to-Owner-Earnings is not ranked *
in the Media - Diversified industry.
Industry Median: 12.015
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Astro Malaysia Holdings Bhd's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was RM0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.01. It's PE Ratio (TTM) ratio for today is 6.00.

Astro Malaysia Holdings Bhd's EPS without NRI for the three months ended in Apr. 2026 was RM0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.03. It's PE Ratio without NRI ratio for today is 2.40.


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.


Astro Malaysia Holdings Bhd Owner Earnings per Share (TTM) Related Terms


Astro Malaysia Holdings Bhd Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Astro Malaysia 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.

Astro Malaysia Holdings Bhd Owner Earnings per Share (TTM) Chart

Astro Malaysia Holdings Bhd Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.04 -0.10 -0.09 -0.10

Astro Malaysia Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.08 -0.10 -0.11 -0.10 -0.11

XKLS:6399 vs NFLX, DIS, WBD: Owner Earnings per Share (TTM) Comparison

For the Entertainment subindustry, Astro Malaysia 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.


Astro Malaysia Holdings Bhd Price-to-Owner-Earnings vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Astro Malaysia Holdings Bhd's Price-to-Owner-Earnings distribution charts can be found below:

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



Astro Malaysia 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)

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

TTM / Last Quarter Average of Last 20 Quarters
Net Income 51
Depreciation, Depletion and Amortization 0
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 451
Change In Working Capital -150
Shares Outstanding (Diluted Average) 5,226

1. Start with "Net Income" from income statement. Astro Malaysia Holdings Bhd's Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was RM51 Mil.

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

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = RM451 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.

Astro Malaysia Holdings Bhd's 5-Year Average Maintenance Capital Expenditure = RM451 Mil

5. "Change In Working Capital" is from cashflow statement. Astro Malaysia Holdings Bhd's Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 was RM-150 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. Astro Malaysia Holdings Bhd's Shares Outstanding (Diluted Average) for the months ended in Apr. 2026 was 5225.800 Mil.

Astro Malaysia Holdings Bhd's Onwer Earnings Per Share for Apr. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 51.2 +0+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-451.2587414083+-150.262)/5225.800
=-0.11

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.06/-0.11
=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 -0.11 mean?
Astro Malaysia Holdings Bhd (XKLS:6399) has a Owner Earnings per Share (TTM) of -0.11 as of Apr. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Astro Malaysia Holdings Bhd. Over the past decade, Astro Malaysia Holdings Bhd's Owner Earnings per Share (TTM) has ranged from 46.56 to 915.00. According to the industry distribution chart, Astro Malaysia Holdings Bhd ranks #999999 out of 450 companies in the Media - Diversified industry.
Is Astro Malaysia Holdings Bhd's Owner Earnings per Share (TTM) too high?
Astro Malaysia Holdings Bhd's current Owner Earnings per Share (TTM) is -0.11. Over the past 10 years, this metric has ranged from a low of 46.56 to a high of 915.00. Based on the distribution chart, Astro Malaysia Holdings Bhd ranks #999999 out of 450 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Astro Malaysia Holdings Bhd's Owner Earnings per Share (TTM) compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Astro Malaysia Holdings Bhd ranks #999999 out of 450 companies for Owner Earnings per Share (TTM). This places Astro Malaysia Holdings Bhd in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 12.02. Historically, Astro Malaysia Holdings Bhd's own Owner Earnings per Share (TTM) has ranged from 46.56 to 915.00 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 Media - Diversified company?
The median Owner Earnings per Share (TTM) among Media - Diversified companies is 12.02, based on 450 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 Astro Malaysia Holdings Bhd. For the Media - Diversified industry, the median Owner Earnings per Share (TTM) is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astro Malaysia Holdings Bhd's current Owner Earnings per Share (TTM) is -0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astro Malaysia Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Astro Malaysia Holdings Bhd (XKLS:6399) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.06 — trading 70% below its estimated fair value. The current Owner Earnings per Share (TTM) is -0.11. 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 Astro Malaysia Holdings Bhd (XKLS:6399), the current Owner Earnings per Share (TTM) is -0.11 as of Apr. 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.

Astro Malaysia Holdings Bhd Business Description

Address Lebuhraya Puchong-Sungai Besi, Technology Park Malaysia, All Asia Broadcast Centre, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Astro Malaysia Holdings Bhd is an entertainment holding company operating in the diversified media industry. The company's business segments include Television, Radio, and others. The Television segment provides content, creation, and aggregation of media. Additionally, it provides magazine publication and distribution. The radio segment provides radio broadcasting services to customers. The company generates the majority of its revenue in Malaysia.