Apollo Food Holdings Bhd (XKLS:6432) Owner Earnings per Share (TTM): 0.37 (As of Apr. 2026) — 98% Below Median

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XKLS:6432 Apollo Food Holdings Bhd XKLS:6432
87 GF Score
Price RM5.81
GF Value RM6.91
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

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

Apollo Food Holdings Bhd XKLS:6432 +0.17% 87 Owner Earnings per Share (TTM) is 0.37 as of Apr. 2026, which is 98% below its 10-year median of 15.36. GuruFocus rates XKLS:6432 with a GF Score™ of 87/100 and a GF Value™ of RM6.91 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 961 Consumer Packaged Goods companies, Apollo Food Holdings Bhd ranks worse than 52.65% 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)."

Apollo Food Holdings Bhd's Owner Earnings per Share (TTM) ended in Apr. 2026 was RM0.37. It's Price-to-Owner-Earnings ratio for today is 15.7.


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

XKLS:6432' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.32   Med: 15.36   Max: 462.14
Current: 15.62


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Apollo Food Holdings Bhd was 462.14. The lowest was 6.32. And the median was 15.36.


XKLS:6432's Price-to-Owner-Earnings is ranked worse than
52.65% of 961 companies
in the Consumer Packaged Goods industry
Industry Median: 14.94 vs XKLS:6432: 15.62

Apollo Food Holdings Bhd's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was RM0.12. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.43. It's PE Ratio (TTM) ratio for today is 13.45.

Apollo Food Holdings Bhd's EPS without NRI for the three months ended in Apr. 2026 was RM0.12. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.43. It's PE Ratio without NRI ratio for today is 13.45.


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.


Apollo Food Holdings Bhd Owner Earnings per Share (TTM) Related Terms


Apollo Food Holdings Bhd Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Apollo Food 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.

Apollo Food Holdings Bhd Owner Earnings per Share (TTM) Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.45 0.87 0.30 0.37

Apollo Food 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 0.30 0.15 0.01 0.33 0.37

XKLS:6432 vs MDLZ, HSY, TR: Owner Earnings per Share (TTM) Comparison

For the Confectioners subindustry, Apollo Food 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.


Apollo Food Holdings Bhd Price-to-Owner-Earnings vs Consumer Packaged Goods Industry

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

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


XKLS:6432
87GF Score
Apollo Food Holdings Bhd XKLS:6432
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Food 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)

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

TTM / Last Quarter Average of Last 20 Quarters
Net Income 34.5
Depreciation, Depletion and Amortization 7.6
Change In Deferred Tax 0.0
5Y Average of Maintenance Capital Expenditure 15.2
Change In Working Capital 2.9
Shares Outstanding (Diluted Average) 80.0

1. Start with "Net Income" from income statement. Apollo Food Holdings Bhd's Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was RM34.5 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Apollo Food Holdings Bhd's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Apr. 2026 was RM7.6 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. Apollo Food Holdings Bhd's Change In Deferred Tax for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = RM15.2 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.

Apollo Food Holdings Bhd's 5-Year Average Maintenance Capital Expenditure = RM15.2 Mil

5. "Change In Working Capital" is from cashflow statement. Apollo Food Holdings Bhd's Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.9 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. Apollo Food Holdings Bhd's Shares Outstanding (Diluted Average) for the months ended in Apr. 2026 was 80.000 Mil.

Apollo Food 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
=( 34.488 +7.551+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-15.157177899497+2.864)/80.000
=0.37

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=5.81/0.37
=15.7

* 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 0.37 mean?
Apollo Food Holdings Bhd (XKLS:6432) has a Owner Earnings per Share (TTM) of 0.37 as of Apr. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Apollo Food Holdings Bhd. This is 98% below median its historical median of 15.36. Over the past decade, Apollo Food Holdings Bhd's Owner Earnings per Share (TTM) has ranged from 6.32 to 462.14. According to the industry distribution chart, Apollo Food Holdings Bhd ranks #506 out of 961 companies in the Consumer Packaged Goods industry, placing it in the top 52.7%.
Is Apollo Food Holdings Bhd's Owner Earnings per Share (TTM) too high?
Apollo Food Holdings Bhd's current Owner Earnings per Share (TTM) of 0.37 is 98% below median its 10-year median of 15.36. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 462.14. The Consumer Packaged Goods industry median Owner Earnings per Share (TTM) is 14.94. Apollo Food Holdings Bhd's value of 0.37 is 97.5% below this industry median. Based on the distribution chart, Apollo Food Holdings Bhd ranks #506 out of 961 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Apollo Food Holdings Bhd has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Food Holdings Bhd's Owner Earnings per Share (TTM) compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Apollo Food Holdings Bhd ranks #506 out of 961 companies for Owner Earnings per Share (TTM). This places Apollo Food Holdings Bhd in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 14.94. Apollo Food Holdings Bhd's value of 0.37 is 97.5% below this benchmark. Historically, Apollo Food Holdings Bhd's own Owner Earnings per Share (TTM) has ranged from 6.32 to 462.14 over the past decade. While the company's 10-year median is 15.36 vs. the industry median of 14.94, Apollo Food Holdings Bhd 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 14.94, based on 961 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. Apollo Food Holdings Bhd's current Owner Earnings per Share (TTM) of 0.37 is 97.5% 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 Apollo Food Holdings Bhd. For the Consumer Packaged Goods industry, the median Owner Earnings per Share (TTM) is 14.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Food Holdings Bhd's current Owner Earnings per Share (TTM) is 0.37, which is 98% below median its own 10-year median of 15.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Food Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd (XKLS:6432) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.91, compared to a current price of RM5.81 — trading 15.9% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.37, which is 98% below median its 10-year median of 15.36 and 97.5% below the Consumer Packaged Goods industry median of 14.94. Apollo Food Holdings Bhd's overall GF Score™ is 87/100 with 2 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 Apollo Food Holdings Bhd (XKLS:6432), the current Owner Earnings per Share (TTM) is 0.37 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.

Is Apollo Food Holdings Bhd (XKLS:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Food Holdings Bhd stock appears to be undervalued. The current stock price of RM5.81 is trading 15.9% below its estimated GF Value™ of RM6.91. GuruFocus considers Apollo Food Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6432:

  • Owner Earnings per Share (TTM): 0.37 (98% below median its 10-year median of 15.36)
  • GF Value™: RM6.91 vs. price of RM5.81 (15.9% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 97.5% below the Consumer Packaged Goods median (#506 of 961)

No single metric tells the full story. See the XKLS:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Food Holdings Bhd Business Description

Address No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and the provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution of compound chocolates, chocolate confectionery products, and cakes. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in ASEAN (excluding Malaysia).
87GF Score

Get the complete analysis for XKLS:6432

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

RM5.81
Price
RM6.91
GF Value