JKG Land Bhd (XKLS:6769) Owner Earnings per Share (TTM): 0.08 (As of Apr. 2026) — 98% Below Median

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XKLS:6769 JKG Land Bhd XKLS:6769
60 GF Score
Price RM0.12
GF Value RM0.10
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is JKG Land Bhd Owner Earnings per Share (TTM)?

JKG Land Bhd XKLS:6769 +4.55% 60 Owner Earnings per Share (TTM) is 0.08 as of Apr. 2026, which is 98% below its 10-year median of 5.33. GuruFocus rates XKLS:6769 with a GF Score™ of 60/100 and a GF Value™ of RM0.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 790 Real Estate companies, JKG Land Bhd ranks better than 92.66% 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)."

JKG Land Bhd's Owner Earnings per Share (TTM) ended in Apr. 2026 was RM0.08. It's Price-to-Owner-Earnings ratio for today is 1.44.


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

XKLS:6769' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.28   Med: 5.33   Max: 57.5
Current: 1.38


During the past 13 years, the highest Price-to-Owner-Earnings ratio of JKG Land Bhd was 57.50. The lowest was 1.28. And the median was 5.33.


XKLS:6769's Price-to-Owner-Earnings is ranked better than
92.66% of 790 companies
in the Real Estate industry
Industry Median: 9.755 vs XKLS:6769: 1.38

JKG Land 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 RM0.02. It's PE Ratio (TTM) ratio for today is 5.48.

JKG Land 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 RM0.02. It's PE Ratio without NRI ratio for today is 5.48.


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.


JKG Land Bhd Owner Earnings per Share (TTM) Related Terms


JKG Land Bhd Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for JKG Land 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.

JKG Land Bhd Owner Earnings per Share (TTM) Chart

JKG Land 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 0.01 0.03 -0.01 0.01 0.08

JKG Land 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 0.01 0.03 0.04 0.08 0.08

JKG Land Bhd Owner Earnings per Share (TTM) Competitor Comparison

For the Real Estate - Development subindustry, JKG Land 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.


JKG Land Bhd Price-to-Owner-Earnings vs Real Estate Industry

For the Real Estate industry and Real Estate sector, JKG Land Bhd's Price-to-Owner-Earnings distribution charts can be found below:

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


XKLS:6769
60GF Score
JKG Land Bhd XKLS:6769
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JKG Land 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)

JKG Land Bhd's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 50.1
Depreciation, Depletion and Amortization 4.4
Change In Deferred Tax 0.0
5Y Average of Maintenance Capital Expenditure 9.0
Change In Working Capital 135.7
Shares Outstanding (Diluted Average) 2,274.9

1. Start with "Net Income" from income statement. JKG Land Bhd's Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was RM50.1 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. JKG Land Bhd's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Apr. 2026 was RM4.4 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. JKG Land 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 = RM9.0 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.

JKG Land Bhd's 5-Year Average Maintenance Capital Expenditure = RM9.0 Mil

5. "Change In Working Capital" is from cashflow statement. JKG Land Bhd's Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 was RM135.7 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. JKG Land Bhd's Shares Outstanding (Diluted Average) for the months ended in Apr. 2026 was 2274.930 Mil.

JKG Land 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
=( 50.073 +4.409+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-9.0487354536075+135.662)/2274.930
=0.08

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.115/0.08
=1.44

* 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 0.08 mean?
JKG Land Bhd (XKLS:6769) has a Owner Earnings per Share (TTM) of 0.08 as of Apr. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on JKG Land Bhd. This is 98% below median its historical median of 5.33. Over the past decade, JKG Land Bhd's Owner Earnings per Share (TTM) has ranged from 1.28 to 57.50. According to the industry distribution chart, JKG Land Bhd ranks #58 out of 790 companies in the Real Estate industry, placing it in the top 7.3%.
Is JKG Land Bhd's Owner Earnings per Share (TTM) too high?
JKG Land Bhd's current Owner Earnings per Share (TTM) of 0.08 is 98% below median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 57.50. The Real Estate industry median Owner Earnings per Share (TTM) is 9.76. JKG Land Bhd's value of 0.08 is 99.2% below this industry median. Based on the distribution chart, JKG Land Bhd ranks #58 out of 790 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, JKG Land Bhd has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JKG Land Bhd's Owner Earnings per Share (TTM) compare to competitors?
According to the Real Estate industry distribution chart, JKG Land Bhd ranks #58 out of 790 companies for Owner Earnings per Share (TTM). This places JKG Land Bhd in the top 7% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 9.76. JKG Land Bhd's value of 0.08 is 99.2% below this benchmark. Historically, JKG Land Bhd's own Owner Earnings per Share (TTM) has ranged from 1.28 to 57.50 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 9.76, JKG Land 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 Real Estate company?
The median Owner Earnings per Share (TTM) among Real Estate companies is 9.76, based on 790 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. JKG Land Bhd's current Owner Earnings per Share (TTM) of 0.08 is 99.2% 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 JKG Land Bhd. For the Real Estate industry, the median Owner Earnings per Share (TTM) is 9.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JKG Land Bhd's current Owner Earnings per Share (TTM) is 0.08, which is 98% below median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JKG Land Bhd stock overvalued right now?
Based on GuruFocus' analysis, JKG Land Bhd (XKLS:6769) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.12 — trading 15% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.08, which is 98% below median its 10-year median of 5.33 and 99.2% below the Real Estate industry median of 9.76. JKG Land Bhd's overall GF Score™ is 60/100 with 3 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 JKG Land Bhd (XKLS:6769), the current Owner Earnings per Share (TTM) is 0.08 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 JKG Land Bhd (XKLS:6769) Overvalued in 2026?

Based on GuruFocus' analysis, JKG Land Bhd stock appears to be overvalued. The current stock price of RM0.12 is trading 15% above its estimated GF Value™ of RM0.10. GuruFocus considers JKG Land Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:6769:

  • Owner Earnings per Share (TTM): 0.08 (98% below median its 10-year median of 5.33)
  • GF Value™: RM0.10 vs. price of RM0.12 (15% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 99.2% below the Real Estate median (#58 of 790)

No single metric tells the full story. See the XKLS:6769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JKG Land Bhd Business Description

Address No. 282, Jalan Raja Laut, 29th Floor, Menara JKG, Kuala Lumpur, SGR, MYS, 50350
JKG Land Bhd is a Malaysia-based company engaged in the real estate business. The business activity of the group is operated through property development, cultivation of oil palm; and Other segments. Its property development segment is engaged in the development of residential and commercial properties. The cultivation of the oil palm segment involves the cultivation and sale of oil palm fruits. Other segments comprise operations related to investment holding and others. It derives maximum revenue from the property development segment. Geographically, it operates only in Malaysia.
60GF Score

Get the complete analysis for XKLS:6769

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

RM0.12
Price
RM0.10
GF Value