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S & F Capital BhdXKLS:8745 -14.29% Owner Earnings per Share (TTM) is -0.03 as of Mar. 2026. The stock has 10 warning signs investors should review. Among 799 Real Estate companies, S & F Capital Bhd ranks worse than 125156.32% on this metric.
"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)."
S & F Capital Bhd's Owner Earnings per Share (TTM) ended in Mar. 2026 was RM-0.03. It's Price-to-Owner-Earnings ratio for today is 0.
The historical rank and industry rank for S & F Capital Bhd's Owner Earnings per Share (TTM) or its related term are showing as below:
XKLS:8745's Price-to-Owner-Earnings is not ranked *
in the Real Estate industry.
Industry Median: 10.12 * Ranked among companies with meaningful Price-to-Owner-Earnings only.
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.
S & F Capital Bhd Owner Earnings per Share (TTM) Related Terms
S & F Capital Bhd Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for S & F Capital 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.
S & F Capital Bhd Owner Earnings per Share (TTM) Chart
S & F Capital Bhd Owner Earnings per Share (TTM) Competitor Comparison
For the Real Estate - Diversified subindustry, S & F Capital 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.
S & F Capital Bhd Price-to-Owner-Earnings vs Real Estate Industry
For the Real Estate industry and Real Estate sector, S & F Capital Bhd's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where S & F Capital Bhd's Price-to-Owner-Earnings falls into.
"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)."
1. Start with "Net Income" from income statement. S & F Capital Bhd's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM-3.60 Mil.
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.
S & F Capital Bhd's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.00 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = RM0.39 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.
S & F Capital Bhd's 5-Year Average Maintenance Capital Expenditure = RM0.39 Mil
5. "Change In Working Capital" is from cashflow statement. S & F Capital Bhd's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was RM-17.91 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.
* 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 -0.03 mean?
S & F Capital Bhd (XKLS:8745) has a Owner Earnings per Share (TTM) of -0.03 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on S & F Capital Bhd. According to the industry distribution chart, S & F Capital Bhd ranks #999999 out of 799 companies in the Real Estate industry.
Is S & F Capital Bhd's Owner Earnings per Share (TTM) too high?
S & F Capital Bhd's current Owner Earnings per Share (TTM) is -0.03. Based on the distribution chart, S & F Capital Bhd ranks #999999 out of 799 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does S & F Capital Bhd's Owner Earnings per Share (TTM) compare to competitors?
According to the Real Estate industry distribution chart, S & F Capital Bhd ranks #999999 out of 799 companies for Owner Earnings per Share (TTM). This places S & F Capital Bhd in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 10.12. 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 10.12, based on 799 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 S & F Capital Bhd. For the Real Estate industry, the median Owner Earnings per Share (TTM) is 10.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S & F Capital Bhd's current Owner Earnings per Share (TTM) is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S & F Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, S & F Capital Bhd (XKLS:8745) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.06 — trading 200% above its estimated fair value. The current Owner Earnings per Share (TTM) is -0.03. 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 S & F Capital Bhd (XKLS:8745), the current Owner Earnings per Share (TTM) is -0.03 as of Mar. 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.
S & F Capital Bhd formerly Leweko Resources Bhd is an investment holding company. The company's operating segment includes Construction and properties development and Others. It generates maximum revenue from the Construction and properties development segment. The Construction and properties development segment includes property investment holding, property development, construction of houses, building infrastructure, and other related contract works.
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