EG Industries Bhd (XKLS:8907) Owner Earnings per Share (TTM): 0.10 (As of Mar. 2026) — 99% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:8907 EG Industries Bhd XKLS:8907
52 GF Score
Price RM1.70
GF Value RM1.30
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is EG Industries Bhd Owner Earnings per Share (TTM)?

EG Industries Bhd XKLS:8907 -5.56% 52 Owner Earnings per Share (TTM) is 0.10 as of Mar. 2026, which is 99% below its 10-year median of 12.85. GuruFocus rates XKLS:8907 with a GF Score™ of 52/100 and a GF Value™ of RM1.30 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,105 Hardware companies, EG Industries Bhd ranks better than 59.28% 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)."

EG Industries Bhd's Owner Earnings per Share (TTM) ended in Mar. 2026 was RM0.10. It's Price-to-Owner-Earnings ratio for today is 17.


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

XKLS:8907' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.3   Med: 12.85   Max: 237.5
Current: 18.4


During the past 13 years, the highest Price-to-Owner-Earnings ratio of EG Industries Bhd was 237.50. The lowest was 1.30. And the median was 12.85.


XKLS:8907's Price-to-Owner-Earnings is ranked better than
59.28% of 1105 companies
in the Hardware industry
Industry Median: 26.21 vs XKLS:8907: 18.40

EG Industries Bhd's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was RM0.02. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.10. It's PE Ratio (TTM) ratio for today is 17.00.

EG Industries Bhd's EPS without NRI for the three months ended in Mar. 2026 was RM0.02. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was RM0.10. It's PE Ratio without NRI ratio for today is 17.00.


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.


EG Industries Bhd Owner Earnings per Share (TTM) Related Terms


EG Industries Bhd Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for EG Industries 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.

EG Industries Bhd Owner Earnings per Share (TTM) Chart

EG Industries Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.11 -0.11 0.05 0.03

EG Industries Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.11 0.03 0.07 0.08 0.10

XKLS:8907 vs APH, GLW, TEL: Owner Earnings per Share (TTM) Comparison

For the Electronic Components subindustry, EG Industries 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.


EG Industries Bhd Price-to-Owner-Earnings vs Hardware Industry

For the Hardware industry and Technology sector, EG Industries Bhd's Price-to-Owner-Earnings distribution charts can be found below:

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


XKLS:8907
52GF Score
EG Industries Bhd XKLS:8907
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EG Industries 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)

EG Industries Bhd's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 107
Depreciation, Depletion and Amortization 64
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 76
Change In Working Capital 10
Shares Outstanding (Diluted Average) 1,041

1. Start with "Net Income" from income statement. EG Industries Bhd's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was RM107 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. EG Industries Bhd's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Mar. 2026 was RM64 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. EG Industries Bhd's Change In Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2026 was RM0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = RM76 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.

EG Industries Bhd's 5-Year Average Maintenance Capital Expenditure = RM76 Mil

5. "Change In Working Capital" is from cashflow statement. EG Industries Bhd's Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 was RM10 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. EG Industries Bhd's Shares Outstanding (Diluted Average) for the months ended in Mar. 2026 was 1041.462 Mil.

EG Industries Bhd's Onwer Earnings Per Share for Mar. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 106.671 +63.827+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-76.292031370773+10.224)/1041.462
=0.10

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=1.70/0.10
=17

* 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 0.10 mean?
EG Industries Bhd (XKLS:8907) has a Owner Earnings per Share (TTM) of 0.10 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on EG Industries Bhd. This is 99% below median its historical median of 12.85. Over the past decade, EG Industries Bhd's Owner Earnings per Share (TTM) has ranged from 1.30 to 237.50. According to the industry distribution chart, EG Industries Bhd ranks #450 out of 1105 companies in the Hardware industry, placing it in the top 40.7%.
Is EG Industries Bhd's Owner Earnings per Share (TTM) too high?
EG Industries Bhd's current Owner Earnings per Share (TTM) of 0.10 is 99% below median its 10-year median of 12.85. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 237.50. The Hardware industry median Owner Earnings per Share (TTM) is 26.21. EG Industries Bhd's value of 0.10 is 99.6% below this industry median. Based on the distribution chart, EG Industries Bhd ranks #450 out of 1105 companies in the Hardware industry, which is above the industry midpoint. Overall, EG Industries Bhd has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EG Industries Bhd's Owner Earnings per Share (TTM) compare to APH and GLW?
According to the Hardware industry distribution chart, EG Industries Bhd ranks #450 out of 1105 companies for Owner Earnings per Share (TTM). This puts EG Industries Bhd in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 26.21. EG Industries Bhd's value of 0.10 is 99.6% below this benchmark. Historically, EG Industries Bhd's own Owner Earnings per Share (TTM) has ranged from 1.30 to 237.50 over the past decade. While the company's 10-year median is 12.85 vs. the industry median of 26.21, EG Industries 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 Hardware company?
The median Owner Earnings per Share (TTM) among Hardware companies is 26.21, based on 1,105 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. EG Industries Bhd's current Owner Earnings per Share (TTM) of 0.10 is 99.6% 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 EG Industries Bhd. For the Hardware industry, the median Owner Earnings per Share (TTM) is 26.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EG Industries Bhd's current Owner Earnings per Share (TTM) is 0.10, which is 99% below median its own 10-year median of 12.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EG Industries Bhd stock overvalued right now?
Based on GuruFocus' analysis, EG Industries Bhd (XKLS:8907) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.30, compared to a current price of RM1.70 — trading 30.8% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.10, which is 99% below median its 10-year median of 12.85 and 99.6% below the Hardware industry median of 26.21. EG Industries Bhd's overall GF Score™ is 52/100 with 11 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 EG Industries Bhd (XKLS:8907), the current Owner Earnings per Share (TTM) is 0.10 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.

Is EG Industries Bhd (XKLS:8907) Overvalued in 2026?

Based on GuruFocus' analysis, EG Industries Bhd stock appears to be overvalued. The current stock price of RM1.70 is trading 30.8% above its estimated GF Value™ of RM1.30. GuruFocus considers EG Industries Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:8907:

  • Owner Earnings per Share (TTM): 0.10 (99% below median its 10-year median of 12.85)
  • GF Value™: RM1.30 vs. price of RM1.70 (30.8% above fair value)
  • GF Score™: 52/100 with 11 warning signs
  • Industry Position: 99.6% below the Hardware median (#450 of 1105)

No single metric tells the full story. See the XKLS:8907 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EG Industries Bhd Business Description

Address Jalan 4, Plot 102, Bakar Arang Industrial Estate, Sungai Petani, KDH, MYS, 8000
EG Industries Bhd is an investment holding company, which engages in the provision of management services. Along with its subsidiaries, the company operates through the following segments: Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company offers manufacturing services for computer peripherals, consumer electronic/electrical products, medical equipment, automotive industrial products, and telecommunication and other technological products industries. Geographically, it derives maximum revenue from Thailand.
52GF Score

Get the complete analysis for XKLS:8907

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

RM1.70
Price
RM1.30
GF Value