MindArk PE AB (XSAT:MNDRK) Owner Earnings per Share (TTM): (As of Mar. 2026)

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XSAT:MNDRK MindArk PE AB XSAT:MNDRK
52 GF Score
Price kr0.88
GF Value kr1.36
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is MindArk PE AB Owner Earnings per Share (TTM)?

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)."

MindArk PE AB does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


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



XSAT:MNDRK's Price-to-Owner-Earnings is not ranked *
in the Software industry.
Industry Median: 18.46
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

MindArk PE AB's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was kr-0.19. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr-0.04. It's PE Ratio (TTM) ratio for today is At Loss.

MindArk PE AB's EPS without NRI for the three months ended in Mar. 2026 was kr-0.21. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was kr-0.09. It's PE Ratio without NRI ratio for today is At Loss.


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.


MindArk PE AB Owner Earnings per Share (TTM) Related Terms


MindArk PE AB Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for MindArk PE AB'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.

MindArk PE AB Owner Earnings per Share (TTM) Chart

MindArk PE AB Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
0.00 0.00 0.00 0.00

MindArk PE AB Quarterly Data
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 0.00 0.00 0.00 0.00 0.00

XSAT:MNDRK vs QH, SHOP, UBER: Owner Earnings per Share (TTM) Comparison

For the Software - Application subindustry, MindArk PE AB'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.


MindArk PE AB Price-to-Owner-Earnings vs Software Industry

For the Software industry and Technology sector, MindArk PE AB's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where MindArk PE AB's Price-to-Owner-Earnings falls into.


XSAT:MNDRK
52GF Score
MindArk PE AB XSAT:MNDRK
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MindArk PE AB 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)

MindArk PE AB does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

Is MindArk PE AB (XSAT:MNDRK) Overvalued in 2026?

Based on GuruFocus' analysis, MindArk PE AB stock appears to be undervalued. The current stock price of kr0.88 is trading 35.7% below its estimated GF Value™ of kr1.36. GuruFocus considers MindArk PE AB to be Possible Value Trap.

Key valuation signals for XSAT:MNDRK:

  • Owner Earnings per Share (TTM):
  • GF Value™: kr1.36 vs. price of kr0.88 (35.7% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


MindArk PE AB Business Description

Other Exchanges Z7R:Germany
Address Masthamnsgatan 5, Gothenburg, SWE, SE 413 29
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free of charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside the Entropia Universe.
52GF Score

Get the complete analysis for XSAT:MNDRK

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

kr0.88
Price
kr1.36
GF Value