GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Deutsche Boerse AG (XTER:DB1) » Definitions » Owner Earnings per Share (TTM)

Deutsche Boerse AG (XTER:DB1) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Deutsche Boerse AG 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)."

Deutsche Boerse AG 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 Deutsche Boerse AG's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Deutsche Boerse AG was 45.00. The lowest was 11.15. And the median was 21.72.


XTER:DB1's Price-to-Owner-Earnings is not ranked *
in the Capital Markets industry.
Industry Median: 15.33
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Deutsche Boerse AG's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was €2.70. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was €9.47. It's PE Ratio ratio for today is 19.29.

Deutsche Boerse AG's EPS without NRI for the three months ended in Mar. 2024 was €2.70. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was €9.47. It's PE Ratio without NRI ratio for today is 19.29.


Deutsche Boerse AG Owner Earnings per Share (TTM) Historical Data

The historical data trend for Deutsche Boerse AG'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.

* Premium members only.

Deutsche Boerse AG Owner Earnings per Share (TTM) Chart

Deutsche Boerse AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.87 - - - -

Deutsche Boerse AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Deutsche Boerse AG's Owner Earnings per Share (TTM)

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG's Price-to-Owner-Earnings Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Deutsche Boerse AG's Price-to-Owner-Earnings falls into.



Deutsche Boerse AG 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)

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


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.


Deutsche Boerse AG Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Deutsche Boerse AG's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Deutsche Boerse AG (XTER:DB1) Business Description

Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.
Executives
Heike Eckert Board of Directors
Dr. Christoph Böhm Board of Directors
Dr. Stephan Leithner Board of Directors
Dr. Thomas Book Board of Directors
Gregor Pottmeyer Board of Directors
Dr. Theodor Weimer Board of Directors

Deutsche Boerse AG (XTER:DB1) Headlines

No Headlines