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FIGS (FIGS) Owner Earnings per Share (TTM) : (As of Mar. 2024)


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What is FIGS 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)."

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



FIGS's Price-to-Owner-Earnings is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 11.28
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

FIGS's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.11. It's PE Ratio ratio for today is 53.91.

FIGS's EPS without NRI for the three months ended in Mar. 2024 was $0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $0.11. It's PE Ratio without NRI ratio for today is 53.91.


FIGS Owner Earnings per Share (TTM) Historical Data

The historical data trend for FIGS'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.

FIGS Owner Earnings per Share (TTM) Chart

FIGS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
- - - - -

FIGS Quarterly Data
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 - - - - -

Competitive Comparison of FIGS's Owner Earnings per Share (TTM)

For the Apparel Manufacturing subindustry, FIGS'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.


FIGS's Price-to-Owner-Earnings Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, FIGS's Price-to-Owner-Earnings distribution charts can be found below:

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



FIGS 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)

FIGS 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.


FIGS Owner Earnings per Share (TTM) Related Terms

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


FIGS (FIGS) Business Description

Traded in Other Exchanges
N/A
Address
2834 Colorado Avenue, Suite 100, Santa Monica, CA, USA, 90404
FIGS Inc is a healthcare apparel company. It offers more fitted scrubs for men and women made of its proprietary fabric FIONx, which provides four-way stretch and has anti-odor, anti-wrinkle and moisture-wicking properties.
Executives
Daniella Turenshine officer: Chief Financial Officer C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Heather L. Hasson director, 10 percent owner, officer: Co-Chief Executive Officer C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Mario Jesus Marte director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Catherine Eva Spear director, 10 percent owner, officer: Co-Chief Executive Officer 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Michael J Soenen director C/O FIGS INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Thomas Tull 10 percent owner 27 N. WACKER DRIVE #523, CHICAGO IL 60606
Jeffrey A Wilke director PO BOX 81226, SEATTLE WA 98108-1226
Alan G Lafley director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Kenneth Jian-hong Lin director C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Tulco, Llc 10 percent owner 1000 COMMERCE DRIVE, 2ND FLOOR, PITTSBURGH PA 15275
Viking Global Investors Lp 10 percent owner 600 WASHINGTON BLVD., FLOOR 11, STAMFORD CT 06901
Sheila Antrum director 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
John Martin Willhite director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Christopher Peter Varelas director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Jeffrey D Lawrence officer: Chief Financial Officer 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105

FIGS (FIGS) Headlines

From GuruFocus

Ron Baron Comments on Figs

By Sydnee Gatewood 02-17-2023