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Giga-Tronics (Giga-Tronics) Owner Earnings per Share (TTM) : (As of Mar. 2024)


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What is Giga-Tronics 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)."

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



GIGA's Price-to-Owner-Earnings is not ranked *
in the Hardware industry.
Industry Median: 18.23
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Giga-Tronics's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.70. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.83. It's PE Ratio ratio for today is At Loss.

Giga-Tronics's EPS without NRI for the three months ended in Mar. 2024 was $-0.45. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.54. It's PE Ratio without NRI ratio for today is At Loss.


Giga-Tronics Owner Earnings per Share (TTM) Historical Data

The historical data trend for Giga-Tronics'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.

Giga-Tronics Owner Earnings per Share (TTM) Chart

Giga-Tronics Annual Data
Trend Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
- - -

Giga-Tronics Quarterly Data
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 - - - - -

Competitive Comparison of Giga-Tronics's Owner Earnings per Share (TTM)

For the Scientific & Technical Instruments subindustry, Giga-Tronics'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.


Giga-Tronics's Price-to-Owner-Earnings Distribution in the Hardware Industry

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

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



Giga-Tronics 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)

Giga-Tronics 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.


Giga-Tronics Owner Earnings per Share (TTM) Related Terms

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


Giga-Tronics (Giga-Tronics) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7272 E. Indian School Road, Suite 540, Scottsdale, AZ, USA, 85251
Giga-tronics Inc design, manufacture, and distribute specialized precision electronic solutions, automated test solutions, power electronics, supply and distribution solutions, display solutions and radio, microwave and millimeter wave communication systems and components for a variety of applications with a focus on the global defense industry for military airborne, sea and ground applications. The company has three segments namely Precision Electronic Solutions; Power Electronics and Display and RF Solutions. It generates maximum revenue from the Precision Electronic Solutions segment.
Executives
William B. Horne director C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Timothy Long officer: Chief Operating Officer 7272 E. INDIAN SCHOOL ROAD, SUITE 540, SCOTTSDALE AZ 85251
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jonathan R Read director, officer: Chief Executive Officer 6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Robert O Smith director DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Jeffrey Allen Bentz director 107 E BONITA WAY, TEMPE AZ 85281
Thomas E Vickers director 2101 WEST COMMERCIAL BLVD, SUITE 3500, FORT LAUDERDALE FL 33309
Wit Cornelis F 10 percent owner 2101 WEST COMMERCIAL BLVD., SUITE 3500, FORT LAUDERDALE FL 33309
Smc Private Equity Holdings Gp, Llc 10 percent owner 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Private Equity Holdings, Lp 10 percent owner 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital G.p., Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Select Co-investment I Gp, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Gregory P. Ho 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
John Steffens 10 percent owner C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487

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