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


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What is Mercer Bancorp 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)."

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



MSBB's Price-to-Owner-Earnings is not ranked *
in the Banks industry.
Industry Median: 7.85
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Mercer Bancorp's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.14. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.45. It's PE Ratio ratio for today is 28.79.

Mercer Bancorp's EPS without NRI for the three months ended in Mar. 2024 was $0.14. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $0.44. It's PE Ratio without NRI ratio for today is 29.11.


Mercer Bancorp Owner Earnings per Share (TTM) Historical Data

The historical data trend for Mercer Bancorp'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.

Mercer Bancorp Owner Earnings per Share (TTM) Chart

Mercer Bancorp Annual Data
Trend Sep22 Sep23
Owner Earnings per Share (TTM)
- -

Mercer Bancorp Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only - - - - -

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

For the Banks - Regional subindustry, Mercer Bancorp'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.


Mercer Bancorp's Price-to-Owner-Earnings Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mercer Bancorp's Price-to-Owner-Earnings distribution charts can be found below:

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



Mercer Bancorp 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)

Mercer Bancorp 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.


Mercer Bancorp Owner Earnings per Share (TTM) Related Terms

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


Mercer Bancorp (Mercer Bancorp) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1100 Irmscher Boulevard, Celina, OH, USA, 45822
Mercer Bancorp Inc operates as a full-service bank. It offers deposits, loans, and other services. The loan portfolio consists primarily of residential mortgage loans secured by one- to four-family residential properties and agricultural real estate loans secured by farmland located in primary market area.
Executives
Alvin B Parmiter director, officer: President and CEO 425 MAIN STREET, CALDWELL OH 43724
Kristin M Fee director 1100 IRMSCHER BLVD, CELINA OH 45822
Rick L Ross officer: Treasurer 1100 IRMSCHER BLVD, CELINA OH 45822
Richard A Mosier director 1100 IRMSCHER BLVD, CELINA OH 45822
Trever A Bransteter officer: SVP, Lending 1100 IRMSCHER BLVD, CELINA OH 45822
Ryan Moorman officer: SVP, Lending 1100 IRMSCHER BLVD, CELINA OH 45822
Timothy L Bigham officer: SVP, Operations 1100 IRMSCHER BLVD, CELINA OH 45822
Jose W Faller director 1100 IRMSCHER BLVD, CELINA OH 45822
Michael J Boley director 1100 IRMSCHER BLVD, CELINA OH 45822
David L Keiser director 1100 IRMSCHER BLVD, CELINA OH 45822

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