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Tobu Railway Co (TSE:9001) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2024)


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What is Tobu Railway Co 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)."

Tobu Railway Co 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 Tobu Railway Co'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 Tobu Railway Co was 18.23. The lowest was 14.18. And the median was 16.38.


TSE:9001's Price-to-Owner-Earnings is not ranked *
in the Transportation industry.
Industry Median: 14.28
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Tobu Railway Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was 円70.33. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was 円232.99. It's PE Ratio ratio for today is 11.51.

Tobu Railway Co's EPS without NRI for the three months ended in Dec. 2023 was 円73.84. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was 円248.50. It's PE Ratio without NRI ratio for today is 10.79.


Tobu Railway Co Owner Earnings per Share (TTM) Historical Data

The historical data trend for Tobu Railway Co'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.

Tobu Railway Co Owner Earnings per Share (TTM) Chart

Tobu Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Owner Earnings per Share (TTM)
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Tobu Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Tobu Railway Co's Owner Earnings per Share (TTM)

For the Railroads subindustry, Tobu Railway Co'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.


Tobu Railway Co's Price-to-Owner-Earnings Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tobu Railway Co's Price-to-Owner-Earnings distribution charts can be found below:

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



Tobu Railway Co 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)

Tobu Railway Co 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.


Tobu Railway Co Owner Earnings per Share (TTM) Related Terms

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


Tobu Railway Co (TSE:9001) Business Description

Traded in Other Exchanges
N/A
Address
1-2 1-2 Oshiage, Sumida-ku, Tokyo, JPN, 131-8522
Tobu Railway is a transportation and industrial company domiciled in Japan. The company organises itself into five segments: transportation, leisure, real estate, retail distribution, and others. Transportation, which contributes the most significant portion of revenue, operates passenger transportation services through rail, bus, and taxi, and freight and delivery services. Retail distribution, the next most significant segment, operates department stores and a chain of supermarkets. The leisure segment operates hotels, theme parks, golf courses, and related leisure businesses. The real estate segment leases real estate and operates bicycle and parking lot businesses.

Tobu Railway Co (TSE:9001) Headlines

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