get_owners_eps: Get Owners Earnings per Share

In OliverHennhoefer/quant: Fundamentals Data for Stock Research

Get Owners Earnings per Share

Description

Wrapper function for fetching data from gurufocus.com.

Usage

get_owners_eps(df)

Arguments

df	data.frame. Data frame with column 'symbol' containing at least one valid stock ticker symbol.

Details

The Owners Earnings per Share is a measure invented by Warren Buffet and originally described in one of his famous annual shareholder letters as follows: "If we think through these questions, we can gain some insights about what may be called 'owner earnings.' These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges such as Company N's items (1) and (4) less 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). However, businesses following the LIFO inventory method usually do not require additional working capital if unit volume does not change.)"

Value

Input data.frame supplemented by the company's available Owners Earnings per Share data.

Examples

df <- data.frame('symbol' = 'AAPL')
res <- get_owners_eps(df)

OliverHennhoefer/quant documentation built on Sept. 18, 2022, 5:50 p.m.