Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
QualitasASX:QAL -0.37%66 3-Year EPS without NRI Growth Rate is 22.30% as of Jun. 2026, which is 16% below its 10-year median of 26.55. GuruFocus rates ASX:QAL with a GF Score™ of 66/100 and a GF Value™ of A$3.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 841 Asset Management companies, Qualitas ranks better than 62.31% on this metric.
During the past 12 months, Qualitas's average EPS without NRI Growth Rate was 24.10% per year.
During the past 3 years, the average EPS without NRI Growth Rate was 22.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
During the past 6 years, the highest 3-Year average EPS without NRI Growth Rate of Qualitas was 30.80% per year. The lowest was 22.30% per year. And the median was 26.55% per year.
Qualitas (ASX:QAL) 3-Year EPS without NRI Growth Rate Explanation
EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.
Qualitas 3-Year EPS without NRI Growth Rate Related Terms
ASX:QAL vs BLK, BX, KKR: 3-Year EPS without NRI Growth Rate Comparison
For the Asset Management subindustry, Qualitas's 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate 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.
Qualitas 3-Year EPS without NRI Growth Rate vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Qualitas's 3-Year EPS without NRI Growth Rate distribution charts can be found below:
* The bar in red indicates where Qualitas's 3-Year EPS without NRI Growth Rate falls into.
Qualitas 3-Year EPS without NRI Growth Rate Calculation
This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
What does a 3-Year EPS without NRI Growth Rate of 22.30% mean?
Qualitas (ASX:QAL) has a 3-Year EPS without NRI Growth Rate of 22.30% as of Jun. 2026. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Qualitas and its competitors. This is 16% below median its historical median of 26.55. Over the past decade, Qualitas' 3-Year EPS without NRI Growth Rate has ranged from 22.30 to 30.80. According to the industry distribution chart, Qualitas ranks #317 out of 841 companies in the Asset Management industry, placing it in the top 37.7%.
Is Qualitas' 3-Year EPS without NRI Growth Rate too high?
Qualitas' current 3-Year EPS without NRI Growth Rate of 22.30% is 16% below median its 10-year median of 26.55. Over the past 10 years, this metric has ranged from a low of 22.30 to a high of 30.80. The Asset Management industry median 3-Year EPS without NRI Growth Rate is 11.60. Qualitas' value of 22.30% is 92.2% above this industry median. Based on the distribution chart, Qualitas ranks #317 out of 841 companies in the Asset Management industry, which is above the industry midpoint. Overall, Qualitas has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' 3-Year EPS without NRI Growth Rate compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #317 out of 841 companies for 3-Year EPS without NRI Growth Rate. This puts Qualitas in the upper half of its industry. The industry median 3-Year EPS without NRI Growth Rate is 11.60. Qualitas' value of 22.30% is 92.2% above this benchmark. Historically, Qualitas' own 3-Year EPS without NRI Growth Rate has ranged from 22.30 to 30.80 over the past decade. While the company's 10-year median is 26.55 vs. the industry median of 11.60, Qualitas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EPS without NRI Growth Rate for an Asset Management company?
The median 3-Year EPS without NRI Growth Rate among Asset Management companies is 11.60, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EPS without NRI Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EPS without NRI Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qualitas's current 3-Year EPS without NRI Growth Rate of 22.30% is 92.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EPS without NRI Growth Rate mean?
A high 3-Year EPS without NRI Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Qualitas and its competitors. For the Asset Management industry, the median 3-Year EPS without NRI Growth Rate is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current 3-Year EPS without NRI Growth Rate is 22.30%, which is 16% below median its own 10-year median of 26.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.23, compared to a current price of A$2.67 — trading 17.3% below its estimated fair value. The current 3-Year EPS without NRI Growth Rate is 22.30%, which is 16% below median its 10-year median of 26.55 and 92.2% above the Asset Management industry median of 11.60. Qualitas' overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EPS without NRI Growth Rate calculated?
3-Year EPS without NRI Growth Rate is calculated from a company's financial statements. For Qualitas (ASX:QAL), the current 3-Year EPS without NRI Growth Rate is 22.30% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Qualitas (ASX:QAL) Overvalued in 2026?
Based on GuruFocus' analysis, Qualitas stock appears to be undervalued.
The current stock price of A$2.67 is trading 17.3% below its estimated GF Value™ of A$3.23.
GuruFocus considers Qualitas to be Modestly Undervalued.
Key valuation signals for ASX:QAL:
3-Year EPS without NRI Growth Rate: 22.30% (16% below median its 10-year median of 26.55)
GF Value™: A$3.23 vs. price of A$2.67 (17.3% below fair value)
Industry Position: 92.2% above the Asset Management median (#317 of 841)
No single metric tells the full story. See the ASX:QAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
66GF Score
Get the complete analysis for ASX:QAL
3-Year EPS without NRI Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:QAL has been successfully added to your 
