L1 Long Short Fund (ASX:LSF) Earnings per Share (Diluted): A$0.94 (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ASX:LSF L1 Long Short Fund Ltd ASX:LSF
64 GF Score
Price A$4.45
GF Value A$13.44
Valuation Significantly Undervalued
! 4 Warning Signs
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What is L1 Long Short Fund Earnings per Share (Diluted)?

L1 Long Short Fund ASX:LSF -1.55% 64 Earnings per Share (Diluted) is A$0.94 as of Dec. 2025. GuruFocus rates ASX:LSF with a GF Score™ of 64/100 and a GF Value™ of A$13.44 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 829 Asset Management companies, L1 Long Short Fund ranks worse than 73.7% on this metric.

L1 Long Short Fund's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was A$0.66. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.94.

L1 Long Short Fund's EPS (Basic) for the six months ended in Dec. 2025 was A$0.66. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.94.

L1 Long Short Fund's EPS without NRI for the six months ended in Dec. 2025 was A$0.66. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.94.

During the past 12 months, L1 Long Short Fund's average EPS without NRIGrowth Rate was 1341.50% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -11.80% per year.

During the past 8 years, L1 Long Short Fund's highest 3-Year average EPS without NRI Growth Rate was -11.80% per year. The lowest was -30.70% per year. And the median was -21.25% per year.


L1 Long Short Fund  (ASX:LSF) Earnings per Share (Diluted) Explanation

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 EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


L1 Long Short Fund Earnings per Share (Diluted) Related Terms


L1 Long Short Fund Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for L1 Long Short Fund's Earnings per Share (Diluted) 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.

L1 Long Short Fund Earnings per Share (Diluted) Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Earnings per Share (Diluted)
Get a 7-Day Free Trial 0.83 0.23 0.27 0.28 0.16

L1 Long Short Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.19 -0.12 0.28 0.66

ASX:LSF vs BLK, BX, KKR: Earnings per Share (Diluted) Comparison

For the Asset Management subindustry, L1 Long Short Fund's PE Ratio, along with its competitors' market caps and PE Ratio 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.


L1 Long Short Fund PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Long Short Fund's PE Ratio distribution charts can be found below:

* The bar in red indicates where L1 Long Short Fund's PE Ratio falls into.


ASX:LSF
64GF Score
L1 Long Short Fund Ltd ASX:LSF
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L1 Long Short Fund Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

L1 Long Short Fund's Earnings Per Share (Diluted) for the fiscal year that ended in Jun. 2025 is calculated as

Diluted Earnings Per Share (A: Jun. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(99.518-0)/625.496
=0.16

L1 Long Short Fund's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (Q: Dec. 2025 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(414.888-0)/630.529
=0.66

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.94

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of A$0.94 mean?
L1 Long Short Fund (ASX:LSF) has a Earnings per Share (Diluted) of A$0.94 as of Dec. 2025. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on L1 Long Short Fund and its competitors. According to the industry distribution chart, L1 Long Short Fund ranks #611 out of 829 companies in the Asset Management industry, placing it in the top 73.7%.
Is L1 Long Short Fund's Earnings per Share (Diluted) too high?
L1 Long Short Fund's current Earnings per Share (Diluted) is A$0.94. Based on the distribution chart, L1 Long Short Fund ranks #611 out of 829 companies in the Asset Management industry, which is below the industry midpoint. Overall, L1 Long Short Fund has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L1 Long Short Fund's Earnings per Share (Diluted) compare to BLK and BX?
According to the Asset Management industry distribution chart, L1 Long Short Fund ranks #611 out of 829 companies for Earnings per Share (Diluted). This places L1 Long Short Fund in the lower half of its industry. The industry median Earnings per Share (Diluted) is 13.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Asset Management company?
The median Earnings per Share (Diluted) among Asset Management companies is 13.10, based on 829 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on L1 Long Short Fund and its competitors. For the Asset Management industry, the median Earnings per Share (Diluted) is 13.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L1 Long Short Fund's current Earnings per Share (Diluted) is A$0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Long Short Fund stock overvalued right now?
Based on GuruFocus' analysis, L1 Long Short Fund (ASX:LSF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$13.44, compared to a current price of A$4.45 — trading 66.9% below its estimated fair value. The current Earnings per Share (Diluted) is A$0.94. L1 Long Short Fund's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For L1 Long Short Fund (ASX:LSF), the current Earnings per Share (Diluted) is A$0.94 as of Dec. 2025. 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 L1 Long Short Fund (ASX:LSF) Overvalued in 2026?

Based on GuruFocus' analysis, L1 Long Short Fund stock appears to be undervalued. The current stock price of A$4.45 is trading 66.9% below its estimated GF Value™ of A$13.44. GuruFocus considers L1 Long Short Fund to be Significantly Undervalued.

Key valuation signals for ASX:LSF:

  • Earnings per Share (Diluted): A$0.94
  • GF Value™: A$13.44 vs. price of A$4.45 (66.9% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the ASX:LSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L1 Long Short Fund Business Description

Address 101 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry, being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.
64GF Score

Get the complete analysis for ASX:LSF

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.45
Price
A$13.44
GF Value