L1 Long Short Fund (ASX:LSF) EPS without NRI: A$0.94 (TTM As of Dec. 2025)


ASX:LSF L1 Long Short Fund Ltd ASX:LSF
61 GF Score
Price A$4.61
GF Value A$13.51
Valuation Significantly Undervalued
! 4 Warning Signs
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What is L1 Long Short Fund EPS without NRI?

L1 Long Short Fund ASX:LSF +0.66% 61 EPS without NRI is A$0.94 as of Dec. 2025. GuruFocus rates ASX:LSF with a GF Score™ of 61/100 and a GF Value™ of A$13.51 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 836 Asset Management companies, L1 Long Short Fund ranks worse than 72.37% on this metric.

L1 Long Short Fund's earnings per share without non-recurring items for the six months ended in Dec. 2025 was A$0.66. Its earnings per share without non-recurring items 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 earnings per share (NRI) Growth Rate was 1341.50% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -11.80% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% 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 EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for L1 Long Short Fund's EPS without NRI or its related term are showing as below:

ASX:LSF' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -30.7   Med: -21.25   Max: -11.8
Current: -11.8

During the past 8 years, L1 Long Short Fund's highest 3-Year average Earnings Per Share (NRI) Growth Rate was -11.80% per year. The lowest was -30.70% per year. And the median was -21.25% per year.

ASX:LSF's 3-Year EPS without NRI Growth Rate is ranked worse than
72.37% of 836 companies
in the Asset Management industry
Industry Median: 11.75 vs ASX:LSF: -11.80

L1 Long Short Fund's EPS (Diluted) for the six months ended in Dec. 2025 was A$0.66. Its EPS (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  (ASX:LSF) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


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 EPS without NRI Related Terms


L1 Long Short Fund EPS without NRI Historical Data

* Premium members only.

The historical data trend for L1 Long Short Fund's EPS without NRI 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 EPS without NRI Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EPS without NRI
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
EPS without NRI 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: EPS without NRI Comparison

For the Asset Management subindustry, L1 Long Short Fund's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 without NRI vs Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Long Short Fund's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where L1 Long Short Fund's PE Ratio without NRI falls into.


ASX:LSF
61GF Score
L1 Long Short Fund Ltd ASX:LSF
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

L1 Long Short Fund EPS without NRI Calculation

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.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of A$0.94 mean?
L1 Long Short Fund (ASX:LSF) has a EPS without NRI of A$0.94 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on L1 Long Short Fund and its competitors. According to the industry distribution chart, L1 Long Short Fund ranks #605 out of 836 companies in the Asset Management industry, placing it in the top 72.4%.
Is L1 Long Short Fund's EPS without NRI too high?
L1 Long Short Fund's current EPS without NRI is A$0.94. Based on the distribution chart, L1 Long Short Fund ranks #605 out of 836 companies in the Asset Management industry, which is below the industry midpoint. Overall, L1 Long Short Fund has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L1 Long Short Fund's EPS without NRI compare to BLK and BX?
According to the Asset Management industry distribution chart, L1 Long Short Fund ranks #605 out of 836 companies for EPS without NRI. This places L1 Long Short Fund in the lower half of its industry. The industry median EPS without NRI is 11.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for an Asset Management company?
The median EPS without NRI among Asset Management companies is 11.75, based on 836 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on L1 Long Short Fund and its competitors. For the Asset Management industry, the median EPS without NRI is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L1 Long Short Fund's current EPS without NRI 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$13.51, compared to a current price of A$4.61 — trading 65.9% below its estimated fair value. The current EPS without NRI is A$0.94. L1 Long Short Fund's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For L1 Long Short Fund (ASX:LSF), the current EPS without NRI 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$4.61 is trading 65.9% below its estimated GF Value™ of A$13.51. GuruFocus considers L1 Long Short Fund to be Significantly Undervalued.

Key valuation signals for ASX:LSF:

  • EPS without NRI: A$0.94
  • GF Value™: A$13.51 vs. price of A$4.61 (65.9% below fair value)
  • GF Score™: 61/100 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.
61GF Score

Get the complete analysis for ASX:LSF

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.61
Price
A$13.51
GF Value