Vulcan Steel (ASX:VSL) EPS without NRI: A$0.10 (TTM As of Dec. 2025)


ASX:VSL Vulcan Steel Ltd ASX:VSL
60 GF Score
Price A$4.92
GF Value A$6.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vulcan Steel EPS without NRI?

Vulcan Steel ASX:VSL -3.53% 60 EPS without NRI is A$0.10 as of Dec. 2025. GuruFocus rates ASX:VSL with a GF Score™ of 60/100 and a GF Value™ of A$6.21 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 454 Steel companies, Vulcan Steel ranks worse than 90.97% on this metric.

Vulcan Steel's earnings per share without non-recurring items for the six months ended in Dec. 2025 was A$0.05. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.10.

During the past 12 months, Vulcan Steel's average earnings per share (NRI) Growth Rate was -37.40% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -49.20% 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 Vulcan Steel's EPS without NRI or its related term are showing as below:

ASX:VSL' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -49.2   Med: -49.2   Max: -49.2
Current: -49.2

During the past 4 years, Vulcan Steel's highest 3-Year average Earnings Per Share (NRI) Growth Rate was -49.20% per year. The lowest was -49.20% per year. And the median was -49.20% per year.

ASX:VSL's 3-Year EPS without NRI Growth Rate is ranked worse than
90.97% of 454 companies
in the Steel industry
Industry Median: -3.8 vs ASX:VSL: -49.20

Vulcan Steel's EPS (Diluted) for the six months ended in Dec. 2025 was A$0.05. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.10.

Vulcan Steel's EPS (Basic) for the six months ended in Dec. 2025 was A$0.05. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.10.


Vulcan Steel  (ASX:VSL) 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.


Vulcan Steel EPS without NRI Related Terms


Vulcan Steel EPS without NRI Historical Data

* Premium members only.

The historical data trend for Vulcan Steel'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.

Vulcan Steel EPS without NRI Chart

Vulcan Steel Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EPS without NRI
0.84 0.61 0.28 0.11

Vulcan Steel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EPS without NRI Get a 7-Day Free Trial Premium Member Only 0.18 0.09 0.06 0.05 0.05

ASX:VSL vs NUE, STLD, RS: EPS without NRI Comparison

For the Steel subindustry, Vulcan Steel'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.


Vulcan Steel PE Ratio without NRI vs Steel Industry

For the Steel industry and Basic Materials sector, Vulcan Steel's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Vulcan Steel's PE Ratio without NRI falls into.


ASX:VSL
60GF Score
Vulcan Steel Ltd ASX:VSL
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Steel 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$0.10

* 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$0.10 mean?
Vulcan Steel (ASX:VSL) has a EPS without NRI of A$0.10 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Vulcan Steel and its competitors. According to the industry distribution chart, Vulcan Steel ranks #413 out of 454 companies in the Steel industry, placing it in the top 91%.
Is Vulcan Steel's EPS without NRI too high?
Vulcan Steel's current EPS without NRI is A$0.10. Based on the distribution chart, Vulcan Steel ranks #413 out of 454 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vulcan Steel has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's EPS without NRI compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #413 out of 454 companies for EPS without NRI. This places Vulcan Steel in the lower half of its industry. 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 a Steel company?
A good EPS without NRI depends on the Steel industry context. 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 Vulcan Steel and its competitors. Vulcan Steel's current EPS without NRI is A$0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.21, compared to a current price of A$4.92 — trading 20.8% below its estimated fair value. The current EPS without NRI is A$0.10. Vulcan Steel's overall GF Score™ is 60/100 with 5 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 Vulcan Steel (ASX:VSL), the current EPS without NRI is A$0.10 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 Vulcan Steel (ASX:VSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued. The current stock price of A$4.92 is trading 20.8% below its estimated GF Value™ of A$6.21. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for ASX:VSL:

  • EPS without NRI: A$0.10
  • GF Value™: A$6.21 vs. price of A$4.92 (20.8% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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


Vulcan Steel Business Description

Other Exchanges VSL:New Zealand
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
60GF Score

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

A$4.92
Price
A$6.21
GF Value