West African Resources (ASX:WAF) EPS without NRI: A$0.41 (TTM As of Dec. 2025)


ASX:WAF West African Resources Ltd ASX:WAF
97 GF Score
Price A$2.67
GF Value A$4.48
Valuation Significantly Undervalued
! 3 Warning Signs
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What is West African Resources EPS without NRI?

West African Resources ASX:WAF -0.37% 97 EPS without NRI is A$0.41 as of Dec. 2025. GuruFocus rates ASX:WAF with a GF Score™ of 97/100 and a GF Value™ of A$4.48 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,959 Metals & Mining companies, West African Resources ranks better than 76.93% on this metric.

West African Resources's earnings per share without non-recurring items for the six months ended in Dec. 2025 was A$0.25. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.41.

During the past 12 months, West African Resources's average earnings per share (NRI) Growth Rate was 100.50% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 37.50% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 21.70% 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 West African Resources's EPS without NRI or its related term are showing as below:

ASX:WAF' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -32.9   Med: 8.5   Max: 42.3
Current: 37.5

During the past 13 years, West African Resources's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 42.30% per year. The lowest was -32.90% per year. And the median was 8.50% per year.

ASX:WAF's 3-Year EPS without NRI Growth Rate is ranked better than
76.93% of 1959 companies
in the Metals & Mining industry
Industry Median: 16.7 vs ASX:WAF: 37.50

West African Resources's EPS (Diluted) for the six months ended in Dec. 2025 was A$0.25. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.41.

West African Resources's EPS (Basic) for the six months ended in Dec. 2025 was A$0.25. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.42.


West African Resources  (ASX:WAF) 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.


West African Resources EPS without NRI Related Terms


West African Resources EPS without NRI Historical Data

* Premium members only.

The historical data trend for West African Resources'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.

West African Resources EPS without NRI Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.16 0.14 0.21 0.41

West African Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.13 0.16 0.25

ASX:WAF vs NEM, AU: EPS without NRI Comparison

For the Gold subindustry, West African Resources'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.


West African Resources PE Ratio without NRI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West African Resources's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where West African Resources's PE Ratio without NRI falls into.


ASX:WAF
97GF Score
West African Resources Ltd ASX:WAF
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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West African Resources 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$0.41

* 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$0.41 mean?
West African Resources (ASX:WAF) has a EPS without NRI of A$0.41 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on West African Resources and its competitors. According to the industry distribution chart, West African Resources ranks #452 out of 1959 companies in the Metals & Mining industry, placing it in the top 23.1%.
Is West African Resources' EPS without NRI too high?
West African Resources' current EPS without NRI is A$0.41. Based on the distribution chart, West African Resources ranks #452 out of 1959 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, West African Resources has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' EPS without NRI compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #452 out of 1959 companies for EPS without NRI. This places West African Resources in the top 23% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 16.70. 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 Metals & Mining company?
The median EPS without NRI among Metals & Mining companies is 16.70, based on 1,959 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 West African Resources and its competitors. For the Metals & Mining industry, the median EPS without NRI is 16.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West African Resources's current EPS without NRI is A$0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$4.48, compared to a current price of A$2.67 — trading 40.4% below its estimated fair value. The current EPS without NRI is A$0.41. West African Resources' overall GF Score™ is 97/100 with 3 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 West African Resources (ASX:WAF), the current EPS without NRI is A$0.41 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 West African Resources (ASX:WAF) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of A$2.67 is trading 40.4% below its estimated GF Value™ of A$4.48. GuruFocus considers West African Resources to be Significantly Undervalued.

Key valuation signals for ASX:WAF:

  • EPS without NRI: A$0.41
  • GF Value™: A$4.48 vs. price of A$2.67 (40.4% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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


West African Resources Business Description

Other Exchanges WFRSF:USAW25:Germany
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
97GF Score

Get the complete analysis for ASX:WAF

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

A$2.67
Price
A$4.48
GF Value