African Rainbow Minerals (HAM:EB9) EPS without NRI: €0.73 (TTM As of Dec. 2025)


HAM:EB9 African Rainbow Minerals Ltd HAM:EB9
74 GF Score
Price €9.10
GF Value €12.11
Valuation Significantly Undervalued
! 6 Warning Signs
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What is African Rainbow Minerals EPS without NRI?

African Rainbow Minerals HAM:EB9 +0.55% 74 EPS without NRI is €0.73 as of Dec. 2025. GuruFocus rates HAM:EB9 with a GF Score™ of 74/100 and a GF Value™ of €12.11 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,959 Metals & Mining companies, African Rainbow Minerals ranks worse than 89.33% on this metric.

African Rainbow Minerals's earnings per share without non-recurring items for the six months ended in Dec. 2025 was €0.44. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was €0.73.

During the past 12 months, African Rainbow Minerals's average earnings per share (NRI) Growth Rate was -21.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -38.10% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was -17.20% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 13.30% 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 EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for African Rainbow Minerals's EPS without NRI or its related term are showing as below:

HAM:EB9' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -38.1   Med: 15.8   Max: 110.3
Current: -38.1

During the past 13 years, African Rainbow Minerals's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 110.30% per year. The lowest was -38.10% per year. And the median was 15.80% per year.

HAM:EB9's 3-Year EPS without NRI Growth Rate is ranked worse than
89.33% of 1959 companies
in the Metals & Mining industry
Industry Median: 16.7 vs HAM:EB9: -38.10

African Rainbow Minerals's EPS (Diluted) for the six months ended in Dec. 2025 was €0.62. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.35.

African Rainbow Minerals's EPS (Basic) for the six months ended in Dec. 2025 was €0.62. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.36.


African Rainbow Minerals  (HAM:EB9) 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.


African Rainbow Minerals EPS without NRI Related Terms


African Rainbow Minerals EPS without NRI Historical Data

* Premium members only.

The historical data trend for African Rainbow Minerals'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.

African Rainbow Minerals EPS without NRI Chart

African Rainbow Minerals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.95 3.46 2.25 1.31 0.67

African Rainbow Minerals 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 0.74 0.55 0.41 0.29 0.44

African Rainbow Minerals EPS without NRI Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.


African Rainbow Minerals PE Ratio without NRI vs Metals & Mining Industry

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

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


HAM:EB9
74GF Score
African Rainbow Minerals Ltd HAM:EB9
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

African Rainbow Minerals 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 €0.73

* 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 €0.73 mean?
African Rainbow Minerals (HAM:EB9) has a EPS without NRI of €0.73 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on African Rainbow Minerals and its competitors. According to the industry distribution chart, African Rainbow Minerals ranks #1750 out of 1959 companies in the Metals & Mining industry, placing it in the top 89.3%.
Is African Rainbow Minerals' EPS without NRI too high?
African Rainbow Minerals' current EPS without NRI is €0.73. Based on the distribution chart, African Rainbow Minerals ranks #1750 out of 1959 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, African Rainbow Minerals has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does African Rainbow Minerals' EPS without NRI compare to competitors?
According to the Metals & Mining industry distribution chart, African Rainbow Minerals ranks #1750 out of 1959 companies for EPS without NRI. This places African Rainbow Minerals in the lower half of its industry. 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 African Rainbow Minerals 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. African Rainbow Minerals's current EPS without NRI is €0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Rainbow Minerals stock overvalued right now?
Based on GuruFocus' analysis, African Rainbow Minerals (HAM:EB9) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.11, compared to a current price of €9.10 — trading 24.9% below its estimated fair value. The current EPS without NRI is €0.73. African Rainbow Minerals' overall GF Score™ is 74/100 with 6 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 African Rainbow Minerals (HAM:EB9), the current EPS without NRI is €0.73 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 African Rainbow Minerals (HAM:EB9) Overvalued in 2026?

Based on GuruFocus' analysis, African Rainbow Minerals stock appears to be undervalued. The current stock price of €9.10 is trading 24.9% below its estimated GF Value™ of €12.11. GuruFocus considers African Rainbow Minerals to be Significantly Undervalued.

Key valuation signals for HAM:EB9:

  • EPS without NRI: €0.73
  • GF Value™: €12.11 vs. price of €9.10 (24.9% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the HAM:EB9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


African Rainbow Minerals Business Description

Address 29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company with operations in South Africa and Malaysia. The group operates through four main segments: ARM Platinum, which includes platinum group metals and nickel; ARM Ferrous, focused on iron ore, manganese ore, and chrome ore; ARM Coal, operating mainly in the Goedgevonden Mine; and ARM Corporate, which includes Machadodorp Works, gold investments, and other activities. The company produces manganese alloys and holds a strategic investment in gold. The company generates the majority of its revenue from South Africa and maintains a presence in Europe, the Americas, and the Far and Middle East.
74GF Score

Get the complete analysis for HAM:EB9

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

€9.10
Price
€12.11
GF Value