IWVTF (Intelligent Wave) EPS without NRI: $0.24 (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IWVTF Intelligent Wave Inc IWVTF
70 GF Score
Price $5.80
GF Value $7.53
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Intelligent Wave EPS without NRI?

Intelligent Wave IWVTF 70 EPS without NRI is $0.24 as of Dec. 2025. GuruFocus rates IWVTF with a GF Score™ of 70/100 and a GF Value™ of $7.53 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,073 Software companies, Intelligent Wave ranks worse than 55.62% on this metric.

Intelligent Wave's earnings per share without non-recurring items for the three months ended in Dec. 2025 was $0.12. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was $0.24.

During the past 12 months, Intelligent Wave's average earnings per share (NRI) Growth Rate was -6.40% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 8.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 14.20% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 12.70% 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 Intelligent Wave's EPS without NRI or its related term are showing as below:

IWVTF' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -14.7   Med: 13.3   Max: 32.1
Current: 8.7

During the past 13 years, Intelligent Wave's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 32.10% per year. The lowest was -14.70% per year. And the median was 13.30% per year.

IWVTF's 3-Year EPS without NRI Growth Rate is ranked worse than
55.62% of 2073 companies
in the Software industry
Industry Median: 12.5 vs IWVTF: 8.70

Intelligent Wave's EPS (Diluted) for the three months ended in Dec. 2025 was $0.11. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.24.

Intelligent Wave's EPS (Basic) for the three months ended in Dec. 2025 was $0.11. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.24.


Intelligent Wave  (OTCPK:IWVTF) 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.


Intelligent Wave EPS without NRI Related Terms


Intelligent Wave EPS without NRI Historical Data

* Premium members only.

The historical data trend for Intelligent Wave'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.

Intelligent Wave EPS without NRI Chart

Intelligent Wave 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 0.29 0.30 0.31 0.34 0.36

Intelligent Wave Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.11 0.09 0.04 0.12 0.00

IWVTF vs MSFT, ORCL, PLTR: EPS without NRI Comparison

For the Software - Infrastructure subindustry, Intelligent Wave'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.


Intelligent Wave PE Ratio without NRI vs Software Industry

For the Software industry and Technology sector, Intelligent Wave's PE Ratio without NRI distribution charts can be found below:

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


IWVTF
70GF Score
Intelligent Wave Inc IWVTF
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Intelligent Wave 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 quarterly data reported by the company within the most recent 12 months, which was $0.24

* 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 $0.24 mean?
Intelligent Wave (IWVTF) has a EPS without NRI of $0.24 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Intelligent Wave and its competitors. According to the industry distribution chart, Intelligent Wave ranks #1153 out of 2073 companies in the Software industry, placing it in the top 55.6%.
Is Intelligent Wave's EPS without NRI too high?
Intelligent Wave's current EPS without NRI is $0.24. The Software industry median EPS without NRI is 12.50. Intelligent Wave's value of $0.24 is 98.1% below this industry median. Based on the distribution chart, Intelligent Wave ranks #1153 out of 2073 companies in the Software industry, which is below the industry midpoint. Overall, Intelligent Wave has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intelligent Wave's EPS without NRI compare to MSFT and ORCL?
According to the Software industry distribution chart, Intelligent Wave ranks #1153 out of 2073 companies for EPS without NRI. This places Intelligent Wave in the lower half of its industry. The industry median EPS without NRI is 12.50. Intelligent Wave's value of $0.24 is 98.1% below this benchmark. 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 Software company?
The median EPS without NRI among Software companies is 12.50, based on 2,073 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. Intelligent Wave's current EPS without NRI of $0.24 is 98.1% below the industry median. 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 Intelligent Wave and its competitors. For the Software industry, the median EPS without NRI is 12.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intelligent Wave's current EPS without NRI is $0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intelligent Wave stock overvalued right now?
Based on GuruFocus' analysis, Intelligent Wave (IWVTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.53, compared to a current price of $5.80 — trading 23% below its estimated fair value. The current EPS without NRI is $0.24 and 98.1% below the Software industry median of 12.50. Intelligent Wave's overall GF Score™ is 70/100 with 2 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 Intelligent Wave (IWVTF), the current EPS without NRI is $0.24 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 Intelligent Wave (IWVTF) Overvalued in 2026?

Based on GuruFocus' analysis, Intelligent Wave stock appears to be undervalued. The current stock price of $5.80 is trading 23% below its estimated GF Value™ of $7.53. GuruFocus considers Intelligent Wave to be Modestly Undervalued.

Key valuation signals for IWVTF:

  • EPS without NRI: $0.24
  • GF Value™: $7.53 vs. price of $5.80 (23% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 98.1% below the Software median (#1153 of 2073)

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


Intelligent Wave Business Description

Other Exchanges 4847:Japan
Address -21-2, Shinkawa, Chuo-ku, Kayabacho Tower, Tokyo, JPN, 104-0033
Intelligent Wave Inc is engaged in sales of system development services and system products, including hardware and software. It operates in two business segments including the Financial Systems Solutions business, and the Product Solutions business. In the Financial Systems Solutions business, it offers value-added system development, through software and hardware integration, and maintenance services for customers operating primarily in the financial services industry. In the Product Solutions business, it deploys and maintains high value-added systems for data security and other solutions based on the in-house developed product as well as system software procured from third parties for customers operating in a range of industries and fields.
70GF Score

Get the complete analysis for IWVTF

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

$5.80
Price
$7.53
GF Value