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Argent Industrial's earnings per share without non-recurring items for the
six
months ended in Mar. 2026 was R2.80.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was R5.43.
During the past 12 months, Argent Industrial's average earnings per share (NRI) Growth Rate was 10.10% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 9.90% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 18.10% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 28.80% 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 Argent Industrial's EPS without NRI or its related term are showing as below:
JSE:ART'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -62 Med: 21 Max: 105.4
Current: 9.9
During the past 13 years, Argent Industrial's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 105.40% per year. The lowest was -62.00% per year. And the median was 21.00% per year.
JSE:ART's 3-Year EPS without NRI Growth Rate is ranked better than 67.25% of 455
companies
in the Steel industry
Industry Median: -2.9
vs JSE:ART: 9.90
Argent Industrial's EPS (Basic) for the
six
months ended in Mar. 2026 was R2.80.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was R5.43.
Argent Industrial (JSE:ART) 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.
Argent Industrial EPS without NRI Related Terms
Argent Industrial EPS without NRI Historical Data
* Premium members only.
The historical data trend for Argent Industrial'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.
JSE:ART vs NUE, STLD, RS: EPS without NRI Comparison
For the Steel subindustry, Argent Industrial'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.
Argent Industrial PE Ratio without NRI vs Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Argent Industrial's PE Ratio without NRI falls into.
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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R5.43
* 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.
Argent Industrial (JSE:ART) has a EPS without NRI of R5.43 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Argent Industrial and its competitors. According to the industry distribution chart, Argent Industrial ranks #149 out of 455 companies in the Steel industry, placing it in the top 32.7%.
Is Argent Industrial's EPS without NRI too high?
Argent Industrial's current EPS without NRI is R5.43. Based on the distribution chart, Argent Industrial ranks #149 out of 455 companies in the Steel industry, which is above the industry midpoint. Overall, Argent Industrial has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's EPS without NRI compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #149 out of 455 companies for EPS without NRI. This puts Argent Industrial in the upper 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 Argent Industrial and its competitors. Argent Industrial's current EPS without NRI is R5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R29.95, compared to a current price of R38.13 — trading 27.3% above its estimated fair value. The current EPS without NRI is R5.43. Argent Industrial's overall GF Score™ is 72/100 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 Argent Industrial (JSE:ART), the current EPS without NRI is R5.43 as of Mar. 2026. 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 Argent Industrial (JSE:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued.
The current stock price of R38.13 is trading 27.3% above its estimated GF Value™ of R29.95.
GuruFocus considers Argent Industrial to be Modestly Overvalued.
Key valuation signals for JSE:ART:
EPS without NRI: R5.43
GF Value™: R29.95 vs. price of R38.13 (27.3% above fair value)
No single metric tells the full story. See the JSE:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
72GF Score
Get the complete analysis for JSE:ART
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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