Mustek (JSE:MST) EPS without NRI: R1.33 (TTM As of Dec. 2025)


JSE:MST Mustek Ltd JSE:MST
76 GF Score
Price R14.92
GF Value R12.57
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Mustek EPS without NRI?

Mustek JSE:MST -0.86% 76 EPS without NRI is R1.33 as of Dec. 2025. GuruFocus rates JSE:MST with a GF Score™ of 76/100 and a GF Value™ of R12.57 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,901 Hardware companies, Mustek ranks worse than 88.69% on this metric.

Mustek's earnings per share without non-recurring items for the six months ended in Dec. 2025 was R0.84. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was R1.33.

During the past 3 years, the average earnings per share (NRI) Growth Rate was -41.20% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was -21.30% 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 Mustek's EPS without NRI or its related term are showing as below:

JSE:MST' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -46.6   Med: 3   Max: 61.9
Current: -41.2

During the past 13 years, Mustek's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 61.90% per year. The lowest was -46.60% per year. And the median was 3.00% per year.

JSE:MST's 3-Year EPS without NRI Growth Rate is ranked worse than
88.69% of 1901 companies
in the Hardware industry
Industry Median: 1.1 vs JSE:MST: -41.20

Mustek's EPS (Diluted) for the six months ended in Dec. 2025 was R0.83. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R1.32.

Mustek's EPS (Basic) for the six months ended in Dec. 2025 was R0.83. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was R1.32.


Mustek  (JSE:MST) 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.


Mustek EPS without NRI Related Terms


Mustek EPS without NRI Historical Data

* Premium members only.

The historical data trend for Mustek'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.

Mustek EPS without NRI Chart

Mustek 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 4.42 3.57 3.75 0.67 0.73

Mustek 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 0.91 -0.38 0.24 0.49 0.84

JSE:MST vs SNDK, DELL, STX: EPS without NRI Comparison

For the Computer Hardware subindustry, Mustek'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.


Mustek PE Ratio without NRI vs Hardware Industry

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

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


JSE:MST
76GF Score
Mustek Ltd JSE:MST
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mustek 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 R1.33

* 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 R1.33 mean?
Mustek (JSE:MST) has a EPS without NRI of R1.33 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Mustek and its competitors. According to the industry distribution chart, Mustek ranks #1686 out of 1901 companies in the Hardware industry, placing it in the top 88.7%.
Is Mustek's EPS without NRI too high?
Mustek's current EPS without NRI is R1.33. Based on the distribution chart, Mustek ranks #1686 out of 1901 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Mustek has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mustek's EPS without NRI compare to SNDK and DELL?
According to the Hardware industry distribution chart, Mustek ranks #1686 out of 1901 companies for EPS without NRI. This places Mustek in the lower half of its industry. The industry median EPS without NRI is 1.10. 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 Hardware company?
The median EPS without NRI among Hardware companies is 1.10, based on 1,901 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 Mustek and its competitors. For the Hardware industry, the median EPS without NRI is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustek's current EPS without NRI is R1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustek stock overvalued right now?
Based on GuruFocus' analysis, Mustek (JSE:MST) is currently considered Modestly Overvalued. The stock's GF Value™ is R12.57, compared to a current price of R14.92 — trading 18.7% above its estimated fair value. The current EPS without NRI is R1.33. Mustek's overall GF Score™ is 76/100 with 8 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 Mustek (JSE:MST), the current EPS without NRI is R1.33 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 Mustek (JSE:MST) Overvalued in 2026?

Based on GuruFocus' analysis, Mustek stock appears to be overvalued. The current stock price of R14.92 is trading 18.7% above its estimated GF Value™ of R12.57. GuruFocus considers Mustek to be Modestly Overvalued.

Key valuation signals for JSE:MST:

  • EPS without NRI: R1.33
  • GF Value™: R12.57 vs. price of R14.92 (18.7% above fair value)
  • GF Score™: 76/100 with 8 warning signs

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


Mustek Business Description

Address 322 15th Road, Randjespark, Midrand, GT, ZAF, 1685
Mustek Ltd is an assembler and distributor of personal computers and complementary Information and Communication Technology (ICT) products in South Africa. The company's segments include Mustek, Rectron, MIE, and the Group. Mustek includes assembly and distribution of computer products and peripherals, including Mecer-branded products and related services. Rectron includes the distribution of computer components and peripherals. Mecer Inter-Ed (MIE) includes a training provider of accredited training programmes, and the group includes investments in associates and other investments, and loans. Geographically, operates in the region of South Africa. It derives a substantial part of its revenue from the Mustek segment.
76GF Score

Get the complete analysis for JSE:MST

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

R14.92
Price
R12.57
GF Value