Azimut Holding SpA (MIL:AZM) EPS without NRI: €3.47 (TTM As of Mar. 2026)

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MIL:AZM Azimut Holding SpA MIL:AZM
81 GF Score
Price €36.14
GF Value €28.49
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Azimut Holding SpA EPS without NRI?

Azimut Holding SpA MIL:AZM -0.28% 81 EPS without NRI is €3.47 as of Mar. 2026. GuruFocus rates MIL:AZM with a GF Score™ of 81/100 and a GF Value™ of €28.49 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 831 Asset Management companies, Azimut Holding SpA ranks worse than 60.17% on this metric.

Azimut Holding SpA's earnings per share without non-recurring items for the three months ended in Mar. 2026 was €0.91. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €3.47.

During the past 12 months, Azimut Holding SpA's average earnings per share (NRI) Growth Rate was -11.50% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 3.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 25.00% 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 Azimut Holding SpA's EPS without NRI or its related term are showing as below:

MIL:AZM' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -40.1   Med: 17.7   Max: 84.3
Current: 3.7

During the past 13 years, Azimut Holding SpA's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 84.30% per year. The lowest was -40.10% per year. And the median was 17.70% per year.

MIL:AZM's 3-Year EPS without NRI Growth Rate is ranked worse than
60.17% of 831 companies
in the Asset Management industry
Industry Median: 13 vs MIL:AZM: 3.70

Azimut Holding SpA's EPS (Diluted) for the three months ended in Mar. 2026 was €0.88. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €3.78.

Azimut Holding SpA's EPS (Basic) for the three months ended in Mar. 2026 was €0.88. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €3.78.


Azimut Holding SpA  (MIL:AZM) 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.


Azimut Holding SpA EPS without NRI Related Terms


Azimut Holding SpA EPS without NRI Historical Data

* Premium members only.

The historical data trend for Azimut Holding SpA'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.

Azimut Holding SpA EPS without NRI Chart

Azimut Holding SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 3.11 3.03 4.01 3.47

Azimut Holding SpA 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 0.81 0.74 0.96 0.86 0.91

MIL:AZM vs BLK, BX, KKR: EPS without NRI Comparison

For the Asset Management subindustry, Azimut Holding SpA'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.


Azimut Holding SpA PE Ratio without NRI vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Azimut Holding SpA's PE Ratio without NRI distribution charts can be found below:

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


MIL:AZM
81GF Score
Azimut Holding SpA MIL:AZM
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azimut Holding SpA 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.47

* 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 €3.47 mean?
Azimut Holding SpA (MIL:AZM) has a EPS without NRI of €3.47 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Azimut Holding SpA and its competitors. According to the industry distribution chart, Azimut Holding SpA ranks #500 out of 831 companies in the Asset Management industry, placing it in the top 60.2%.
Is Azimut Holding SpA's EPS without NRI too high?
Azimut Holding SpA's current EPS without NRI is €3.47. Based on the distribution chart, Azimut Holding SpA ranks #500 out of 831 companies in the Asset Management industry, which is below the industry midpoint. Overall, Azimut Holding SpA has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azimut Holding SpA's EPS without NRI compare to BLK and BX?
According to the Asset Management industry distribution chart, Azimut Holding SpA ranks #500 out of 831 companies for EPS without NRI. This places Azimut Holding SpA in the lower half of its industry. The industry median EPS without NRI is 13.00. 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 an Asset Management company?
The median EPS without NRI among Asset Management companies is 13.00, based on 831 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 Azimut Holding SpA and its competitors. For the Asset Management industry, the median EPS without NRI is 13.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azimut Holding SpA's current EPS without NRI is €3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azimut Holding SpA stock overvalued right now?
Based on GuruFocus' analysis, Azimut Holding SpA (MIL:AZM) is currently considered Modestly Overvalued. The stock's GF Value™ is €28.49, compared to a current price of €36.14 — trading 26.9% above its estimated fair value. The current EPS without NRI is €3.47. Azimut Holding SpA's overall GF Score™ is 81/100 with 5 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 Azimut Holding SpA (MIL:AZM), the current EPS without NRI is €3.47 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 Azimut Holding SpA (MIL:AZM) Overvalued in 2026?

Based on GuruFocus' analysis, Azimut Holding SpA stock appears to be overvalued. The current stock price of €36.14 is trading 26.9% above its estimated GF Value™ of €28.49. GuruFocus considers Azimut Holding SpA to be Modestly Overvalued.

Key valuation signals for MIL:AZM:

  • EPS without NRI: €3.47
  • GF Value™: €28.49 vs. price of €36.14 (26.9% above fair value)
  • GF Score™: 81/100 with 5 warning signs

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


Azimut Holding SpA Business Description

Address Via Cusani 4, Milan, ITA, 20121
Azimut Holding SpA is a large independent asset management firm operating primarily in Italy but with an increasingly global presence. In Italy, its capital management division sells and manages Italian mutual funds, Italian hedge funds, and is active in the discretionary management of individual investment portfolios. Its international business operations involve the sale, management, and distribution of financial and insurance products. Its portfolio solutions encompass a broad array of strategies that cut across various traditional and alternative asset classes. A majority of its revenue is derived from recurring fees from assets under management.
81GF Score

Get the complete analysis for MIL:AZM

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

€36.14
Price
€28.49
GF Value