Italgas SpA (MIL:IG) EPS without NRI: €0.80 (TTM As of Mar. 2026)


MIL:IG Italgas SpA MIL:IG
78 GF Score
Price €10.25
GF Value €8.08
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Italgas SpA EPS without NRI?

Italgas SpA MIL:IG +0.69% 78 EPS without NRI is €0.80 as of Mar. 2026. GuruFocus rates MIL:IG with a GF Score™ of 78/100 and a GF Value™ of €8.08 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 418 Utilities - Regulated companies, Italgas SpA ranks better than 73.92% on this metric.

Italgas SpA's earnings per share without non-recurring items for the three months ended in Mar. 2026 was €0.18. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €0.80.

During the past 12 months, Italgas SpA's average earnings per share (NRI) Growth Rate was 14.80% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 18.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 11.60% 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 Italgas SpA's EPS without NRI or its related term are showing as below:

MIL:IG' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -2.7   Med: 8.45   Max: 18.7
Current: 18.7

During the past 10 years, Italgas SpA's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 18.70% per year. The lowest was -2.70% per year. And the median was 8.45% per year.

MIL:IG's 3-Year EPS without NRI Growth Rate is ranked better than
73.92% of 418 companies
in the Utilities - Regulated industry
Industry Median: 5.45 vs MIL:IG: 18.70

Italgas SpA's EPS (Diluted) for the three months ended in Mar. 2026 was €0.18. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.78.

Italgas SpA's EPS (Basic) for the three months ended in Mar. 2026 was €0.18. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.78.


Italgas SpA  (MIL:IG) 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.


Italgas SpA EPS without NRI Related Terms


Italgas SpA EPS without NRI Historical Data

* Premium members only.

The historical data trend for Italgas 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.

Italgas SpA EPS without NRI Chart

Italgas 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 0.43 0.45 0.57 0.61 0.75

Italgas SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.20 0.22 0.18 0.23 0.18

MIL:IG vs ATO, NI, UGI: EPS without NRI Comparison

For the Utilities - Regulated Gas subindustry, Italgas 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.


Italgas SpA PE Ratio without NRI vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's PE Ratio without NRI distribution charts can be found below:

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


MIL:IG
78GF Score
Italgas SpA MIL:IG
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italgas 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 €0.80

* 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 €0.80 mean?
Italgas SpA (MIL:IG) has a EPS without NRI of €0.80 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Italgas SpA and its competitors. According to the industry distribution chart, Italgas SpA ranks #109 out of 418 companies in the Utilities - Regulated industry, placing it in the top 26.1%.
Is Italgas SpA's EPS without NRI too high?
Italgas SpA's current EPS without NRI is €0.80. Based on the distribution chart, Italgas SpA ranks #109 out of 418 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Italgas SpA has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's EPS without NRI compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Italgas SpA ranks #109 out of 418 companies for EPS without NRI. This puts Italgas SpA in the upper half of its industry. The industry median EPS without NRI is 5.45. 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 Utilities - Regulated company?
The median EPS without NRI among Utilities - Regulated companies is 5.45, based on 418 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 Italgas SpA and its competitors. For the Utilities - Regulated industry, the median EPS without NRI is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italgas SpA's current EPS without NRI is €0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.08, compared to a current price of €10.25 — trading 26.8% above its estimated fair value. The current EPS without NRI is €0.80. Italgas SpA's overall GF Score™ is 78/100 with 9 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 Italgas SpA (MIL:IG), the current EPS without NRI is €0.80 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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €10.25 is trading 26.8% above its estimated GF Value™ of €8.08. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • EPS without NRI: €0.80
  • GF Value™: €8.08 vs. price of €10.25 (26.8% above fair value)
  • GF Score™: 78/100 with 9 warning signs

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


Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
78GF Score

Get the complete analysis for MIL:IG

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

€10.25
Price
€8.08
GF Value