Asset Plus (NZSE:APL) EPS without NRI: NZ$-0.01 (TTM As of Mar. 2026)

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NZSE:APL Asset Plus Ltd NZSE:APL
43 GF Score
Price NZ$0.17
GF Value NZ$0.23
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Asset Plus EPS without NRI?

Asset Plus NZSE:APL -1.76% 43 EPS without NRI is NZ$-0.01 as of Mar. 2026. GuruFocus rates NZSE:APL with a GF Score™ of 43/100 and a GF Value™ of NZ$0.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 678 REITs companies, Asset Plus ranks better than 88.2% on this metric.

Asset Plus's earnings per share without non-recurring items for the six months ended in Mar. 2026 was NZ$-0.01. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$-0.01.

During the past 3 years, the average earnings per share (NRI) Growth Rate was 37.00% 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 Asset Plus's EPS without NRI or its related term are showing as below:

NZSE:APL' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -36.6   Med: -7   Max: 50
Current: 37

During the past 13 years, Asset Plus's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 50.00% per year. The lowest was -36.60% per year. And the median was -7.00% per year.

NZSE:APL's 3-Year EPS without NRI Growth Rate is ranked better than
88.2% of 678 companies
in the REITs industry
Industry Median: 0.8 vs NZSE:APL: 37.00

Asset Plus's EPS (Diluted) for the six months ended in Mar. 2026 was NZ$-0.01. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$-0.01.

Asset Plus's EPS (Basic) for the six months ended in Mar. 2026 was NZ$-0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$-0.01.


Asset Plus  (NZSE:APL) 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.


Asset Plus EPS without NRI Related Terms


Asset Plus EPS without NRI Historical Data

* Premium members only.

The historical data trend for Asset Plus'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.

Asset Plus EPS without NRI Chart

Asset Plus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.04 -0.02 -0.02 -0.01

Asset Plus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -0.00 0.01 -0.02 0.00 -0.01

NZSE:APL vs VICI, WPC, BNL: EPS without NRI Comparison

For the REIT - Diversified subindustry, Asset Plus'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.


Asset Plus PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Asset Plus's PE Ratio without NRI distribution charts can be found below:

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


NZSE:APL
43GF Score
Asset Plus Ltd NZSE:APL
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset Plus 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 semi-annually data reported by the company within the most recent 12 months, which was NZ$-0.01

* 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 NZ$-0.01 mean?
Asset Plus (NZSE:APL) has a EPS without NRI of NZ$-0.01 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Asset Plus and its competitors. According to the industry distribution chart, Asset Plus ranks #80 out of 678 companies in the REITs industry, placing it in the top 11.8%.
Is Asset Plus' EPS without NRI too high?
Asset Plus' current EPS without NRI is NZ$-0.01. Based on the distribution chart, Asset Plus ranks #80 out of 678 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Asset Plus has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asset Plus' EPS without NRI compare to VICI and WPC?
According to the REITs industry distribution chart, Asset Plus ranks #80 out of 678 companies for EPS without NRI. This places Asset Plus in the top 12% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 0.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 0.80, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Asset Plus and its competitors. For the REITs industry, the median EPS without NRI is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Plus's current EPS without NRI is NZ$-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Plus stock overvalued right now?
Based on GuruFocus' analysis, Asset Plus (NZSE:APL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.23, compared to a current price of NZ$0.17 — trading 27.4% below its estimated fair value. The current EPS without NRI is NZ$-0.01. Asset Plus' overall GF Score™ is 43/100 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 Asset Plus (NZSE:APL), the current EPS without NRI is NZ$-0.01 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 Asset Plus (NZSE:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued. The current stock price of NZ$0.17 is trading 27.4% below its estimated GF Value™ of NZ$0.23. GuruFocus considers Asset Plus to be Modestly Undervalued.

Key valuation signals for NZSE:APL:

  • EPS without NRI: NZ$-0.01
  • GF Value™: NZ$0.23 vs. price of NZ$0.17 (27.4% below fair value)
  • GF Score™: 43/100 with 2 warning signs

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


Asset Plus Business Description

Industry Real EstateREITs
Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
43GF Score

Get the complete analysis for NZSE:APL

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

NZ$0.17
Price
NZ$0.23
GF Value