Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
San Miguel Brewery Hong Kong's earnings per share without non-recurring items for the
six
months ended in Dec. 2025 was $0.01.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was $0.01.
During the past 12 months, San Miguel Brewery Hong Kong's average earnings per share (NRI) Growth Rate was 25.00% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 30.50% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 39.80% 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 San Miguel Brewery Hong Kong's EPS without NRI or its related term are showing as below:
SMGLF'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -263.4 Med: 20.7 Max: 184.4
Current: 30.5
During the past 13 years, San Miguel Brewery Hong Kong's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 184.40% per year. The lowest was -263.40% per year. And the median was 20.70% per year.
SMGLF's 3-Year EPS without NRI Growth Rate is ranked better than 76.16% of 172
companies
in the Beverages - Alcoholic industry
Industry Median: 3.5
vs SMGLF: 30.50
San Miguel Brewery Hong Kong (OTCPK:SMGLF) 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.
San Miguel Brewery Hong Kong EPS without NRI Related Terms
San Miguel Brewery Hong Kong EPS without NRI Historical Data
* 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.
San Miguel Brewery Hong Kong EPS without NRI Chart
For the Beverages - Brewers subindustry, San Miguel Brewery Hong Kong'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.
San Miguel Brewery Hong Kong PE Ratio without NRI vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, San Miguel Brewery Hong Kong's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where San Miguel Brewery Hong Kong's PE Ratio without NRI falls into.
San Miguel Brewery Hong Kong 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 $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.
San Miguel Brewery Hong Kong (SMGLF) has a EPS without NRI of $0.01 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on San Miguel Brewery Hong Kong and its competitors. According to the industry distribution chart, San Miguel Brewery Hong Kong ranks #41 out of 172 companies in the Beverages - Alcoholic industry, placing it in the top 23.8%.
Is San Miguel Brewery Hong Kong's EPS without NRI too high?
San Miguel Brewery Hong Kong's current EPS without NRI is $0.01. The Beverages - Alcoholic industry median EPS without NRI is 3.50. San Miguel Brewery Hong Kong's value of $0.01 is 99.7% below this industry median. Based on the distribution chart, San Miguel Brewery Hong Kong ranks #41 out of 172 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, San Miguel Brewery Hong Kong has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does San Miguel Brewery Hong Kong's EPS without NRI compare to STZ?
According to the Beverages - Alcoholic industry distribution chart, San Miguel Brewery Hong Kong ranks #41 out of 172 companies for EPS without NRI. This places San Miguel Brewery Hong Kong in the top 24% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 3.50. San Miguel Brewery Hong Kong's value of $0.01 is 99.7% below this benchmark. 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 Beverages - Alcoholic company?
The median EPS without NRI among Beverages - Alcoholic companies is 3.50, based on 172 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. San Miguel Brewery Hong Kong's current EPS without NRI of $0.01 is 99.7% below the industry median. 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 San Miguel Brewery Hong Kong and its competitors. For the Beverages - Alcoholic industry, the median EPS without NRI is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Brewery Hong Kong's current EPS without NRI is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel Brewery Hong Kong stock overvalued right now?
San Miguel Brewery Hong Kong (SMGLF) has a current EPS without NRI of $0.01. The stock's GF Value™ is $0.14, compared to a current price of $0.17 — trading 21.4% above its estimated fair value. The current EPS without NRI is $0.01 and 99.7% below the Beverages - Alcoholic industry median of 3.50. San Miguel Brewery Hong Kong's overall GF Score™ is 51/100 with 1 warning sign 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 San Miguel Brewery Hong Kong (SMGLF), the current EPS without NRI is $0.01 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 San Miguel Brewery Hong Kong (SMGLF) Overvalued in 2026?
Based on GuruFocus' analysis, San Miguel Brewery Hong Kong stock appears to be overvalued.
The current stock price of $0.17 is trading 21.4% above its estimated GF Value™ of $0.14.
Key valuation signals for SMGLF:
EPS without NRI: $0.01
GF Value™: $0.14 vs. price of $0.17 (21.4% above fair value)
Industry Position: 99.7% below the Beverages - Alcoholic median (#41 of 172)
No single metric tells the full story. See the SMGLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned, and draught beers. Its two reportable segments are: The Hong Kong operations comprise the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas; and The Mainland China operations comprise the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.
51GF Score
Get the complete analysis for SMGLF
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SMGLF has been successfully added to your 
