Imperial Brands (STU:ITBA) EPS without NRI: €3.65 (TTM As of Mar. 2026)


STU:ITBA Imperial Brands PLC STU:ITBA
72 GF Score
Price €32.40
GF Value €19.35
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Imperial Brands EPS without NRI?

Imperial Brands STU:ITBA 72 EPS without NRI is €3.65 as of Mar. 2026. GuruFocus rates STU:ITBA with a GF Score™ of 72/100 and a GF Value™ of €19.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 43 Tobacco Products companies, Imperial Brands ranks better than 53.49% on this metric.

Imperial Brands's earnings per share without non-recurring items for the six months ended in Mar. 2026 was €1.46. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €3.65.

During the past 12 months, Imperial Brands's average earnings per share (NRI) Growth Rate was 6.00% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 5.90% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 4.80% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 2.40% 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 Imperial Brands's EPS without NRI or its related term are showing as below:

STU:ITBA' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -13.2   Med: 6.9   Max: 20
Current: 5.9

During the past 13 years, Imperial Brands's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 20.00% per year. The lowest was -13.20% per year. And the median was 6.90% per year.

STU:ITBA's 3-Year EPS without NRI Growth Rate is ranked better than
53.49% of 43 companies
in the Tobacco Products industry
Industry Median: 4.8 vs STU:ITBA: 5.90

Imperial Brands's EPS (Diluted) for the six months ended in Mar. 2026 was €0.69. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.45.

Imperial Brands's EPS (Basic) for the six months ended in Mar. 2026 was €0.69. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.47.


Imperial Brands  (STU:ITBA) 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.


Imperial Brands EPS without NRI Related Terms


Imperial Brands EPS without NRI Historical Data

* Premium members only.

The historical data trend for Imperial Brands'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.

Imperial Brands EPS without NRI Chart

Imperial Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.88 3.01 3.21 3.52 3.60

Imperial Brands 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 1.40 2.09 1.47 2.18 1.46

STU:ITBA vs PM, MO, TPB: EPS without NRI Comparison

For the Tobacco subindustry, Imperial Brands'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.


Imperial Brands PE Ratio without NRI vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's PE Ratio without NRI distribution charts can be found below:

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


STU:ITBA
72GF Score
Imperial Brands PLC STU:ITBA
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Brands 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 €3.65

* 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 €3.65 mean?
Imperial Brands (STU:ITBA) has a EPS without NRI of €3.65 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Imperial Brands and its competitors. According to the industry distribution chart, Imperial Brands ranks #20 out of 43 companies in the Tobacco Products industry, placing it in the top 46.5%.
Is Imperial Brands' EPS without NRI too high?
Imperial Brands' current EPS without NRI is €3.65. Based on the distribution chart, Imperial Brands ranks #20 out of 43 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Imperial Brands has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' EPS without NRI compare to PM and MO?
According to the Tobacco Products industry distribution chart, Imperial Brands ranks #20 out of 43 companies for EPS without NRI. This puts Imperial Brands in the upper half of its industry. The industry median EPS without NRI is 4.80. 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 Tobacco Products company?
The median EPS without NRI among Tobacco Products companies is 4.80, based on 43 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 Imperial Brands and its competitors. For the Tobacco Products industry, the median EPS without NRI is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Brands's current EPS without NRI is €3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (STU:ITBA) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.35, compared to a current price of €32.40 — trading 67.4% above its estimated fair value. The current EPS without NRI is €3.65. Imperial Brands' overall GF Score™ is 72/100 with 3 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 Imperial Brands (STU:ITBA), the current EPS without NRI is €3.65 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 Imperial Brands (STU:ITBA) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued. The current stock price of €32.40 is trading 67.4% above its estimated GF Value™ of €19.35. GuruFocus considers Imperial Brands to be Significantly Overvalued.

Key valuation signals for STU:ITBA:

  • EPS without NRI: €3.65
  • GF Value™: €19.35 vs. price of €32.40 (67.4% above fair value)
  • GF Score™: 72/100 with 3 warning signs

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


Imperial Brands Business Description

Address 121 Winterstoke Road, Bristol, GBR, BS3 2LL
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
72GF Score

Get the complete analysis for STU:ITBA

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

€32.40
Price
€19.35
GF Value