Nippon Rietec Co (TSE:1938) EPS without NRI: 円233.15 (TTM As of Mar. 2026)

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TSE:1938 Nippon Rietec Co Ltd TSE:1938
74 GF Score
Price 円2,506.00
GF Value 円1,846.96
Valuation Significantly Overvalued
View Full Analysis

What is Nippon Rietec Co EPS without NRI?

Nippon Rietec Co TSE:1938 -0.44% 74 EPS without NRI is 円233.15 as of Mar. 2026. GuruFocus rates TSE:1938 with a GF Score™ of 74/100 and a GF Value™ of 円1,846.96 (Significantly Overvalued). Among 1,339 Construction companies, Nippon Rietec Co ranks better than 78.94% on this metric.

Nippon Rietec Co's earnings per share without non-recurring items for the six months ended in Mar. 2026 was 円189.38. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 円233.15.

During the past 12 months, Nippon Rietec Co's average earnings per share (NRI) Growth Rate was 33.80% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 40.00% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 15.90% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 1.50% 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 Nippon Rietec Co's EPS without NRI or its related term are showing as below:

TSE:1938' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -16.8   Med: 1.15   Max: 44.4
Current: 40

During the past 13 years, Nippon Rietec Co's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 44.40% per year. The lowest was -16.80% per year. And the median was 1.15% per year.

TSE:1938's 3-Year EPS without NRI Growth Rate is ranked better than
78.94% of 1339 companies
in the Construction industry
Industry Median: 9.7 vs TSE:1938: 40.00

Nippon Rietec Co's EPS (Diluted) for the six months ended in Mar. 2026 was 円181.64. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円224.06.

Nippon Rietec Co's EPS (Basic) for the six months ended in Mar. 2026 was 円181.70. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円224.12.


Nippon Rietec Co  (TSE:1938) 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.


Nippon Rietec Co EPS without NRI Related Terms


Nippon Rietec Co EPS without NRI Historical Data

* Premium members only.

The historical data trend for Nippon Rietec Co'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.

Nippon Rietec Co EPS without NRI Chart

Nippon Rietec Co 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 87.89 84.95 110.52 174.31 233.16

Nippon Rietec Co 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 116.62 29.03 145.27 43.77 189.38

TSE:1938 vs PWR, FIX, EME: EPS without NRI Comparison

For the Engineering & Construction subindustry, Nippon Rietec Co'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.


Nippon Rietec Co PE Ratio without NRI vs Construction Industry

For the Construction industry and Industrials sector, Nippon Rietec Co's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Nippon Rietec Co's PE Ratio without NRI falls into.


TSE:1938
74GF Score
Nippon Rietec Co Ltd TSE:1938
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Rietec Co 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 円233.15

* 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 円233.15 mean?
Nippon Rietec Co (TSE:1938) has a EPS without NRI of 円233.15 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Nippon Rietec Co and its competitors. According to the industry distribution chart, Nippon Rietec Co ranks #282 out of 1339 companies in the Construction industry, placing it in the top 21.1%.
Is Nippon Rietec Co's EPS without NRI too high?
Nippon Rietec Co's current EPS without NRI is 円233.15. Based on the distribution chart, Nippon Rietec Co ranks #282 out of 1339 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Rietec Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Rietec Co's EPS without NRI compare to PWR and FIX?
According to the Construction industry distribution chart, Nippon Rietec Co ranks #282 out of 1339 companies for EPS without NRI. This places Nippon Rietec Co in the top 21% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 9.70. 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 Construction company?
The median EPS without NRI among Construction companies is 9.70, based on 1,339 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 Nippon Rietec Co and its competitors. For the Construction industry, the median EPS without NRI is 9.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Rietec Co's current EPS without NRI is 円233.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Rietec Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Rietec Co (TSE:1938) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,846.96, compared to a current price of 円2,506.00 — trading 35.7% above its estimated fair value. The current EPS without NRI is 円233.15. Nippon Rietec Co's overall GF Score™ is 74/100. 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 Nippon Rietec Co (TSE:1938), the current EPS without NRI is 円233.15 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 Nippon Rietec Co (TSE:1938) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Rietec Co stock appears to be overvalued. The current stock price of 円2,506.00 is trading 35.7% above its estimated GF Value™ of 円1,846.96. GuruFocus considers Nippon Rietec Co to be Significantly Overvalued.

Key valuation signals for TSE:1938:

  • EPS without NRI: 円233.15
  • GF Value™: 円1,846.96 vs. price of 円2,506.00 (35.7% above fair value)
  • GF Score™: 74/100

No single metric tells the full story. See the TSE:1938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Rietec Co Business Description

Address 6, Kanda Jincho-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Rietec Co Ltd manufactures and sales electrical equipment for various divisions. The company operates in four business divisions including Railway electrical equipment construction, Road equipment, Indoor and outdoor electrical equipment construction and Transmission line construction. Its product offering includes signal equipment, train line equipment, power generation equipment, electric power equipment, distribution line equipment, telecommunication equipment, road information control system, road signs, sound insulation walls, road lighting equipment, aircraft lighting equipment, disaster prevention equipment construction, sanitation equipment construction, machinery equipment facility construction, civil engineering work, and waterproofing construction.
74GF Score

Get the complete analysis for TSE:1938

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

円2,506.00
Price
円1,846.96
GF Value