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.
Forside CoTSE:2330 53 EPS without NRI is 円3.29 as of Dec. 2025. GuruFocus rates TSE:2330 with a GF Score™ of 53/100 and a GF Value™ of 円265.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 560 Travel & Leisure companies, Forside Co ranks worse than 178571.25% on this metric.
Forside Co's earnings per share without non-recurring items for the
three
months ended in Dec. 2025 was 円0.00.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was 円3.29.
During the past 12 months, Forside Co's average earnings per share (NRI) Growth Rate was 69342.90% 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 Forside Co's EPS without NRI or its related term are showing as below:
During the past 13 years, Forside Co's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 32.60% per year. The lowest was -85.70% per year. And the median was 7.20% per year.
TSE:2330's 3-Year EPS without NRI Growth Rate is not ranked *
in the Travel & Leisure industry.
Industry Median: 9.6 * Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
Forside Co's EPS (Diluted) for the
three
months ended in Dec. 2025 was 円0.00.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円3.49.
Forside Co's EPS (Basic) for the
three
months ended in Dec. 2025 was 円0.00.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was 円3.49.
Forside Co (TSE:2330) 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.
Forside Co EPS without NRI Related Terms
Forside Co EPS without NRI Historical Data
* Premium members only.
The historical data trend for Forside 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.
TSE:2330 vs AS, HAS, LTH: EPS without NRI Comparison
For the Leisure subindustry, Forside 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.
Forside Co PE Ratio without NRI vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Forside Co's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Forside Co's PE Ratio without NRI falls into.
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 quarterly data reported by the company within the most recent 12 months, which was 円3.29
* 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.
Forside Co (TSE:2330) has a EPS without NRI of 円3.29 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Forside Co and its competitors. According to the industry distribution chart, Forside Co ranks #999999 out of 560 companies in the Travel & Leisure industry.
Is Forside Co's EPS without NRI too high?
Forside Co's current EPS without NRI is 円3.29. Based on the distribution chart, Forside Co ranks #999999 out of 560 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Forside Co has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forside Co's EPS without NRI compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Forside Co ranks #999999 out of 560 companies for EPS without NRI. This places Forside Co in the lower half of its industry. The industry median EPS without NRI is 9.60. 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 Travel & Leisure company?
The median EPS without NRI among Travel & Leisure companies is 9.60, based on 560 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 Forside Co and its competitors. For the Travel & Leisure industry, the median EPS without NRI is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forside Co's current EPS without NRI is 円3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forside Co stock overvalued right now?
Based on GuruFocus' analysis, Forside Co (TSE:2330) is currently considered Significantly Undervalued. The stock's GF Value™ is 円265.59, compared to a current price of 円74.00 — trading 72.1% below its estimated fair value. The current EPS without NRI is 円3.29. Forside Co's overall GF Score™ is 53/100 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 Forside Co (TSE:2330), the current EPS without NRI is 円3.29 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 Forside Co (TSE:2330) Overvalued in 2026?
Based on GuruFocus' analysis, Forside Co stock appears to be undervalued.
The current stock price of 円74.00 is trading 72.1% below its estimated GF Value™ of 円265.59.
GuruFocus considers Forside Co to be Significantly Undervalued.
Key valuation signals for TSE:2330:
EPS without NRI: 円3.29
GF Value™: 円265.59 vs. price of 円74.00 (72.1% below fair value)
No single metric tells the full story. See the TSE:2330 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forside Co Ltd is a Japan-based company engaged in the content business. The company provides guidance in the areas concerning investment banking, merger and acquisition, financing and other related financial services. Its reportable segments are Prize Business, Real Estate-Related Business, Content Business, Event Business, Master Rights Business, AI-Related Business, and Logistics-Related Business.
53GF Score
Get the complete analysis for TSE:2330
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
TSE:2330 has been successfully added to your 
