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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.
Value Golf's earnings per share without non-recurring items for the
three
months ended in Jan. 2026 was 円0.00.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jan. 2026 was 円18.69.
During the past 12 months, Value Golf's average earnings per share (NRI) Growth Rate was 9.00% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -38.80% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 3.40% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was -11.40% 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 Value Golf's EPS without NRI or its related term are showing as below:
TSE:3931'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -61.8 Med: 9 Max: 64.5
Current: -38.8
During the past 12 years, Value Golf's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 64.50% per year. The lowest was -61.80% per year. And the median was 9.00% per year.
TSE:3931's 3-Year EPS without NRI Growth Rate is ranked worse than 87.66% of 705
companies
in the Media - Diversified industry
Industry Median: 4
vs TSE:3931: -38.80
Value Golf's EPS (Diluted) for the
three
months ended in Jan. 2026 was 円0.00.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was 円22.17.
Value Golf's EPS (Basic) for the
three
months ended in Jan. 2026 was 円0.00.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jan. 2026 was 円22.17.
Value Golf (TSE:3931) 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.
Value Golf EPS without NRI Related Terms
Value Golf EPS without NRI Historical Data
* Premium members only.
The historical data trend for Value Golf'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.
For the Publishing subindustry, Value Golf'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.
Value Golf PE Ratio without NRI vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Value Golf's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Value Golf'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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円18.69
* 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.
Value Golf (TSE:3931) has a EPS without NRI of 円18.69 as of Jan. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Value Golf and its competitors. According to the industry distribution chart, Value Golf ranks #618 out of 705 companies in the Media - Diversified industry, placing it in the top 87.7%.
Is Value Golf's EPS without NRI too high?
Value Golf's current EPS without NRI is 円18.69. Based on the distribution chart, Value Golf ranks #618 out of 705 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Value Golf has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Value Golf's EPS without NRI compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Value Golf ranks #618 out of 705 companies for EPS without NRI. This places Value Golf in the lower half of its industry. The industry median EPS without NRI is 4.00. 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 Media - Diversified company?
The median EPS without NRI among Media - Diversified companies is 4.00, based on 705 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 Value Golf and its competitors. For the Media - Diversified industry, the median EPS without NRI is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Golf's current EPS without NRI is 円18.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Golf stock overvalued right now?
Based on GuruFocus' analysis, Value Golf (TSE:3931) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,280.85, compared to a current price of 円1,871.00 — trading 46.1% above its estimated fair value. The current EPS without NRI is 円18.69. Value Golf's overall GF Score™ is 53/100 with 8 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 Value Golf (TSE:3931), the current EPS without NRI is 円18.69 as of Jan. 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 Value Golf (TSE:3931) Overvalued in 2026?
Based on GuruFocus' analysis, Value Golf stock appears to be overvalued.
The current stock price of 円1,871.00 is trading 46.1% above its estimated GF Value™ of 円1,280.85.
GuruFocus considers Value Golf to be Significantly Overvalued.
Key valuation signals for TSE:3931:
EPS without NRI: 円18.69
GF Value™: 円1,280.85 vs. price of 円1,871.00 (46.1% above fair value)
No single metric tells the full story. See the TSE:3931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.
53GF Score
Get the complete analysis for TSE:3931
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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