Spacemarket (TSE:4487) EPS without NRI: 円6.85 (TTM As of Dec. 2025)

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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.

TSE:4487 Spacemarket Inc TSE:4487
58 GF Score
Price 円214.00
GF Value 円590.41
Valuation Possible Value Trap
! 3 Warning Signs
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What is Spacemarket EPS without NRI?

Spacemarket TSE:4487 -3.17% 58 EPS without NRI is 円6.85 as of Dec. 2025. GuruFocus rates TSE:4487 with a GF Score™ of 58/100 and a GF Value™ of 円590.41 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,320 Real Estate companies, Spacemarket ranks worse than 75757.5% on this metric.

Spacemarket'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6.85.

During the past 12 months, Spacemarket's average earnings per share (NRI) Growth Rate was 18.90% 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 Spacemarket's EPS without NRI or its related term are showing as below:

During the past 9 years, Spacemarket's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 68.80% per year. The lowest was 1.00% per year. And the median was 34.90% per year.

TSE:4487's 3-Year EPS without NRI Growth Rate is not ranked *
in the Real Estate industry.
Industry Median: 4.3
* Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.

Spacemarket'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6.85.

Spacemarket'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6.88.


Spacemarket  (TSE:4487) 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.


Spacemarket EPS without NRI Related Terms


Spacemarket EPS without NRI Historical Data

* Premium members only.

The historical data trend for Spacemarket'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.

Spacemarket EPS without NRI Chart

Spacemarket Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only 3.18 -9.66 7.83 15.29 18.18

Spacemarket Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 6.65 0.20 0.00 0.00 6.65

TSE:4487 vs CBRE, BEKE, JLL: EPS without NRI Comparison

For the Real Estate Services subindustry, Spacemarket'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.


Spacemarket PE Ratio without NRI vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Spacemarket's PE Ratio without NRI distribution charts can be found below:

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


TSE:4487
58GF Score
Spacemarket Inc TSE:4487
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spacemarket 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 quarterly data reported by the company within the most recent 12 months, which was 円6.85

* 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6.85 mean?
Spacemarket (TSE:4487) has a EPS without NRI of 円6.85 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Spacemarket and its competitors. According to the industry distribution chart, Spacemarket ranks #999999 out of 1320 companies in the Real Estate industry.
Is Spacemarket's EPS without NRI too high?
Spacemarket's current EPS without NRI is 円6.85. Based on the distribution chart, Spacemarket ranks #999999 out of 1320 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Spacemarket has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spacemarket's EPS without NRI compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Spacemarket ranks #999999 out of 1320 companies for EPS without NRI. This places Spacemarket in the lower half of its industry. The industry median EPS without NRI is 4.30. 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 Real Estate company?
The median EPS without NRI among Real Estate companies is 4.30, based on 1,320 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 Spacemarket and its competitors. For the Real Estate industry, the median EPS without NRI is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spacemarket's current EPS without NRI is 円6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spacemarket stock overvalued right now?
Based on GuruFocus' analysis, Spacemarket (TSE:4487) is currently considered Possible Value Trap. The stock's GF Value™ is 円590.41, compared to a current price of 円214.00 — trading 63.8% below its estimated fair value. The current EPS without NRI is 円6.85. Spacemarket's overall GF Score™ is 58/100 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 Spacemarket (TSE:4487), the current EPS without NRI is 円6.85 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 Spacemarket (TSE:4487) Overvalued in 2026?

Based on GuruFocus' analysis, Spacemarket stock appears to be undervalued. The current stock price of 円214.00 is trading 63.8% below its estimated GF Value™ of 円590.41. GuruFocus considers Spacemarket to be Possible Value Trap.

Key valuation signals for TSE:4487:

  • EPS without NRI: 円6.85
  • GF Value™: 円590.41 vs. price of 円214.00 (63.8% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the TSE:4487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spacemarket Business Description

Address 25-14 Jingumae 6-chome, Shibuya-ku, 2F JRE Jingumae Media Square Building, Tokyo, JPN, 150-0001
Spacemarket Inc operates a web platform, Space Market, for lending and borrowing unused space. The company's services enable its customers to rent and borrow idle spaces in Japan and overseas, such as off-season ballparks and wedding halls, among others. The Group has only one segment, the Space Market business.
58GF Score

Get the complete analysis for TSE:4487

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

円214.00
Price
円590.41
GF Value