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.
MeiwaTSE:8103 -0.99%78 EPS without NRI is 円72.95 as of Mar. 2026. GuruFocus rates TSE:8103 with a GF Score™ of 78/100 and a GF Value™ of 円756.12 (Modestly Overvalued). Among 127 Industrial Distribution companies, Meiwa ranks better than 81.1% on this metric.
Meiwa's earnings per share without non-recurring items for the
six
months ended in Mar. 2026 was 円35.71.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 円72.95.
During the past 12 months, Meiwa's average earnings per share (NRI) Growth Rate was -8.80% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 21.60% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 19.40% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 4.20% 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 Meiwa's EPS without NRI or its related term are showing as below:
TSE:8103'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -19.5 Med: 4.3 Max: 31.1
Current: 21.6
During the past 13 years, Meiwa's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 31.10% per year. The lowest was -19.50% per year. And the median was 4.30% per year.
TSE:8103's 3-Year EPS without NRI Growth Rate is ranked better than 81.1% of 127
companies
in the Industrial Distribution industry
Industry Median: -1
vs TSE:8103: 21.60
Meiwa's EPS (Diluted) for the
six
months ended in Mar. 2026 was 円46.37.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円83.99.
Meiwa's EPS (Basic) for the
six
months ended in Mar. 2026 was 円46.37.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円83.99.
Meiwa (TSE:8103) 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.
Meiwa EPS without NRI Related Terms
Meiwa EPS without NRI Historical Data
* Premium members only.
The historical data trend for Meiwa'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:8103 vs GWW, FAST, FERG: EPS without NRI Comparison
For the Industrial Distribution subindustry, Meiwa'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.
Meiwa PE Ratio without NRI vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Meiwa's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Meiwa'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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円72.95
* 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.
Meiwa (TSE:8103) has a EPS without NRI of 円72.95 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Meiwa and its competitors. According to the industry distribution chart, Meiwa ranks #24 out of 127 companies in the Industrial Distribution industry, placing it in the top 18.9%.
Is Meiwa's EPS without NRI too high?
Meiwa's current EPS without NRI is 円72.95. Based on the distribution chart, Meiwa ranks #24 out of 127 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Meiwa has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiwa's EPS without NRI compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Meiwa ranks #24 out of 127 companies for EPS without NRI. This places Meiwa in the top 19% of its industry — outperforming the majority of peers. 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 an Industrial Distribution company?
A good EPS without NRI depends on the Industrial Distribution industry context. 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 Meiwa and its competitors. Meiwa's current EPS without NRI is 円72.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiwa stock overvalued right now?
Based on GuruFocus' analysis, Meiwa (TSE:8103) is currently considered Modestly Overvalued. The stock's GF Value™ is 円756.12, compared to a current price of 円904.00 — trading 19.6% above its estimated fair value. The current EPS without NRI is 円72.95. Meiwa's overall GF Score™ is 78/100. 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 Meiwa (TSE:8103), the current EPS without NRI is 円72.95 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 Meiwa (TSE:8103) Overvalued in 2026?
Based on GuruFocus' analysis, Meiwa stock appears to be overvalued.
The current stock price of 円904.00 is trading 19.6% above its estimated GF Value™ of 円756.12.
GuruFocus considers Meiwa to be Modestly Overvalued.
Key valuation signals for TSE:8103:
EPS without NRI: 円72.95
GF Value™: 円756.12 vs. price of 円904.00 (19.6% above fair value)
No single metric tells the full story. See the TSE:8103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiwa Corp is a Japan-based company. Along with its subsidiaries, the company operates in the following reportable segments: First Business, Second Business, Third Business, Battery and Automotive Business Division, and Others. Maximum revenue for the group is generated from the Third Business segment, which offers film products, papermaking chemicals, adhesives, synthetic resin raw materials, synthetic resin products, and inorganic chemicals. The First Business is engaged in trading earths and rare metals, flame retardants, heat insulation, waterproofing, and interior materials. Second Business represents its petroleum products business, covering lubricants to base oil, and additives, and the Battery and Automotive division invests in battery materials and offers automotive parts.
78GF Score
Get the complete analysis for TSE:8103
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:8103 has been successfully added to your 
