Zero Co (TSE:9028) EPS without NRI: 円325.91 (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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:9028 Zero Co Ltd TSE:9028
76 GF Score
Price 円3,680.00
GF Value 円2,581.54
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zero Co EPS without NRI?

Zero Co TSE:9028 +0.27% 76 EPS without NRI is 円325.91 as of Mar. 2026. GuruFocus rates TSE:9028 with a GF Score™ of 76/100 and a GF Value™ of 円2,581.54 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,053 Vehicles & Parts companies, Zero Co ranks better than 82.81% on this metric.

Zero Co's earnings per share without non-recurring items for the three months ended in Mar. 2026 was 円120.90. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 円325.91.

During the past 12 months, Zero Co's average earnings per share (NRI) Growth Rate was 19.00% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 41.20% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 19.20% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 7.00% 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 Zero Co's EPS without NRI or its related term are showing as below:

TSE:9028' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -21.7   Med: 16.9   Max: 62.2
Current: 41.2

During the past 13 years, Zero Co's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 62.20% per year. The lowest was -21.70% per year. And the median was 16.90% per year.

TSE:9028's 3-Year EPS without NRI Growth Rate is ranked better than
82.81% of 1053 companies
in the Vehicles & Parts industry
Industry Median: 8.3 vs TSE:9028: 41.20

Zero Co's EPS (Diluted) for the three months ended in Mar. 2026 was 円120.90. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円325.91.

Zero Co's EPS (Basic) for the three months ended in Mar. 2026 was 円120.91. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was 円325.89.


Zero Co  (TSE:9028) 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.


Zero Co EPS without NRI Related Terms


Zero Co EPS without NRI Historical Data

* Premium members only.

The historical data trend for Zero 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.

Zero Co EPS without NRI Chart

Zero Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.85 150.72 203.96 245.61 423.91

Zero Co 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 114.90 101.91 103.10 0.00 120.90

TSE:9028 vs CVNA, PAG, ALTB: EPS without NRI Comparison

For the Auto & Truck Dealerships subindustry, Zero 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.


Zero Co PE Ratio without NRI vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's PE Ratio without NRI distribution charts can be found below:

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


TSE:9028
76GF Score
Zero Co Ltd TSE:9028
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero 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 quarterly data reported by the company within the most recent 12 months, which was 円325.91

* 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325.91 mean?
Zero Co (TSE:9028) has a EPS without NRI of 円325.91 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Zero Co and its competitors. According to the industry distribution chart, Zero Co ranks #181 out of 1053 companies in the Vehicles & Parts industry, placing it in the top 17.2%.
Is Zero Co's EPS without NRI too high?
Zero Co's current EPS without NRI is 円325.91. Based on the distribution chart, Zero Co ranks #181 out of 1053 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Zero Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's EPS without NRI compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Zero Co ranks #181 out of 1053 companies for EPS without NRI. This places Zero Co in the top 17% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 8.30. 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 Vehicles & Parts company?
The median EPS without NRI among Vehicles & Parts companies is 8.30, based on 1,053 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 Zero Co and its competitors. For the Vehicles & Parts industry, the median EPS without NRI is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zero Co's current EPS without NRI is 円325.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,581.54, compared to a current price of 円3,680.00 — trading 42.6% above its estimated fair value. The current EPS without NRI is 円325.91. Zero Co's overall GF Score™ is 76/100 with 2 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 Zero Co (TSE:9028), the current EPS without NRI is 円325.91 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 Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,680.00 is trading 42.6% above its estimated GF Value™ of 円2,581.54. GuruFocus considers Zero Co to be Significantly Overvalued.

Key valuation signals for TSE:9028:

  • EPS without NRI: 円325.91
  • GF Value™: 円2,581.54 vs. price of 円3,680.00 (42.6% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero Co Business Description

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
76GF Score

Get the complete analysis for TSE:9028

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

円3,680.00
Price
円2,581.54
GF Value