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Ermenegildo Zegna NVZGN -0.49%82 EPS without NRI is $0.32 as of Dec. 2025. GuruFocus rates ZGN with a GF Score™ of 82/100 and a GF Value™ of $11.31 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 791 Manufacturing - Apparel & Accessories companies, Ermenegildo Zegna NV ranks better than 77.75% on this metric.
Ermenegildo Zegna NV's earnings per share without non-recurring items for the
six
months ended in Dec. 2025 was $0.15.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2025 was $0.32.
During the past 12 months, Ermenegildo Zegna NV's average earnings per share (NRI) Growth Rate was 52.30% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was 25.80% 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 Ermenegildo Zegna NV's EPS without NRI or its related term are showing as below:
ZGN'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -2.5 Med: 23.6 Max: 27.5
Current: 25.8
During the past 8 years, Ermenegildo Zegna NV's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 27.50% per year. The lowest was -2.50% per year. And the median was 23.60% per year.
ZGN's 3-Year EPS without NRI Growth Rate is ranked better than 77.75% of 791
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.3
vs ZGN: 25.80
Ermenegildo Zegna NV (NYSE:ZGN) 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.
Ermenegildo Zegna NV EPS without NRI Related Terms
Ermenegildo Zegna NV EPS without NRI Historical Data
* Premium members only.
The historical data trend for Ermenegildo Zegna NV'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 Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.
Ermenegildo Zegna NV PE Ratio without NRI vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Ermenegildo Zegna NV'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 semi-annually data reported by the company within the most recent 12 months, which was $0.32
* 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.
Ermenegildo Zegna NV (ZGN) has a EPS without NRI of $0.32 as of Dec. 2025. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Ermenegildo Zegna NV and its competitors. According to the industry distribution chart, Ermenegildo Zegna NV ranks #176 out of 791 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.3%.
Is Ermenegildo Zegna NV's EPS without NRI too high?
Ermenegildo Zegna NV's current EPS without NRI is $0.32. The Manufacturing - Apparel & Accessories industry median EPS without NRI is 2.30. Ermenegildo Zegna NV's value of $0.32 is 86.1% below this industry median. Based on the distribution chart, Ermenegildo Zegna NV ranks #176 out of 791 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ermenegildo Zegna NV has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's EPS without NRI compare to PVH and COLM?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ermenegildo Zegna NV ranks #176 out of 791 companies for EPS without NRI. This places Ermenegildo Zegna NV in the top 22% of its industry — outperforming the majority of peers. The industry median EPS without NRI is 2.30. Ermenegildo Zegna NV's value of $0.32 is 86.1% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median EPS without NRI among Manufacturing - Apparel & Accessories companies is 2.30, based on 791 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. Ermenegildo Zegna NV's current EPS without NRI of $0.32 is 86.1% below the industry median. 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 Ermenegildo Zegna NV and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EPS without NRI is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ermenegildo Zegna NV's current EPS without NRI is $0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (ZGN) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.31, compared to a current price of $14.36 — trading 27% above its estimated fair value. The current EPS without NRI is $0.32 and 86.1% below the Manufacturing - Apparel & Accessories industry median of 2.30. Ermenegildo Zegna NV's overall GF Score™ is 82/100 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 Ermenegildo Zegna NV (ZGN), the current EPS without NRI is $0.32 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 Ermenegildo Zegna NV (ZGN) Overvalued in 2026?
Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued.
The current stock price of $14.36 is trading 27% above its estimated GF Value™ of $11.31.
GuruFocus considers Ermenegildo Zegna NV to be Modestly Overvalued.
Key valuation signals for ZGN:
EPS without NRI: $0.32
GF Value™: $11.31 vs. price of $14.36 (27% above fair value)
Industry Position: 86.1% below the Manufacturing - Apparel & Accessories median (#176 of 791)
No single metric tells the full story. See the ZGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
82GF Score
Get the complete analysis for ZGN
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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