Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Spheria Emerging Co's Net Income for the
six
months ended in Dec. 2025 was A$12.62 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was A$18.22 Mil.
Spheria Emerging Co (ASX:SEC) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Spheria Emerging Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as
* 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.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable business
Consistent accounting methods
And few restructurings
The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Spheria Emerging Co Net Income Related Terms
Spheria Emerging Co Net Income Historical Data
* Premium members only.
The historical data trend for Spheria Emerging Co's Net Income 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.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income 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 A$18.22 Mil.
* 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.
Spheria Emerging Co (ASX:SEC) has a Net Income of A$18.22 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Spheria Emerging Co and its competitors.
Is Spheria Emerging Co's Net Income too high?
Spheria Emerging Co's current Net Income is A$18.22 Mil. Overall, Spheria Emerging Co has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spheria Emerging Co's Net Income compare to BLK and BX?
Spheria Emerging Co's Net Income of A$18.22 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Spheria Emerging Co and its competitors. Spheria Emerging Co's current Net Income is A$18.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spheria Emerging Co stock overvalued right now?
Based on GuruFocus' analysis, Spheria Emerging Co (ASX:SEC) is currently considered Significantly Undervalued. The stock's GF Value™ is A$3.51, compared to a current price of A$2.44 — trading 30.5% below its estimated fair value. The current Net Income is A$18.22 Mil. Spheria Emerging Co's overall GF Score™ is 60/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Spheria Emerging Co (ASX:SEC), the current Net Income is A$18.22 Mil 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 Spheria Emerging Co (ASX:SEC) Overvalued in 2026?
Based on GuruFocus' analysis, Spheria Emerging Co stock appears to be undervalued.
The current stock price of A$2.44 is trading 30.5% below its estimated GF Value™ of A$3.51.
GuruFocus considers Spheria Emerging Co to be Significantly Undervalued.
Key valuation signals for ASX:SEC:
Net Income: A$18.22 Mil
GF Value™: A$3.51 vs. price of A$2.44 (30.5% below fair value)
No single metric tells the full story. See the ASX:SEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spheria Emerging Co Ltd is an investment management company focus specializing in small and microcap companies. The company's investment objective is to provide total returns over the Benchmark; and capital growth, over each full investment cycle. the company operates in a single segment which is investment activities & Geographically it operates from Australia only.
60GF Score
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