Hearts And Minds Investments (ASX:HM1) Retained Earnings: A$0.00 Mil (As of Dec. 2025)

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ASX:HM1 Hearts And Minds Investments Ltd ASX:HM1
45 GF Score
Price A$2.98
GF Value A$1.51
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hearts And Minds Investments Retained Earnings?

Hearts And Minds Investments ASX:HM1 -1.00% 45 Retained Earnings is A$0.00 Mil as of Dec. 2025. GuruFocus rates ASX:HM1 with a GF Score™ of 45/100 and a GF Value™ of A$1.51 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hearts And Minds Investments's retained earnings for the quarter that ended in Dec. 2025 was A$0.00 Mil.

Hearts And Minds Investments's quarterly retained earnings increased from Dec. 2024 (A$63.92 Mil) to Jun. 2025 (A$65.78 Mil) but then declined from Jun. 2025 (A$65.78 Mil) to Dec. 2025 (A$0.00 Mil).

Hearts And Minds Investments's annual retained earnings increased from Jun. 2023 (A$-62.11 Mil) to Jun. 2024 (A$-11.18 Mil) and increased from Jun. 2024 (A$-11.18 Mil) to Jun. 2025 (A$65.78 Mil).


Hearts And Minds Investments  (ASX:HM1) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hearts And Minds Investments Retained Earnings Historical Data

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The historical data trend for Hearts And Minds Investments's Retained Earnings 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.

Hearts And Minds Investments Retained Earnings Chart

Hearts And Minds Investments Annual Data
Trend Oct18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial 0.00 -94.84 -62.11 -11.18 65.78

Hearts And Minds Investments Semi-Annual Data
Oct18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.56 -11.18 63.92 65.78 0.00
ASX:HM1
45GF Score
Hearts And Minds Investments Ltd ASX:HM1
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Hearts And Minds Investments Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of A$0.00 Mil mean?
Hearts And Minds Investments (ASX:HM1) has a Retained Earnings of A$0.00 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hearts And Minds Investments and its competitors.
Is Hearts And Minds Investments' Retained Earnings too high?
Hearts And Minds Investments' current Retained Earnings is A$0.00 Mil. Overall, Hearts And Minds Investments has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' Retained Earnings compare to BLK and BX?
Hearts And Minds Investments' Retained Earnings of A$0.00 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 Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Hearts And Minds Investments and its competitors. Hearts And Minds Investments's current Retained Earnings is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$2.98 — trading 97.4% above its estimated fair value. The current Retained Earnings is A$0.00 Mil. Hearts And Minds Investments' overall GF Score™ is 45/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Hearts And Minds Investments (ASX:HM1), the current Retained Earnings is A$0.00 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 Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?

Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be overvalued. The current stock price of A$2.98 is trading 97.4% above its estimated GF Value™ of A$1.51. GuruFocus considers Hearts And Minds Investments to be Significantly Overvalued.

Key valuation signals for ASX:HM1:

  • Retained Earnings: A$0.00 Mil
  • GF Value™: A$1.51 vs. price of A$2.98 (97.4% above fair value)
  • GF Score™: 45/100 with 1 warning sign

No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hearts And Minds Investments Business Description

Address 2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
45GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.98
Price
A$1.51
GF Value