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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MAAS Group Holdings's retained earnings for the quarter that ended in Dec. 2025 was A$300 Mil.
MAAS Group Holdings's quarterly retained earnings
increased
from Dec. 2024 (A$246 Mil) to Jun. 2025 (A$275 Mil) and
increased
from Jun. 2025 (A$275 Mil) to Dec. 2025 (A$300 Mil).
MAAS Group Holdings's annual retained earnings
increased
from Jun. 2023 (A$172 Mil) to Jun. 2024 (A$226 Mil) and
increased
from Jun. 2024 (A$226 Mil) to Jun. 2025 (A$275 Mil).
MAAS Group Holdings (ASX:MGH) 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.
MAAS Group Holdings Retained Earnings Historical Data
* Premium members only.
The historical data trend for MAAS Group Holdings'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.
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.
MAAS Group Holdings (ASX:MGH) has a Retained Earnings of A$300 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on MAAS Group Holdings and its competitors.
Is MAAS Group Holdings' Retained Earnings too high?
MAAS Group Holdings' current Retained Earnings is A$300 Mil. Overall, MAAS Group Holdings has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MAAS Group Holdings' Retained Earnings compare to PWR and FIX?
MAAS Group Holdings' Retained Earnings of A$300 Mil can be compared against companies in the Construction 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 a Construction company?
A good Retained Earnings depends on the Construction 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 MAAS Group Holdings and its competitors. MAAS Group Holdings's current Retained Earnings is A$300 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAAS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, MAAS Group Holdings (ASX:MGH) is currently considered Fairly Valued. The stock's GF Value™ is A$5.59, compared to a current price of A$5.55 — trading 0.7% below its estimated fair value. The current Retained Earnings is A$300 Mil. MAAS Group Holdings' overall GF Score™ is 59/100 with 8 warning signs 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 MAAS Group Holdings (ASX:MGH), the current Retained Earnings is A$300 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 MAAS Group Holdings (ASX:MGH) Overvalued in 2026?
Based on GuruFocus' analysis, MAAS Group Holdings stock appears to be undervalued.
The current stock price of A$5.55 is trading 0.7% below its estimated GF Value™ of A$5.59.
GuruFocus considers MAAS Group Holdings to be Fairly Valued.
Key valuation signals for ASX:MGH:
Retained Earnings: A$300 Mil
GF Value™: A$5.59 vs. price of A$5.55 (0.7% below fair value)
No single metric tells the full story. See the ASX:MGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAAS Group Holdings Ltd is an industrial service and real estate business with exposure across the property, civil, infrastructure, renewable energy, and mining sectors. The company's operating segments include Construction Materials; Residential Real Estate; Civil, Construction and Hire; Commercial Real Estate; Manufacturing; and Others. It generates maximum revenue from the Construction Materials segment which provides various services like supply of quarry materials to construction projects, mobile crushing and screening for quarries, civil works and mining, geotechnical services, asphalt services, and quarry excavation services. Geographically, the company's customers are located across Australia, Vietnam, Indonesia, Mongolia, Papua New Guinea, and New Zealand.
59GF Score
Get the complete analysis for ASX:MGH
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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