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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.
* 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.
Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) has a Retained Earnings of ฿3,779 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Frasers Property Thailand Industrial Freehold & Leasehold REIT and its competitors.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT's Retained Earnings too high?
Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Retained Earnings is ฿3,779 Mil. Overall, Frasers Property Thailand Industrial Freehold & Leasehold REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frasers Property Thailand Industrial Freehold & Leasehold REIT's Retained Earnings compare to PLD and PSA?
Frasers Property Thailand Industrial Freehold & Leasehold REIT's Retained Earnings of ฿3,779 Mil can be compared against companies in the REITs 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 REITs company?
A good Retained Earnings depends on the REITs 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT and its competitors. Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Retained Earnings is ฿3,779 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.15, compared to a current price of ฿12.30 — trading 10.3% above its estimated fair value. The current Retained Earnings is ฿3,779 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's overall GF Score™ is 81/100 with 11 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT), the current Retained Earnings is ฿3,779 Mil as of Jun. 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT stock appears to be overvalued.
The current stock price of ฿12.30 is trading 10.3% above its estimated GF Value™ of ฿11.15.
GuruFocus considers Frasers Property Thailand Industrial Freehold & Leasehold REIT to be Fairly Valued.
Key valuation signals for BKK:FTREIT:
Retained Earnings: ฿3,779 Mil
GF Value™: ฿11.15 vs. price of ฿12.30 (10.3% above fair value)
No single metric tells the full story. See the BKK:FTREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Property Thailand Industrial Freehold & Leasehold REIT invests in high-quality industrial and logistics properties. Its portfolio includes domestic factories, warehouses, and industrial and logistics properties which can generate high returns. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease, and/or sub-lease immovable properties. Its reportable operating segment is to provide the rental of immovable properties. Geographically, the trust's operation is carried on only in Thailand.
81GF Score
Get the complete analysis for BKK:FTREIT
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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