Mfc Asset Management PCL (BKK:MFC) Retained Earnings: ฿551 Mil (As of Mar. 2026)

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BKK:MFC Mfc Asset Management PCL BKK:MFC
76 GF Score
Price ฿20.10
GF Value ฿32.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Mfc Asset Management PCL Retained Earnings?

Mfc Asset Management PCL BKK:MFC 76 Retained Earnings is ฿551 Mil as of Mar. 2026. GuruFocus rates BKK:MFC with a GF Score™ of 76/100 and a GF Value™ of ฿32.29 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mfc Asset Management PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿551 Mil.

Mfc Asset Management PCL's quarterly retained earnings declined from Sep. 2025 (฿480 Mil) to Dec. 2025 (฿475 Mil) but then increased from Dec. 2025 (฿475 Mil) to Mar. 2026 (฿551 Mil).

Mfc Asset Management PCL's annual retained earnings declined from Dec. 2023 (฿469 Mil) to Dec. 2024 (฿376 Mil) but then increased from Dec. 2024 (฿376 Mil) to Dec. 2025 (฿475 Mil).


Mfc Asset Management PCL  (BKK:MFC) 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.


Mfc Asset Management PCL Retained Earnings Historical Data

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The historical data trend for Mfc Asset Management PCL'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.

Mfc Asset Management PCL Retained Earnings Chart

Mfc Asset Management PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 511.38 468.05 468.64 375.83 475.39

Mfc Asset Management PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 437.19 394.34 479.72 475.39 551.08
BKK:MFC
76GF Score
Mfc Asset Management PCL BKK:MFC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfc Asset Management PCL 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 ฿551 Mil mean?
Mfc Asset Management PCL (BKK:MFC) has a Retained Earnings of ฿551 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mfc Asset Management PCL and its competitors.
Is Mfc Asset Management PCL's Retained Earnings too high?
Mfc Asset Management PCL's current Retained Earnings is ฿551 Mil. Overall, Mfc Asset Management PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc Asset Management PCL's Retained Earnings compare to BLK and BX?
Mfc Asset Management PCL's Retained Earnings of ฿551 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 Mfc Asset Management PCL and its competitors. Mfc Asset Management PCL's current Retained Earnings is ฿551 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Mfc Asset Management PCL (BKK:MFC) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿32.29, compared to a current price of ฿20.10 — trading 37.8% below its estimated fair value. The current Retained Earnings is ฿551 Mil. Mfc Asset Management PCL's overall GF Score™ is 76/100 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 Mfc Asset Management PCL (BKK:MFC), the current Retained Earnings is ฿551 Mil as of Mar. 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 Mfc Asset Management PCL (BKK:MFC) Overvalued in 2026?

Based on GuruFocus' analysis, Mfc Asset Management PCL stock appears to be undervalued. The current stock price of ฿20.10 is trading 37.8% below its estimated GF Value™ of ฿32.29. GuruFocus considers Mfc Asset Management PCL to be Significantly Undervalued.

Key valuation signals for BKK:MFC:

  • Retained Earnings: ฿551 Mil
  • GF Value™: ฿32.29 vs. price of ฿20.10 (37.8% below fair value)
  • GF Score™: 76/100 with 1 warning sign

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


Mfc Asset Management PCL Business Description

Address Witthayu Road, 16th -17th Floor, 195 One Bangkok Tower 4, Lumphini, Pathum Wan, Bangkok, THA, 10330
Mfc Asset Management PCL is a Thailand-based company that engages in the provision of fund management services. The company is licensed to manage mutual funds, provident funds, private funds, securities registrar, and real estate investment trusts. Its only operating segment is fund management.
76GF Score

Get the complete analysis for BKK:MFC

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

฿20.10
Price
฿32.29
GF Value