Nforce Secure PCL (BKK:SECURE) Retained Earnings: ฿266 Mil (As of Mar. 2026)

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BKK:SECURE Nforce Secure PCL BKK:SECURE
93 GF Score
Price ฿12.80
GF Value ฿15.15
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nforce Secure PCL Retained Earnings?

Nforce Secure PCL BKK:SECURE -13.51% 93 Retained Earnings is ฿266 Mil as of Mar. 2026. GuruFocus rates BKK:SECURE with a GF Score™ of 93/100 and a GF Value™ of ฿15.15 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nforce Secure PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿266 Mil.

Nforce Secure PCL's quarterly retained earnings increased from Sep. 2025 (฿200 Mil) to Dec. 2025 (฿232 Mil) and increased from Dec. 2025 (฿232 Mil) to Mar. 2026 (฿266 Mil).

Nforce Secure PCL's annual retained earnings increased from Dec. 2023 (฿134 Mil) to Dec. 2024 (฿184 Mil) and increased from Dec. 2024 (฿184 Mil) to Dec. 2025 (฿232 Mil).


Nforce Secure PCL  (BKK:SECURE) 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.


Nforce Secure PCL Retained Earnings Historical Data

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The historical data trend for Nforce Secure 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.

Nforce Secure PCL Retained Earnings Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 35.94 73.83 134.07 183.78 231.63

Nforce Secure 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 212.91 172.69 199.86 231.63 266.21
BKK:SECURE
93GF Score
Nforce Secure PCL BKK:SECURE
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Nforce Secure 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 ฿266 Mil mean?
Nforce Secure PCL (BKK:SECURE) has a Retained Earnings of ฿266 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Nforce Secure PCL and its competitors.
Is Nforce Secure PCL's Retained Earnings too high?
Nforce Secure PCL's current Retained Earnings is ฿266 Mil. Overall, Nforce Secure PCL has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Retained Earnings compare to SNX and ARW?
Nforce Secure PCL's Retained Earnings of ฿266 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 Nforce Secure PCL and its competitors. Nforce Secure PCL's current Retained Earnings is ฿266 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿15.15, compared to a current price of ฿12.80 — trading 15.5% below its estimated fair value. The current Retained Earnings is ฿266 Mil. Nforce Secure PCL's overall GF Score™ is 93/100 with 2 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 Nforce Secure PCL (BKK:SECURE), the current Retained Earnings is ฿266 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued. The current stock price of ฿12.80 is trading 15.5% below its estimated GF Value™ of ฿15.15. GuruFocus considers Nforce Secure PCL to be Modestly Undervalued.

Key valuation signals for BKK:SECURE:

  • Retained Earnings: ฿266 Mil
  • GF Value™: ฿15.15 vs. price of ฿12.80 (15.5% below fair value)
  • GF Score™: 93/100 with 2 warning signs

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


Nforce Secure PCL Business Description

Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
93GF Score

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

฿12.80
Price
฿15.15
GF Value