DTCOM - Direct To Co (BSP:DTCY3) Retained Earnings: R$-74.28 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:DTCY3 DTCOM - Direct To Co SA BSP:DTCY3
48 GF Score
Price R$2.30
GF Value R$4.53
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is DTCOM - Direct To Co Retained Earnings?

DTCOM - Direct To Co BSP:DTCY3 48 Retained Earnings is R$-74.28 Mil as of Mar. 2026. GuruFocus rates BSP:DTCY3 with a GF Score™ of 48/100 and a GF Value™ of R$4.53 (Possible Value Trap). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DTCOM - Direct To Co's retained earnings for the quarter that ended in Mar. 2026 was R$-74.28 Mil.

DTCOM - Direct To Co's quarterly retained earnings declined from Sep. 2025 (R$-73.53 Mil) to Dec. 2025 (R$-73.81 Mil) and declined from Dec. 2025 (R$-73.81 Mil) to Mar. 2026 (R$-74.28 Mil).

DTCOM - Direct To Co's annual retained earnings declined from Dec. 2023 (R$-72.37 Mil) to Dec. 2024 (R$-73.51 Mil) and declined from Dec. 2024 (R$-73.51 Mil) to Dec. 2025 (R$-73.81 Mil).


DTCOM - Direct To Co  (BSP:DTCY3) 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.


DTCOM - Direct To Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for DTCOM - Direct To Co'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.

DTCOM - Direct To Co Retained Earnings Chart

DTCOM - Direct To Co 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 -68.14 -68.41 -72.37 -73.51 -73.81

DTCOM - Direct To Co 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 -73.63 -74.09 -73.53 -73.81 -74.28
BSP:DTCY3
48GF Score
DTCOM - Direct To Co SA BSP:DTCY3
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DTCOM - Direct To Co 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 R$-74.28 Mil mean?
DTCOM - Direct To Co (BSP:DTCY3) has a Retained Earnings of R$-74.28 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on DTCOM - Direct To Co and its competitors.
Is DTCOM - Direct To Co's Retained Earnings too high?
DTCOM - Direct To Co's current Retained Earnings is R$-74.28 Mil. Overall, DTCOM - Direct To Co has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DTCOM - Direct To Co's Retained Earnings compare to VZ and TMUS?
DTCOM - Direct To Co's Retained Earnings of R$-74.28 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 DTCOM - Direct To Co and its competitors. DTCOM - Direct To Co's current Retained Earnings is R$-74.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DTCOM - Direct To Co stock overvalued right now?
Based on GuruFocus' analysis, DTCOM - Direct To Co (BSP:DTCY3) is currently considered Possible Value Trap. The stock's GF Value™ is R$4.53, compared to a current price of R$2.30 — trading 49.2% below its estimated fair value. The current Retained Earnings is R$-74.28 Mil. DTCOM - Direct To Co's overall GF Score™ is 48/100 with 4 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 DTCOM - Direct To Co (BSP:DTCY3), the current Retained Earnings is R$-74.28 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 DTCOM - Direct To Co (BSP:DTCY3) Overvalued in 2026?

Based on GuruFocus' analysis, DTCOM - Direct To Co stock appears to be undervalued. The current stock price of R$2.30 is trading 49.2% below its estimated GF Value™ of R$4.53. GuruFocus considers DTCOM - Direct To Co to be Possible Value Trap.

Key valuation signals for BSP:DTCY3:

  • Retained Earnings: R$-74.28 Mil
  • GF Value™: R$4.53 vs. price of R$2.30 (49.2% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the BSP:DTCY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DTCOM - Direct To Co Business Description

Address Av Dom Pedro Ii, 1720, Quatro Barras, PR, BRA, 83420000
DTCOM - Direct To Co SA provides distance learning solutions, corporate communication & satellite telecommunications services. Its offerings include video portals, educational TV channels, & teleconference &videoconference services among others. It produces content for distance education; and provides courseware acquis made by educational experts for educational, interactive, and functional needs. The company also operates WayCO platform, a platform focused on managing the production of content. In addition, it offers corporate solutions for self-development of careers; and develops customized projects for continuing education courses in the online format, as well as executive business administration courses.
48GF Score

Get the complete analysis for BSP:DTCY3

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

R$2.30
Price
R$4.53
GF Value