CUVL (Clinuvel Pharmaceuticals) Retained Earnings: $47.55 Mil (As of Dec. 2025)

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.

CUVL Clinuvel Pharmaceuticals Ltd CUVL
89 GF Score
Price $7.02
GF Value $12.43
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Clinuvel Pharmaceuticals Retained Earnings?

Clinuvel Pharmaceuticals CUVL -5.14% 89 Retained Earnings is $47.55 Mil as of Dec. 2025. GuruFocus rates CUVL with a GF Score™ of 89/100 and a GF Value™ of $12.43 (Significantly 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. Clinuvel Pharmaceuticals's retained earnings for the quarter that ended in Dec. 2025 was $47.55 Mil.

Clinuvel Pharmaceuticals's quarterly retained earnings increased from Dec. 2024 ($26.31 Mil) to Jun. 2025 ($41.43 Mil) and increased from Jun. 2025 ($41.43 Mil) to Dec. 2025 ($47.55 Mil).

Clinuvel Pharmaceuticals's annual retained earnings increased from Jun. 2023 ($-6.56 Mil) to Jun. 2024 ($19.90 Mil) and increased from Jun. 2024 ($19.90 Mil) to Jun. 2025 ($41.43 Mil).


Clinuvel Pharmaceuticals  (NAS:CUVL) 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.


Clinuvel Pharmaceuticals Retained Earnings Historical Data

* Premium members only.

The historical data trend for Clinuvel Pharmaceuticals'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.

Clinuvel Pharmaceuticals Retained Earnings Chart

Clinuvel Pharmaceuticals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.44 -26.99 -6.56 19.90 41.43

Clinuvel Pharmaceuticals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.52 19.90 26.31 41.43 47.55
CUVL
89GF Score
Clinuvel Pharmaceuticals Ltd CUVL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clinuvel Pharmaceuticals 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 $47.55 Mil mean?
Clinuvel Pharmaceuticals (CUVL) has a Retained Earnings of $47.55 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Clinuvel Pharmaceuticals and its competitors.
Is Clinuvel Pharmaceuticals' Retained Earnings too high?
Clinuvel Pharmaceuticals' current Retained Earnings is $47.55 Mil. Overall, Clinuvel Pharmaceuticals has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clinuvel Pharmaceuticals' Retained Earnings compare to VRTX and REGN?
Clinuvel Pharmaceuticals' Retained Earnings of $47.55 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Retained Earnings depends on the Biotechnology 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 Clinuvel Pharmaceuticals and its competitors. Clinuvel Pharmaceuticals's current Retained Earnings is $47.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clinuvel Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Clinuvel Pharmaceuticals (CUVL) is currently considered Significantly Undervalued. The stock's GF Value™ is $12.43, compared to a current price of $7.02 — trading 43.5% below its estimated fair value. The current Retained Earnings is $47.55 Mil. Clinuvel Pharmaceuticals' overall GF Score™ is 89/100 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 Clinuvel Pharmaceuticals (CUVL), the current Retained Earnings is $47.55 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 Clinuvel Pharmaceuticals (CUVL) Overvalued in 2026?

Based on GuruFocus' analysis, Clinuvel Pharmaceuticals stock appears to be undervalued. The current stock price of $7.02 is trading 43.5% below its estimated GF Value™ of $12.43. GuruFocus considers Clinuvel Pharmaceuticals to be Significantly Undervalued.

Key valuation signals for CUVL:

  • Retained Earnings: $47.55 Mil
  • GF Value™: $12.43 vs. price of $7.02 (43.5% below fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Clinuvel Pharmaceuticals Business Description

Address 535 Bourke Street, Level 22, Melbourne, VIC, AUS, 3000
Clinuvel distributes a single product, Scenesse, the only approved treatment for phototoxic reactions specifically associated with a rare genetic disease called erythropoietic protoporphyria. EPP causes extreme pain or burns from brief exposure to light, affecting a patient's quality of life. Scenesse is a patented dissolvable implant, comparable in size with a rice grain, injected underneath the skin roughly every three months for ongoing protection. The implant controls the release of a synthetic drug which promotes the production of more melanin, thereby reducing pain and increasing tolerance for light exposure. The majority of Clinuvel's earnings stem from Europe and the US.
89GF Score

Get the complete analysis for CUVL

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

$7.02
Price
$12.43
GF Value