Kinden (FRA:109) Retained Earnings: €2,858 Mil (As of Mar. 2026)

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FRA:109 Kinden Corp FRA:109
81 GF Score
Price €37.60
GF Value €19.84
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kinden Retained Earnings?

Kinden FRA:109 -0.53% 81 Retained Earnings is €2,858 Mil as of Mar. 2026. GuruFocus rates FRA:109 with a GF Score™ of 81/100 and a GF Value™ of €19.84 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kinden's retained earnings for the quarter that ended in Mar. 2026 was €2,858 Mil.

Kinden's quarterly retained earnings declined from Sep. 2025 (€2,820 Mil) to Dec. 2025 (€2,712 Mil) but then increased from Dec. 2025 (€2,712 Mil) to Mar. 2026 (€2,858 Mil).

Kinden's annual retained earnings increased from Mar. 2024 (€2,786 Mil) to Mar. 2025 (€2,959 Mil) but then declined from Mar. 2025 (€2,959 Mil) to Mar. 2026 (€2,858 Mil).


Kinden  (FRA:109) 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.


Kinden Retained Earnings Historical Data

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The historical data trend for Kinden'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.

Kinden Retained Earnings Chart

Kinden Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,160.01 3,029.88 2,785.54 2,958.59 2,858.35

Kinden Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2,827.41 2,820.10 2,712.21 2,858.35 1,629.14
FRA:109
81GF Score
Kinden Corp FRA:109
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinden 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 €2,858 Mil mean?
Kinden (FRA:109) has a Retained Earnings of €2,858 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kinden and its competitors.
Is Kinden's Retained Earnings too high?
Kinden's current Retained Earnings is €2,858 Mil. Overall, Kinden has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kinden's Retained Earnings compare to PWR and FIX?
Kinden's Retained Earnings of €2,858 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 Kinden and its competitors. Kinden's current Retained Earnings is €2,858 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinden stock overvalued right now?
Based on GuruFocus' analysis, Kinden (FRA:109) is currently considered Significantly Overvalued. The stock's GF Value™ is €19.84, compared to a current price of €37.60 — trading 89.5% above its estimated fair value. The current Retained Earnings is €2,858 Mil. Kinden's overall GF Score™ is 81/100 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 Kinden (FRA:109), the current Retained Earnings is €2,858 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 Kinden (FRA:109) Overvalued in 2026?

Based on GuruFocus' analysis, Kinden stock appears to be overvalued. The current stock price of €37.60 is trading 89.5% above its estimated GF Value™ of €19.84. GuruFocus considers Kinden to be Significantly Overvalued.

Key valuation signals for FRA:109:

  • Retained Earnings: €2,858 Mil
  • GF Value™: €19.84 vs. price of €37.60 (89.5% above fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the FRA:109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinden Business Description

Other Exchanges 1944:Japan109:Germany
Address 2-3-41 Honjo Higashi, Kita-ku, Osaka, JPN, 102-8628
Kinden Corp is a Japanese industrial company specializing in facility construction and the electrical construction business. Its operations cover a wide range of activities, including power distribution, electrical installations for buildings and factories, power transmission line projects, and substation-related work. The company offers alternative-energy power generation and fuel cell systems, facility and factory automation and security systems, air conditioning and water supply solutions, warehouse and medical facility communication systems, and sanitation and electrical system diagnosis solutions.
81GF Score

Get the complete analysis for FRA:109

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

€37.60
Price
€19.84
GF Value