Merus Power Oyj (FRA:99H) Retained Earnings: €-9.46 Mil (As of Dec. 2025)

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FRA:99H Merus Power Oyj FRA:99H
75 GF Score
Price €4.96
GF Value €9.09
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Merus Power Oyj Retained Earnings?

Merus Power Oyj FRA:99H +2.27% 75 Retained Earnings is €-9.46 Mil as of Dec. 2025. GuruFocus rates FRA:99H with a GF Score™ of 75/100 and a GF Value™ of €9.09 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Merus Power Oyj's retained earnings for the quarter that ended in Dec. 2025 was €-9.46 Mil.

Merus Power Oyj's quarterly retained earnings declined from Dec. 2024 (€-8.33 Mil) to Jun. 2025 (€-9.51 Mil) but then increased from Jun. 2025 (€-9.51 Mil) to Dec. 2025 (€-9.46 Mil).

Merus Power Oyj's annual retained earnings declined from Dec. 2023 (€-5.68 Mil) to Dec. 2024 (€-8.33 Mil) and declined from Dec. 2024 (€-8.33 Mil) to Dec. 2025 (€-9.46 Mil).


Merus Power Oyj  (FRA:99H) 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.


Merus Power Oyj Retained Earnings Historical Data

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The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Retained Earnings Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial -4.77 -4.88 -5.68 -8.33 -9.46

Merus Power Oyj Semi-Annual Data
Dec18 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 -5.68 -10.00 -8.33 -9.51 -9.46
FRA:99H
75GF Score
Merus Power Oyj FRA:99H
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Merus Power Oyj 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 €-9.46 Mil mean?
Merus Power Oyj (FRA:99H) has a Retained Earnings of €-9.46 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Merus Power Oyj and its competitors.
Is Merus Power Oyj's Retained Earnings too high?
Merus Power Oyj's current Retained Earnings is €-9.46 Mil. Overall, Merus Power Oyj has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merus Power Oyj's Retained Earnings compare to GEV and ETN?
Merus Power Oyj's Retained Earnings of €-9.46 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Merus Power Oyj and its competitors. Merus Power Oyj's current Retained Earnings is €-9.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merus Power Oyj stock overvalued right now?
Based on GuruFocus' analysis, Merus Power Oyj (FRA:99H) is currently considered Significantly Undervalued. The stock's GF Value™ is €9.09, compared to a current price of €4.96 — trading 45.4% below its estimated fair value. The current Retained Earnings is €-9.46 Mil. Merus Power Oyj's overall GF Score™ is 75/100 with 5 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 Merus Power Oyj (FRA:99H), the current Retained Earnings is €-9.46 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 Merus Power Oyj (FRA:99H) Overvalued in 2026?

Based on GuruFocus' analysis, Merus Power Oyj stock appears to be undervalued. The current stock price of €4.96 is trading 45.4% below its estimated GF Value™ of €9.09. GuruFocus considers Merus Power Oyj to be Significantly Undervalued.

Key valuation signals for FRA:99H:

  • Retained Earnings: €-9.46 Mil
  • GF Value™: €9.09 vs. price of €4.96 (45.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the FRA:99H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merus Power Oyj Business Description

Other Exchanges MERUS:Finland
Address Pallotie 2, Ylojarvi, FIN, 33470
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic electricity storage, power quality solutions and services. Its business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's business operations have been divided into two technological areas: Energy storage solutions and Energy quality solutions.
75GF Score

Get the complete analysis for FRA:99H

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

€4.96
Price
€9.09
GF Value