Ceres Power Holdings (FRA:CFJ) Retained Earnings: €-376.57 Mil (As of Dec. 2025)

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FRA:CFJ Ceres Power Holdings PLC FRA:CFJ
50 GF Score
Price €2.16
GF Value €1.94
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ceres Power Holdings Retained Earnings?

Ceres Power Holdings FRA:CFJ -5.26% 50 Retained Earnings is €-376.57 Mil as of Dec. 2025. GuruFocus rates FRA:CFJ with a GF Score™ of 50/100 and a GF Value™ of €1.94 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ceres Power Holdings's retained earnings for the quarter that ended in Dec. 2025 was €-376.57 Mil.

Ceres Power Holdings's quarterly retained earnings declined from Dec. 2024 (€-341.80 Mil) to Jun. 2025 (€-355.72 Mil) and declined from Jun. 2025 (€-355.72 Mil) to Dec. 2025 (€-376.57 Mil).

Ceres Power Holdings's annual retained earnings declined from Dec. 2023 (€-296.87 Mil) to Dec. 2024 (€-341.80 Mil) and declined from Dec. 2024 (€-341.80 Mil) to Dec. 2025 (€-376.57 Mil).


Ceres Power Holdings  (FRA:CFJ) 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.


Ceres Power Holdings Retained Earnings Historical Data

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The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Retained Earnings Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -182.65 -232.05 -296.87 -341.80 -376.57

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 -296.87 -316.13 -341.80 -355.72 -376.57
FRA:CFJ
50GF Score
Ceres Power Holdings PLC FRA:CFJ
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Ceres Power Holdings 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 €-376.57 Mil mean?
Ceres Power Holdings (FRA:CFJ) has a Retained Earnings of €-376.57 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ceres Power Holdings and its competitors.
Is Ceres Power Holdings' Retained Earnings too high?
Ceres Power Holdings' current Retained Earnings is €-376.57 Mil. Overall, Ceres Power Holdings has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Retained Earnings compare to VRT and BE?
Ceres Power Holdings' Retained Earnings of €-376.57 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 Ceres Power Holdings and its competitors. Ceres Power Holdings's current Retained Earnings is €-376.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (FRA:CFJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.94, compared to a current price of €2.16 — trading 11.3% above its estimated fair value. The current Retained Earnings is €-376.57 Mil. Ceres Power Holdings' overall GF Score™ is 50/100 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 Ceres Power Holdings (FRA:CFJ), the current Retained Earnings is €-376.57 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 Ceres Power Holdings (FRA:CFJ) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of €2.16 is trading 11.3% above its estimated GF Value™ of €1.94. GuruFocus considers Ceres Power Holdings to be Modestly Overvalued.

Key valuation signals for FRA:CFJ:

  • Retained Earnings: €-376.57 Mil
  • GF Value™: €1.94 vs. price of €2.16 (11.3% above fair value)
  • GF Score™: 50/100 with 4 warning signs

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


Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
50GF Score

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

€2.16
Price
€1.94
GF Value