Kumba Iron Ore (FRA:KUI) Retained Earnings: €2,660 Mil (As of Dec. 2025)


FRA:KUI Kumba Iron Ore Ltd FRA:KUI
72 GF Score
Price €14.20
GF Value €17.77
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kumba Iron Ore Retained Earnings?

Kumba Iron Ore FRA:KUI +0.71% 72 Retained Earnings is €2,660 Mil as of Dec. 2025. GuruFocus rates FRA:KUI with a GF Score™ of 72/100 and a GF Value™ of €17.77 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kumba Iron Ore's retained earnings for the quarter that ended in Dec. 2025 was €2,660 Mil.

Kumba Iron Ore's quarterly retained earnings declined from Dec. 2024 (€2,598 Mil) to Jun. 2025 (€2,446 Mil) but then increased from Jun. 2025 (€2,446 Mil) to Dec. 2025 (€2,660 Mil).

Kumba Iron Ore's annual retained earnings increased from Dec. 2023 (€2,400 Mil) to Dec. 2024 (€2,598 Mil) and increased from Dec. 2024 (€2,598 Mil) to Dec. 2025 (€2,660 Mil).


Kumba Iron Ore  (FRA:KUI) 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.


Kumba Iron Ore Retained Earnings Historical Data

* Premium members only.

The historical data trend for Kumba Iron Ore'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.

Kumba Iron Ore Retained Earnings Chart

Kumba Iron Ore 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 2,377.68 2,109.20 2,400.28 2,598.26 2,659.91

Kumba Iron Ore 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 2,400.28 2,425.55 2,598.26 2,445.78 2,659.91
FRA:KUI
72GF Score
Kumba Iron Ore Ltd FRA:KUI
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Kumba Iron Ore 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 €2,660 Mil mean?
Kumba Iron Ore (FRA:KUI) has a Retained Earnings of €2,660 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kumba Iron Ore and its competitors.
Is Kumba Iron Ore's Retained Earnings too high?
Kumba Iron Ore's current Retained Earnings is €2,660 Mil. Overall, Kumba Iron Ore has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kumba Iron Ore's Retained Earnings compare to NUE and STLD?
Kumba Iron Ore's Retained Earnings of €2,660 Mil can be compared against companies in the Steel 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 Steel company?
A good Retained Earnings depends on the Steel 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 Kumba Iron Ore and its competitors. Kumba Iron Ore's current Retained Earnings is €2,660 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kumba Iron Ore stock overvalued right now?
Based on GuruFocus' analysis, Kumba Iron Ore (FRA:KUI) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.77, compared to a current price of €14.20 — trading 20.1% below its estimated fair value. The current Retained Earnings is €2,660 Mil. Kumba Iron Ore's overall GF Score™ is 72/100 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 Kumba Iron Ore (FRA:KUI), the current Retained Earnings is €2,660 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 Kumba Iron Ore (FRA:KUI) Overvalued in 2026?

Based on GuruFocus' analysis, Kumba Iron Ore stock appears to be undervalued. The current stock price of €14.20 is trading 20.1% below its estimated GF Value™ of €17.77. GuruFocus considers Kumba Iron Ore to be Modestly Undervalued.

Key valuation signals for FRA:KUI:

  • Retained Earnings: €2,660 Mil
  • GF Value™: €17.77 vs. price of €14.20 (20.1% below fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Kumba Iron Ore Business Description

Address 144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing, blending, and sale of iron ore to the steel industry. The company operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is opencast and produces the bulk of the group's iron ore, which is exported. It also holds an interest in the Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
72GF Score

Get the complete analysis for FRA:KUI

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

€14.20
Price
€17.77
GF Value