Alleima AB (FRA:M46) Retained Earnings: €0 Mil (As of Jun. 2026)

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.

FRA:M46 Alleima AB FRA:M46
76 GF Score
Price €9.71
GF Value €6.35
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Alleima AB Retained Earnings?

Alleima AB FRA:M46 -0.31% 76 Retained Earnings is €0 Mil as of Jun. 2026. GuruFocus rates FRA:M46 with a GF Score™ of 76/100 and a GF Value™ of €6.35 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alleima AB's retained earnings for the quarter that ended in Jun. 2026 was €0 Mil.

Alleima AB's quarterly retained earnings declined from Dec. 2025 (€1,500 Mil) to Mar. 2026 (€0 Mil) but then stayed the same from Mar. 2026 (€0 Mil) to Jun. 2026 (€0 Mil).

Alleima AB's annual retained earnings increased from Dec. 2023 (€1,366 Mil) to Dec. 2024 (€1,392 Mil) and increased from Dec. 2024 (€1,392 Mil) to Dec. 2025 (€1,500 Mil).


Alleima AB  (FRA:M46) 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.


Alleima AB Retained Earnings Historical Data

* Premium members only.

The historical data trend for Alleima AB'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.

Alleima AB Retained Earnings Chart

Alleima AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial 1,130.98 1,328.59 1,365.63 1,391.60 1,499.86

Alleima AB 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 0.00 0.00 1,499.86 0.00 0.00
FRA:M46
76GF Score
Alleima AB FRA:M46
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alleima AB 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 €0 Mil mean?
Alleima AB (FRA:M46) has a Retained Earnings of €0 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Alleima AB and its competitors.
Is Alleima AB's Retained Earnings too high?
Alleima AB's current Retained Earnings is €0 Mil. Overall, Alleima AB has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alleima AB's Retained Earnings compare to NUE and STLD?
Alleima AB's Retained Earnings of €0 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 Alleima AB and its competitors. Alleima AB's current Retained Earnings is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alleima AB stock overvalued right now?
Based on GuruFocus' analysis, Alleima AB (FRA:M46) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.35, compared to a current price of €9.71 — trading 52.9% above its estimated fair value. The current Retained Earnings is €0 Mil. Alleima AB's overall GF Score™ is 76/100 with 7 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 Alleima AB (FRA:M46), the current Retained Earnings is €0 Mil as of Jun. 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 Alleima AB (FRA:M46) Overvalued in 2026?

Based on GuruFocus' analysis, Alleima AB stock appears to be overvalued. The current stock price of €9.71 is trading 52.9% above its estimated GF Value™ of €6.35. GuruFocus considers Alleima AB to be Significantly Overvalued.

Key valuation signals for FRA:M46:

  • Retained Earnings: €0 Mil
  • GF Value™: €6.35 vs. price of €9.71 (52.9% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the FRA:M46 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alleima AB Business Description

Address Storgatan 2, Sandviken, SWE, SE-811 81
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in stainless steels and special alloys as well as products for industrial heating. The company's offering includes seamless stainless tubes, electric heating technology and heating resistance materials, ultra-fine wire and components for medical devices, precision strip steel, and coated strip steel for hydrogen applications. It has three divisions: Tube, Kanthal and Strip. The majority of the company's revenue is derived from the Tube segment, which develops and manufactures seamless tubes and other long products for the Oil and Gas, Industrial, Chemical and Petrochemical, Mining and Construction, Nuclear, and Transportation customer segments, as well as the Hydrogen and Renewable Energy segment.
76GF Score

Get the complete analysis for FRA:M46

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

€9.71
Price
€6.35
GF Value