REN-Redes Energeticas Nacionais Sgps (FRA:RN4) Retained Earnings: €492 Mil (As of Mar. 2026)

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FRA:RN4 REN-Redes Energeticas Nacionais Sgps SA FRA:RN4
68 GF Score
Price €3.64
GF Value €3.01
Valuation Modestly Overvalued
! 11 Warning Signs
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What is REN-Redes Energeticas Nacionais Sgps Retained Earnings?

REN-Redes Energeticas Nacionais Sgps FRA:RN4 +1.11% 68 Retained Earnings is €492 Mil as of Mar. 2026. GuruFocus rates FRA:RN4 with a GF Score™ of 68/100 and a GF Value™ of €3.01 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. REN-Redes Energeticas Nacionais Sgps's retained earnings for the quarter that ended in Mar. 2026 was €492 Mil.

REN-Redes Energeticas Nacionais Sgps's quarterly retained earnings increased from Sep. 2025 (€438 Mil) to Dec. 2025 (€455 Mil) and increased from Dec. 2025 (€455 Mil) to Mar. 2026 (€492 Mil).

REN-Redes Energeticas Nacionais Sgps's annual retained earnings increased from Dec. 2023 (€388 Mil) to Dec. 2024 (€440 Mil) and increased from Dec. 2024 (€440 Mil) to Dec. 2025 (€455 Mil).


REN-Redes Energeticas Nacionais Sgps  (FRA:RN4) 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.


REN-Redes Energeticas Nacionais Sgps Retained Earnings Historical Data

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The historical data trend for REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps Retained Earnings Chart

REN-Redes Energeticas Nacionais Sgps 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 330.13 353.76 387.71 440.21 455.27

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 453.49 400.55 438.23 455.27 491.72
FRA:RN4
68GF Score
REN-Redes Energeticas Nacionais Sgps SA FRA:RN4
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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REN-Redes Energeticas Nacionais Sgps 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 €492 Mil mean?
REN-Redes Energeticas Nacionais Sgps (FRA:RN4) has a Retained Earnings of €492 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on REN-Redes Energeticas Nacionais Sgps and its competitors.
Is REN-Redes Energeticas Nacionais Sgps' Retained Earnings too high?
REN-Redes Energeticas Nacionais Sgps' current Retained Earnings is €492 Mil. Overall, REN-Redes Energeticas Nacionais Sgps has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does REN-Redes Energeticas Nacionais Sgps' Retained Earnings compare to SRE and AES?
REN-Redes Energeticas Nacionais Sgps' Retained Earnings of €492 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Retained Earnings depends on the Utilities - Regulated 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 REN-Redes Energeticas Nacionais Sgps and its competitors. REN-Redes Energeticas Nacionais Sgps's current Retained Earnings is €492 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REN-Redes Energeticas Nacionais Sgps stock overvalued right now?
Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps (FRA:RN4) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.01, compared to a current price of €3.64 — trading 20.9% above its estimated fair value. The current Retained Earnings is €492 Mil. REN-Redes Energeticas Nacionais Sgps' overall GF Score™ is 68/100 with 11 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 REN-Redes Energeticas Nacionais Sgps (FRA:RN4), the current Retained Earnings is €492 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 REN-Redes Energeticas Nacionais Sgps (FRA:RN4) Overvalued in 2026?

Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps stock appears to be overvalued. The current stock price of €3.64 is trading 20.9% above its estimated GF Value™ of €3.01. GuruFocus considers REN-Redes Energeticas Nacionais Sgps to be Modestly Overvalued.

Key valuation signals for FRA:RN4:

  • Retained Earnings: €492 Mil
  • GF Value™: €3.01 vs. price of €3.64 (20.9% above fair value)
  • GF Score™: 68/100 with 11 warning signs

No single metric tells the full story. See the FRA:RN4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


REN-Redes Energeticas Nacionais Sgps Business Description

Address Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utility company that operates as the primary concession holder for electricity transmission and natural gas transportation in Portugal. It manages the national high-voltage electricity grid, high-pressure natural gas pipelines, LNG terminal, and underground storage, focusing on energy transition, sustainability, and security of supply. The Group presently has two main business segments, Electricity and Gas, and a secondary business of Telecommunications.
68GF Score

Get the complete analysis for FRA:RN4

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

€3.64
Price
€3.01
GF Value