PT Bukit Asam (Persero) Tbk (FRA:TBA) Retained Earnings: €336 Mil (As of Mar. 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:TBA PT Bukit Asam (Persero) Tbk FRA:TBA
67 GF Score
Price €0.10
GF Value €0.12
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PT Bukit Asam (Persero) Tbk Retained Earnings?

PT Bukit Asam (Persero) Tbk FRA:TBA +0.98% 67 Retained Earnings is €336 Mil as of Mar. 2026. GuruFocus rates FRA:TBA with a GF Score™ of 67/100 and a GF Value™ of €0.12 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Bukit Asam (Persero) Tbk's retained earnings for the quarter that ended in Mar. 2026 was €336 Mil.

PT Bukit Asam (Persero) Tbk's quarterly retained earnings increased from Sep. 2025 (€192 Mil) to Dec. 2025 (€283 Mil) and increased from Dec. 2025 (€283 Mil) to Mar. 2026 (€336 Mil).

PT Bukit Asam (Persero) Tbk's annual retained earnings increased from Dec. 2023 (€313 Mil) to Dec. 2024 (€349 Mil) but then declined from Dec. 2024 (€349 Mil) to Dec. 2025 (€283 Mil).


PT Bukit Asam (Persero) Tbk  (FRA:TBA) 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.


PT Bukit Asam (Persero) Tbk Retained Earnings Historical Data

* Premium members only.

The historical data trend for PT Bukit Asam (Persero) Tbk'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.

PT Bukit Asam (Persero) Tbk Retained Earnings Chart

PT Bukit Asam (Persero) Tbk 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 517.75 759.40 312.58 349.49 283.21

PT Bukit Asam (Persero) Tbk 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 352.39 158.92 191.51 283.21 335.60
FRA:TBA
67GF Score
PT Bukit Asam (Persero) Tbk FRA:TBA
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Bukit Asam (Persero) Tbk 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 €336 Mil mean?
PT Bukit Asam (Persero) Tbk (FRA:TBA) has a Retained Earnings of €336 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on PT Bukit Asam (Persero) Tbk and its competitors.
Is PT Bukit Asam (Persero) Tbk's Retained Earnings too high?
PT Bukit Asam (Persero) Tbk's current Retained Earnings is €336 Mil. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's Retained Earnings compare to competitors?
PT Bukit Asam (Persero) Tbk's Retained Earnings of €336 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Retained Earnings depends on the Other Energy Sources 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 PT Bukit Asam (Persero) Tbk and its competitors. PT Bukit Asam (Persero) Tbk's current Retained Earnings is €336 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (FRA:TBA) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.12, compared to a current price of €0.10 — trading 14.2% below its estimated fair value. The current Retained Earnings is €336 Mil. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 67/100 with 6 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 PT Bukit Asam (Persero) Tbk (FRA:TBA), the current Retained Earnings is €336 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 PT Bukit Asam (Persero) Tbk (FRA:TBA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be undervalued. The current stock price of €0.10 is trading 14.2% below its estimated GF Value™ of €0.12. GuruFocus considers PT Bukit Asam (Persero) Tbk to be Modestly Undervalued.

Key valuation signals for FRA:TBA:

  • Retained Earnings: €336 Mil
  • GF Value™: €0.12 vs. price of €0.10 (14.2% below fair value)
  • GF Score™: 67/100 with 6 warning signs

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


PT Bukit Asam (Persero) Tbk Business Description

Address Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, 5d356, Palembang, IDN, 31716
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
67GF Score

Get the complete analysis for FRA:TBA

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

€0.10
Price
€0.12
GF Value