FRMUF (Firm Capital Property Trust) Retained Earnings: $68.74 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.

FRMUF Firm Capital Property Trust FRMUF
72 GF Score
Price $4.94
GF Value $4.33
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Firm Capital Property Trust Retained Earnings?

Firm Capital Property Trust FRMUF -0.80% 72 Retained Earnings is $68.74 Mil as of Jun. 2026. GuruFocus rates FRMUF with a GF Score™ of 72/100 and a GF Value™ of $4.33 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Firm Capital Property Trust's retained earnings for the quarter that ended in Jun. 2026 was $68.74 Mil.

Firm Capital Property Trust's quarterly retained earnings declined from Dec. 2025 ($69.42 Mil) to Mar. 2026 ($67.73 Mil) but then increased from Mar. 2026 ($67.73 Mil) to Jun. 2026 ($68.74 Mil).

Firm Capital Property Trust's annual retained earnings increased from Dec. 2023 ($56.08 Mil) to Dec. 2024 ($61.63 Mil) and increased from Dec. 2024 ($61.63 Mil) to Dec. 2025 ($69.42 Mil).


Firm Capital Property Trust  (OTCPK:FRMUF) 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.


Firm Capital Property Trust Retained Earnings Historical Data

* Premium members only.

The historical data trend for Firm Capital Property Trust'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.

Firm Capital Property Trust Retained Earnings Chart

Firm Capital Property Trust 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 77.46 57.42 56.08 61.63 69.42

Firm Capital Property Trust 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 64.40 62.83 69.42 67.73 68.74
FRMUF
72GF Score
Firm Capital Property Trust FRMUF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firm Capital Property Trust 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 $68.74 Mil mean?
Firm Capital Property Trust (FRMUF) has a Retained Earnings of $68.74 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Firm Capital Property Trust and its competitors.
Is Firm Capital Property Trust's Retained Earnings too high?
Firm Capital Property Trust's current Retained Earnings is $68.74 Mil. Overall, Firm Capital Property Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firm Capital Property Trust's Retained Earnings compare to SPG and O?
Firm Capital Property Trust's Retained Earnings of $68.74 Mil can be compared against companies in the REITs 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 REITs company?
A good Retained Earnings depends on the REITs 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 Firm Capital Property Trust and its competitors. Firm Capital Property Trust's current Retained Earnings is $68.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firm Capital Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Firm Capital Property Trust (FRMUF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.33, compared to a current price of $4.94 — trading 14.1% above its estimated fair value. The current Retained Earnings is $68.74 Mil. Firm Capital Property Trust's overall GF Score™ is 72/100 with 10 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 Firm Capital Property Trust (FRMUF), the current Retained Earnings is $68.74 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 Firm Capital Property Trust (FRMUF) Overvalued in 2026?

Based on GuruFocus' analysis, Firm Capital Property Trust stock appears to be overvalued. The current stock price of $4.94 is trading 14.1% above its estimated GF Value™ of $4.33. GuruFocus considers Firm Capital Property Trust to be Modestly Overvalued.

Key valuation signals for FRMUF:

  • Retained Earnings: $68.74 Mil
  • GF Value™: $4.33 vs. price of $4.94 (14.1% above fair value)
  • GF Score™: 72/100 with 10 warning signs

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


Firm Capital Property Trust Business Description

Industry Real EstateREITs
Other Exchanges FCD.UN:Canada
Address 163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Property Trust is a Canada-based open-ended real estate investment trust. The Trust operates in six reportable segments: grocery-anchored retail, non-grocery anchored retail, industrial, multi-residential, core service office provider, and manufactured homes community. A vast majority of its revenues are derived from the grocery-anchored retail segment. Its products and services are Mortgage Banking, Real Estate Investments, Private Equity, and Alternative Credit.
72GF Score

Get the complete analysis for FRMUF

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

$4.94
Price
$4.33
GF Value