CEWE Stiftung KGaA (HAM:CWC) Retained Earnings: €416.8 Mil (As of Mar. 2026)


HAM:CWC CEWE Stiftung & Co KGaA HAM:CWC
76 GF Score
Price €91.10
GF Value €137.47
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is CEWE Stiftung KGaA Retained Earnings?

CEWE Stiftung KGaA HAM:CWC -1.73% 76 Retained Earnings is €416.8 Mil as of Mar. 2026. GuruFocus rates HAM:CWC with a GF Score™ of 76/100 and a GF Value™ of €137.47 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CEWE Stiftung KGaA's retained earnings for the quarter that ended in Mar. 2026 was €416.8 Mil.

CEWE Stiftung KGaA's quarterly retained earnings increased from Sep. 2025 (€356.1 Mil) to Dec. 2025 (€413.0 Mil) and increased from Dec. 2025 (€413.0 Mil) to Mar. 2026 (€416.8 Mil).

CEWE Stiftung KGaA's annual retained earnings increased from Dec. 2023 (€330.0 Mil) to Dec. 2024 (€373.0 Mil) and increased from Dec. 2024 (€373.0 Mil) to Dec. 2025 (€413.0 Mil).


CEWE Stiftung KGaA  (HAM:CWC) 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.


CEWE Stiftung KGaA Retained Earnings Historical Data

* Premium members only.

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Retained Earnings Chart

CEWE Stiftung KGaA 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 254.57 295.87 330.01 373.02 412.99

CEWE Stiftung KGaA 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 377.38 356.28 356.10 412.99 416.77
HAM:CWC
76GF Score
CEWE Stiftung & Co KGaA HAM:CWC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEWE Stiftung KGaA 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 €416.8 Mil mean?
CEWE Stiftung KGaA (HAM:CWC) has a Retained Earnings of €416.8 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on CEWE Stiftung KGaA and its competitors.
Is CEWE Stiftung KGaA's Retained Earnings too high?
CEWE Stiftung KGaA's current Retained Earnings is €416.8 Mil. Overall, CEWE Stiftung KGaA has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Retained Earnings compare to ROL and SCI?
CEWE Stiftung KGaA's Retained Earnings of €416.8 Mil can be compared against companies in the Personal Services 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 Personal Services company?
A good Retained Earnings depends on the Personal Services 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 CEWE Stiftung KGaA and its competitors. CEWE Stiftung KGaA's current Retained Earnings is €416.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
Based on GuruFocus' analysis, CEWE Stiftung KGaA (HAM:CWC) is currently considered Significantly Undervalued. The stock's GF Value™ is €137.47, compared to a current price of €91.10 — trading 33.7% below its estimated fair value. The current Retained Earnings is €416.8 Mil. CEWE Stiftung KGaA's overall GF Score™ is 76/100 with 3 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 CEWE Stiftung KGaA (HAM:CWC), the current Retained Earnings is €416.8 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 CEWE Stiftung KGaA (HAM:CWC) Overvalued in 2026?

Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued. The current stock price of €91.10 is trading 33.7% below its estimated GF Value™ of €137.47. GuruFocus considers CEWE Stiftung KGaA to be Significantly Undervalued.

Key valuation signals for HAM:CWC:

  • Retained Earnings: €416.8 Mil
  • GF Value™: €137.47 vs. price of €91.10 (33.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


CEWE Stiftung KGaA Business Description

Other Exchanges CWCd:UK0N8F:UKCWC:Germany
Address Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
76GF Score

Get the complete analysis for HAM:CWC

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

€91.10
Price
€137.47
GF Value