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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ihlas Holding AS's retained earnings for the quarter that ended in Mar. 2026 was ₺-7,964 Mil.
Ihlas Holding AS's quarterly retained earnings
declined
from Sep. 2025 (₺1,622 Mil) to Dec. 2025 (₺-7,208 Mil) and
declined
from Dec. 2025 (₺-7,208 Mil) to Mar. 2026 (₺-7,964 Mil).
Ihlas Holding AS's annual retained earnings
declined
from Dec. 2023 (₺-18,734 Mil) to Dec. 2024 (₺-26,352 Mil) but then
increased
from Dec. 2024 (₺-26,352 Mil) to Dec. 2025 (₺-7,208 Mil).
Ihlas Holding AS (IST:IHLAS) 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.
Ihlas Holding AS Retained Earnings Historical Data
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The historical data trend for Ihlas Holding AS'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.
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.
What does a Retained Earnings of ₺-7,964 Mil mean?
Ihlas Holding AS (IST:IHLAS) has a Retained Earnings of ₺-7,964 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ihlas Holding AS and its competitors.
Is Ihlas Holding AS's Retained Earnings too high?
Ihlas Holding AS's current Retained Earnings is ₺-7,964 Mil. Overall, Ihlas Holding AS has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ihlas Holding AS's Retained Earnings compare to MMM and HON?
Ihlas Holding AS's Retained Earnings of ₺-7,964 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Ihlas Holding AS and its competitors. Ihlas Holding AS's current Retained Earnings is ₺-7,964 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ihlas Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Ihlas Holding AS (IST:IHLAS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺1.94, compared to a current price of ₺1.01 — trading 47.9% below its estimated fair value. The current Retained Earnings is ₺-7,964 Mil. Ihlas Holding AS's overall GF Score™ is 47/100 with 5 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 Ihlas Holding AS (IST:IHLAS), the current Retained Earnings is ₺-7,964 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 Ihlas Holding AS (IST:IHLAS) Overvalued in 2026?
Based on GuruFocus' analysis, Ihlas Holding AS stock appears to be undervalued.
The current stock price of ₺1.01 is trading 47.9% below its estimated GF Value™ of ₺1.94.
GuruFocus considers Ihlas Holding AS to be Possible Value Trap.
Key valuation signals for IST:IHLAS:
Retained Earnings: ₺-7,964 Mil
GF Value™: ₺1.94 vs. price of ₺1.01 (47.9% below fair value)
No single metric tells the full story. See the IST:IHLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ihlas Holding AS is a Turkey-based holding company. The operating segment includes Construction, Marketing, Media, and Others. It generates maximum revenue from the Marketing segment. The construction segment includes Real estate trading, construction projects, installation and contracting works, tourism and health investments, marketing, operating, and other construction operations. The Media Segment involves Publishing, selling, distributing and marketing of newspapers and all kinds of publications in Turkey and abroad, news agencies, television, and Other. The Marketing segment includes Home appliances manufacturing, all kinds of motorized and non-motorized vehicles production, import, export, consumer durable trade, and its marketing. Geographically, it operates only in Turkey.
47GF Score
Get the complete analysis for IST:IHLAS
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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