PT Calculus Global Ventures Tbk (ISX:STAR) Retained Earnings: Rp59,213 Mil (As of Mar. 2026)


ISX:STAR PT Calculus Global Ventures Tbk ISX:STAR
59 GF Score
Price Rp300.00
GF Value Rp111.83
Valuation Significantly Overvalued
! 1 Warning Sign
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What is PT Calculus Global Ventures Tbk Retained Earnings?

PT Calculus Global Ventures Tbk ISX:STAR +2.74% 59 Retained Earnings is Rp59,213 Mil as of Mar. 2026. GuruFocus rates ISX:STAR with a GF Score™ of 59/100 and a GF Value™ of Rp111.83 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Calculus Global Ventures Tbk's retained earnings for the quarter that ended in Mar. 2026 was Rp59,213 Mil.

PT Calculus Global Ventures Tbk's quarterly retained earnings increased from Sep. 2025 (Rp39,694 Mil) to Dec. 2025 (Rp54,299 Mil) and increased from Dec. 2025 (Rp54,299 Mil) to Mar. 2026 (Rp59,213 Mil).

PT Calculus Global Ventures Tbk's annual retained earnings increased from Dec. 2023 (Rp28,119 Mil) to Dec. 2024 (Rp31,854 Mil) and increased from Dec. 2024 (Rp31,854 Mil) to Dec. 2025 (Rp54,299 Mil).


PT Calculus Global Ventures Tbk  (ISX:STAR) 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 Calculus Global Ventures Tbk Retained Earnings Historical Data

* Premium members only.

The historical data trend for PT Calculus Global Ventures 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 Calculus Global Ventures Tbk Retained Earnings Chart

PT Calculus Global Ventures 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 24,988.98 25,388.82 28,118.97 31,853.88 54,299.37

PT Calculus Global Ventures 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 35,211.78 36,946.71 39,694.12 54,299.37 59,213.32
ISX:STAR
59GF Score
PT Calculus Global Ventures Tbk ISX:STAR
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Calculus Global Ventures 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 Rp59,213 Mil mean?
PT Calculus Global Ventures Tbk (ISX:STAR) has a Retained Earnings of Rp59,213 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on PT Calculus Global Ventures Tbk and its competitors.
Is PT Calculus Global Ventures Tbk's Retained Earnings too high?
PT Calculus Global Ventures Tbk's current Retained Earnings is Rp59,213 Mil. Overall, PT Calculus Global Ventures Tbk has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Calculus Global Ventures Tbk's Retained Earnings compare to BLK and BX?
PT Calculus Global Ventures Tbk's Retained Earnings of Rp59,213 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Retained Earnings depends on the Asset Management 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 Calculus Global Ventures Tbk and its competitors. PT Calculus Global Ventures Tbk's current Retained Earnings is Rp59,213 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Calculus Global Ventures Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk (ISX:STAR) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp111.83, compared to a current price of Rp300.00 — trading 168.3% above its estimated fair value. The current Retained Earnings is Rp59,213 Mil. PT Calculus Global Ventures Tbk's overall GF Score™ is 59/100 with 1 warning sign 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 Calculus Global Ventures Tbk (ISX:STAR), the current Retained Earnings is Rp59,213 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 Calculus Global Ventures Tbk (ISX:STAR) Overvalued in 2026?

Based on GuruFocus' analysis, PT Calculus Global Ventures Tbk stock appears to be overvalued. The current stock price of Rp300.00 is trading 168.3% above its estimated GF Value™ of Rp111.83. GuruFocus considers PT Calculus Global Ventures Tbk to be Significantly Overvalued.

Key valuation signals for ISX:STAR:

  • Retained Earnings: Rp59,213 Mil
  • GF Value™: Rp111.83 vs. price of Rp300.00 (168.3% above fair value)
  • GF Score™: 59/100 with 1 warning sign

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


PT Calculus Global Ventures Tbk Business Description

Address Jalan MH. Thamrin Number 1, Menara BCA Lot 45, Grand Indonesia, Jakarta Pusat, Jakarta, IDN, 10310
PT Calculus Global Ventures Tbk, formerly known as PT Buana Artha Anugerah Tbk, operates in the business area of investment management, particularly in asset management. The company is engaged in the management consulting business. The products of the company consist of mutual funds includes including foster equity fund, foster fixed income, and foster money market and management of securities portfolio. The company segments consist of investment management services and others.
59GF Score

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

Rp300.00
Price
Rp111.83
GF Value