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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Choppies Enterprises's retained earnings for the quarter that ended in Dec. 2025 was R-492 Mil.
Choppies Enterprises's quarterly retained earnings
increased
from Dec. 2024 (R-599 Mil) to Jun. 2025 (R-572 Mil) and
increased
from Jun. 2025 (R-572 Mil) to Dec. 2025 (R-492 Mil).
Choppies Enterprises's annual retained earnings
increased
from Jun. 2023 (R-810 Mil) to Jun. 2024 (R-625 Mil) and
increased
from Jun. 2024 (R-625 Mil) to Jun. 2025 (R-572 Mil).
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.
Choppies Enterprises Retained Earnings Historical Data
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The historical data trend for Choppies Enterprises'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.
Choppies Enterprises (JSE:CHP) has a Retained Earnings of R-492 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Choppies Enterprises and its competitors.
Is Choppies Enterprises' Retained Earnings too high?
Choppies Enterprises' current Retained Earnings is R-492 Mil. Overall, Choppies Enterprises has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' Retained Earnings compare to KR?
Choppies Enterprises' Retained Earnings of R-492 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Retained Earnings depends on the Retail - Defensive 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 Choppies Enterprises and its competitors. Choppies Enterprises's current Retained Earnings is R-492 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.14 — trading 37.3% above its estimated fair value. The current Retained Earnings is R-492 Mil. Choppies Enterprises' overall GF Score™ is 42/100 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 Choppies Enterprises (JSE:CHP), the current Retained Earnings is R-492 Mil as of Dec. 2025. 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?
Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued.
The current stock price of R1.14 is trading 37.3% above its estimated GF Value™ of R0.83.
GuruFocus considers Choppies Enterprises to be Significantly Overvalued.
Key valuation signals for JSE:CHP:
Retained Earnings: R-492 Mil
GF Value™: R0.83 vs. price of R1.14 (37.3% above fair value)
No single metric tells the full story. See the JSE:CHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
42GF Score
Get the complete analysis for JSE:CHP
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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