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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ISA Holdings's retained earnings for the quarter that ended in Feb. 2026 was R54.8 Mil.
ISA Holdings's quarterly retained earnings
declined
from Feb. 2025 (R67.0 Mil) to Aug. 2025 (R55.5 Mil) and
declined
from Aug. 2025 (R55.5 Mil) to Feb. 2026 (R54.8 Mil).
ISA Holdings's annual retained earnings
increased
from Feb. 2024 (R58.5 Mil) to Feb. 2025 (R67.0 Mil) but then
declined
from Feb. 2025 (R67.0 Mil) to Feb. 2026 (R54.8 Mil).
ISA Holdings (JSE:ISA) 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.
ISA Holdings Retained Earnings Historical Data
* Premium members only.
The historical data trend for ISA Holdings'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.
ISA Holdings (JSE:ISA) has a Retained Earnings of R54.8 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on ISA Holdings and its competitors.
Is ISA Holdings' Retained Earnings too high?
ISA Holdings' current Retained Earnings is R54.8 Mil. Overall, ISA Holdings has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ISA Holdings' Retained Earnings compare to MSFT and ORCL?
ISA Holdings' Retained Earnings of R54.8 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 ISA Holdings and its competitors. ISA Holdings's current Retained Earnings is R54.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISA Holdings stock overvalued right now?
Based on GuruFocus' analysis, ISA Holdings (JSE:ISA) is currently considered Fairly Valued. The stock's GF Value™ is R2.26, compared to a current price of R2.00 — trading 11.5% below its estimated fair value. The current Retained Earnings is R54.8 Mil. ISA Holdings' overall GF Score™ is 86/100 with 6 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 ISA Holdings (JSE:ISA), the current Retained Earnings is R54.8 Mil as of Feb. 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 ISA Holdings (JSE:ISA) Overvalued in 2026?
Based on GuruFocus' analysis, ISA Holdings stock appears to be undervalued.
The current stock price of R2.00 is trading 11.5% below its estimated GF Value™ of R2.26.
GuruFocus considers ISA Holdings to be Fairly Valued.
Key valuation signals for JSE:ISA:
Retained Earnings: R54.8 Mil
GF Value™: R2.26 vs. price of R2.00 (11.5% below fair value)
No single metric tells the full story. See the JSE:ISA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ISA Holdings Ltd is an investment holding company. The company, through its subsidiary, provides network, Internet, and information security solutions to the sub-Saharan African market. Its business is to discover, design, deliver, deploy, and manage its bespoke Information and Communication Technology (ICT) security infrastructure. Its technology offerings include firewalls, anti-virus, authentication, remote access, content security, intrusion protection, virtual private networking, vulnerability assessment, messaging and data protection, and identity and access management. The company generates a majority of its revenue from its business in South Africa.
86GF Score
Get the complete analysis for JSE:ISA
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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