TCM Group AS (LTS:0CUN) Retained Earnings: kr613 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0CUN TCM Group AS LTS:0CUN
78 GF Score
Price kr66.00
GF Value kr75.20
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is TCM Group AS Retained Earnings?

TCM Group AS LTS:0CUN -1.49% 78 Retained Earnings is kr613 Mil as of Jun. 2026. GuruFocus rates LTS:0CUN with a GF Score™ of 78/100 and a GF Value™ of kr75.20 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TCM Group AS's retained earnings for the quarter that ended in Jun. 2026 was kr613 Mil.

TCM Group AS's quarterly retained earnings increased from Dec. 2025 (kr581 Mil) to Mar. 2026 (kr596 Mil) and increased from Mar. 2026 (kr596 Mil) to Jun. 2026 (kr613 Mil).

TCM Group AS's annual retained earnings increased from Dec. 2023 (kr542 Mil) to Dec. 2024 (kr557 Mil) and increased from Dec. 2024 (kr557 Mil) to Dec. 2025 (kr581 Mil).


TCM Group AS  (LTS:0CUN) 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.


TCM Group AS Retained Earnings Historical Data

* Premium members only.

The historical data trend for TCM Group 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.

TCM Group AS Retained Earnings Chart

TCM Group AS 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 500.29 432.72 541.61 557.02 581.10

TCM Group AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 583.90 593.70 581.10 596.30 613.20
LTS:0CUN
78GF Score
TCM Group AS LTS:0CUN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM Group AS 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 kr613 Mil mean?
TCM Group AS (LTS:0CUN) has a Retained Earnings of kr613 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on TCM Group AS and its competitors.
Is TCM Group AS's Retained Earnings too high?
TCM Group AS's current Retained Earnings is kr613 Mil. Overall, TCM Group AS has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's Retained Earnings compare to SN and SGI?
TCM Group AS's Retained Earnings of kr613 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Retained Earnings depends on the Furnishings, Fixtures & Appliances 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 TCM Group AS and its competitors. TCM Group AS's current Retained Earnings is kr613 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (LTS:0CUN) is currently considered Modestly Undervalued. The stock's GF Value™ is kr75.20, compared to a current price of kr66.00 — trading 12.2% below its estimated fair value. The current Retained Earnings is kr613 Mil. TCM Group AS's overall GF Score™ is 78/100 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 TCM Group AS (LTS:0CUN), the current Retained Earnings is kr613 Mil as of Jun. 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 TCM Group AS (LTS:0CUN) Overvalued in 2026?

Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued. The current stock price of kr66.00 is trading 12.2% below its estimated GF Value™ of kr75.20. GuruFocus considers TCM Group AS to be Modestly Undervalued.

Key valuation signals for LTS:0CUN:

  • Retained Earnings: kr613 Mil
  • GF Value™: kr75.20 vs. price of kr66.00 (12.2% below fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the LTS:0CUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TCM Group AS Business Description

Other Exchanges TCM:Denmark
Address Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
78GF Score

Get the complete analysis for LTS:0CUN

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

kr66.00
Price
kr75.20
GF Value