MECGF (MEC Co) Retained Earnings: $175.9 Mil (As of Dec. 2025)

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MECGF MEC Co Ltd MECGF
77 GF Score
Price $47.16
GF Value $25.24
Valuation Significantly Overvalued
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What is MEC Co Retained Earnings?

MEC Co MECGF 77 Retained Earnings is $175.9 Mil as of Dec. 2025. GuruFocus rates MECGF with a GF Score™ of 77/100 and a GF Value™ of $25.24 (Significantly Overvalued).

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MEC Co's retained earnings for the quarter that ended in Dec. 2025 was $175.9 Mil.

MEC Co's quarterly retained earnings declined from Jun. 2025 ($177.1 Mil) to Sep. 2025 ($174.0 Mil) but then increased from Sep. 2025 ($174.0 Mil) to Dec. 2025 ($175.9 Mil).

MEC Co's annual retained earnings declined from Dec. 2023 ($157.8 Mil) to Dec. 2024 ($157.1 Mil) but then increased from Dec. 2024 ($157.1 Mil) to Dec. 2025 ($175.9 Mil).


MEC Co  (OTCPK:MECGF) 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.


MEC Co Retained Earnings Historical Data

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The historical data trend for MEC Co'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.

MEC Co Retained Earnings Chart

MEC Co Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.88 157.69 157.82 157.10 175.92

MEC Co 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 162.14 177.09 174.01 175.92 174.26
MECGF
77GF Score
MEC Co Ltd MECGF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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MEC Co 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 $175.9 Mil mean?
MEC Co (MECGF) has a Retained Earnings of $175.9 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on MEC Co and its competitors.
Is MEC Co's Retained Earnings too high?
MEC Co's current Retained Earnings is $175.9 Mil. Overall, MEC Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's Retained Earnings compare to LIN and SHW?
MEC Co's Retained Earnings of $175.9 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Retained Earnings depends on the Chemicals 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 MEC Co and its competitors. MEC Co's current Retained Earnings is $175.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (MECGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.24, compared to a current price of $47.16 — trading 86.8% above its estimated fair value. The current Retained Earnings is $175.9 Mil. MEC Co's overall GF Score™ is 77/100. 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 MEC Co (MECGF), the current Retained Earnings is $175.9 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 MEC Co (MECGF) Overvalued in 2026?

Based on GuruFocus' analysis, MEC Co stock appears to be overvalued. The current stock price of $47.16 is trading 86.8% above its estimated GF Value™ of $25.24. GuruFocus considers MEC Co to be Significantly Overvalued.

Key valuation signals for MECGF:

  • Retained Earnings: $175.9 Mil
  • GF Value™: $25.24 vs. price of $47.16 (86.8% above fair value)
  • GF Score™: 77/100

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


MEC Co Business Description

Other Exchanges 4971:Japan
Address 3-4-1, Kuise Minamishimmachi, Hyogo Prefecture, Amagasaki, JPN, 660-0822
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
77GF Score

Get the complete analysis for MECGF

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

$47.16
Price
$25.24
GF Value