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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Energy SpA's retained earnings for the quarter that ended in Dec. 2025 was €17.28 Mil.
Energy SpA's quarterly retained earnings
declined
from Dec. 2024 (€19.55 Mil) to Jun. 2025 (€17.75 Mil) and
declined
from Jun. 2025 (€17.75 Mil) to Dec. 2025 (€17.28 Mil).
Energy SpA's annual retained earnings
declined
from Dec. 2023 (€37.46 Mil) to Dec. 2024 (€19.55 Mil) and
declined
from Dec. 2024 (€19.55 Mil) to Dec. 2025 (€17.28 Mil).
Energy SpA (MIL:ENY) 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.
Energy SpA Retained Earnings Historical Data
* Premium members only.
The historical data trend for Energy SpA'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.
Energy SpA (MIL:ENY) has a Retained Earnings of €17.28 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Energy SpA and its competitors.
Is Energy SpA's Retained Earnings too high?
Energy SpA's current Retained Earnings is €17.28 Mil. Overall, Energy SpA has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energy SpA's Retained Earnings compare to VRT and BE?
Energy SpA's Retained Earnings of €17.28 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Retained Earnings depends on the Industrial Products 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 Energy SpA and its competitors. Energy SpA's current Retained Earnings is €17.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Energy SpA (MIL:ENY) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.82, compared to a current price of €0.69 — trading 16.1% below its estimated fair value. The current Retained Earnings is €17.28 Mil. Energy SpA's overall GF Score™ is 55/100 with 2 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 Energy SpA (MIL:ENY), the current Retained Earnings is €17.28 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 Energy SpA (MIL:ENY) Overvalued in 2026?
Based on GuruFocus' analysis, Energy SpA stock appears to be undervalued.
The current stock price of €0.69 is trading 16.1% below its estimated GF Value™ of €0.82.
GuruFocus considers Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:ENY:
Retained Earnings: €17.28 Mil
GF Value™: €0.82 vs. price of €0.69 (16.1% below fair value)
No single metric tells the full story. See the MIL:ENY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy SpA offers storage systems for energy from renewable sources. The systems developed and marketed are integrated with proprietary software that allows customers to manage intelligently, in a cloud platform, the monitoring and the process of storage, energy use, consumption, and energy traffic. It offers two product categories Small & Large ESS category, consisting of energy storage systems of less than 50 kw; and Extra Large ESS category, consisting of energy storage systems of more than 50 kw.
55GF Score
Get the complete analysis for MIL:ENY
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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