KME Group SpA (MIL:KME) Retained Earnings: €-149 Mil (As of Dec. 2025)

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MIL:KME KME Group SpA MIL:KME
39 GF Score
Price €0.89
GF Value €1,307.08
Valuation Possible Value Trap
! 3 Warning Signs
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What is KME Group SpA Retained Earnings?

KME Group SpA MIL:KME +2.31% 39 Retained Earnings is €-149 Mil as of Dec. 2025. GuruFocus rates MIL:KME with a GF Score™ of 39/100 and a GF Value™ of €1,307.08 (Possible Value Trap). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KME Group SpA's retained earnings for the quarter that ended in Dec. 2025 was €-149 Mil.

KME Group SpA's quarterly retained earnings declined from Dec. 2024 (€-71 Mil) to Jun. 2025 (€-75 Mil) and declined from Jun. 2025 (€-75 Mil) to Dec. 2025 (€-149 Mil).

KME Group SpA's annual retained earnings declined from Dec. 2023 (€-20 Mil) to Dec. 2024 (€-71 Mil) and declined from Dec. 2024 (€-71 Mil) to Dec. 2025 (€-149 Mil).


KME Group SpA  (MIL:KME) 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.


KME Group SpA Retained Earnings Historical Data

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The historical data trend for KME Group 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.

KME Group SpA Retained Earnings Chart

KME Group SpA 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 119.15 36.60 -20.27 -70.95 -148.51

KME Group SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -20.27 -35.43 -70.95 -74.76 -148.51
MIL:KME
39GF Score
KME Group SpA MIL:KME
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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KME Group SpA 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 €-149 Mil mean?
KME Group SpA (MIL:KME) has a Retained Earnings of €-149 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on KME Group SpA and its competitors.
Is KME Group SpA's Retained Earnings too high?
KME Group SpA's current Retained Earnings is €-149 Mil. Overall, KME Group SpA has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KME Group SpA's Retained Earnings compare to SCCO and FCX?
KME Group SpA's Retained Earnings of €-149 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 KME Group SpA and its competitors. KME Group SpA's current Retained Earnings is €-149 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KME Group SpA stock overvalued right now?
Based on GuruFocus' analysis, KME Group SpA (MIL:KME) is currently considered Possible Value Trap. The stock's GF Value™ is €1,307.08, compared to a current price of €0.89 — trading 99.9% below its estimated fair value. The current Retained Earnings is €-149 Mil. KME Group SpA's overall GF Score™ is 39/100 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 KME Group SpA (MIL:KME), the current Retained Earnings is €-149 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 KME Group SpA (MIL:KME) Overvalued in 2026?

Based on GuruFocus' analysis, KME Group SpA stock appears to be undervalued. The current stock price of €0.89 is trading 99.9% below its estimated GF Value™ of €1,307.08. GuruFocus considers KME Group SpA to be Possible Value Trap.

Key valuation signals for MIL:KME:

  • Retained Earnings: €-149 Mil
  • GF Value™: €1,307.08 vs. price of €0.89 (99.9% below fair value)
  • GF Score™: 39/100 with 3 warning signs

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


KME Group SpA Business Description

Other Exchanges KMER:ItalyMTJ3:Germany
Address Foro Buonaparte 44, Milan, ITA, 20121
KME Group SpA is a diversified investment holding company. It invests in copper sector and financial and real estate assets sector. The copper sector includes the production and marketing of copper and copper-alloy semi-finished products. The financial and real estate assets sector includes the private equity activity, carried out mainly through the closed-ended investment fund, and the management of receivables. The company generates the majority of the revenue from the copper sector.
39GF Score

Get the complete analysis for MIL:KME

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

€0.89
Price
€1,307.08
GF Value