Mani (MNICF) Retained Earnings: $326.0 Mil (As of Feb. 2026)


MNICF Mani Inc MNICF
93 GF Score
Price $12.82
GF Value $16.07
! 6 Warning Signs
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What is Mani Retained Earnings?

Mani MNICF 93 Retained Earnings is $326.0 Mil as of Feb. 2026. GuruFocus rates MNICF with a GF Score™ of 93/100 and a GF Value™ of $16.07. The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mani's retained earnings for the quarter that ended in Feb. 2026 was $326.0 Mil.

Mani's quarterly retained earnings declined from Aug. 2025 ($331.7 Mil) to Nov. 2025 ($313.0 Mil) but then increased from Nov. 2025 ($313.0 Mil) to Feb. 2026 ($326.0 Mil).

Mani's annual retained earnings increased from Aug. 2023 ($314.1 Mil) to Aug. 2024 ($329.0 Mil) and increased from Aug. 2024 ($329.0 Mil) to Aug. 2025 ($331.7 Mil).


Mani  (OTCPK:MNICF) 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.


Mani Retained Earnings Historical Data

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The historical data trend for Mani'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.

Mani Retained Earnings Chart

Mani Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.85 315.47 314.15 329.02 331.74

Mani Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 321.95 335.02 331.74 312.98 325.97
MNICF
93GF Score
Mani Inc MNICF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Mani 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 $326.0 Mil mean?
Mani (MNICF) has a Retained Earnings of $326.0 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mani and its competitors.
Is Mani's Retained Earnings too high?
Mani's current Retained Earnings is $326.0 Mil. Overall, Mani has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Mani's Retained Earnings compare to ISRG and BDX?
Mani's Retained Earnings of $326.0 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Retained Earnings depends on the Medical Devices & Instruments 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 Mani and its competitors. Mani's current Retained Earnings is $326.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mani stock overvalued right now?
Mani (MNICF) has a current Retained Earnings of $326.0 Mil. The stock's GF Value™ is $16.07, compared to a current price of $12.82 — trading 20.2% below its estimated fair value. The current Retained Earnings is $326.0 Mil. Mani's overall GF Score™ is 93/100 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 Mani (MNICF), the current Retained Earnings is $326.0 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 Mani (MNICF) Overvalued in 2026?

Based on GuruFocus' analysis, Mani stock appears to be undervalued. The current stock price of $12.82 is trading 20.2% below its estimated GF Value™ of $16.07.

Key valuation signals for MNICF:

  • Retained Earnings: $326.0 Mil
  • GF Value™: $16.07 vs. price of $12.82 (20.2% below fair value)
  • GF Score™: 93/100 with 6 warning signs

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


Mani Business Description

Other Exchanges 7730:Japan
Address 8-3 Kogyodanchi, Tochigi, JPN
Mani Inc manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.
93GF Score

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

$12.82
Price
$16.07
GF Value