Salalah Port Services Co (MUS:SPSI) Retained Earnings: ر.ع46.91 Mil (As of Mar. 2026)

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MUS:SPSI Salalah Port Services Co MUS:SPSI
51 GF Score
Price ر.ع0.53
GF Value ر.ع0.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Salalah Port Services Co Retained Earnings?

Salalah Port Services Co MUS:SPSI 51 Retained Earnings is ر.ع46.91 Mil as of Mar. 2026. GuruFocus rates MUS:SPSI with a GF Score™ of 51/100 and a GF Value™ of ر.ع0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Salalah Port Services Co's retained earnings for the quarter that ended in Mar. 2026 was ر.ع46.91 Mil.

Salalah Port Services Co's quarterly retained earnings increased from Sep. 2025 (ر.ع51.77 Mil) to Dec. 2025 (ر.ع54.35 Mil) but then declined from Dec. 2025 (ر.ع54.35 Mil) to Mar. 2026 (ر.ع46.91 Mil).

Salalah Port Services Co's annual retained earnings increased from Dec. 2023 (ر.ع48.39 Mil) to Dec. 2024 (ر.ع48.85 Mil) and increased from Dec. 2024 (ر.ع48.85 Mil) to Dec. 2025 (ر.ع54.35 Mil).


Salalah Port Services Co  (MUS:SPSI) 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.


Salalah Port Services Co Retained Earnings Historical Data

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The historical data trend for Salalah Port Services 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.

Salalah Port Services Co Retained Earnings Chart

Salalah Port Services Co 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 45.96 47.38 48.39 48.85 54.35

Salalah Port Services 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 47.08 49.53 51.77 54.35 46.91
MUS:SPSI
51GF Score
Salalah Port Services Co MUS:SPSI
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Salalah Port Services 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 ر.ع46.91 Mil mean?
Salalah Port Services Co (MUS:SPSI) has a Retained Earnings of ر.ع46.91 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Salalah Port Services Co and its competitors.
Is Salalah Port Services Co's Retained Earnings too high?
Salalah Port Services Co's current Retained Earnings is ر.ع46.91 Mil. Overall, Salalah Port Services Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salalah Port Services Co's Retained Earnings compare to KEX?
Salalah Port Services Co's Retained Earnings of ر.ع46.91 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 Salalah Port Services Co and its competitors. Salalah Port Services Co's current Retained Earnings is ر.ع46.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salalah Port Services Co stock overvalued right now?
Based on GuruFocus' analysis, Salalah Port Services Co (MUS:SPSI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.36, compared to a current price of ر.ع0.53 — trading 46.7% above its estimated fair value. The current Retained Earnings is ر.ع46.91 Mil. Salalah Port Services Co's overall GF Score™ is 51/100 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 Salalah Port Services Co (MUS:SPSI), the current Retained Earnings is ر.ع46.91 Mil as of Mar. 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 Salalah Port Services Co (MUS:SPSI) Overvalued in 2026?

Based on GuruFocus' analysis, Salalah Port Services Co stock appears to be overvalued. The current stock price of ر.ع0.53 is trading 46.7% above its estimated GF Value™ of ر.ع0.36. GuruFocus considers Salalah Port Services Co to be Significantly Overvalued.

Key valuation signals for MUS:SPSI:

  • Retained Earnings: ر.ع46.91 Mil
  • GF Value™: ر.ع0.36 vs. price of ر.ع0.53 (46.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs

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


Salalah Port Services Co Business Description

Address Al Sarooj, Way No. 2601, Fourth Floor, Office 401, P.O. Box 105, PC 118, Beach One Building, Muscat, OMN, 211
Salalah Port Services Co operates the Port of Salalah, which is in the east-west shipping lane of the Sultanate of Oman. Its port activity includes leasing, equipping, operating, and managing Terminals and Cargo. The group operates with two business divisions; Container Terminal and General Cargo Terminal, of which it derives maximum revenue from Container Terminal. Its geographical area of operation includes Oman, Europe, and others of which the Europe region accounts for a larger share of the revenue.
51GF Score

Get the complete analysis for MUS:SPSI

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

ر.ع0.53
Price
ر.ع0.36
GF Value