Momentum Group (NAM:MMT) Retained Earnings: R19,107 Mil (As of Dec. 2025)


NAM:MMT Momentum Group Ltd NAM:MMT
82 GF Score
Price R40.24
GF Value R49.52
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Momentum Group Retained Earnings?

Momentum Group NAM:MMT +1.00% 82 Retained Earnings is R19,107 Mil as of Dec. 2025. GuruFocus rates NAM:MMT with a GF Score™ of 82/100 and a GF Value™ of R49.52 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Momentum Group's retained earnings for the quarter that ended in Dec. 2025 was R19,107 Mil.

Momentum Group's quarterly retained earnings increased from Dec. 2024 (R17,397 Mil) to Jun. 2025 (R18,053 Mil) and increased from Jun. 2025 (R18,053 Mil) to Dec. 2025 (R19,107 Mil).

Momentum Group's annual retained earnings increased from Jun. 2023 (R13,450 Mil) to Jun. 2024 (R15,542 Mil) and increased from Jun. 2024 (R15,542 Mil) to Jun. 2025 (R18,053 Mil).


Momentum Group  (NAM:MMT) 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.


Momentum Group Retained Earnings Historical Data

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The historical data trend for Momentum Group'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.

Momentum Group Retained Earnings Chart

Momentum Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,369.00 13,063.00 13,450.00 15,542.00 18,053.00

Momentum Group 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 13,896.00 15,542.00 17,397.00 18,053.00 19,107.00
NAM:MMT
82GF Score
Momentum Group Ltd NAM:MMT
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Momentum Group 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 R19,107 Mil mean?
Momentum Group (NAM:MMT) has a Retained Earnings of R19,107 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Momentum Group and its competitors.
Is Momentum Group's Retained Earnings too high?
Momentum Group's current Retained Earnings is R19,107 Mil. Overall, Momentum Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Momentum Group's Retained Earnings compare to BRK.A and AIG?
Momentum Group's Retained Earnings of R19,107 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Retained Earnings depends on the Insurance 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 Momentum Group and its competitors. Momentum Group's current Retained Earnings is R19,107 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentum Group stock overvalued right now?
Based on GuruFocus' analysis, Momentum Group (NAM:MMT) is currently considered Modestly Undervalued. The stock's GF Value™ is R49.52, compared to a current price of R40.24 — trading 18.7% below its estimated fair value. The current Retained Earnings is R19,107 Mil. Momentum Group's overall GF Score™ is 82/100 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 Momentum Group (NAM:MMT), the current Retained Earnings is R19,107 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 Momentum Group (NAM:MMT) Overvalued in 2026?

Based on GuruFocus' analysis, Momentum Group stock appears to be undervalued. The current stock price of R40.24 is trading 18.7% below its estimated GF Value™ of R49.52. GuruFocus considers Momentum Group to be Modestly Undervalued.

Key valuation signals for NAM:MMT:

  • Retained Earnings: R19,107 Mil
  • GF Value™: R49.52 vs. price of R40.24 (18.7% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Momentum Group Business Description

Address 268 West Avenue, Centurion, GT, ZAF, 0157
Momentum Group Ltd is engaged in life insurance and integrated financial services sectors. It operates in South Africa, the UK, Guernsey, India, Botswana, Ghana, Lesotho, Mozambique, and Namibia. The company operates through brands like Momentum, Metropolitan, Guardrisk, and Eris Properties.
82GF Score

Get the complete analysis for NAM:MMT

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

R40.24
Price
R49.52
GF Value