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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vukile Property Fund's retained earnings for the quarter that ended in Mar. 2026 was N$3,055 Mil.
Vukile Property Fund's quarterly retained earnings
increased
from Mar. 2025 (N$2,409 Mil) to Sep. 2025 (N$2,545 Mil) and
increased
from Sep. 2025 (N$2,545 Mil) to Mar. 2026 (N$3,055 Mil).
Vukile Property Fund's annual retained earnings
increased
from Mar. 2024 (N$1,946 Mil) to Mar. 2025 (N$2,409 Mil) and
increased
from Mar. 2025 (N$2,409 Mil) to Mar. 2026 (N$3,055 Mil).
Vukile Property Fund (NAM:VKN) 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.
Vukile Property Fund Retained Earnings Historical Data
* Premium members only.
The historical data trend for Vukile Property Fund'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.
Vukile Property Fund 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.
What does a Retained Earnings of N$3,055 Mil mean?
Vukile Property Fund (NAM:VKN) has a Retained Earnings of N$3,055 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Vukile Property Fund and its competitors.
Is Vukile Property Fund's Retained Earnings too high?
Vukile Property Fund's current Retained Earnings is N$3,055 Mil. Overall, Vukile Property Fund has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vukile Property Fund's Retained Earnings compare to SPG and O?
Vukile Property Fund's Retained Earnings of N$3,055 Mil can be compared against companies in the REITs 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 REITs company?
A good Retained Earnings depends on the REITs 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 Vukile Property Fund and its competitors. Vukile Property Fund's current Retained Earnings is N$3,055 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vukile Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Vukile Property Fund (NAM:VKN) is currently considered Modestly Overvalued. The stock's GF Value™ is N$21.76, compared to a current price of N$24.44 — trading 12.3% above its estimated fair value. The current Retained Earnings is N$3,055 Mil. Vukile Property Fund's overall GF Score™ is 73/100 with 8 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 Vukile Property Fund (NAM:VKN), the current Retained Earnings is N$3,055 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 Vukile Property Fund (NAM:VKN) Overvalued in 2026?
Based on GuruFocus' analysis, Vukile Property Fund stock appears to be overvalued.
The current stock price of N$24.44 is trading 12.3% above its estimated GF Value™ of N$21.76.
GuruFocus considers Vukile Property Fund to be Modestly Overvalued.
Key valuation signals for NAM:VKN:
Retained Earnings: N$3,055 Mil
GF Value™: N$21.76 vs. price of N$24.44 (12.3% above fair value)
No single metric tells the full story. See the NAM:VKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vukile Property Fund Ltd is a real estate company that owns property throughout South Africa. The company derives its revenue predominantly from property leases. Retail properties, particularly shopping malls, represent more than half of Vukile's property portfolio. Offices, industrial buildings, and sovereign properties are also its portfolio constituents. The majority of the company's tenants are large, listed national companies and franchises, with the remainder comprising government and midsize to large professional firms. The company's geographical segment includes South Africa and the Iberian Peninsula, which is further disaggregated into Spain and Portugal.
73GF Score
Get the complete analysis for NAM:VKN
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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