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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Property For Industry's retained earnings for the quarter that ended in Dec. 2025 was $505.42 Mil.
Property For Industry's quarterly retained earnings
increased
from Dec. 2024 ($455.96 Mil) to Jun. 2025 ($513.00 Mil) but then
declined
from Jun. 2025 ($513.00 Mil) to Dec. 2025 ($505.42 Mil).
Property For Industry's annual retained earnings
declined
from Dec. 2022 ($589.00 Mil) to Dec. 2023 ($489.49 Mil) but then
increased
from Dec. 2023 ($489.49 Mil) to Jun. 2025 ($513.00 Mil).
Property For Industry (OTCPK:PYIYF) 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.
Property For Industry Retained Earnings Historical Data
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The historical data trend for Property For Industry'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.
Property For Industry 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 $505.42 Mil mean?
Property For Industry (PYIYF) has a Retained Earnings of $505.42 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Property For Industry and its competitors.
Is Property For Industry's Retained Earnings too high?
Property For Industry's current Retained Earnings is $505.42 Mil. Overall, Property For Industry has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Retained Earnings compare to PLD and PSA?
Property For Industry's Retained Earnings of $505.42 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 Property For Industry and its competitors. Property For Industry's current Retained Earnings is $505.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Property For Industry (PYIYF) has a current Retained Earnings of $505.42 Mil. The stock's GF Value™ is $1.21, compared to a current price of $1.26 — trading 4.1% above its estimated fair value. The current Retained Earnings is $505.42 Mil. Property For Industry's overall GF Score™ is 82/100 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 Property For Industry (PYIYF), the current Retained Earnings is $505.42 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 Property For Industry (PYIYF) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued.
The current stock price of $1.26 is trading 4.1% above its estimated GF Value™ of $1.21.
Key valuation signals for PYIYF:
Retained Earnings: $505.42 Mil
GF Value™: $1.21 vs. price of $1.26 (4.1% above fair value)
No single metric tells the full story. See the PYIYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
82GF Score
Get the complete analysis for PYIYF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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