Saudi Ceramic Co (SAU:2040) Retained Earnings: ﷼551 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:2040 Saudi Ceramic Co SAU:2040
69 GF Score
Price ﷼25.90
GF Value ﷼32.98
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Saudi Ceramic Co Retained Earnings?

Saudi Ceramic Co SAU:2040 +0.31% 69 Retained Earnings is ﷼551 Mil as of Jun. 2026. GuruFocus rates SAU:2040 with a GF Score™ of 69/100 and a GF Value™ of ﷼32.98 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saudi Ceramic Co's retained earnings for the quarter that ended in Jun. 2026 was ﷼551 Mil.

Saudi Ceramic Co's quarterly retained earnings declined from Dec. 2025 (﷼559 Mil) to Mar. 2026 (﷼530 Mil) but then increased from Mar. 2026 (﷼530 Mil) to Jun. 2026 (﷼551 Mil).

Saudi Ceramic Co's annual retained earnings declined from Dec. 2023 (﷼460 Mil) to Dec. 2024 (﷼429 Mil) but then increased from Dec. 2024 (﷼429 Mil) to Dec. 2025 (﷼559 Mil).


Saudi Ceramic Co  (SAU:2040) 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.


Saudi Ceramic Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Saudi Ceramic 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.

Saudi Ceramic Co Retained Earnings Chart

Saudi Ceramic 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 630.11 707.45 459.65 429.05 558.60

Saudi Ceramic Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 562.81 519.46 558.60 530.32 550.57
SAU:2040
69GF Score
Saudi Ceramic Co SAU:2040
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saudi Ceramic 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 ﷼551 Mil mean?
Saudi Ceramic Co (SAU:2040) has a Retained Earnings of ﷼551 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Saudi Ceramic Co and its competitors.
Is Saudi Ceramic Co's Retained Earnings too high?
Saudi Ceramic Co's current Retained Earnings is ﷼551 Mil. Overall, Saudi Ceramic Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saudi Ceramic Co's Retained Earnings compare to TT and JCI?
Saudi Ceramic Co's Retained Earnings of ﷼551 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 Saudi Ceramic Co and its competitors. Saudi Ceramic Co's current Retained Earnings is ﷼551 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Ceramic Co (SAU:2040) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼32.98, compared to a current price of ﷼25.90 — trading 21.5% below its estimated fair value. The current Retained Earnings is ﷼551 Mil. Saudi Ceramic Co's overall GF Score™ is 69/100 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 Saudi Ceramic Co (SAU:2040), the current Retained Earnings is ﷼551 Mil as of Jun. 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 Saudi Ceramic Co (SAU:2040) Overvalued in 2026?

Based on GuruFocus' analysis, Saudi Ceramic Co stock appears to be undervalued. The current stock price of ﷼25.90 is trading 21.5% below its estimated GF Value™ of ﷼32.98. GuruFocus considers Saudi Ceramic Co to be Modestly Undervalued.

Key valuation signals for SAU:2040:

  • Retained Earnings: ﷼551 Mil
  • GF Value™: ﷼32.98 vs. price of ﷼25.90 (21.5% below fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the SAU:2040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saudi Ceramic Co Business Description

Address King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481
Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also involved in the import of related machinery, equipment, and other accessories. It has three reporting segments: the Ceramic Tiles and Sanitary Ware segment, which generates the maximum revenue and is involved in the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items; the Water Heaters segment, which is engaged in the manufacturing and distribution of electric water heaters; and the Ceramic Pipes segment, which is involved in the manufacturing and distribution of clay pipes for sanitary ware and sewage networks. The company generates the majority of its revenue from the local market.
69GF Score

Get the complete analysis for SAU:2040

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

﷼25.90
Price
﷼32.98
GF Value