SPIE (SPIIY) Retained Earnings: $207 Mil (As of Dec. 2025)


SPIIY SPIE SA SPIIY
66 GF Score
Price $15.48
GF Value $12.12
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is SPIE Retained Earnings?

SPIE SPIIY +16.68% 66 Retained Earnings is $207 Mil as of Dec. 2025. GuruFocus rates SPIIY with a GF Score™ of 66/100 and a GF Value™ of $12.12 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SPIE's retained earnings for the quarter that ended in Dec. 2025 was $207 Mil.

SPIE's quarterly retained earnings increased from Jun. 2025 ($-15 Mil) to Sep. 2025 ($0 Mil) and increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($207 Mil).

SPIE's annual retained earnings increased from Dec. 2023 ($260 Mil) to Dec. 2024 ($286 Mil) but then declined from Dec. 2024 ($286 Mil) to Dec. 2025 ($207 Mil).


SPIE  (OTCPK:SPIIY) 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.


SPIE Retained Earnings Historical Data

* Premium members only.

The historical data trend for SPIE'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.

SPIE Retained Earnings Chart

SPIE 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 191.07 160.53 260.10 286.07 206.56

SPIE Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 0.00 286.07 -15.42 0.00 206.56
SPIIY
66GF Score
SPIE SA SPIIY
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPIE 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 $207 Mil mean?
SPIE (SPIIY) has a Retained Earnings of $207 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on SPIE and its competitors.
Is SPIE's Retained Earnings too high?
SPIE's current Retained Earnings is $207 Mil. Overall, SPIE has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIE's Retained Earnings compare to PWR and FIX?
SPIE's Retained Earnings of $207 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 SPIE and its competitors. SPIE's current Retained Earnings is $207 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIE stock overvalued right now?
Based on GuruFocus' analysis, SPIE (SPIIY) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.12, compared to a current price of $15.48 — trading 27.7% above its estimated fair value. The current Retained Earnings is $207 Mil. SPIE's overall GF Score™ is 66/100 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 SPIE (SPIIY), the current Retained Earnings is $207 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 SPIE (SPIIY) Overvalued in 2026?

Based on GuruFocus' analysis, SPIE stock appears to be overvalued. The current stock price of $15.48 is trading 27.7% above its estimated GF Value™ of $12.12. GuruFocus considers SPIE to be Modestly Overvalued.

Key valuation signals for SPIIY:

  • Retained Earnings: $207 Mil
  • GF Value™: $12.12 vs. price of $15.48 (27.7% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


SPIE Business Description

Address 10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863
SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around operating segments: France, North-Western Europe, Germany, Central Europe, and Global Services Energy. The majority of its revenue is derived from the Germany segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.
66GF Score

Get the complete analysis for SPIIY

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

$15.48
Price
$12.12
GF Value