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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SM Investments's retained earnings for the quarter that ended in Mar. 2026 was $10,047 Mil.
SM Investments's quarterly retained earnings
increased
from Sep. 2025 ($9,272 Mil) to Dec. 2025 ($9,697 Mil) and
increased
from Dec. 2025 ($9,697 Mil) to Mar. 2026 ($10,047 Mil).
SM Investments's annual retained earnings
increased
from Dec. 2023 ($7,198 Mil) to Dec. 2024 ($8,474 Mil) and
increased
from Dec. 2024 ($8,474 Mil) to Dec. 2025 ($9,697 Mil).
SM Investments (OTCPK:SVTMF) 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.
SM Investments Retained Earnings Historical Data
* Premium members only.
The historical data trend for SM Investments'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.
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 $10,047 Mil mean?
SM Investments (SVTMF) has a Retained Earnings of $10,047 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on SM Investments and its competitors.
Is SM Investments' Retained Earnings too high?
SM Investments' current Retained Earnings is $10,047 Mil. Overall, SM Investments has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Investments' Retained Earnings compare to DDS and M?
SM Investments' Retained Earnings of $10,047 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical 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 SM Investments and its competitors. SM Investments's current Retained Earnings is $10,047 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Investments stock overvalued right now?
Based on GuruFocus' analysis, SM Investments (SVTMF) is currently considered Possible Value Trap. The stock's GF Value™ is $16.38, compared to a current price of $10.15 — trading 38% below its estimated fair value. The current Retained Earnings is $10,047 Mil. SM Investments' overall GF Score™ is 79/100 with 4 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 SM Investments (SVTMF), the current Retained Earnings is $10,047 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 SM Investments (SVTMF) Overvalued in 2026?
Based on GuruFocus' analysis, SM Investments stock appears to be undervalued.
The current stock price of $10.15 is trading 38% below its estimated GF Value™ of $16.38.
GuruFocus considers SM Investments to be Possible Value Trap.
Key valuation signals for SVTMF:
Retained Earnings: $10,047 Mil
GF Value™: $16.38 vs. price of $10.15 (38% below fair value)
No single metric tells the full story. See the SVTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Investments Corp is a Philippines conglomerate with operations in retail, banking, property, and Portfolio investments. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, and leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, and others.
79GF Score
Get the complete analysis for SVTMF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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