TMRAY (Tomra Systems ASA) Retained Earnings: $0 Mil (As of Mar. 2026)


TMRAY Tomra Systems ASA TMRAY
86 GF Score
Price $9.98
GF Value $16.02
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tomra Systems ASA Retained Earnings?

Tomra Systems ASA TMRAY +0.02% 86 Retained Earnings is $0 Mil as of Mar. 2026. GuruFocus rates TMRAY with a GF Score™ of 86/100 and a GF Value™ of $16.02 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tomra Systems ASA's retained earnings for the quarter that ended in Mar. 2026 was $0 Mil.

Tomra Systems ASA's quarterly retained earnings increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($498 Mil) but then declined from Dec. 2025 ($498 Mil) to Mar. 2026 ($0 Mil).

Tomra Systems ASA's annual retained earnings declined from Dec. 2023 ($426 Mil) to Dec. 2024 ($423 Mil) but then increased from Dec. 2024 ($423 Mil) to Dec. 2025 ($498 Mil).


Tomra Systems ASA  (OTCPK:TMRAY) 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.


Tomra Systems ASA Retained Earnings Historical Data

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The historical data trend for Tomra Systems ASA'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.

Tomra Systems ASA Retained Earnings Chart

Tomra Systems ASA 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 557.41 535.58 426.06 422.62 498.24

Tomra Systems ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 498.24 0.00
TMRAY
86GF Score
Tomra Systems ASA TMRAY
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Tomra Systems ASA 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 $0 Mil mean?
Tomra Systems ASA (TMRAY) has a Retained Earnings of $0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tomra Systems ASA and its competitors.
Is Tomra Systems ASA's Retained Earnings too high?
Tomra Systems ASA's current Retained Earnings is $0 Mil. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Retained Earnings compare to WM and RSG?
Tomra Systems ASA's Retained Earnings of $0 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Retained Earnings depends on the Waste Management 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 Tomra Systems ASA and its competitors. Tomra Systems ASA's current Retained Earnings is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.02, compared to a current price of $9.98 — trading 37.7% below its estimated fair value. The current Retained Earnings is $0 Mil. Tomra Systems ASA's overall GF Score™ is 86/100 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 Tomra Systems ASA (TMRAY), the current Retained Earnings is $0 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?

Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued. The current stock price of $9.98 is trading 37.7% below its estimated GF Value™ of $16.02. GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.

Key valuation signals for TMRAY:

  • Retained Earnings: $0 Mil
  • GF Value™: $16.02 vs. price of $9.98 (37.7% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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


Tomra Systems ASA Business Description

Address Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score

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

$9.98
Price
$16.02
GF Value