NTT System (WAR:NTT) Retained Earnings: zł140 Mil (As of Mar. 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.

WAR:NTT NTT System SA WAR:NTT
74 GF Score
Price zł15.45
GF Value zł6.82
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is NTT System Retained Earnings?

NTT System WAR:NTT -2.52% 74 Retained Earnings is zł140 Mil as of Mar. 2026. GuruFocus rates WAR:NTT with a GF Score™ of 74/100 and a GF Value™ of zł6.82 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NTT System's retained earnings for the quarter that ended in Mar. 2026 was zł140 Mil.

NTT System's quarterly retained earnings increased from Sep. 2025 (zł114 Mil) to Dec. 2025 (zł133 Mil) and increased from Dec. 2025 (zł133 Mil) to Mar. 2026 (zł140 Mil).

NTT System's annual retained earnings increased from Dec. 2023 (zł82 Mil) to Dec. 2024 (zł101 Mil) and increased from Dec. 2024 (zł101 Mil) to Dec. 2025 (zł133 Mil).


NTT System  (WAR:NTT) 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.


NTT System Retained Earnings Historical Data

* Premium members only.

The historical data trend for NTT System'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.

NTT System Retained Earnings Chart

NTT System 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 45.86 58.30 81.61 100.83 132.86

NTT System 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 106.63 106.72 114.00 132.86 139.90
WAR:NTT
74GF Score
NTT System SA WAR:NTT
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT System 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 zł140 Mil mean?
NTT System (WAR:NTT) has a Retained Earnings of zł140 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on NTT System and its competitors.
Is NTT System's Retained Earnings too high?
NTT System's current Retained Earnings is zł140 Mil. Overall, NTT System has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NTT System's Retained Earnings compare to DELL and ANET?
NTT System's Retained Earnings of zł140 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Retained Earnings depends on the Hardware 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 NTT System and its competitors. NTT System's current Retained Earnings is zł140 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT System stock overvalued right now?
Based on GuruFocus' analysis, NTT System (WAR:NTT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł6.82, compared to a current price of zł15.45 — trading 126.5% above its estimated fair value. The current Retained Earnings is zł140 Mil. NTT System's overall GF Score™ is 74/100 with 6 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 NTT System (WAR:NTT), the current Retained Earnings is zł140 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 NTT System (WAR:NTT) Overvalued in 2026?

Based on GuruFocus' analysis, NTT System stock appears to be overvalued. The current stock price of zł15.45 is trading 126.5% above its estimated GF Value™ of zł6.82. GuruFocus considers NTT System to be Significantly Overvalued.

Key valuation signals for WAR:NTT:

  • Retained Earnings: zł140 Mil
  • GF Value™: zł6.82 vs. price of zł15.45 (126.5% above fair value)
  • GF Score™: 74/100 with 6 warning signs

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


NTT System Business Description

Address Zakret Street Trakt Brzeski 89, Wesola, Warsaw, POL, 05-077
NTT System SA is a manufacturer of desktop computers, supplied both private label and brand commissioned. It is one of the distributors of accessories, components, and peripherals in Poland. The company serves institutional, individual and business clients. It offers news and promotion, servers, computers, e-sport system, tablets, inks and toners, and accessories.
74GF Score

Get the complete analysis for WAR:NTT

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

zł15.45
Price
zł6.82
GF Value