Fraser & Neave Holdings Bhd (XKLS:3689) Retained Earnings: RM3,035 Mil (As of Mar. 2026)

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XKLS:3689 Fraser & Neave Holdings Bhd XKLS:3689
84 GF Score
Price RM28.30
GF Value RM28.21
Valuation Fairly Valued
! 2 Warning Signs
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What is Fraser & Neave Holdings Bhd Retained Earnings?

Fraser & Neave Holdings Bhd XKLS:3689 -1.19% 84 Retained Earnings is RM3,035 Mil as of Mar. 2026. GuruFocus rates XKLS:3689 with a GF Score™ of 84/100 and a GF Value™ of RM28.21 (Fairly Valued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fraser & Neave Holdings Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM3,035 Mil.

Fraser & Neave Holdings Bhd's quarterly retained earnings increased from Sep. 2025 (RM2,955 Mil) to Dec. 2025 (RM3,067 Mil) but then declined from Dec. 2025 (RM3,067 Mil) to Mar. 2026 (RM3,035 Mil).

Fraser & Neave Holdings Bhd's annual retained earnings increased from Sep. 2023 (RM2,432 Mil) to Sep. 2024 (RM2,681 Mil) and increased from Sep. 2024 (RM2,681 Mil) to Sep. 2025 (RM2,955 Mil).


Fraser & Neave Holdings Bhd  (XKLS:3689) 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.


Fraser & Neave Holdings Bhd Retained Earnings Historical Data

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The historical data trend for Fraser & Neave Holdings Bhd'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.

Fraser & Neave Holdings Bhd Retained Earnings Chart

Fraser & Neave Holdings Bhd Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,945.23 2,114.08 2,431.66 2,680.82 2,954.82

Fraser & Neave Holdings Bhd 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 2,868.24 2,843.93 2,954.82 3,067.01 3,034.91
XKLS:3689
84GF Score
Fraser & Neave Holdings Bhd XKLS:3689
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Fraser & Neave Holdings Bhd 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 RM3,035 Mil mean?
Fraser & Neave Holdings Bhd (XKLS:3689) has a Retained Earnings of RM3,035 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fraser & Neave Holdings Bhd and its competitors.
Is Fraser & Neave Holdings Bhd's Retained Earnings too high?
Fraser & Neave Holdings Bhd's current Retained Earnings is RM3,035 Mil. Overall, Fraser & Neave Holdings Bhd has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fraser & Neave Holdings Bhd's Retained Earnings compare to KO and PEP?
Fraser & Neave Holdings Bhd's Retained Earnings of RM3,035 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Retained Earnings depends on the Beverages - Non-Alcoholic 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 Fraser & Neave Holdings Bhd and its competitors. Fraser & Neave Holdings Bhd's current Retained Earnings is RM3,035 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser & Neave Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd (XKLS:3689) is currently considered Fairly Valued. The stock's GF Value™ is RM28.21, compared to a current price of RM28.30 — trading 0.3% above its estimated fair value. The current Retained Earnings is RM3,035 Mil. Fraser & Neave Holdings Bhd's overall GF Score™ is 84/100 with 2 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 Fraser & Neave Holdings Bhd (XKLS:3689), the current Retained Earnings is RM3,035 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 Fraser & Neave Holdings Bhd (XKLS:3689) Overvalued in 2026?

Based on GuruFocus' analysis, Fraser & Neave Holdings Bhd stock appears to be overvalued. The current stock price of RM28.30 is trading 0.3% above its estimated GF Value™ of RM28.21. GuruFocus considers Fraser & Neave Holdings Bhd to be Fairly Valued.

Key valuation signals for XKLS:3689:

  • Retained Earnings: RM3,035 Mil
  • GF Value™: RM28.21 vs. price of RM28.30 (0.3% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the XKLS:3689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fraser & Neave Holdings Bhd Business Description

Address No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400
Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand and operates through four main segments: F&B Malaysia, which generates maximum revenue, F&B Thailand, Property, and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Its core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N Seasons, F&N Ice Mountain, and others. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree, among others. Geographically, the company derives a majority of its revenue from Southeast Asia and the rest from other regions.
84GF Score

Get the complete analysis for XKLS:3689

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

RM28.30
Price
RM28.21
GF Value