Altshuler Shaham Financial (XTAE:ALTF) Retained Earnings: ₪331.7 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XTAE:ALTF Altshuler Shaham Financial Ltd XTAE:ALTF
78 GF Score
Price ₪7.17
GF Value ₪5.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Altshuler Shaham Financial Retained Earnings?

Altshuler Shaham Financial XTAE:ALTF +1.53% 78 Retained Earnings is ₪331.7 Mil as of Jun. 2026. GuruFocus rates XTAE:ALTF with a GF Score™ of 78/100 and a GF Value™ of ₪5.39 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Altshuler Shaham Financial's retained earnings for the quarter that ended in Jun. 2026 was ₪331.7 Mil.

Altshuler Shaham Financial's quarterly retained earnings increased from Dec. 2025 (₪319.9 Mil) to Mar. 2026 (₪331.6 Mil) and increased from Mar. 2026 (₪331.6 Mil) to Jun. 2026 (₪331.7 Mil).

Altshuler Shaham Financial's annual retained earnings increased from Dec. 2023 (₪248.8 Mil) to Dec. 2024 (₪276.7 Mil) and increased from Dec. 2024 (₪276.7 Mil) to Dec. 2025 (₪319.9 Mil).


Altshuler Shaham Financial  (XTAE:ALTF) 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.


Altshuler Shaham Financial Retained Earnings Historical Data

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The historical data trend for Altshuler Shaham Financial'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.

Altshuler Shaham Financial Retained Earnings Chart

Altshuler Shaham Financial 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 285.23 221.72 248.83 276.72 319.93

Altshuler Shaham Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 291.79 297.21 319.93 331.61 331.74
XTAE:ALTF
78GF Score
Altshuler Shaham Financial Ltd XTAE:ALTF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Altshuler Shaham Financial 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 ₪331.7 Mil mean?
Altshuler Shaham Financial (XTAE:ALTF) has a Retained Earnings of ₪331.7 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Altshuler Shaham Financial and its competitors.
Is Altshuler Shaham Financial's Retained Earnings too high?
Altshuler Shaham Financial's current Retained Earnings is ₪331.7 Mil. Overall, Altshuler Shaham Financial has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altshuler Shaham Financial's Retained Earnings compare to BLK and BX?
Altshuler Shaham Financial's Retained Earnings of ₪331.7 Mil can be compared against companies in the Asset 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 an Asset Management company?
A good Retained Earnings depends on the Asset 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 Altshuler Shaham Financial and its competitors. Altshuler Shaham Financial's current Retained Earnings is ₪331.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altshuler Shaham Financial stock overvalued right now?
Based on GuruFocus' analysis, Altshuler Shaham Financial (XTAE:ALTF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪5.39, compared to a current price of ₪7.17 — trading 33% above its estimated fair value. The current Retained Earnings is ₪331.7 Mil. Altshuler Shaham Financial's overall GF Score™ is 78/100 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 Altshuler Shaham Financial (XTAE:ALTF), the current Retained Earnings is ₪331.7 Mil as of Jun. 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 Altshuler Shaham Financial (XTAE:ALTF) Overvalued in 2026?

Based on GuruFocus' analysis, Altshuler Shaham Financial stock appears to be overvalued. The current stock price of ₪7.17 is trading 33% above its estimated GF Value™ of ₪5.39. GuruFocus considers Altshuler Shaham Financial to be Significantly Overvalued.

Key valuation signals for XTAE:ALTF:

  • Retained Earnings: ₪331.7 Mil
  • GF Value™: ₪5.39 vs. price of ₪7.17 (33% above fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Altshuler Shaham Financial Business Description

Address 19A Habarzel Street, Ramat Hachayal, Tel Aviv, ISR, 6971026
Altshuler Shaham Financial Ltd is a manager of provident funds, study and pension funds. It holds a permit to operate provident funds for savings, provident pay and severance pay, central severance pay funds, study funds, central sick pay provident fund, a central provident fund for budgetary pension participation, investment provident funds, and investment provident funds - long-term savings for children (with multiple tracks). The company has two operating segments: The pension fund segment and the Provident fund segment.
78GF Score

Get the complete analysis for XTAE:ALTF

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

₪7.17
Price
₪5.39
GF Value