Institut IGH DD (ZAG:IGH) Retained Earnings: €-11.97 Mil (As of Mar. 2026)

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ZAG:IGH Institut IGH DD ZAG:IGH
56 GF Score
Price €10.10
GF Value €12.48
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Institut IGH DD Retained Earnings?

Institut IGH DD ZAG:IGH 56 Retained Earnings is €-11.97 Mil as of Mar. 2026. GuruFocus rates ZAG:IGH with a GF Score™ of 56/100 and a GF Value™ of €12.48 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Institut IGH DD's retained earnings for the quarter that ended in Mar. 2026 was €-11.97 Mil.

Institut IGH DD's quarterly retained earnings increased from Sep. 2025 (€-13.89 Mil) to Dec. 2025 (€-11.97 Mil) but then declined from Dec. 2025 (€-11.97 Mil) to Mar. 2026 (€-11.97 Mil).

Institut IGH DD's annual retained earnings declined from Dec. 2023 (€0.00 Mil) to Dec. 2024 (€-12.76 Mil) but then increased from Dec. 2024 (€-12.76 Mil) to Dec. 2025 (€-11.97 Mil).


Institut IGH DD  (ZAG:IGH) 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.


Institut IGH DD Retained Earnings Historical Data

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The historical data trend for Institut IGH DD'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.

Institut IGH DD Retained Earnings Chart

Institut IGH DD 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 -33.67 -32.94 0.00 -12.76 -11.97

Institut IGH DD 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 -13.11 -12.49 -13.89 -11.97 -11.97
ZAG:IGH
56GF Score
Institut IGH DD ZAG:IGH
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Institut IGH DD 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 €-11.97 Mil mean?
Institut IGH DD (ZAG:IGH) has a Retained Earnings of €-11.97 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Institut IGH DD and its competitors.
Is Institut IGH DD's Retained Earnings too high?
Institut IGH DD's current Retained Earnings is €-11.97 Mil. Overall, Institut IGH DD has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Institut IGH DD's Retained Earnings compare to PWR and FIX?
Institut IGH DD's Retained Earnings of €-11.97 Mil can be compared against companies in the Construction 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 Construction company?
A good Retained Earnings depends on the Construction 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 Institut IGH DD and its competitors. Institut IGH DD's current Retained Earnings is €-11.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institut IGH DD stock overvalued right now?
Based on GuruFocus' analysis, Institut IGH DD (ZAG:IGH) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.48, compared to a current price of €10.10 — trading 19.1% below its estimated fair value. The current Retained Earnings is €-11.97 Mil. Institut IGH DD's overall GF Score™ is 56/100 with 3 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 Institut IGH DD (ZAG:IGH), the current Retained Earnings is €-11.97 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 Institut IGH DD (ZAG:IGH) Overvalued in 2026?

Based on GuruFocus' analysis, Institut IGH DD stock appears to be undervalued. The current stock price of €10.10 is trading 19.1% below its estimated GF Value™ of €12.48. GuruFocus considers Institut IGH DD to be Modestly Undervalued.

Key valuation signals for ZAG:IGH:

  • Retained Earnings: €-11.97 Mil
  • GF Value™: €12.48 vs. price of €10.10 (19.1% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Institut IGH DD Business Description

Address Janka Rakuse 1, Zagreb, HRV, 10000
Institut IGH DD is a consulting company for engineering services in the field of construction in Croatia and the region, providing support to infrastructure and investment projects and solutions in the field of construction in Croatia and international markets. Its services are management of holding companies, architectural and engineering activities, technical consulting, improvement of regulations in the field of construction, improvement of development programs and construction technologies, and protection, preservation, and improvement of space. Its segments include Department of Design, the Department of Professional Supervision and Project Management generate maximum revenue, Department of Materials and Structures, Branches, and Management and Support Services.
56GF Score

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

€10.10
Price
€12.48
GF Value