GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Everest Metals Corp Ltd (ASX:EMC) » Definitions » 3-Year RORE %

Everest Metals (ASX:EMC) 3-Year RORE % : 25.00% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Everest Metals 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Everest Metals's 3-Year RORE % for the quarter that ended in Dec. 2023 was 25.00%.

The industry rank for Everest Metals's 3-Year RORE % or its related term are showing as below:

ASX:EMC's 3-Year RORE % is ranked better than
78.74% of 2121 companies
in the Metals & Mining industry
Industry Median: -11.11 vs ASX:EMC: 25.00

Everest Metals 3-Year RORE % Historical Data

The historical data trend for Everest Metals's 3-Year RORE % 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.

* Premium members only.

Everest Metals 3-Year RORE % Chart

Everest Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 -6.31 10.37 -18.00 -37.89

Everest Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % 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 -28.97 -18.00 -56.10 -37.89 25.00

Competitive Comparison of Everest Metals's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Everest Metals's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Everest Metals's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Everest Metals's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Everest Metals's 3-Year RORE % falls into.



Everest Metals 3-Year RORE % Calculation

Everest Metals's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.018--0.008 )/( -0.04-0 )
=-0.01/-0.04
=25.00 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


Everest Metals  (ASX:EMC) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Everest Metals 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Everest Metals's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Everest Metals (ASX:EMC) Business Description

Traded in Other Exchanges
N/A
Address
256 Adelaide Terrace, Suite 4.02, Level 4, Perth, WA, AUS, 6000
Everest Metals Corp Ltd is a company exploring economic deposits containing Cobalt in prospective areas within stable jurisdictions. Cobalt is a strategic mineral and an essential element used in batteries important for the growth of renewable energy in the world. The projects of the company include Revere; Mt Dimer; Rover; Yarbu; Ninghan and Mt Edon.

Everest Metals (ASX:EMC) Headlines

From GuruFocus

Here's Why EMC Looks Like a Good Prospect

By RHPanalysts RHPanalysts 09-21-2014

John Paulson Goes Virtual

By Sydnee Gatewood Sydnee Gatewood 08-16-2016

David Einhorn's Best Stocks of 2014

By Holly LaFon Holly LaFon 12-27-2014

Investors Can Rely On EMC For Good Returns

By gunjinvest gunjinvest 11-10-2014

David Rolfe Comments on EMC

By Holly LaFon 10-15-2015

Seth Klarman Eliminates 4 Stakes in 3rd Quarter

By James Li James Li 11-16-2016

Jeremy Grantham's GMO Ups Stake in EMC Corp.

By Kyle Ferguson Kyle Ferguson 02-15-2016

Dell-EMC is Not a Done Deal

By Renee Ann Butler Renee Ann Butler 12-03-2015

EMC Increases its Focus on Software

By Omar Venerio ovenerio 11-28-2014