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Corporacion Aceros Arequipa (LIM:CORAREC1) 3-Year RORE % : -98.62% (As of Mar. 2024)


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What is Corporacion Aceros Arequipa 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. Corporacion Aceros Arequipa's 3-Year RORE % for the quarter that ended in Mar. 2024 was -98.62%.

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

LIM:CORAREC1's 3-Year RORE % is ranked worse than
86.99% of 592 companies
in the Steel industry
Industry Median: -7.54 vs LIM:CORAREC1: -98.62

Corporacion Aceros Arequipa 3-Year RORE % Historical Data

The historical data trend for Corporacion Aceros Arequipa'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.

Corporacion Aceros Arequipa 3-Year RORE % Chart

Corporacion Aceros Arequipa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.95 -7.97 79.17 9.85 -120.08

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 9.85 -27.21 -111.03 -120.08 -98.62

Competitive Comparison of Corporacion Aceros Arequipa's 3-Year RORE %

For the Steel subindustry, Corporacion Aceros Arequipa'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.


Corporacion Aceros Arequipa's 3-Year RORE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corporacion Aceros Arequipa's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Corporacion Aceros Arequipa's 3-Year RORE % falls into.



Corporacion Aceros Arequipa 3-Year RORE % Calculation

Corporacion Aceros Arequipa's 3-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( 0.067-0.567 )/( 0.982-0.475 )
=-0.5/0.507
=-98.62 %

* 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 Mar. 2024 and 3-year before.


Corporacion Aceros Arequipa  (LIM:CORAREC1) 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.


Corporacion Aceros Arequipa 3-Year RORE % Related Terms

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Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Traded in Other Exchanges
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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