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QRS Music Technologies (QRS Music Technologies) 3-Year RORE % : 0.00% (As of Mar. 2007)


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What is QRS Music Technologies 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. QRS Music Technologies's 3-Year RORE % for the quarter that ended in Mar. 2007 was 0.00%.

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

QRSM's 3-Year RORE % is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.02
* Ranked among companies with meaningful 3-Year RORE % only.

QRS Music Technologies 3-Year RORE % Historical Data

The historical data trend for QRS Music Technologies'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.

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QRS Music Technologies 3-Year RORE % Chart

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QRS Music Technologies Quarterly Data
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Competitive Comparison of QRS Music Technologies's 3-Year RORE %

For the Leisure subindustry, QRS Music Technologies'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.


QRS Music Technologies's 3-Year RORE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, QRS Music Technologies's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where QRS Music Technologies's 3-Year RORE % falls into.



QRS Music Technologies 3-Year RORE % Calculation

QRS Music Technologies's 3-Year RORE % for the quarter that ended in Mar. 2007 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 )
=( -0.066-0.11 )/( 0.014-0 )
=-0.176/0.014
=-1,257.14 %

* 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. 2007 and 3-year before.


QRS Music Technologies  (OTCPK:QRSM) 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.


QRS Music Technologies 3-Year RORE % Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines