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Fermiere du Casino Municipal de Cannes (XPAR:FCMC) 3-Year RORE % : 28.91% (As of Apr. 2024)


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What is Fermiere du Casino Municipal de Cannes 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. Fermiere du Casino Municipal de Cannes's 3-Year RORE % for the quarter that ended in Apr. 2024 was 28.91%.

The industry rank for Fermiere du Casino Municipal de Cannes's 3-Year RORE % or its related term are showing as below:

XPAR:FCMC's 3-Year RORE % is not ranked
in the Travel & Leisure industry.
Industry Median: -0.04 vs XPAR:FCMC: 28.91

Fermiere du Casino Municipal de Cannes 3-Year RORE % Historical Data

The historical data trend for Fermiere du Casino Municipal de Cannes'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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Fermiere du Casino Municipal de Cannes 3-Year RORE % Chart

Fermiere du Casino Municipal de Cannes Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.82 - -38.03 - 23.69

Fermiere du Casino Municipal de Cannes Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 - - 142.70 23.69 28.91

Competitive Comparison of Fermiere du Casino Municipal de Cannes's 3-Year RORE %

For the Resorts & Casinos subindustry, Fermiere du Casino Municipal de Cannes'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.


Fermiere du Casino Municipal de Cannes's 3-Year RORE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fermiere du Casino Municipal de Cannes's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Fermiere du Casino Municipal de Cannes's 3-Year RORE % falls into.



Fermiere du Casino Municipal de Cannes 3-Year RORE % Calculation

Fermiere du Casino Municipal de Cannes's 3-Year RORE % for the quarter that ended in Apr. 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 )
=( 123.02-67.42 )/( 269.33-77 )
=55.6/192.33
=28.91 %

* 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 Apr. 2024 and 3-year before.


Fermiere du Casino Municipal de Cannes  (XPAR:FCMC) 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.


Fermiere du Casino Municipal de Cannes 3-Year RORE % Related Terms

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Fermiere du Casino Municipal de Cannes Business Description

Traded in Other Exchanges
N/A
Address
Le Casino Croisette, 1 espace Lucien Barriere, Cannes, FRA, 06400
Fermiere du Casino Municipal de Cannes operates a chain of casino hotels in France. The company offers accommodation, casinos, restaurants, golf courses, spas, and event management.

Fermiere du Casino Municipal de Cannes Headlines

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