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Carmit Candy Industries (XTAE:CRMT) 3-Year RORE % : -118.95% (As of Dec. 2023)


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What is Carmit Candy Industries 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. Carmit Candy Industries's 3-Year RORE % for the quarter that ended in Dec. 2023 was -118.95%.

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

XTAE:CRMT's 3-Year RORE % is ranked worse than
93.2% of 1779 companies
in the Consumer Packaged Goods industry
Industry Median: 1.2 vs XTAE:CRMT: -118.95

Carmit Candy Industries 3-Year RORE % Historical Data

The historical data trend for Carmit Candy Industries'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.

Carmit Candy Industries 3-Year RORE % Chart

Carmit Candy Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - -5.66 -799.01 73.56 -118.95

Carmit Candy Industries Semi-Annual Data
Dec16 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 -799.01 -12,200.00 73.56 65.38 -118.95

Competitive Comparison of Carmit Candy Industries's 3-Year RORE %

For the Confectioners subindustry, Carmit Candy Industries'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.


Carmit Candy Industries's 3-Year RORE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Carmit Candy Industries's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Carmit Candy Industries's 3-Year RORE % falls into.



Carmit Candy Industries 3-Year RORE % Calculation

Carmit Candy Industries'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 )
=( 0.09--1.73 )/( -1.53-0 )
=1.82/-1.53
=-118.95 %

* 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.


Carmit Candy Industries  (XTAE:CRMT) 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.


Carmit Candy Industries 3-Year RORE % Related Terms

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Carmit Candy Industries (XTAE:CRMT) Business Description

Traded in Other Exchanges
N/A
Address
25 Hahagana Street, Rishon Lezion, ISR, 75706
Carmit Candy Industries Ltd is a confectionery manufacturer. It produces confectionery products for private label brands. Its products include chocolate coins, marshmallows, Dairy-free chocolate, lollipops and toffees, and chocolate bars, among others. It caters to industrial and professional markets in Israel and produces chocolate, which serves as raw material for the chocolate, ice cream, dairy, confectionery, bakery and other industries.