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Discovery Metals (ASX:DML) 5-Year RORE % : 0.00% (As of Jun. 2014)


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What is Discovery Metals 5-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. Discovery Metals's 5-Year RORE % for the quarter that ended in Jun. 2014 was 0.00%.

The industry rank for Discovery Metals's 5-Year RORE % or its related term are showing as below:

ASX:DML's 5-Year RORE % is not ranked *
in the Metals & Mining industry.
Industry Median: -4.55
* Ranked among companies with meaningful 5-Year RORE % only.

Discovery Metals 5-Year RORE % Historical Data

The historical data trend for Discovery Metals's 5-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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Discovery Metals 5-Year RORE % Chart

Discovery Metals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
5-Year RORE %
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Discovery Metals Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
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Competitive Comparison of Discovery Metals's 5-Year RORE %

For the Other Industrial Metals & Mining subindustry, Discovery Metals's 5-Year RORE %, along with its competitors' market caps and 5-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.


Discovery Metals's 5-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Discovery Metals's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Discovery Metals's 5-Year RORE % falls into.



Discovery Metals 5-Year RORE % Calculation

Discovery Metals's 5-Year RORE % for the quarter that ended in Jun. 2014 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.029--0.019 )/( -0.575-0 )
=0.048/-0.575
=-8.35 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2014 and 5-year before.


Discovery Metals  (ASX:DML) 5-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, 5-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.


Discovery Metals 5-Year RORE % Related Terms

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Discovery Metals (ASX:DML) Business Description

Traded in Other Exchanges
N/A
Address
Discovery Metals Limited (DML) is incorporated in Australia. It is engaged in nickel and copper exploration company. The company focuses on the exploration and development on its two major projects in Botswana being the Maun Copper Project and the Dikoloti Nickel Project.

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