GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Danieli & C. Officine Meccaniche SpA (OTCPK:DNIYY) » Definitions » 10-Year RORE %

Danieli & C. Officine Meccaniche SpA (Danieli & C. Officine Meccaniche SpA) 10-Year RORE % : 4.55% (As of Jun. 2023)


View and export this data going back to . Start your Free Trial

What is Danieli & C. Officine Meccaniche SpA 10-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. Danieli & C. Officine Meccaniche SpA's 10-Year RORE % for the quarter that ended in Jun. 2023 was 4.55%.

The industry rank for Danieli & C. Officine Meccaniche SpA's 10-Year RORE % or its related term are showing as below:

DNIYY's 10-Year RORE % is ranked better than
51.26% of 1748 companies
in the Industrial Products industry
Industry Median: 7.95 vs DNIYY: 4.55

Danieli & C. Officine Meccaniche SpA 10-Year RORE % Historical Data

The historical data trend for Danieli & C. Officine Meccaniche SpA's 10-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.

Danieli & C. Officine Meccaniche SpA 10-Year RORE % Chart

Danieli & C. Officine Meccaniche SpA Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.89 -14.66 -13.15 1.86 4.55

Danieli & C. Officine Meccaniche SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
10-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 4.18 1.86 4.32 4.55 -

Competitive Comparison of Danieli & C. Officine Meccaniche SpA's 10-Year RORE %

For the Specialty Industrial Machinery subindustry, Danieli & C. Officine Meccaniche SpA's 10-Year RORE %, along with its competitors' market caps and 10-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.


Danieli & C. Officine Meccaniche SpA's 10-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Danieli & C. Officine Meccaniche SpA's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Danieli & C. Officine Meccaniche SpA's 10-Year RORE % falls into.



Danieli & C. Officine Meccaniche SpA 10-Year RORE % Calculation

Danieli & C. Officine Meccaniche SpA's 10-Year RORE % for the quarter that ended in Jun. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 3.937-2.736 )/( 18.495-2.06 )
=1.201/16.435
=7.31 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2023 and 10-year before.


Danieli & C. Officine Meccaniche SpA  (OTCPK:DNIYY) 10-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, 10-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.


Danieli & C. Officine Meccaniche SpA 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Danieli & C. Officine Meccaniche SpA's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Danieli & C. Officine Meccaniche SpA (Danieli & C. Officine Meccaniche SpA) Business Description

Traded in Other Exchanges
Address
Via Nazionale 41, Buttrio, Udine, ITA, 33042
Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.

Danieli & C. Officine Meccaniche SpA (Danieli & C. Officine Meccaniche SpA) Headlines

From GuruFocus

Francisco Garcia Parames Comments on Danieli

By Sydnee Gatewood Sydnee Gatewood 11-06-2020