GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Black Diamond Group Ltd (OTCPK:BDIMF) » Definitions » 3-Year RORE %

Black Diamond Group (Black Diamond Group) 3-Year RORE % : 10.31% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Black Diamond Group 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. Black Diamond Group's 3-Year RORE % for the quarter that ended in Dec. 2023 was 10.31%.

The industry rank for Black Diamond Group's 3-Year RORE % or its related term are showing as below:

BDIMF's 3-Year RORE % is ranked better than
55.69% of 966 companies
in the Business Services industry
Industry Median: 7.85 vs BDIMF: 10.31

Black Diamond Group 3-Year RORE % Historical Data

The historical data trend for Black Diamond Group'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.

Black Diamond Group 3-Year RORE % Chart

Black Diamond Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.89 -35.56 350.00 75.65 10.31

Black Diamond Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.65 62.08 54.92 38.61 10.31

Competitive Comparison of Black Diamond Group's 3-Year RORE %

For the Rental & Leasing Services subindustry, Black Diamond Group'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.


Black Diamond Group's 3-Year RORE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Black Diamond Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Black Diamond Group's 3-Year RORE % falls into.



Black Diamond Group 3-Year RORE % Calculation

Black Diamond Group'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 )
=( 0.363-0.276 )/( 0.971-0.127 )
=0.087/0.844
=10.31 %

* 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 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.


Black Diamond Group  (OTCPK:BDIMF) 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.


Black Diamond Group 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Black Diamond Group's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Black Diamond Group (Black Diamond Group) Business Description

Traded in Other Exchanges
Address
440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.

Black Diamond Group (Black Diamond Group) Headlines