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.
Chicago Rivet & Machine Co's 3-Year RORE % for the quarter that ended in Dec. 2023 was 201.06%.
The industry rank for Chicago Rivet & Machine Co's 3-Year RORE % or its related term are showing as below:
CVR's 3-Year RORE % is ranked better than 95.9% of 2806
companies
in the Industrial Products industry
Industry Median: 6.08
vs CVR: 201.06
Chicago Rivet & Machine Co 3-Year RORE % Historical Data
* 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.
Competitive Comparison of Chicago Rivet & Machine Co's 3-Year RORE %
For the Tools & Accessories subindustry, Chicago Rivet & Machine Co'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.
Chicago Rivet & Machine Co's 3-Year RORE % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Chicago Rivet & Machine Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Chicago Rivet & Machine Co's 3-Year RORE % falls into.
Chicago Rivet & Machine Co 3-Year RORE % Calculation
* 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.
Chicago Rivet & Machine Co (AMEX:CVR) 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.
Chicago Rivet & Machine Co 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Chicago Rivet & Machine Co's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Chicago Rivet & Machine Co (Chicago Rivet & Machine Co) Business Description
Chicago Rivet & Machine Co is in the fastener industry in North America. The company operates in two segments namely fasteners and assembly equipment. Its fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners, parts, and screw machine products. The assembly equipment segment consists mainly of the manufacture of automatic rivet setting machines, automatic assembly equipment, and parts and tools for such machines. The majority of revenue is from the fastener segment. Geographically, the majority is from the United States.
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