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Noble Group (Noble Group) 3-Year RORE % : 0.00% (As of Sep. 2018)


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What is Noble 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. Noble Group's 3-Year RORE % for the quarter that ended in Sep. 2018 was 0.00%.

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

NOBGY's 3-Year RORE % is not ranked *
in the Conglomerates industry.
Industry Median: 4.42
* Ranked among companies with meaningful 3-Year RORE % only.

Noble Group 3-Year RORE % Historical Data

The historical data trend for Noble 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.

Noble Group 3-Year RORE % Chart

Noble Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
3-Year RORE %
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Noble Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Noble Group's 3-Year RORE %

For the Conglomerates subindustry, Noble 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.


Noble Group's 3-Year RORE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Noble Group's 3-Year RORE % distribution charts can be found below:

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



Noble Group 3-Year RORE % Calculation

Noble Group's 3-Year RORE % for the quarter that ended in Sep. 2018 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 )
=( -16.809--22.309 )/( -62.102-0 )
=5.5/-62.102
=-8.86 %

* 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 Sep. 2018 and 3-year before.


Noble Group  (OTCPK:NOBGY) 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.


Noble Group 3-Year RORE % Related Terms

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Noble Group (Noble Group) Business Description

Traded in Other Exchanges
N/A
Address
38 Gloucester Road, 18th Floor, Mass Mutual Tower, China Evergrande Centre, Hong Kong, HKG
Noble Group Ltd operates and manages supply chain focused on purchasing physical commodities and transforming these into customized products. The business consist of logistics and transportation, price risk management and hedging, commodity processing and blending, as well as structured and trade finance products. The company has two segments - namely, the Energy Segment, with combines the former Energy and Gas & Power segments and includes the Oil Liquids, Gas & Power and Energy Coal businesses; and the Metals, Minerals and Ores Segment, which combines the former Metals & Mining and Corporate segments and includes the Metals, Carbon Steel Materials and Logistics businesses.

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