GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Emirates Insurance Co PSC (ADX:EIC) » Definitions » 10-Year RORE %

Emirates Insurance Co PSC (ADX:EIC) 10-Year RORE % : 23.62% (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Emirates Insurance Co PSC 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. Emirates Insurance Co PSC's 10-Year RORE % for the quarter that ended in Sep. 2023 was 23.62%.

The industry rank for Emirates Insurance Co PSC's 10-Year RORE % or its related term are showing as below:

ADX:EIC's 10-Year RORE % is ranked better than
82.83% of 367 companies
in the Insurance industry
Industry Median: 8.62 vs ADX:EIC: 23.62

Emirates Insurance Co PSC 10-Year RORE % Historical Data

The historical data trend for Emirates Insurance Co PSC'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.

Emirates Insurance Co PSC 10-Year RORE % Chart

Emirates Insurance Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.48 -18.43 -16.14

Emirates Insurance Co PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -26.15 -16.14 - 21.84 23.62

Competitive Comparison of Emirates Insurance Co PSC's 10-Year RORE %

For the Insurance - Diversified subindustry, Emirates Insurance Co PSC'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.


Emirates Insurance Co PSC's 10-Year RORE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Emirates Insurance Co PSC's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Emirates Insurance Co PSC's 10-Year RORE % falls into.



Emirates Insurance Co PSC 10-Year RORE % Calculation

Emirates Insurance Co PSC's 10-Year RORE % for the quarter that ended in Sep. 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 )
=( 0.73-0.504 )/( 6.339-5.382 )
=0.226/0.957
=23.62 %

* 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 Sep. 2023 and 10-year before.


Emirates Insurance Co PSC  (ADX:EIC) 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.


Emirates Insurance Co PSC 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Emirates Insurance Co PSC's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Emirates Insurance Co PSC (ADX:EIC) Business Description

Traded in Other Exchanges
N/A
Address
Emirates Insurance Co Building, Al Zahiya (Tourist Club Area), P.O.Box 3856, Abu Dhabi, ARE
Emirates Insurance Co PSC is an insurance company operating through two segments namely Underwriting of General Insurance Business and Investments. The Underwriting of general insurance business - incorporating all classes of general insurance such as fire, marine, motor, general accident, and miscellaneous. The Investments segments include activities of investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties, and other securities. The firm derives a majority of its revenue from the commission, dividend, and interest income.