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Gallantt Ispat (BOM:532726) 10-Year RORE % : 8.50% (As of Sep. 2024)


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What is Gallantt Ispat 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. Gallantt Ispat's 10-Year RORE % for the quarter that ended in Sep. 2024 was 8.50%.

The industry rank for Gallantt Ispat's 10-Year RORE % or its related term are showing as below:

BOM:532726's 10-Year RORE % is ranked better than
54.95% of 475 companies
in the Steel industry
Industry Median: 6.1 vs BOM:532726: 8.50

Gallantt Ispat 10-Year RORE % Historical Data

The historical data trend for Gallantt Ispat'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.

Gallantt Ispat 10-Year RORE % Chart

Gallantt Ispat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.49 5.50

Gallantt Ispat Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.62 5.32 5.50 8.91 8.50

Competitive Comparison of Gallantt Ispat's 10-Year RORE %

For the Steel subindustry, Gallantt Ispat'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.


Gallantt Ispat's 10-Year RORE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gallantt Ispat's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Gallantt Ispat's 10-Year RORE % falls into.



Gallantt Ispat 10-Year RORE % Calculation

Gallantt Ispat's 10-Year RORE % for the quarter that ended in Sep. 2024 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 )
=( 13.18-4.87 )/( 99.295-1.5 )
=8.31/97.795
=8.50 %

* 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. 2024 and 10-year before.


Gallantt Ispat  (BOM:532726) 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.


Gallantt Ispat 10-Year RORE % Related Terms

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Gallantt Ispat Business Description

Traded in Other Exchanges
Address
Sahjanwa, Gorakhpur Industrial Development Authority (GIDA), Gorakhpur, UP, IND, 273209
Gallantt Ispat Ltd is engaged in the manufacturing of Steel and Steel Products. Its product portfolio includes various iron and steel products such as sponge iron, billets, and TMT bars which find applications in sectors such as infrastructure, construction, and manufacturing. It is also engaged in the business of power generation. The company is predominantly engaged in a single reporting segment of Iron and Steel.

Gallantt Ispat Headlines

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