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Stamford Tyres (SGX:S29) 10-Year RORE % : 158.33% (As of Apr. 2024)


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What is Stamford Tyres 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. Stamford Tyres's 10-Year RORE % for the quarter that ended in Apr. 2024 was 158.33%.

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

SGX:S29's 10-Year RORE % is ranked better than
96.66% of 838 companies
in the Vehicles & Parts industry
Industry Median: 5.33 vs SGX:S29: 158.33

Stamford Tyres 10-Year RORE % Historical Data

The historical data trend for Stamford Tyres'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.

Stamford Tyres 10-Year RORE % Chart

Stamford Tyres Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.68 -37.80 -55.93 -85.71 158.33

Stamford Tyres Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 -55.93 -63.46 -85.71 -76.92 158.33

Competitive Comparison of Stamford Tyres's 10-Year RORE %

For the Auto Parts subindustry, Stamford Tyres'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.


Stamford Tyres's 10-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's 10-Year RORE % distribution charts can be found below:

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



Stamford Tyres 10-Year RORE % Calculation

Stamford Tyres's 10-Year RORE % for the quarter that ended in Apr. 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 )
=( 0.026-0.007 )/( 0.13-0.118 )
=0.019/0.012
=158.33 %

* 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 Apr. 2024 and 10-year before.


Stamford Tyres  (SGX:S29) 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.


Stamford Tyres 10-Year RORE % Related Terms

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Stamford Tyres Business Description

Traded in Other Exchanges
N/A
Address
19 Lok Yang Way, Jurong, Singapore, SGP, 628635
Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.

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