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Canaf Investments (TSXV:CAF) 10-Year RORE % : 23.50% (As of Jul. 2024)


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What is Canaf Investments 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. Canaf Investments's 10-Year RORE % for the quarter that ended in Jul. 2024 was 23.50%.

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

TSXV:CAF's 10-Year RORE % is ranked better than
74.74% of 475 companies
in the Steel industry
Industry Median: 6.1 vs TSXV:CAF: 23.50

Canaf Investments 10-Year RORE % Historical Data

The historical data trend for Canaf Investments'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.

Canaf Investments 10-Year RORE % Chart

Canaf Investments Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 11.25 - 9.40 28.10

Canaf Investments Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 13.70 28.10 26.38 22.49 23.50

Competitive Comparison of Canaf Investments's 10-Year RORE %

For the Coking Coal subindustry, Canaf Investments'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.


Canaf Investments's 10-Year RORE % Distribution in the Steel Industry

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

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



Canaf Investments 10-Year RORE % Calculation

Canaf Investments's 10-Year RORE % for the quarter that ended in Jul. 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 )
=( 0.05-0.007 )/( 0.183-0 )
=0.043/0.183
=23.50 %

* 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 Jul. 2024 and 10-year before.


Canaf Investments  (TSXV:CAF) 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.


Canaf Investments 10-Year RORE % Related Terms

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Canaf Investments Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments are head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
Executives
Christopher Robert Way Director, Senior Officer
Monita Faris Director