ABTS (Abits Group) 3-Year RORE % : 16.89% (As of Jun. 2024)

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What is Abits 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. Abits Group's 3-Year RORE % for the quarter that ended in Jun. 2024 was 16.89%.

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

ABTS's 3-Year RORE % is ranked better than
59.05% of 757 companies
in the Capital Markets industry
Industry Median: 5.88 vs ABTS: 16.89

Abits Group 3-Year RORE % Historical Data

The historical data trend for Abits 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.

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Abits Group 3-Year RORE % Chart

Abits Group Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

3-Year RORE %

19.02

Abits Group Semi-Annual Data
	Sep19	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
3-Year RORE %	Get a 7-Day Free Trial				-	-	-	19.02	16.89

Competitive Comparison of Abits Group's 3-Year RORE %

For the Capital Markets subindustry, Abits 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.

Abits Group's 3-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's 3-Year RORE % distribution charts can be found below:

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

Abits Group 3-Year RORE % Calculation

Abits Group's 3-Year RORE % for the quarter that ended in Jun. 2024 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 )
	=	( -0.259	-	-0.083 )	/	( -1.042	-	0 )
	=	-0.176	/	-1.042
	=	16.89 %

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2024 and 3-year before.

Abits Group (NAS:ABTS) 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.

Abits Group 3-Year RORE % Related Terms

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