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Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) 3-Year RORE % : 900.00% (As of Sep. 2023)


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What is Ras Al Khaimah Co for White Cementnstruction Materials 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. Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE % for the quarter that ended in Sep. 2023 was 900.00%.

The industry rank for Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE % or its related term are showing as below:

ADX:RAKWCT's 3-Year RORE % is ranked better than
98.9% of 362 companies
in the Building Materials industry
Industry Median: 5.795 vs ADX:RAKWCT: 900.00

Ras Al Khaimah Co for White Cementnstruction Materials 3-Year RORE % Historical Data

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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.

* Premium members only.

Ras Al Khaimah Co for White Cementnstruction Materials 3-Year RORE % Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -200.00 52.63 50.00 52.50 -64.29

Ras Al Khaimah Co for White Cementnstruction Materials Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
3-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 -235.00 -64.29 1,433.33 975.00 900.00

Competitive Comparison of Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE %

For the Building Materials subindustry, Ras Al Khaimah Co for White Cementnstruction Materials'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.


Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE % falls into.



Ras Al Khaimah Co for White Cementnstruction Materials 3-Year RORE % Calculation

Ras Al Khaimah Co for White Cementnstruction Materials's 3-Year RORE % for the quarter that ended in Sep. 2023 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 )
=( 0.03-0.057 )/( 0.147-0.15 )
=-0.027/-0.003
=900.00 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2023 and 3-year before.


Ras Al Khaimah Co for White Cementnstruction Materials  (ADX:RAKWCT) 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.


Ras Al Khaimah Co for White Cementnstruction Materials 3-Year RORE % Related Terms

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Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1492, Ras Al Khaimah, ARE
Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment refers to the manufacture and distribution of white cement. The investment segment consists of investments in marketable equity securities and deposits with banks.

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Headlines

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