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Metro Performance Glass (ASX:MPP) 3-Year RORE % : 52.51% (As of Sep. 2024)


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What is Metro Performance Glass 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. Metro Performance Glass's 3-Year RORE % for the quarter that ended in Sep. 2024 was 52.51%.

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

ASX:MPP's 3-Year RORE % is ranked better than
80.97% of 1613 companies
in the Construction industry
Industry Median: 5.59 vs ASX:MPP: 52.51

Metro Performance Glass 3-Year RORE % Historical Data

The historical data trend for Metro Performance Glass'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.

Metro Performance Glass 3-Year RORE % Chart

Metro Performance Glass Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only 116.43 -4.94 -110.54 800.00 70.31

Metro Performance Glass Semi-Annual Data
Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -101.23 800.00 113.54 70.31 52.51

Competitive Comparison of Metro Performance Glass's 3-Year RORE %

For the Building Products & Equipment subindustry, Metro Performance Glass'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.


Metro Performance Glass's 3-Year RORE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metro Performance Glass's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Metro Performance Glass's 3-Year RORE % falls into.



Metro Performance Glass 3-Year RORE % Calculation

Metro Performance Glass's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( -0.116--0.001 )/( -0.219-0 )
=-0.115/-0.219
=52.51 %

* 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. 2024 and 3-year before.


Metro Performance Glass  (ASX:MPP) 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.


Metro Performance Glass 3-Year RORE % Related Terms

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Metro Performance Glass Business Description

Traded in Other Exchanges
Address
5 Lady Fisher Place, East Tamaki, Auckland, NZL, 2013
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.

Metro Performance Glass Headlines

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