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Vanadium Resources (ASX:VR8) 3-Year RORE % : 30.77% (As of Dec. 2023)


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What is Vanadium Resources 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. Vanadium Resources's 3-Year RORE % for the quarter that ended in Dec. 2023 was 30.77%.

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

ASX:VR8's 3-Year RORE % is ranked better than
82.24% of 2179 companies
in the Metals & Mining industry
Industry Median: -10.34 vs ASX:VR8: 30.77

Vanadium Resources 3-Year RORE % Historical Data

The historical data trend for Vanadium Resources'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.

Vanadium Resources 3-Year RORE % Chart

Vanadium Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year RORE %
Get a 7-Day Free Trial - -66.67 -30.77 40.00 -

Vanadium Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -30.77 - 40.00 30.77 -

Competitive Comparison of Vanadium Resources's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Vanadium Resources'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.


Vanadium Resources's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vanadium Resources's 3-Year RORE % distribution charts can be found below:

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



Vanadium Resources 3-Year RORE % Calculation

Vanadium Resources's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( -0.004--0.004 )/( -0.013-0 )
=0/-0.013
=0.00 %

* 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 Dec. 2023 and 3-year before.


Vanadium Resources  (ASX:VR8) 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.


Vanadium Resources 3-Year RORE % Related Terms

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Vanadium Resources Business Description

Traded in Other Exchanges
Address
63 Shepperton Road, Suite 7, Victoria Park, Perth, WA, AUS, 6100
Vanadium Resources Ltd Ltd is a junior exploration company. Principally, it is engaged in the business of acquisition, exploration, and development of mineral resources in the Pilbara region of Western Australia. The company holds an interest in the development of Quartz Bore project and Steelpoortdrift Vanadium Project. Geographically, it operates within two segments which are Australia and South Africa.

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