GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Carborundum Universal Ltd (BOM:513375) » Definitions » 3-Year RORE %

Carborundum Universal (BOM:513375) 3-Year RORE % : 6.51% (As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Carborundum Universal 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. Carborundum Universal's 3-Year RORE % for the quarter that ended in Dec. 2024 was 6.51%.

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

BOM:513375's 3-Year RORE % is ranked better than
53.52% of 540 companies
in the Conglomerates industry
Industry Median: 2.455 vs BOM:513375: 6.51

Carborundum Universal 3-Year RORE % Historical Data

The historical data trend for Carborundum Universal'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.

Carborundum Universal 3-Year RORE % Chart

Carborundum Universal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.79 5.59 8.21 14.59 12.53

Carborundum Universal Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.79 12.53 11.93 14.08 6.51

Competitive Comparison of Carborundum Universal's 3-Year RORE %

For the Conglomerates subindustry, Carborundum Universal'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.


Carborundum Universal's 3-Year RORE % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Carborundum Universal's 3-Year RORE % distribution charts can be found below:

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


;
;

Carborundum Universal 3-Year RORE % Calculation

Carborundum Universal's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 20.9-17.53 )/( 62.75-11 )
=3.37/51.75
=6.51 %

* 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 Dec. 2024 and 3-year before.


Carborundum Universal  (BOM:513375) 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.


Carborundum Universal 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Carborundum Universal's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Carborundum Universal Business Description

Traded in Other Exchanges
Address
43 Moore Street, Parry House, Chennai, TN, IND, 600001
Carborundum Universal Ltd is an investment holding company. Along with its subsidiaries, it mainly provides solutions predominantly for industrial manufacturing needs by developing, manufacturing, and marketing products using the properties of materials known as electrominerals. The company's reportable business segments are; Surface engineering (material removal, cutting, polishing) known as Abrasives; Ceramics; Electrominerals; Power; IT services; and others. Maximum revenue is derived from the Abrasives segment which is comprised of bonded, coated, processed cloth, polymers, power tools, and coolants. The company generates maximum revenue through exports and the rest from its business in India.

Carborundum Universal Headlines

No Headlines