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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.
Nova Iron & Steel's 3-Year RORE % for the quarter that ended in Dec. 2025 was 288.09%.
The industry rank for Nova Iron & Steel's 3-Year RORE % or its related term are showing as below:
BOM:513566's 3-Year RORE % is ranked better than 95.51% of 602
companies
in the Steel industry
Industry Median: 2.555
vs BOM:513566: 288.09
Nova Iron & Steel (BOM:513566) 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.
Nova Iron & Steel 3-Year RORE % Related Terms
Nova Iron & Steel 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Nova Iron & Steel'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.
BOM:513566 vs NUE, STLD, RS: 3-Year RORE % Comparison
For the Steel subindustry, Nova Iron & Steel'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.
Nova Iron & Steel 3-Year RORE % vs Steel Industry
For the Steel industry and Basic Materials sector, Nova Iron & Steel's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Nova Iron & Steel's 3-Year RORE % falls into.
* 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. 2025 and 3-year before.
Nova Iron & Steel (BOM:513566) has a 3-Year RORE % of 288.09 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Nova Iron & Steel and its competitors. According to the industry distribution chart, Nova Iron & Steel ranks #27 out of 602 companies in the Steel industry, placing it in the top 4.5%.
Is Nova Iron & Steel's 3-Year RORE % too high?
Nova Iron & Steel's current 3-Year RORE % is 288.09. The Steel industry median 3-Year RORE % is 2.56. Nova Iron & Steel's value of 288.09 is 11175.5% above this industry median. Based on the distribution chart, Nova Iron & Steel ranks #27 out of 602 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Nova Iron & Steel has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nova Iron & Steel's 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Nova Iron & Steel ranks #27 out of 602 companies for 3-Year RORE %. This places Nova Iron & Steel in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 2.56. Nova Iron & Steel's value of 288.09 is 11175.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
The median 3-Year RORE % among Steel companies is 2.56, based on 602 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova Iron & Steel's current 3-Year RORE % of 288.09 is 11175.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Nova Iron & Steel and its competitors. For the Steel industry, the median 3-Year RORE % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Iron & Steel's current 3-Year RORE % is 288.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Nova Iron & Steel (BOM:513566) is currently considered Fairly Valued. The stock's GF Value™ is ₹12.97, compared to a current price of ₹11.90 — trading 8.2% below its estimated fair value. The current 3-Year RORE % is 288.09 and 11175.5% above the Steel industry median of 2.56. Nova Iron & Steel's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Nova Iron & Steel (BOM:513566), the current 3-Year RORE % is 288.09 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nova Iron & Steel (BOM:513566) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Iron & Steel stock appears to be undervalued.
The current stock price of ₹11.90 is trading 8.2% below its estimated GF Value™ of ₹12.97.
GuruFocus considers Nova Iron & Steel to be Fairly Valued.
Key valuation signals for BOM:513566:
3-Year RORE %: 288.09
GF Value™: ₹12.97 vs. price of ₹11.90 (8.2% below fair value)
Industry Position: 11175.5% above the Steel median (#27 of 602)
No single metric tells the full story. See the BOM:513566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Iron & Steel Ltd is an Indian company engaged in the business of manufacturing and trading iron, steel, metals, securities, and natural resources.
53GF Score
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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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