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Sonal Adhesives (BOM:526901) 3-Year RORE % : -50.50% (As of Sep. 2024)


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What is Sonal Adhesives 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. Sonal Adhesives's 3-Year RORE % for the quarter that ended in Sep. 2024 was -50.50%.

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

BOM:526901's 3-Year RORE % is ranked worse than
76.73% of 1491 companies
in the Chemicals industry
Industry Median: -5.96 vs BOM:526901: -50.50

Sonal Adhesives 3-Year RORE % Historical Data

The historical data trend for Sonal Adhesives'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.

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Sonal Adhesives 3-Year RORE % Chart

Sonal Adhesives 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 -30.85 -5.19 249.02 42.87 -39.69

Sonal Adhesives Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 50.94 25.45 -39.69 -42.09 -50.50

Competitive Comparison of Sonal Adhesives's 3-Year RORE %

For the Specialty Chemicals subindustry, Sonal Adhesives'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.


Sonal Adhesives's 3-Year RORE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sonal Adhesives's 3-Year RORE % distribution charts can be found below:

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



Sonal Adhesives 3-Year RORE % Calculation

Sonal Adhesives'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 )
=( 2.53-12.65 )/( 20.04-0 )
=-10.12/20.04
=-50.50 %

* 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.


Sonal Adhesives  (BOM:526901) 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.


Sonal Adhesives 3-Year RORE % Related Terms

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Sonal Adhesives Business Description

Traded in Other Exchanges
N/A
Address
Takai Adoshi Road, Off. Khopoli-Pen Road, At PO Khopoli, Plot no. 28/1A, Village Dheku, Taluka Khalapur, District Raigad, Khopoli, MH, IND, 410203
Sonal Adhesives Ltd is an India-based manufacturer engaged in the manufacture of adhesive tapes, emulsion and plastic ropes. The Company operates in one operating segment viz, Packing Products. The Company's products are marketed under the brand name SONAL and ADICRYL. The company's products are exported globally including countries like Spain, Nigeria, Germany, the Middle East countries and the African continent.

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