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Commex Technology (BOM:532342) 3-Year RORE % : 0.00% (As of Dec. 2020)


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What is Commex Technology 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. Commex Technology's 3-Year RORE % for the quarter that ended in Dec. 2020 was 0.00%.

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

BOM:532342's 3-Year RORE % is not ranked *
in the Software industry.
Industry Median: 2
* Ranked among companies with meaningful 3-Year RORE % only.

Commex Technology 3-Year RORE % Historical Data

The historical data trend for Commex Technology'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.

Commex Technology 3-Year RORE % Chart

Commex Technology Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
3-Year RORE %
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Commex Technology Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Competitive Comparison of Commex Technology's 3-Year RORE %

For the Software - Infrastructure subindustry, Commex Technology'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.


Commex Technology's 3-Year RORE % Distribution in the Software Industry

For the Software industry and Technology sector, Commex Technology's 3-Year RORE % distribution charts can be found below:

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



Commex Technology 3-Year RORE % Calculation

Commex Technology's 3-Year RORE % for the quarter that ended in Dec. 2020 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 )
=( -0.05--3.43 )/( -3.5-0 )
=3.38/-3.5
=-96.57 %

* 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. 2020 and 3-year before.


Commex Technology  (BOM:532342) 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.


Commex Technology 3-Year RORE % Related Terms

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Commex Technology (BOM:532342) Business Description

Traded in Other Exchanges
N/A
Address
Old Nagardas Road, B-401, Unit No.- 42, 4th Floor, Vasudev Chamber, Opposite Wilson Pen Company, Andheri (East), Mumbai, MH, IND, 400069
Commex Technology Ltd is a technology and consulting service provider. The company is primarily engaged in the provision of software products and solutions to the capital and commodities markets. In addition, the company provides IT consulting services and solutions. Its services include custom application development, application management, package implementation, onsite consultancy, offshore outsourcing and information technology consulting.

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