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Athena Constructions (BOM:539099) 3-Year RORE % : 91.63% (As of Sep. 2024)


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What is Athena Constructions 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. Athena Constructions's 3-Year RORE % for the quarter that ended in Sep. 2024 was 91.63%.

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

BOM:539099's 3-Year RORE % is ranked better than
89.78% of 1604 companies
in the Construction industry
Industry Median: 4.465 vs BOM:539099: 91.63

Athena Constructions 3-Year RORE % Historical Data

The historical data trend for Athena Constructions'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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Athena Constructions 3-Year RORE % Chart

Athena Constructions 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 88.32 25.24 -600.00 180.77 -174.00

Athena Constructions Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 115.56 180.77 -92.68 -174.00 91.63

Competitive Comparison of Athena Constructions's 3-Year RORE %

For the Engineering & Construction subindustry, Athena Constructions'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.


Athena Constructions's 3-Year RORE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Athena Constructions's 3-Year RORE % distribution charts can be found below:

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



Athena Constructions 3-Year RORE % Calculation

Athena Constructions'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 )
=( -0.9--0.068 )/( -0.908-0 )
=-0.832/-0.908
=91.63 %

* 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.


Athena Constructions  (BOM:539099) 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.


Athena Constructions 3-Year RORE % Related Terms

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Athena Constructions Business Description

Traded in Other Exchanges
N/A
Address
Tejpal Road, Vile Parle (East), Office No. 203, A wing, Shyam Kamal CHS, Opposite Railway Station, Mumbai, MH, IND, 400 059
Athena Constructions Ltd is an Indian-based construction company. It is engaged in real estate project advisory, project marketing, maintenance of completed projects, engineering, industrial and technical consultancy, and construction and development of real estate properties. The company operates in a single segment: Engineering & Construction. All the business operations of the company are principally carried out in India.

Athena Constructions Headlines

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