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Radhika Jeweltech (BOM:540125) 3-Year RORE % : -18.57% (As of Dec. 2023)


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What is Radhika Jeweltech 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. Radhika Jeweltech's 3-Year RORE % for the quarter that ended in Dec. 2023 was -18.57%.

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

BOM:540125's 3-Year RORE % is ranked worse than
68.44% of 1036 companies
in the Retail - Cyclical industry
Industry Median: 3.895 vs BOM:540125: -18.57

Radhika Jeweltech 3-Year RORE % Historical Data

The historical data trend for Radhika Jeweltech'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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Radhika Jeweltech 3-Year RORE % Chart

Radhika Jeweltech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only - - -0.29 0.08 -6.80

Radhika Jeweltech Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -22.34 -6.80 -33.26 -22.39 -18.57

Competitive Comparison of Radhika Jeweltech's 3-Year RORE %

For the Luxury Goods subindustry, Radhika Jeweltech'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.


Radhika Jeweltech's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Radhika Jeweltech's 3-Year RORE % distribution charts can be found below:

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



Radhika Jeweltech 3-Year RORE % Calculation

Radhika Jeweltech's 3-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 3.686-5.834 )/( 11.968-0.4 )
=-2.148/11.568
=-18.57 %

* 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. 2023 and 3-year before.


Radhika Jeweltech  (BOM:540125) 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.


Radhika Jeweltech 3-Year RORE % Related Terms

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Radhika Jeweltech (BOM:540125) Business Description

Traded in Other Exchanges
Address
Kalawad Road, Oppsite Swaminarayan Temple Near Mahila College, Rajkot, GJ, IND, 360001
Radhika Jeweltech Ltd is a jewellery retailer. The company is engaged in trading for gold, silver, diamonds, and platinum ornaments. It generates maximum revenue from the sale of Gold Jewellery.

Radhika Jeweltech (BOM:540125) Headlines

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