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Garuda Construction and Engineering (BOM:544271) 3-Year RORE % : 18.38% (As of Mar. 2024)


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What is Garuda Construction and Engineering 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. Garuda Construction and Engineering's 3-Year RORE % for the quarter that ended in Mar. 2024 was 18.38%.

The industry rank for Garuda Construction and Engineering's 3-Year RORE % or its related term are showing as below:

BOM:544271's 3-Year RORE % is ranked better than
63.29% of 1610 companies
in the Construction industry
Industry Median: 4.045 vs BOM:544271: 18.38

Garuda Construction and Engineering 3-Year RORE % Historical Data

The historical data trend for Garuda Construction and Engineering'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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Garuda Construction and Engineering 3-Year RORE % Chart

Garuda Construction and Engineering Annual Data
Trend Mar22 Mar23 Mar24
3-Year RORE %
- - 18.38

Garuda Construction and Engineering Semi-Annual Data
Mar22 Mar23 Mar24
3-Year RORE % - - 18.38

Competitive Comparison of Garuda Construction and Engineering's 3-Year RORE %

For the Engineering & Construction subindustry, Garuda Construction and Engineering'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.


Garuda Construction and Engineering's 3-Year RORE % Distribution in the Construction Industry

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

* The bar in red indicates where Garuda Construction and Engineering's 3-Year RORE % falls into.



Garuda Construction and Engineering 3-Year RORE % Calculation

Garuda Construction and Engineering's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( 3.916-2.019 )/( 10.32-0 )
=1.897/10.32
=18.38 %

* 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 Mar. 2024 and 3-year before.


Garuda Construction and Engineering  (BOM:544271) 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.


Garuda Construction and Engineering 3-Year RORE % Related Terms

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Garuda Construction and Engineering Business Description

Traded in Other Exchanges
Address
C -3 Block, 201, A Wing, Fortune 2000, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051
Garuda Construction and Engineering Ltd is a civil construction company. It provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects and additional services for infrastructure and also hospitality projects, Wherein, civil construction includes the construction of residential, hospitality, industrial, infrastructural and commercial buildings, construction of concrete building structures and composite steel structures which are required for the civil construction. Its end-to-end civil construction starts with a detailed route survey, designing, detailed engineering, mobilization of resources, micro scheduling of construction activities, obtaining construction permissions and conducting soil/water testing.

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