CRTG (The Coretec Group) 3-Year RORE % : 0.00% (As of Jun. 2024)

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What is The Coretec Group 3-Year RORE %?

The Coretec Group CRTG 3-Year RORE % is 0.00 as of Jun. 2024.

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. The Coretec Group's 3-Year RORE % for the quarter that ended in Jun. 2024 was 0.00%.

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

CRTG's 3-Year RORE % is not ranked *
in the Hardware industry.
Industry Median: 5.35
* Ranked among companies with meaningful 3-Year RORE % only.

The Coretec Group  (OTCPK:CRTG) 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.


The Coretec Group 3-Year RORE % Related Terms


The Coretec Group 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for The Coretec Group'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.

The Coretec Group 3-Year RORE % Chart

The Coretec Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.51 -12.24 1.67 4.35 -36.96

The Coretec Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -17.39 -36.96 -36.96 -39.13 -27.78

CRTG vs ITOX, ANET, DELL: 3-Year RORE % Comparison

For the Computer Hardware subindustry, The Coretec Group'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.


The Coretec Group 3-Year RORE % vs Hardware Industry

For the Hardware industry and Technology sector, The Coretec Group's 3-Year RORE % distribution charts can be found below:

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



The Coretec Group 3-Year RORE % Calculation

The Coretec Group's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( -0.008--0.018 )/( -0.036-0 )
=0.01/-0.036
=-27.78 %

* 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 Jun. 2024 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 0.00 mean?
The Coretec Group (CRTG) has a 3-Year RORE % of 0.00 as of Jun. 2024. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on The Coretec Group and its competitors.
Is The Coretec Group's 3-Year RORE % too high?
The Coretec Group's current 3-Year RORE % is 0.00.
How does The Coretec Group's 3-Year RORE % compare to ITOX and ANET?
The Coretec Group's 3-Year RORE % of 0.00 can be compared against companies in the Hardware industry. The industry median 3-Year RORE % is 5.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Hardware company?
The median 3-Year RORE % among Hardware companies is 5.35, based on 2,384 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on The Coretec Group and its competitors. For the Hardware industry, the median 3-Year RORE % is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Coretec Group's current 3-Year RORE % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Coretec Group stock overvalued right now?
The Coretec Group (CRTG) has a current 3-Year RORE % of 0.00. The current 3-Year RORE % is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For The Coretec Group (CRTG), the current 3-Year RORE % is 0.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Coretec Group Business Description

Address 333 Jackson Plaza, Suite 460, Ann Arbor, MI, USA, 48103
The Coretec Group Inc is a technology company. The company is currently developing, testing, and providing new and improved technologies, products, and service solutions for energy-related industries, including oil/gas, renewable energy, and distributed energy industries. Many of these technologies and products also have applications for medical, electronic, photonic, display, and lighting markets. The company's product portfolio includes Endurion, Coretec HexaSilane, CSpace, and other Technologies which are based on the production of silicon products.