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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) 3-Year RORE % : -16.67% (As of Mar. 2024)


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What is Dubai National Insurance & Reinsurance PSC 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. Dubai National Insurance & Reinsurance PSC's 3-Year RORE % for the quarter that ended in Mar. 2024 was -16.67%.

The industry rank for Dubai National Insurance & Reinsurance PSC's 3-Year RORE % or its related term are showing as below:

DFM:DNIR's 3-Year RORE % is ranked worse than
67.02% of 467 companies
in the Insurance industry
Industry Median: 4.42 vs DFM:DNIR: -16.67

Dubai National Insurance & Reinsurance PSC 3-Year RORE % Historical Data

The historical data trend for Dubai National Insurance & Reinsurance PSC'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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Dubai National Insurance & Reinsurance PSC 3-Year RORE % Chart

Dubai National Insurance & Reinsurance PSC 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 80.00 25.00 - -21.95 -16.67

Dubai National Insurance & Reinsurance PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -18.57 -19.30 -9.26 -16.67 -

Competitive Comparison of Dubai National Insurance & Reinsurance PSC's 3-Year RORE %

For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC'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.


Dubai National Insurance & Reinsurance PSC's 3-Year RORE % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai National Insurance & Reinsurance PSC's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Dubai National Insurance & Reinsurance PSC's 3-Year RORE % falls into.



Dubai National Insurance & Reinsurance PSC 3-Year RORE % Calculation

Dubai National Insurance & Reinsurance PSC'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 )
=( 0.46-0.51 )/( 1.3-0.4 )
=-0.05/0.9
=-5.56 %

* 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.


Dubai National Insurance & Reinsurance PSC  (DFM:DNIR) 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.


Dubai National Insurance & Reinsurance PSC 3-Year RORE % Related Terms

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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Traded in Other Exchanges
N/A
Address
Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

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