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Maksons Spinning Mills (DHA:MAKSONSPIN) 3-Year RORE % : 75.93% (As of Jun. 2024)


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What is Maksons Spinning Mills 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. Maksons Spinning Mills's 3-Year RORE % for the quarter that ended in Jun. 2024 was 75.93%.

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

DHA:MAKSONSPIN's 3-Year RORE % is ranked better than
86.79% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: -0.545 vs DHA:MAKSONSPIN: 75.93

Maksons Spinning Mills 3-Year RORE % Historical Data

The historical data trend for Maksons Spinning Mills'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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Maksons Spinning Mills 3-Year RORE % Chart

Maksons Spinning Mills Annual Data
Trend Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.91 212.42 107.57 290.61 75.93

Maksons Spinning Mills 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 290.61 260.02 230.79 170.39 75.93

Competitive Comparison of Maksons Spinning Mills's 3-Year RORE %

For the Textile Manufacturing subindustry, Maksons Spinning Mills'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.


Maksons Spinning Mills's 3-Year RORE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maksons Spinning Mills's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Maksons Spinning Mills's 3-Year RORE % falls into.


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Maksons Spinning Mills 3-Year RORE % Calculation

Maksons Spinning Mills'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 )
=( -3.694-2.1 )/( -5.531-2.1 )
=-5.794/-7.631
=75.93 %

* 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.


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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.


Maksons Spinning Mills 3-Year RORE % Related Terms

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Maksons Spinning Mills Business Description

Traded in Other Exchanges
N/A
Address
House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills PLC is a Bangladesh-based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.

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