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AB Ignitis Grupe (FRA:IGV0) 3-Year RORE % : 21.10% (As of Mar. 2024)


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What is AB Ignitis Grupe 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. AB Ignitis Grupe's 3-Year RORE % for the quarter that ended in Mar. 2024 was 21.10%.

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

FRA:IGV0's 3-Year RORE % is ranked better than
66.94% of 490 companies
in the Utilities - Regulated industry
Industry Median: 6.16 vs FRA:IGV0: 21.10

AB Ignitis Grupe 3-Year RORE % Historical Data

The historical data trend for AB Ignitis Grupe'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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AB Ignitis Grupe 3-Year RORE % Chart

AB Ignitis Grupe Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - 43.54 22.19 25.86

AB Ignitis Grupe Quarterly Data
Dec18 Jun19 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 27.46 29.52 25.95 25.86 21.10

Competitive Comparison of AB Ignitis Grupe's 3-Year RORE %

For the Utilities - Diversified subindustry, AB Ignitis Grupe'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.


AB Ignitis Grupe's 3-Year RORE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AB Ignitis Grupe's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where AB Ignitis Grupe's 3-Year RORE % falls into.



AB Ignitis Grupe 3-Year RORE % Calculation

AB Ignitis Grupe'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 )
=( 4.3-2.23 )/( 11.7-1.891 )
=2.07/9.809
=21.10 %

* 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.


AB Ignitis Grupe  (FRA:IGV0) 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.


AB Ignitis Grupe 3-Year RORE % Related Terms

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AB Ignitis Grupe (FRA:IGV0) Business Description

Traded in Other Exchanges
Address
Laisves Avenue 10, Vilnius, LTU, LT-04215
AB Ignitis Grupe is a utility and renewable energy company in the Baltic region. The group's core business is focused on operating electricity and gas distribution networks. It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, construction of solar power plants for businesses and residents, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Flexible Generation segment. The vast majority of the revenue comes from the Customers & Solutions and Network segments.

AB Ignitis Grupe (FRA:IGV0) Headlines

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