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Meridian Mining UK Societas (FRA:N2E) 3-Year RORE % : -40.33% (As of Sep. 2024)


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What is Meridian Mining UK Societas 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. Meridian Mining UK Societas's 3-Year RORE % for the quarter that ended in Sep. 2024 was -40.33%.

The industry rank for Meridian Mining UK Societas's 3-Year RORE % or its related term are showing as below:

FRA:N2E's 3-Year RORE % is ranked worse than
72.97% of 2179 companies
in the Metals & Mining industry
Industry Median: -10.34 vs FRA:N2E: -40.33

Meridian Mining UK Societas 3-Year RORE % Historical Data

The historical data trend for Meridian Mining UK Societas'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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Meridian Mining UK Societas 3-Year RORE % Chart

Meridian Mining UK Societas Annual Data
Trend Jan14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 -4.33 38.07 -11.75 -69.39

Meridian Mining UK Societas Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -40.85 -69.39 -57.50 -51.12 -40.33

Competitive Comparison of Meridian Mining UK Societas's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Meridian Mining UK Societas'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.


Meridian Mining UK Societas's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Meridian Mining UK Societas's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Meridian Mining UK Societas's 3-Year RORE % falls into.



Meridian Mining UK Societas 3-Year RORE % Calculation

Meridian Mining UK Societas's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( -0.036--0.109 )/( -0.181-0 )
=0.073/-0.181
=-40.33 %

* 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 Sep. 2024 and 3-year before.


Meridian Mining UK Societas  (FRA:N2E) 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.


Meridian Mining UK Societas 3-Year RORE % Related Terms

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Meridian Mining UK Societas Business Description

Traded in Other Exchanges
Address
4 More London Riverside, 8th Floor, London, GBR, SE1 2AU
Meridian Mining UK Societas is engaged in the exploration and development of mineral deposits in Brazil through its subsidiaries, Jaburi and Rio Cabacal. The Company is currently focused on resource development of the Cabacal Project, the regional scale exploration of the Cabacal VMS belt and the exploration in the Jauru & Araputanga Greenstone belts, all located in the state of Mato Grosso. The Company operates in one operating segment, being the acquisition, exploration and development of exploration and mineral properties in Brazil.

Meridian Mining UK Societas Headlines

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