Royal Gold (FRA:RG3) 3-Year RORE % : 36.03% (As of Mar. 2026)


FRA:RG3 Royal Gold Inc FRA:RG3
91 GF Score
Price €173.05
GF Value €239.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Royal Gold 3-Year RORE %?

Royal Gold FRA:RG3 -0.35% 91 3-Year RORE % is 36.03 as of Mar. 2026. GuruFocus rates FRA:RG3 with a GF Score™ of 91/100 and a GF Value™ of €239.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,153 Metals & Mining companies, Royal Gold ranks better than 76.54% on this metric.

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. Royal Gold's 3-Year RORE % for the quarter that ended in Mar. 2026 was 36.03%.

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

FRA:RG3's 3-Year RORE % is ranked better than
76.54% of 2153 companies
in the Metals & Mining industry
Industry Median: -0.05 vs FRA:RG3: 36.03

Royal Gold  (FRA:RG3) 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.


Royal Gold 3-Year RORE % Related Terms


Royal Gold 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Royal Gold'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.

Royal Gold 3-Year RORE % Chart

Royal Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.44 1.62 -2.41 17.06 27.30

Royal Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 27.73 34.17 34.35 27.30 36.03

FRA:RG3 vs CDE, AUGO, HYMC: 3-Year RORE % Comparison

For the Gold subindustry, Royal Gold'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.


Royal Gold 3-Year RORE % vs Metals & Mining Industry

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

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


FRA:RG3
91GF Score
Royal Gold Inc FRA:RG3
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Gold 3-Year RORE % Calculation

Royal Gold's 3-Year RORE % for the quarter that ended in Mar. 2026 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 )
=( 7.224-3.131 )/( 15.961-4.6 )
=4.093/11.361
=36.03 %

* 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. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 36.03 mean?
Royal Gold (FRA:RG3) has a 3-Year RORE % of 36.03 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Royal Gold and its competitors. According to the industry distribution chart, Royal Gold ranks #505 out of 2153 companies in the Metals & Mining industry, placing it in the top 23.5%.
Is Royal Gold's 3-Year RORE % too high?
Royal Gold's current 3-Year RORE % is 36.03. Based on the distribution chart, Royal Gold ranks #505 out of 2153 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Royal Gold has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's 3-Year RORE % compare to CDE and AUGO?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #505 out of 2153 companies for 3-Year RORE %. This places Royal Gold in the top 24% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good 3-Year RORE % depends on the Metals & Mining industry context. 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 Royal Gold and its competitors. Royal Gold's current 3-Year RORE % is 36.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Based on GuruFocus' analysis, Royal Gold (FRA:RG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €239.57, compared to a current price of €173.05 — trading 27.8% below its estimated fair value. The current 3-Year RORE % is 36.03. Royal Gold's overall GF Score™ is 91/100 with 2 warning signs to review. 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 Royal Gold (FRA:RG3), the current 3-Year RORE % is 36.03 as of Mar. 2026. 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.

Is Royal Gold (FRA:RG3) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued. The current stock price of €173.05 is trading 27.8% below its estimated GF Value™ of €239.57. GuruFocus considers Royal Gold to be Modestly Undervalued.

Key valuation signals for FRA:RG3:

  • 3-Year RORE %: 36.03
  • GF Value™: €239.57 vs. price of €173.05 (27.8% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the FRA:RG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Gold Business Description

Address 1144 15th Street, Suite 2500, Denver, CO, USA, 80202
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
91GF Score

Get the complete analysis for FRA:RG3

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€173.05
Price
€239.57
GF Value