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Edison Lithium (FRA:VV0) 3-Year RORE % : -47.87% (As of Jun. 2024)


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What is Edison Lithium 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. Edison Lithium's 3-Year RORE % for the quarter that ended in Jun. 2024 was -47.87%.

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

FRA:VV0's 3-Year RORE % is ranked worse than
79.8% of 2178 companies
in the Metals & Mining industry
Industry Median: -10.34 vs FRA:VV0: -47.87

Edison Lithium 3-Year RORE % Historical Data

The historical data trend for Edison Lithium'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.

* Premium members only.

Edison Lithium 3-Year RORE % Chart

Edison Lithium Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.96 -23.27 -66.33 38.71 35.51

Edison Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -14.54 -22.08 -62.30 -42.41 -47.87

Competitive Comparison of Edison Lithium's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Edison Lithium'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.


Edison Lithium's 3-Year RORE % Distribution in the Metals & Mining Industry

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

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



Edison Lithium 3-Year RORE % Calculation

Edison Lithium'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 )
=( -0.035--0.136 )/( -0.211-0 )
=0.101/-0.211
=-47.87 %

* 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.


Edison Lithium  (FRA:VV0) 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.


Edison Lithium 3-Year RORE % Related Terms

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Edison Lithium Business Description

Traded in Other Exchanges
Address
214 - 257 12th Street East, North Vancouver, BC, CAN, V7L 2J8
Edison Lithium Corp is a junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium and sodium-ion properties. Its properties include Salar de Antofalla, Salar de Pipanaco, Edison Mine, Shakt-Davis Mine, and Cobalt-Kittson Mine.

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