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.
Acerinox's 3-Year RORE % for the quarter that ended in Mar. 2026 was -35.13%.
The industry rank for Acerinox's 3-Year RORE % or its related term are showing as below:
HAM:ACE1's 3-Year RORE % is ranked better than 72.67% of 600
companies
in the Steel industry
Industry Median: -0.51
vs HAM:ACE1: -35.13
Acerinox (HAM:ACE1) 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.
Acerinox 3-Year RORE % Related Terms
Acerinox 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Acerinox'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.
HAM:ACE1 vs NUE, STLD, RS: 3-Year RORE % Comparison
For the Steel subindustry, Acerinox'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.
Acerinox 3-Year RORE % vs Steel Industry
For the Steel industry and Basic Materials sector, Acerinox's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Acerinox's 3-Year RORE % falls into.
* 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.
Acerinox (HAM:ACE1) has a 3-Year RORE % of -35.13 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 Acerinox and its competitors. According to the industry distribution chart, Acerinox ranks #164 out of 600 companies in the Steel industry, placing it in the top 27.3%.
Is Acerinox's 3-Year RORE % too high?
Acerinox's current 3-Year RORE % is -35.13. Based on the distribution chart, Acerinox ranks #164 out of 600 companies in the Steel industry, which is above the industry midpoint. Overall, Acerinox has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Acerinox's 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Acerinox ranks #164 out of 600 companies for 3-Year RORE %. This puts Acerinox in the upper half of its industry. 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 Steel company?
A good 3-Year RORE % depends on the Steel 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 Acerinox and its competitors. Acerinox's current 3-Year RORE % is -35.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Acerinox (HAM:ACE1) has a current 3-Year RORE % of -35.13. The stock's GF Value™ is €10.29, compared to a current price of €15.50 — trading 50.6% above its estimated fair value. The current 3-Year RORE % is -35.13. Acerinox's overall GF Score™ is 75/100 with 8 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 Acerinox (HAM:ACE1), the current 3-Year RORE % is -35.13 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 Acerinox (HAM:ACE1) Overvalued in 2026?
Based on GuruFocus' analysis, Acerinox stock appears to be overvalued.
The current stock price of €15.50 is trading 50.6% above its estimated GF Value™ of €10.29.
Key valuation signals for HAM:ACE1:
3-Year RORE %: -35.13
GF Value™: €10.29 vs. price of €15.50 (50.6% above fair value)
No single metric tells the full story. See the HAM:ACE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
75GF Score
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