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Mega Metalnayi ve Ticaret AS (IST:MEGMT) 3-Year RORE % : 69.23% (As of Sep. 2024)


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What is Mega Metalnayi ve Ticaret AS 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. Mega Metalnayi ve Ticaret AS's 3-Year RORE % for the quarter that ended in Sep. 2024 was 69.23%.

The industry rank for Mega Metalnayi ve Ticaret AS's 3-Year RORE % or its related term are showing as below:

IST:MEGMT's 3-Year RORE % is ranked better than
88.73% of 2840 companies
in the Industrial Products industry
Industry Median: 1.62 vs IST:MEGMT: 69.23

Mega Metalnayi ve Ticaret AS 3-Year RORE % Historical Data

The historical data trend for Mega Metalnayi ve Ticaret AS'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.

Mega Metalnayi ve Ticaret AS 3-Year RORE % Chart

Mega Metalnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
3-Year RORE %
- - - -

Mega Metalnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 - - - - 69.23

Competitive Comparison of Mega Metalnayi ve Ticaret AS's 3-Year RORE %

For the Electrical Equipment & Parts subindustry, Mega Metalnayi ve Ticaret AS'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.


Mega Metalnayi ve Ticaret AS's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Metalnayi ve Ticaret AS's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Mega Metalnayi ve Ticaret AS's 3-Year RORE % falls into.



Mega Metalnayi ve Ticaret AS 3-Year RORE % Calculation

Mega Metalnayi ve Ticaret AS'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 )
=( 1.918--0.215 )/( 3.081-0 )
=2.133/3.081
=69.23 %

* 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.


Mega Metalnayi ve Ticaret AS  (IST:MEGMT) 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.


Mega Metalnayi ve Ticaret AS 3-Year RORE % Related Terms

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Mega Metalnayi ve Ticaret AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR
Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.

Mega Metalnayi ve Ticaret AS Headlines

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