GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Turk Traktor ve Ziraat Makineleri AS (IST:TTRAK) » Definitions » 3-Year RORE %

Turk Traktor ve Ziraat Makineleri AS (IST:TTRAK) 3-Year RORE % : -1.82% (As of Dec. 2024)


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What is Turk Traktor ve Ziraat Makineleri 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. Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE % for the quarter that ended in Dec. 2024 was -1.82%.

The industry rank for Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE % or its related term are showing as below:

IST:TTRAK's 3-Year RORE % is ranked worse than
56.5% of 200 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 4.84 vs IST:TTRAK: -1.82

Turk Traktor ve Ziraat Makineleri AS 3-Year RORE % Historical Data

The historical data trend for Turk Traktor ve Ziraat Makineleri 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.

Turk Traktor ve Ziraat Makineleri AS 3-Year RORE % Chart

Turk Traktor ve Ziraat Makineleri AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.61 95.96 88.52 76.17 -1.82

Turk Traktor ve Ziraat Makineleri AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 76.17 83.71 56.52 33.93 -1.82

Competitive Comparison of Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE %

For the Farm & Heavy Construction Machinery subindustry, Turk Traktor ve Ziraat Makineleri 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.


Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE % falls into.


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Turk Traktor ve Ziraat Makineleri AS 3-Year RORE % Calculation

Turk Traktor ve Ziraat Makineleri AS's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 60.605-63.704 )/( 293.054-122.918 )
=-3.099/170.136
=-1.82 %

* 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 Dec. 2024 and 3-year before.


Turk Traktor ve Ziraat Makineleri AS  (IST:TTRAK) 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.


Turk Traktor ve Ziraat Makineleri AS 3-Year RORE % Related Terms

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Turk Traktor ve Ziraat Makineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.

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