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iWallet (iWallet) 3-Year RORE % : -7.69% (As of Mar. 2024)


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What is iWallet 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. iWallet's 3-Year RORE % for the quarter that ended in Mar. 2024 was -7.69%.

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

IWAL's 3-Year RORE % is ranked worse than
62.65% of 972 companies
in the Business Services industry
Industry Median: 4.405 vs IWAL: -7.69

iWallet 3-Year RORE % Historical Data

The historical data trend for iWallet'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.

iWallet 3-Year RORE % Chart

iWallet Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Dec14 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only 94.83 - - - -16.67

iWallet Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 25.00 -8.33 -16.67 -7.69

Competitive Comparison of iWallet's 3-Year RORE %

For the Security & Protection Services subindustry, iWallet'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.


iWallet's 3-Year RORE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, iWallet's 3-Year RORE % distribution charts can be found below:

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



iWallet 3-Year RORE % Calculation

iWallet's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( -0.005--0.006 )/( -0.013-0 )
=0.001/-0.013
=-7.69 %

* 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. 2024 and 3-year before.


iWallet  (OTCPK:IWAL) 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.


iWallet 3-Year RORE % Related Terms

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iWallet (iWallet) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200A, Reno, NV, USA, 89502
iWallet Corp is a United States-based company engaged in the business of designing and developing smart techcessories. It develops biometric locking cases and security products to protect against identity, and personal and financial information theft. The company's product is a biometric locking luxury storage case that protects cash, credit card and personal information.

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