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Mantengu Mining (JSE:MTU) 3-Year RORE % : -99.13% (As of Aug. 2024)


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What is Mantengu Mining 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. Mantengu Mining's 3-Year RORE % for the quarter that ended in Aug. 2024 was -99.13%.

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

JSE:MTU's 3-Year RORE % is ranked worse than
92.57% of 2179 companies
in the Metals & Mining industry
Industry Median: -10.34 vs JSE:MTU: -99.13

Mantengu Mining 3-Year RORE % Historical Data

The historical data trend for Mantengu Mining'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.

Mantengu Mining 3-Year RORE % Chart

Mantengu Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.55 -45.43 1,188.23 22.02 -101.24

Mantengu Mining Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 372.80 22.02 13.53 -101.24 -99.13

Competitive Comparison of Mantengu Mining's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Mantengu Mining'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.


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

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

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



Mantengu Mining 3-Year RORE % Calculation

Mantengu Mining's 3-Year RORE % for the quarter that ended in Aug. 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 )
=( 0.13-10.393 )/( 10.353-0 )
=-10.263/10.353
=-99.13 %

* 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 Aug. 2024 and 3-year before.


Mantengu Mining  (JSE:MTU) 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.


Mantengu Mining 3-Year RORE % Related Terms

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Mantengu Mining Business Description

Traded in Other Exchanges
N/A
Address
5 Saint Michaels Lane, Bryanston, Sandton, Johannesburg, ZAF, 2021
Mantengu Mining Ltd operates as a mining investment company. The company is engaged in the process of transforming into a Mining, Mining Services, and Energy company. The project of the company comprises of Langpan project.

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