GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Frontier Lithium Inc (OTCPK:LITOF) » Definitions » 3-Year RORE %

LITOF (Frontier Lithium) 3-Year RORE % : 12.75% (As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Frontier Lithium 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. Frontier Lithium's 3-Year RORE % for the quarter that ended in Jun. 2024 was 12.75%.

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

LITOF's 3-Year RORE % is ranked better than
71.92% of 2162 companies
in the Metals & Mining industry
Industry Median: -10.75 vs LITOF: 12.75

Frontier Lithium 3-Year RORE % Historical Data

The historical data trend for Frontier Lithium'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.

Frontier Lithium 3-Year RORE % Chart

Frontier Lithium Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.03 60.00 41.67 21.47 16.59

Frontier Lithium Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.59 15.35 7.87 16.59 12.75

Competitive Comparison of Frontier Lithium's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Frontier Lithium'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.


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

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

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



Frontier Lithium 3-Year RORE % Calculation

Frontier Lithium's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( -0.074--0.048 )/( -0.204-0 )
=-0.026/-0.204
=12.75 %

* 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 Jun. 2024 and 3-year before.


Frontier Lithium  (OTCPK:LITOF) 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.


Frontier Lithium 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Frontier Lithium's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Lithium Business Description

Traded in Other Exchanges
Address
2736 Belisle Drive, Val Caron, ON, CAN, P3N 1B3
Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company projects include the PAK Lithium Project, Spark Deposit, Bolt Pegmatite, and Pennock Pegmatite.