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.
Maruichi Steel Tube's 3-Year RORE % for the quarter that ended in Mar. 2026 was 1.78%.
The industry rank for Maruichi Steel Tube's 3-Year RORE % or its related term are showing as below:
MCHIF's 3-Year RORE % is ranked better than 53% of 600
companies
in the Steel industry
Industry Median: 0.475
vs MCHIF: 1.78
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.
Maruichi Steel Tube 3-Year RORE % Related Terms
Maruichi Steel Tube 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Maruichi Steel Tube'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.
For the Steel subindustry, Maruichi Steel Tube'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.
Maruichi Steel Tube 3-Year RORE % vs Steel Industry
For the Steel industry and Basic Materials sector, Maruichi Steel Tube's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Maruichi Steel Tube's 3-Year RORE % falls into.
* 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. 2026 and 3-year before.
Maruichi Steel Tube (MCHIF) has a 3-Year RORE % of 1.78 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Maruichi Steel Tube and its competitors. According to the industry distribution chart, Maruichi Steel Tube ranks #282 out of 600 companies in the Steel industry, placing it in the top 47%.
Is Maruichi Steel Tube's 3-Year RORE % too high?
Maruichi Steel Tube's current 3-Year RORE % is 1.78. The Steel industry median 3-Year RORE % is 0.48. Maruichi Steel Tube's value of 1.78 is 274.7% above this industry median. Based on the distribution chart, Maruichi Steel Tube ranks #282 out of 600 companies in the Steel industry, which is above the industry midpoint. Overall, Maruichi Steel Tube has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Maruichi Steel Tube's 3-Year RORE % compare to NUE and STLD?
According to the Steel industry distribution chart, Maruichi Steel Tube ranks #282 out of 600 companies for 3-Year RORE %. This puts Maruichi Steel Tube in the upper half of its industry. The industry median 3-Year RORE % is 0.48. Maruichi Steel Tube's value of 1.78 is 274.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Steel company?
The median 3-Year RORE % among Steel companies is 0.48, based on 600 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maruichi Steel Tube's current 3-Year RORE % of 1.78 is 274.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Maruichi Steel Tube and its competitors. For the Steel industry, the median 3-Year RORE % is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Steel Tube's current 3-Year RORE % is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Steel Tube stock overvalued right now?
Maruichi Steel Tube (MCHIF) has a current 3-Year RORE % of 1.78. The stock's GF Value™ is $4.77, compared to a current price of $7.31 — trading 53.2% above its estimated fair value. The current 3-Year RORE % is 1.78 and 274.7% above the Steel industry median of 0.48. Maruichi Steel Tube's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Maruichi Steel Tube (MCHIF), the current 3-Year RORE % is 1.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Maruichi Steel Tube (MCHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Maruichi Steel Tube stock appears to be overvalued.
The current stock price of $7.31 is trading 53.2% above its estimated GF Value™ of $4.77.
Key valuation signals for MCHIF:
3-Year RORE %: 1.78
GF Value™: $4.77 vs. price of $7.31 (53.2% above fair value)
Industry Position: 274.7% above the Steel median (#282 of 600)
No single metric tells the full story. See the MCHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tubes and steel sheet coating. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motorcycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others.
82GF Score
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