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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. Manitex International's 3-Year RORE % for the quarter that ended in Sep. 2024 was -1,656.72%.
The industry rank for Manitex International's 3-Year RORE % or its related term are showing as below:
The historical data trend for Manitex International'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.
Manitex International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
3-Year RORE % | Get a 7-Day Free Trial | -3.75 | 1.10 | -14.71 | -41.74 | -601.03 |
Manitex International Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
3-Year RORE % | Get a 7-Day Free Trial | -16.33 | -601.03 | 1,207.55 | -721.09 | -1,656.72 |
For the Farm & Heavy Construction Machinery subindustry, Manitex International'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.
For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitex International's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Manitex International's 3-Year RORE % falls into.
Manitex International's 3-Year RORE % for the quarter that ended in Sep. 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 ) |
= | ( 0.45 | - | -0.66 ) | / | ( -0.067 | - | 0 ) | |
= | 1.11 | / | -0.067 | |||||
= | -1,656.72 % |
* 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 Sep. 2024 and 3-year before.
Manitex International (NAS:MNTX) 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.
Thank you for viewing the detailed overview of Manitex International's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
David J Langevin | director, officer: Chairman of the Board & CEO | 50120 PONTIAC TRAIL, WIXOM MI 48393 |
Takashi Kiso | director | 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466 |
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Marvin B Rosenberg | director | 3228 PIGNATELLI CRESCENT, MOUNT PLEASANT SC 29466 |
Laura Ruoru Yu | officer: VP Finance & Corp. Controller | 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455 |
Robert S Gigliotti | director | 901 WILSHIRE DR, STE 400, TROY MI 48084 |
Ingo Schiller | director | 4242 WEST GREENS ROAD, HOUSTON TX 77066 |
Tadano Ltd. | 10 percent owner | KO-34 SHINDEN-CHO, KAGAWA PREFECTURE, TAKAMATSU M0 761-0185 |
Sherman Jung | officer: VP Fin. Reporting (PFO/PAO) | 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455 |
Steve Kiefer | officer: President, North America | 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455 |
Michael Schneider | officer: SVP, CFO, Treas., & Secretary | 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455 |
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