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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.
Money Forward's 3-Year RORE % for the quarter that ended in May. 2026 was -175.33%.
The industry rank for Money Forward's 3-Year RORE % or its related term are showing as below:
MNYFF's 3-Year RORE % is ranked worse than 85.34% of 2544
companies
in the Software industry
Industry Median: 3.08
vs MNYFF: -175.33
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.
Money Forward 3-Year RORE % Related Terms
Money Forward 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Money Forward'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.
MNYFF vs UBER, SHOP, CRM: 3-Year RORE % Comparison
For the Software - Application subindustry, Money Forward'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.
Money Forward 3-Year RORE % vs Software Industry
For the Software industry and Technology sector, Money Forward's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Money Forward'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 May. 2026 and 3-year before.
Money Forward (MNYFF) has a 3-Year RORE % of -175.33 as of May. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Money Forward and its competitors. According to the industry distribution chart, Money Forward ranks #2171 out of 2544 companies in the Software industry, placing it in the top 85.3%.
Is Money Forward's 3-Year RORE % too high?
Money Forward's current 3-Year RORE % is -175.33. Based on the distribution chart, Money Forward ranks #2171 out of 2544 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Money Forward has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Money Forward's 3-Year RORE % compare to UBER and SHOP?
According to the Software industry distribution chart, Money Forward ranks #2171 out of 2544 companies for 3-Year RORE %. This places Money Forward in the lower half of its industry. The industry median 3-Year RORE % is 3.08. 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 Software company?
The median 3-Year RORE % among Software companies is 3.08, based on 2,544 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. 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 Money Forward and its competitors. For the Software industry, the median 3-Year RORE % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Money Forward's current 3-Year RORE % is -175.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Based on GuruFocus' analysis, Money Forward (MNYFF) is currently considered Significantly Undervalued. The stock's GF Value™ is $38.76, compared to a current price of $26.76 — trading 31% below its estimated fair value. The current 3-Year RORE % is -175.33. Money Forward's overall GF Score™ is 61/100 with 4 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 Money Forward (MNYFF), the current 3-Year RORE % is -175.33 as of May. 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 Money Forward (MNYFF) Overvalued in 2026?
Based on GuruFocus' analysis, Money Forward stock appears to be undervalued.
The current stock price of $26.76 is trading 31% below its estimated GF Value™ of $38.76.
GuruFocus considers Money Forward to be Significantly Undervalued.
Key valuation signals for MNYFF:
3-Year RORE %: -175.33
GF Value™: $38.76 vs. price of $26.76 (31% below fair value)
No single metric tells the full story. See the MNYFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
61GF Score
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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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