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MPC Container Ships ASA (MPC Container Ships ASA) 3-Year RORE % : 52.54% (As of Dec. 2023)


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What is MPC Container Ships ASA 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. MPC Container Ships ASA's 3-Year RORE % for the quarter that ended in Dec. 2023 was 52.54%.

The industry rank for MPC Container Ships ASA's 3-Year RORE % or its related term are showing as below:

MPZZF's 3-Year RORE % is ranked better than
87.5% of 904 companies
in the Transportation industry
Industry Median: -1.04 vs MPZZF: 52.54

MPC Container Ships ASA 3-Year RORE % Historical Data

The historical data trend for MPC Container Ships ASA'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.

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MPC Container Ships ASA 3-Year RORE % Chart

MPC Container Ships ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - 12.69 39,050.00 358.06 52.54

MPC Container Ships ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 358.06 259.80 222.55 145.05 52.54

Competitive Comparison of MPC Container Ships ASA's 3-Year RORE %

For the Marine Shipping subindustry, MPC Container Ships ASA'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.


MPC Container Ships ASA's 3-Year RORE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MPC Container Ships ASA's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where MPC Container Ships ASA's 3-Year RORE % falls into.



MPC Container Ships ASA 3-Year RORE % Calculation

MPC Container Ships ASA's 3-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.729-0.46 )/( 2.162-1.65 )
=0.269/0.512
=52.54 %

* 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 Dec. 2023 and 3-year before.


MPC Container Ships ASA  (OTCPK:MPZZF) 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.


MPC Container Ships ASA 3-Year RORE % Related Terms

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MPC Container Ships ASA (MPC Container Ships ASA) Business Description

Traded in Other Exchanges
Address
Ruseløkkveien 34, Oslo, NOR, N-0251
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group earns revenue from seaborne container transportation globally. The group has one reporting segment as it employs one type of vessel; Container Vessels.

MPC Container Ships ASA (MPC Container Ships ASA) Headlines