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Motorsport Games (Motorsport Games) 3-Year RORE % : -37.48% (As of Dec. 2023)


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What is Motorsport Games 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. Motorsport Games's 3-Year RORE % for the quarter that ended in Dec. 2023 was -37.48%.

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

MSGM's 3-Year RORE % is ranked worse than
74.86% of 537 companies
in the Interactive Media industry
Industry Median: 2.06 vs MSGM: -37.48

Motorsport Games 3-Year RORE % Historical Data

The historical data trend for Motorsport Games'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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Motorsport Games 3-Year RORE % Chart

Motorsport Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - - 46.98 -37.48

Motorsport Games Quarterly Data
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 46.98 8.79 -3.91 -22.21 -37.48

Competitive Comparison of Motorsport Games's 3-Year RORE %

For the Electronic Gaming & Multimedia subindustry, Motorsport Games'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.


Motorsport Games's 3-Year RORE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Motorsport Games's 3-Year RORE % distribution charts can be found below:

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



Motorsport Games 3-Year RORE % Calculation

Motorsport Games'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 )
=( -5.09--29.64 )/( -65.5-0 )
=24.55/-65.5
=-37.48 %

* 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.


Motorsport Games  (NAS:MSGM) 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.


Motorsport Games 3-Year RORE % Related Terms

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Motorsport Games (Motorsport Games) Business Description

Traded in Other Exchanges
N/A
Address
5972 NE 4th Avenue, Miami, FL, USA, 33137
Motorsport Games Inc is a motorsport network company that combines engaging video games with esports competitions and content for racing fans and gamers around the globe. The company has its reportable segments into the development and publishing of interactive racing video games, entertainment content and services and the organization and facilitation of esports tournaments, competitions, and events for the licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. Majority of the revenue is earned from Gaming.
Executives
Mike Zoi 10 percent owner 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Navtej Singh Sunner director 115 OVERSLADE LANE, RUGBY X0 CV226EE
Andrew P. Jacobson director 3825 N. PAULINA STREET, CHICAGO IL 60613
John Delta officer: Interim CFO 8800 HSC PARKWAY, BRYAN TX 77807
Peter R Moore director 200 DOMAIN DRIVE, STRATHAM NH 03885
Jonathan New officer: Chief Financial Officer 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Francesco Piovanetti director CITY VIEW PLAZA I SUITE 800, CARR. 165KM, 1.2, GUAYNABO PR 00968
Dmitry Kozko director, officer: Chief Executive Officer 1450 SOUTH MIAMI AVENUE, MIAMI FL 33130
Neil T Anderson director 125 BROAD STREET, 28TH FLOOR, NEW YORK NY 10004
Rob Dyrdek director 3130 WILSHIRE BLVD., SUITE 600, SANTA MONICA CA 90404
Stephen Hood officer: President SILVERSTONE INNOVATION CENTRE, SILVERSTONE X0 NN12 8GX
James William Allen director 1 ETON STREET,, MOTORSPORT NETWORK, RICHMOND, LONDON X0 TW9 1AG
Motorsport Network, Llc 10 percent owner 5972 NE 4TH AVENUE, MIAMI FL 33137

Motorsport Games (Motorsport Games) Headlines