GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » 3-Year RORE %

Baheti Recycling Industries (NSE:BAHETI) 3-Year RORE % : 24.83% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Baheti Recycling Industries 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. Baheti Recycling Industries's 3-Year RORE % for the quarter that ended in Mar. 2024 was 24.83%.

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

NSE:BAHETI's 3-Year RORE % is ranked better than
78.85% of 2180 companies
in the Metals & Mining industry
Industry Median: -10.34 vs NSE:BAHETI: 24.83

Baheti Recycling Industries 3-Year RORE % Historical Data

The historical data trend for Baheti Recycling Industries'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.

* Premium members only.

Baheti Recycling Industries 3-Year RORE % Chart

Baheti Recycling Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
- - 76.06 62.89 24.83

Baheti Recycling Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE % - - 76.06 62.89 24.83

Competitive Comparison of Baheti Recycling Industries's 3-Year RORE %

For the Aluminum subindustry, Baheti Recycling Industries'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.


Baheti Recycling Industries's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baheti Recycling Industries's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Baheti Recycling Industries's 3-Year RORE % falls into.



Baheti Recycling Industries 3-Year RORE % Calculation

Baheti Recycling Industries's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( 6.94-2.825 )/( 16.575-0 )
=4.115/16.575
=24.83 %

* 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. 2024 and 3-year before.


Baheti Recycling Industries  (NSE:BAHETI) 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.


Baheti Recycling Industries 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Baheti Recycling Industries's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Baheti Recycling Industries Business Description

Traded in Other Exchanges
N/A
Address
A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004
Baheti Recycling Industries Ltd is an aluminium recycling company, mainly engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

Baheti Recycling Industries Headlines

No Headlines