GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » India Glycols Ltd (NSE:INDIAGLYCO) » Definitions » 3-Year RORE %

India Glycols (NSE:INDIAGLYCO) 3-Year RORE % : -28.04% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is India Glycols 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. India Glycols's 3-Year RORE % for the quarter that ended in Dec. 2023 was -28.04%.

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

NSE:INDIAGLYCO's 3-Year RORE % is ranked worse than
67.13% of 1500 companies
in the Chemicals industry
Industry Median: -6.225 vs NSE:INDIAGLYCO: -28.04

India Glycols 3-Year RORE % Historical Data

The historical data trend for India Glycols'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.

India Glycols 3-Year RORE % Chart

India Glycols Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.09 10.21 -0.29 42.45 1.64

India Glycols 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 16.93 1.64 -28.22 -28.16 -28.04

Competitive Comparison of India Glycols's 3-Year RORE %

For the Chemicals subindustry, India Glycols'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.


India Glycols's 3-Year RORE % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, India Glycols's 3-Year RORE % distribution charts can be found below:

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



India Glycols 3-Year RORE % Calculation

India Glycols'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 )
=( 55.1-111.03 )/( 220.49-21 )
=-55.93/199.49
=-28.04 %

* 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.


India Glycols  (NSE:INDIAGLYCO) 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.


India Glycols 3-Year RORE % Related Terms

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


India Glycols (NSE:INDIAGLYCO) Business Description

Traded in Other Exchanges
Address
Plot No. 2B, Sector-126, District Gautam Budh Nagar, Noida, UP, IND, 201304
India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through agricultural route and manufactures ethoxylates and glycol ethers through molasses route. The demand for their products comes from the Pharmaceutical and Nutraceutical industries, Food industries, Textile industry, Automobile industry and Potable segment. The operating segments of the group are Industrial chemical; Ethyl Alcohol (Potable); and Nutraceutical, of which it derives key revenue from the Ethyl Alcohol (Potable) segment.

India Glycols (NSE:INDIAGLYCO) Headlines

No Headlines