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Ksolves India (NSE:KSOLVES) 3-Year RORE % : 145.93% (As of Mar. 2024)


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What is Ksolves India 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. Ksolves India's 3-Year RORE % for the quarter that ended in Mar. 2024 was 145.93%.

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

NSE:KSOLVES's 3-Year RORE % is ranked better than
94.09% of 2472 companies
in the Software industry
Industry Median: 1.975 vs NSE:KSOLVES: 145.93

Ksolves India 3-Year RORE % Historical Data

The historical data trend for Ksolves India'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.

Ksolves India 3-Year RORE % Chart

Ksolves India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial - - - 85.64 145.93

Ksolves India Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 85.64 60.09 74.53 91.31 145.93

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

For the Software - Application subindustry, Ksolves India'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.


Ksolves India's 3-Year RORE % Distribution in the Software Industry

For the Software industry and Technology sector, Ksolves India's 3-Year RORE % distribution charts can be found below:

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



Ksolves India 3-Year RORE % Calculation

Ksolves India'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 )
=( 28.81-13.4 )/( 63.06-52.5 )
=15.41/10.56
=145.93 %

* 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.


Ksolves India  (NSE:KSOLVES) 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.


Ksolves India 3-Year RORE % Related Terms

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Ksolves India (NSE:KSOLVES) Business Description

Traded in Other Exchanges
Address
Parexl, B-4, 1st Floor, B-Block, Sector 63, Noida, UP, IND, 201301
Ksolves India Ltd is a certified software service and product company offering solutions that enable client organizations to rapidly develop powerful applications addressing their business needs. This may include automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed. It is engaged in software development, enterprise solutions and consulting, providing a range of Information Technology (IT) solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare. It comprises single-segment software development services.

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