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Mangalam Worldwide (NSE:MWL) 3-Year RORE % : 20.52% (As of Sep. 2024)


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What is Mangalam Worldwide 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. Mangalam Worldwide's 3-Year RORE % for the quarter that ended in Sep. 2024 was 20.52%.

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

NSE:MWL's 3-Year RORE % is ranked better than
69.69% of 607 companies
in the Steel industry
Industry Median: -6.34 vs NSE:MWL: 20.52

Mangalam Worldwide 3-Year RORE % Historical Data

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide 3-Year RORE % Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial - 54.67 66.10 - 17.80

Mangalam Worldwide Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 32.84 17.80 20.52

Competitive Comparison of Mangalam Worldwide's 3-Year RORE %

For the Steel subindustry, Mangalam Worldwide'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.


Mangalam Worldwide's 3-Year RORE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Worldwide's 3-Year RORE % distribution charts can be found below:

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



Mangalam Worldwide 3-Year RORE % Calculation

Mangalam Worldwide's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 11.19-6.752 )/( 24.632-3 )
=4.438/21.632
=20.52 %

* 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 Sep. 2024 and 3-year before.


Mangalam Worldwide  (NSE:MWL) 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.


Mangalam Worldwide 3-Year RORE % Related Terms

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Mangalam Worldwide Business Description

Traded in Other Exchanges
N/A
Address
102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Stainless Steel Billets and SS Flat Bars. The company is also engaged in trading of steel-scrap, ferro alloys, and others.

Mangalam Worldwide Headlines

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