GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Renaissance Global Ltd (NSE:RGL) » Definitions » 3-Year RORE %

Renaissance Global (NSE:RGL) 3-Year RORE % : -9.81% (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Renaissance Global 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. Renaissance Global's 3-Year RORE % for the quarter that ended in Dec. 2024 was -9.81%.

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

NSE:RGL's 3-Year RORE % is ranked worse than
58.74% of 1035 companies
in the Retail - Cyclical industry
Industry Median: -1.95 vs NSE:RGL: -9.81

Renaissance Global 3-Year RORE % Historical Data

The historical data trend for Renaissance Global'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.

Renaissance Global 3-Year RORE % Chart

Renaissance Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.53 -17.29 -1.07 25.81 -7.59

Renaissance Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -4.52 -7.59 -15.72 -10.40 -9.81

Competitive Comparison of Renaissance Global's 3-Year RORE %

For the Luxury Goods subindustry, Renaissance Global'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.


Renaissance Global's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's 3-Year RORE % distribution charts can be found below:

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


;
;

Renaissance Global 3-Year RORE % Calculation

Renaissance Global's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 7.29-9.26 )/( 24.19-4.1 )
=-1.97/20.09
=-9.81 %

* 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. 2024 and 3-year before.


Renaissance Global  (NSE:RGL) 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.


Renaissance Global 3-Year RORE % Related Terms

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


Renaissance Global Business Description

Traded in Other Exchanges
Address
Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.

Renaissance Global Headlines

No Headlines