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Sabar Flex India (NSE:SABAR) 3-Year RORE % : 31.23% (As of Mar. 2024)


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What is Sabar Flex 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. Sabar Flex India's 3-Year RORE % for the quarter that ended in Mar. 2024 was 31.23%.

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

NSE:SABAR's 3-Year RORE % is ranked better than
74.87% of 378 companies
in the Packaging & Containers industry
Industry Median: -1.195 vs NSE:SABAR: 31.23

Sabar Flex India 3-Year RORE % Historical Data

The historical data trend for Sabar Flex 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.

Sabar Flex India 3-Year RORE % Chart

Sabar Flex India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
- - 17.96 12.90 31.23

Sabar Flex India Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE % - - 17.96 12.90 31.23

Competitive Comparison of Sabar Flex India's 3-Year RORE %

For the Packaging & Containers subindustry, Sabar Flex 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.


Sabar Flex India's 3-Year RORE % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sabar Flex India's 3-Year RORE % distribution charts can be found below:

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



Sabar Flex India 3-Year RORE % Calculation

Sabar Flex 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 )
=( 2.64-1.06 )/( 5.06-0 )
=1.58/5.06
=31.23 %

* 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.


Sabar Flex India  (NSE:SABAR) 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.


Sabar Flex India 3-Year RORE % Related Terms

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Sabar Flex India Business Description

Traded in Other Exchanges
N/A
Address
Corporate Road, B1/104 Palladium Building, Near Orchid Wood, Opposite Divya Bhaskar, Prahaladnagar, Ahmedabad, GJ, IND, 380051
Sabar Flex India Ltd engages in manufacturing packaging products made from plastics. The company supplies three different products, that is, Multilayer films, Printed laminates, and flexible packaging products. Its product portfolio consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bag, e-commerce bag.

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