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SpaceNet Enterprises India (NSE:SPCENET) 3-Year RORE % : 100.00% (As of Mar. 2024)


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What is SpaceNet Enterprises 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. SpaceNet Enterprises India's 3-Year RORE % for the quarter that ended in Mar. 2024 was 100.00%.

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

NSE:SPCENET's 3-Year RORE % is ranked better than
89.3% of 766 companies
in the Capital Markets industry
Industry Median: 3.03 vs NSE:SPCENET: 100.00

SpaceNet Enterprises India 3-Year RORE % Historical Data

The historical data trend for SpaceNet Enterprises 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.

SpaceNet Enterprises India 3-Year RORE % Chart

SpaceNet Enterprises India 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 1,752.54 3.31 -86.52 -187.21 100.00

SpaceNet Enterprises India Quarterly Data
Jun19 Sep19 Dec19 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 Premium Member Only -187.21 1,292.86 121.77 144.25 100.00

Competitive Comparison of SpaceNet Enterprises India's 3-Year RORE %

For the Capital Markets subindustry, SpaceNet Enterprises 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.


SpaceNet Enterprises India's 3-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SpaceNet Enterprises India's 3-Year RORE % distribution charts can be found below:

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



SpaceNet Enterprises India 3-Year RORE % Calculation

SpaceNet Enterprises 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 )
=( 0.2--0.025 )/( 0.225-0 )
=0.225/0.225
=100.00 %

* 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.


SpaceNet Enterprises India  (NSE:SPCENET) 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.


SpaceNet Enterprises India 3-Year RORE % Related Terms

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SpaceNet Enterprises India (NSE:SPCENET) Business Description

Traded in Other Exchanges
N/A
Address
Street No. 03, Raidurgam, Prasanth Hills, Plot No. 114, Survey No. 66/2, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad, TG, IND, 500008
SpaceNet Enterprises India Ltd is primarily engaged in the trading of commodities, providing Information Technology Services and online advertising services. It operates in a single segment that is Trading in commodities and derives revenue from the sale of commodities. Its investment enterprise is across a broad range of tech industries.

SpaceNet Enterprises India (NSE:SPCENET) Headlines

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