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Playfair Mining (Playfair Mining) 3-Year RORE % : -23.44% (As of Nov. 2023)


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What is Playfair Mining 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. Playfair Mining's 3-Year RORE % for the quarter that ended in Nov. 2023 was -23.44%.

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

PLYFF's 3-Year RORE % is ranked worse than
59.07% of 2128 companies
in the Metals & Mining industry
Industry Median: -11.11 vs PLYFF: -23.44

Playfair Mining 3-Year RORE % Historical Data

The historical data trend for Playfair Mining'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.

Playfair Mining 3-Year RORE % Chart

Playfair Mining Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.33 1.45 -12.16 17.57 -6.85

Playfair Mining Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 16.22 -6.85 -21.21 -23.08 -23.44

Competitive Comparison of Playfair Mining's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Playfair Mining'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.


Playfair Mining's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Playfair Mining's 3-Year RORE % distribution charts can be found below:

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



Playfair Mining 3-Year RORE % Calculation

Playfair Mining's 3-Year RORE % for the quarter that ended in Nov. 2023 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 )
=( -0.009--0.024 )/( -0.064-0 )
=0.015/-0.064
=-23.44 %

* 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 Nov. 2023 and 3-year before.


Playfair Mining  (OTCPK:PLYFF) 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.


Playfair Mining 3-Year RORE % Related Terms

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Playfair Mining (Playfair Mining) Business Description

Traded in Other Exchanges
Address
224-470 Granville Street, Vancouver, BC, CAN, V6C 1V5
Playfair Mining Ltd is a mineral exploration company in Canada. The company engages in the acquisition and exploration of mineral properties in Canada and Ireland. Its project portfolio comprises of OX Mountain project in Ireland, and Grey River Tungsten located adjacent to the Grey River on the south coast of Newfoundland, and the RKV project. The company is exploring gold at its gold, copper, cobalt and nickel. The company operates in one reportable operating segment, being the acquisition and exploration of mineral properties in Norway.

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