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PSNYW (Polestar Automotive Holding UK) 3-Year RORE % : 10.57% (As of Jun. 2024)


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What is Polestar Automotive Holding UK 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. Polestar Automotive Holding UK's 3-Year RORE % for the quarter that ended in Jun. 2024 was 10.57%.

The industry rank for Polestar Automotive Holding UK's 3-Year RORE % or its related term are showing as below:

PSNYW's 3-Year RORE % is ranked better than
53.32% of 1249 companies
in the Vehicles & Parts industry
Industry Median: 7.03 vs PSNYW: 10.57

Polestar Automotive Holding UK 3-Year RORE % Historical Data

The historical data trend for Polestar Automotive Holding UK'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.

Polestar Automotive Holding UK 3-Year RORE % Chart

Polestar Automotive Holding UK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
- - 47.81 0.11 22.19

Polestar Automotive Holding UK Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -1.87 22.19 22.51 10.57

Competitive Comparison of Polestar Automotive Holding UK's 3-Year RORE %

For the Auto Manufacturers subindustry, Polestar Automotive Holding UK'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.


Polestar Automotive Holding UK's 3-Year RORE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polestar Automotive Holding UK's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Polestar Automotive Holding UK's 3-Year RORE % falls into.



Polestar Automotive Holding UK 3-Year RORE % Calculation

Polestar Automotive Holding UK's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( -0.677--0.534 )/( -1.353-0 )
=-0.143/-1.353
=10.57 %

* 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 Jun. 2024 and 3-year before.


Polestar Automotive Holding UK  (NAS:PSNYW) 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.


Polestar Automotive Holding UK 3-Year RORE % Related Terms

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Polestar Automotive Holding UK Business Description

Traded in Other Exchanges
Address
Assar Gabrielssons Vag 9, Gothenburg, SWE, 405 31
Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that are engineered to excite consumers and drive change. Polestar defines market-leading standards in design, technology, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely Holdings. Polestar has produced two electric performance cars namely Polestar 1 and Polestar 2. Geographically, it derives a majority of revenue from USA.