GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Niching Industrial Corp (ROCO:3444) » Definitions » 3-Year RORE %

Niching Industrial (ROCO:3444) 3-Year RORE % : -304.97% (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Niching Industrial 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. Niching Industrial's 3-Year RORE % for the quarter that ended in Sep. 2024 was -304.97%.

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

ROCO:3444's 3-Year RORE % is ranked worse than
94.86% of 953 companies
in the Semiconductors industry
Industry Median: -8.4 vs ROCO:3444: -304.97

Niching Industrial 3-Year RORE % Historical Data

The historical data trend for Niching Industrial'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.

Niching Industrial 3-Year RORE % Chart

Niching Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.93 38.73 18.17 45.32 -45.97

Niching Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8.42 -45.97 -62.14 -92.84 -304.97

Competitive Comparison of Niching Industrial's 3-Year RORE %

For the Semiconductor Equipment & Materials subindustry, Niching Industrial'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.


Niching Industrial's 3-Year RORE % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Niching Industrial's 3-Year RORE % distribution charts can be found below:

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



Niching Industrial 3-Year RORE % Calculation

Niching Industrial's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 1.6-5.162 )/( 9.386-8.218 )
=-3.562/1.168
=-304.97 %

* 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 Sep. 2024 and 3-year before.


Niching Industrial  (ROCO:3444) 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.


Niching Industrial 3-Year RORE % Related Terms

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


Niching Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 767, Taiwan Boulevard, 5th Floor, Room 5E, Section 4, Xitun District, Taichung, TWN
Niching Industrial Corp is engaged in the import, export, trading, and manufacturing of various raw materials, components, and equipment required for the semiconductor and optoelectronic industries. Its products include Memory carrier boards, Logic carrier boards, Vapour chambers, Packaging components, Wafer carriers, and Customised silver paste among others. Its reportable segments are; Domestic, Asia, and others. The majority of the company's revenue is generated from the Domestic segment.

Niching Industrial Headlines

No Headlines