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AlJazira Mawten (REIT) (SAU:4331) 3-Year RORE % : 51.12% (As of Dec. 2023)


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What is AlJazira Mawten (REIT) 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. AlJazira Mawten (REIT)'s 3-Year RORE % for the quarter that ended in Dec. 2023 was 51.12%.

The industry rank for AlJazira Mawten (REIT)'s 3-Year RORE % or its related term are showing as below:

SAU:4331's 3-Year RORE % is ranked better than
67.63% of 729 companies
in the REITs industry
Industry Median: 10.95 vs SAU:4331: 51.12

AlJazira Mawten (REIT) 3-Year RORE % Historical Data

The historical data trend for AlJazira Mawten (REIT)'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.

AlJazira Mawten (REIT) 3-Year RORE % Chart

AlJazira Mawten (REIT) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - -2.13 -118.87 51.12

AlJazira Mawten (REIT) Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.13 -17.55 -118.87 -133.38 51.12

Competitive Comparison of AlJazira Mawten (REIT)'s 3-Year RORE %

For the REIT - Industrial subindustry, AlJazira Mawten (REIT)'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.


AlJazira Mawten (REIT)'s 3-Year RORE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AlJazira Mawten (REIT)'s 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where AlJazira Mawten (REIT)'s 3-Year RORE % falls into.



AlJazira Mawten (REIT) 3-Year RORE % Calculation

AlJazira Mawten (REIT)'s 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 0.614-0.364 )/( 1.46-0.971 )
=0.25/0.489
=51.12 %

* 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 Dec. 2023 and 3-year before.


AlJazira Mawten (REIT)  (SAU:4331) 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.


AlJazira Mawten (REIT) 3-Year RORE % Related Terms

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AlJazira Mawten (REIT) (SAU:4331) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, P.O. Box 20438, Al Riyadh, SAU, 11455
AlJazira Mawten (REIT) is a Shariah-compliant real estate investment traded fund. The main investment objective of the fund is to invest in structurally developed real estate that generates periodic income and has invested mainly in warehouses in Jeddah.

AlJazira Mawten (REIT) (SAU:4331) Headlines

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