GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » National Agriculture Development Co (SAU:6010) » Definitions » 3-Year RORE %

National Agriculture Development Co (SAU:6010) 3-Year RORE % : 86.27% (As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is National Agriculture Development Co 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. National Agriculture Development Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was 86.27%.

The industry rank for National Agriculture Development Co's 3-Year RORE % or its related term are showing as below:

SAU:6010's 3-Year RORE % is ranked better than
87.91% of 1795 companies
in the Consumer Packaged Goods industry
Industry Median: 3.19 vs SAU:6010: 86.27

National Agriculture Development Co 3-Year RORE % Historical Data

The historical data trend for National Agriculture Development Co'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.

National Agriculture Development Co 3-Year RORE % Chart

National Agriculture Development Co 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 -136.02 115.75 109.24 -38.09 228.47

National Agriculture Development Co 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 269.09 228.47 202.73 156.23 86.27

Competitive Comparison of National Agriculture Development Co's 3-Year RORE %

For the Packaged Foods subindustry, National Agriculture Development Co'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.


National Agriculture Development Co's 3-Year RORE % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, National Agriculture Development Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where National Agriculture Development Co's 3-Year RORE % falls into.



National Agriculture Development Co 3-Year RORE % Calculation

National Agriculture Development Co'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 )
=( 1.501--0.975 )/( 2.87-0 )
=2.476/2.87
=86.27 %

* 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.


National Agriculture Development Co  (SAU:6010) 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.


National Agriculture Development Co 3-Year RORE % Related Terms

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


National Agriculture Development Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Abdulrahman Bin Abdulaziz Road, Building No. 7049, Sub No. 2467, Al Murabba District, Riyadh, SAU, 11461
National Agriculture Development Co is engaged in agricultural and livestock production, reclamation of agricultural land, food processing, marketing, and distribution of its products. The company operates in two main sectors, namely Manufacturing of Dairy and Foods and the Production of Agricultural Products. It generates maximum revenue from the Dairy and Food segment. Its products include dairy, milk, cheese, juices, desserts, and other related food. Geographically, it derives the vast majority of its revenue from Saudi Arabia.

National Agriculture Development Co Headlines

No Headlines