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Natural Gas Distribution Co (SAU:9516) 3-Year RORE % : 33.62% (As of Jun. 2024)


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What is Natural Gas Distribution 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. Natural Gas Distribution Co's 3-Year RORE % for the quarter that ended in Jun. 2024 was 33.62%.

The industry rank for Natural Gas Distribution Co's 3-Year RORE % or its related term are showing as below:

SAU:9516's 3-Year RORE % is ranked better than
72.77% of 481 companies
in the Utilities - Regulated industry
Industry Median: 7.72 vs SAU:9516: 33.62

Natural Gas Distribution Co 3-Year RORE % Historical Data

The historical data trend for Natural Gas Distribution 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.

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Natural Gas Distribution Co 3-Year RORE % Chart

Natural Gas Distribution Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
3-Year RORE %
- - - 17.58

Natural Gas Distribution Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year RORE % Get a 7-Day Free Trial - - 110.49 17.58 33.62

Competitive Comparison of Natural Gas Distribution Co's 3-Year RORE %

For the Utilities - Regulated Gas subindustry, Natural Gas Distribution 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.


Natural Gas Distribution Co's 3-Year RORE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Natural Gas Distribution Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Natural Gas Distribution Co's 3-Year RORE % falls into.



Natural Gas Distribution Co 3-Year RORE % Calculation

Natural Gas Distribution Co'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 )
=( 0.6-0.444 )/( 1.964-1.5 )
=0.156/0.464
=33.62 %

* 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.


Natural Gas Distribution Co  (SAU:9516) 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.


Natural Gas Distribution Co 3-Year RORE % Related Terms

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Natural Gas Distribution Co Business Description

Traded in Other Exchanges
N/A
Address
Al-Kharj Road, P.O. 000512, Second Industrial City, Riyadh, SAU, 11382
Natural Gas Distribution Co owns and maintains natural gas networks. The company.s activity is the distribution of gaseous fuels through pipes and gas pipelines, their maintenance and repair, the wholesale sale of gaseous fuels, and the transportation of natural gas through pipelines. Its core business is to supply the factories located in the second industrial city of Riyadh. The company is supplied with natural gas from Saudi Aramco through the main pipeline. Its services include the operation and maintenance of natural gas networks.

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