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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.
Hoymiles Power Electronics's 3-Year RORE % for the quarter that ended in Mar. 2026 was 84.00%.
The industry rank for Hoymiles Power Electronics's 3-Year RORE % or its related term are showing as below:
SHSE:688032's 3-Year RORE % is ranked better than 89.91% of 2894
companies
in the Industrial Products industry
Industry Median: 5.075
vs SHSE:688032: 84.00
Hoymiles Power Electronics (SHSE:688032) 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.
Hoymiles Power Electronics 3-Year RORE % Related Terms
Hoymiles Power Electronics 3-Year RORE % Historical Data
* 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.
For the Electrical Equipment & Parts subindustry, Hoymiles Power Electronics'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.
Hoymiles Power Electronics 3-Year RORE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hoymiles Power Electronics's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Hoymiles Power Electronics's 3-Year RORE % falls into.
* 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 Mar. 2026 and 3-year before.
Hoymiles Power Electronics (SHSE:688032) has a 3-Year RORE % of 84.00 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Hoymiles Power Electronics and its competitors. According to the industry distribution chart, Hoymiles Power Electronics ranks #292 out of 2894 companies in the Industrial Products industry, placing it in the top 10.1%.
Is Hoymiles Power Electronics' 3-Year RORE % too high?
Hoymiles Power Electronics' current 3-Year RORE % is 84.00. The Industrial Products industry median 3-Year RORE % is 5.08. Hoymiles Power Electronics' value of 84.00 is 1555.2% above this industry median. Based on the distribution chart, Hoymiles Power Electronics ranks #292 out of 2894 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hoymiles Power Electronics has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoymiles Power Electronics' 3-Year RORE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoymiles Power Electronics ranks #292 out of 2894 companies for 3-Year RORE %. This places Hoymiles Power Electronics in the top 10% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 5.08. Hoymiles Power Electronics' value of 84.00 is 1555.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Industrial Products company?
The median 3-Year RORE % among Industrial Products companies is 5.08, based on 2,894 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoymiles Power Electronics's current 3-Year RORE % of 84.00 is 1555.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Hoymiles Power Electronics and its competitors. For the Industrial Products industry, the median 3-Year RORE % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoymiles Power Electronics's current 3-Year RORE % is 84.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoymiles Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, Hoymiles Power Electronics (SHSE:688032) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥204.25, compared to a current price of ¥78.54 — trading 61.5% below its estimated fair value. The current 3-Year RORE % is 84.00 and 1555.2% above the Industrial Products industry median of 5.08. Hoymiles Power Electronics' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Hoymiles Power Electronics (SHSE:688032), the current 3-Year RORE % is 84.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hoymiles Power Electronics (SHSE:688032) Overvalued in 2026?
Based on GuruFocus' analysis, Hoymiles Power Electronics stock appears to be undervalued.
The current stock price of ¥78.54 is trading 61.5% below its estimated GF Value™ of ¥204.25.
GuruFocus considers Hoymiles Power Electronics to be Significantly Undervalued.
Key valuation signals for SHSE:688032:
3-Year RORE %: 84.00
GF Value™: ¥204.25 vs. price of ¥78.54 (61.5% below fair value)
Industry Position: 1555.2% above the Industrial Products median (#292 of 2894)
No single metric tells the full story. See the SHSE:688032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoymiles Power Electronics Inc is engaged in the research and development, manufacturing, and sales of photovoltaic inverters and other power conversion equipment and electrical complete sets of equipment and related products.
81GF Score
Get the complete analysis for SHSE:688032
3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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