Technology & Telecommunication Acquisition (Technology & Telecommunication Acquisition) 3-Year RORE % : 0.00% (As of Feb. 2024)

Technology & Telecommunication Acquisition 3-Year RORE % Chart

Technology & Telecommunication Acquisition Quarterly Data
	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
3-Year RORE %	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Technology & Telecommunication Acquisition's 3-Year RORE %

For the Shell Companies subindustry, Technology & Telecommunication Acquisition'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.

Technology & Telecommunication Acquisition's 3-Year RORE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Technology & Telecommunication Acquisition's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Technology & Telecommunication Acquisition's 3-Year RORE % falls into.

Technology & Telecommunication Acquisition 3-Year RORE % Calculation

Technology & Telecommunication Acquisition's 3-Year RORE % for the quarter that ended in Feb. 2024 is calculated as:

* 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 Feb. 2024 and 3-year before.

Technology & Telecommunication Acquisition  (NAS:TETE) 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.

Technology & Telecommunication Acquisition 3-Year RORE % Related Terms

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

Technology & Telecommunication Acquisition (Technology & Telecommunication Acquisition) Business Description