Dairei Co (TSE:2883) 3-Year RORE % : 1.91% (As of Mar. 2024)

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What is Dairei 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. Dairei Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was 1.91%.

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

TSE:2883's 3-Year RORE % is ranked worse than
54.59% of 2845 companies
in the Industrial Products industry
Industry Median: 6.2 vs TSE:2883: 1.91

Dairei Co 3-Year RORE % Historical Data

The historical data trend for Dairei 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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Dairei Co 3-Year RORE % Chart

Dairei Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

3-Year RORE %

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20.85

-3.35

-6.06

23.88

Dairei Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
3-Year RORE %	Get a 7-Day Free Trial															23.88	16.84	10.96	1.91	-

Competitive Comparison of Dairei Co's 3-Year RORE %

For the Specialty Industrial Machinery subindustry, Dairei 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.

Dairei Co's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dairei Co's 3-Year RORE % distribution charts can be found below:

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

Dairei Co 3-Year RORE % Calculation

Dairei Co's 3-Year RORE % for the quarter that ended in Mar. 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 )
	=	( 129.765	-	123.425 )	/	( 426.445	-	175 )
	=	6.34	/	251.445
	=	2.52 %

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. 2024 and 3-year before.

Dairei Co (TSE:2883) 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.

Dairei Co 3-Year RORE % Related Terms

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Dairei Co (TSE:2883) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dairei Co Ltd (TSE:2883) » Definitions » 3-Year RORE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-4, Yushima 3-Chome, Bunkyo-ku, Tokyo, JPN

Website

http://www.dairei.co.jp

Dairei Co Ltd designs and manufactures environment-friendly freezers by using cryogenic preservation technology used in the pelagic (ocean) fishing industry. The company offers static cryogenic, compact, fan free, showcase, prefabricated static, and other freezers for the storage of food products. It offers its products for restaurants, fish shops, butchers, hotels, supermarkets, restaurants, and wholesale markets.

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