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Renet Japan Group (TSE:3556) 3-Year RORE % : 226.37% (As of Mar. 2024)


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What is Renet Japan Group 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. Renet Japan Group's 3-Year RORE % for the quarter that ended in Mar. 2024 was 226.37%.

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

TSE:3556's 3-Year RORE % is ranked better than
96.06% of 1040 companies
in the Retail - Cyclical industry
Industry Median: 0.485 vs TSE:3556: 226.37

Renet Japan Group 3-Year RORE % Historical Data

The historical data trend for Renet Japan Group'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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Renet Japan Group 3-Year RORE % Chart

Renet Japan Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.72 122.95 6.62 -203.95 -157.47

Renet Japan Group 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 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 -174.36 -120.75 -157.47 2,840.36 226.37

Competitive Comparison of Renet Japan Group's 3-Year RORE %

For the Internet Retail subindustry, Renet Japan Group'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.


Renet Japan Group's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renet Japan Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Renet Japan Group's 3-Year RORE % falls into.



Renet Japan Group 3-Year RORE % Calculation

Renet Japan Group'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 )
=( -103.751-23.04 )/( -56.011-0 )
=-126.791/-56.011
=226.37 %

* 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. 2024 and 3-year before.


Renet Japan Group  (TSE:3556) 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.


Renet Japan Group 3-Year RORE % Related Terms

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Renet Japan Group Business Description

Traded in Other Exchanges
N/A
Address
4th Hiraikecho Nakamura-ku, Global Gate 26th Floor, Nagoya, JPN, 453-6126
Renet Japan Group Inc is engaged in the online recycling business. Its products include books, CD, game software, precious metals, and musical instruments. It has net reuse business and net recycling business.

Renet Japan Group Headlines

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