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.
Ad-Sol Nissin's 3-Year RORE % for the quarter that ended in Dec. 2023 was 14.11%.
The industry rank for Ad-Sol Nissin's 3-Year RORE % or its related term are showing as below:
TSE:3837's 3-Year RORE % is ranked better than 62.99% of 2494
companies
in the Software industry
Industry Median: 2.265
vs TSE:3837: 14.11
Ad-Sol Nissin 3-Year RORE % Historical Data
The historical data trend for Ad-Sol Nissin'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.
Competitive Comparison of Ad-Sol Nissin's 3-Year RORE %
For the Information Technology Services subindustry, Ad-Sol Nissin'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.
Ad-Sol Nissin's 3-Year RORE % Distribution in the Software Industry
For the Software industry and Technology sector, Ad-Sol Nissin's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Ad-Sol Nissin's 3-Year RORE % falls into.
Ad-Sol Nissin 3-Year RORE % Calculation
Ad-Sol Nissin's 3-Year RORE % for the quarter that ended in Dec. 2023 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 Dec. 2023 and 3-year before.
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.
Ad-Sol Nissin 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Ad-Sol Nissin's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ad-Sol Nissin Corp develops information systems for enterprises. The company provides Social Infrastructure Business, Advanced Industry Business, IoX Integrated Engineering Business, and Security solutions. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others. The IoX Integrated Engineering Business propose solutions such as AI. Big Data, Wireless, and others, and Security Solution protect IoT devices from cyber attacks.
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