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Mitani Sekisan Co (TSE:5273) 3-Year RORE % : 19.10% (As of Sep. 2024)


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What is Mitani Sekisan 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. Mitani Sekisan Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was 19.10%.

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

TSE:5273's 3-Year RORE % is ranked better than
63.28% of 1612 companies
in the Construction industry
Industry Median: 5.435 vs TSE:5273: 19.10

Mitani Sekisan Co 3-Year RORE % Historical Data

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

Mitani Sekisan Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.02 0.56 -1.04 19.26 21.98

Mitani Sekisan Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 22.12 25.25 21.98 23.55 19.10

Competitive Comparison of Mitani Sekisan Co's 3-Year RORE %

For the Building Products & Equipment subindustry, Mitani Sekisan 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.


Mitani Sekisan Co's 3-Year RORE % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mitani Sekisan Co's 3-Year RORE % distribution charts can be found below:

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



Mitani Sekisan Co 3-Year RORE % Calculation

Mitani Sekisan Co's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 530.72-320.08 )/( 1353.368-250.5 )
=210.64/1102.868
=19.10 %

* 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 Sep. 2024 and 3-year before.


Mitani Sekisan Co  (TSE:5273) 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.


Mitani Sekisan Co 3-Year RORE % Related Terms

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Mitani Sekisan Co Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 Toyoshima, Mitani Building, Fukui-shi, Fukui, JPN, 910-8571
Mitani Sekisan Co Ltd is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

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