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TONE Co (TSE:5967) 3-Year RORE % : -0.87% (As of Feb. 2024)


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What is TONE 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. TONE Co's 3-Year RORE % for the quarter that ended in Feb. 2024 was -0.87%.

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

TSE:5967's 3-Year RORE % is ranked worse than
57.14% of 2837 companies
in the Industrial Products industry
Industry Median: 6.09 vs TSE:5967: -0.87

TONE Co 3-Year RORE % Historical Data

The historical data trend for TONE 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.

* Premium members only.

TONE Co 3-Year RORE % Chart

TONE Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.52 -7.21 -0.71 -0.75 -3.03

TONE Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -1.29 -3.03 -15.78 -3.18 -0.87

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

For the Tools & Accessories subindustry, TONE 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.


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

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

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



TONE Co 3-Year RORE % Calculation

TONE Co's 3-Year RORE % for the quarter that ended in Feb. 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 )
=( 66.138-67.538 )/( 205.34-44.5 )
=-1.4/160.84
=-0.87 %

* 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.


TONE Co  (TSE:5967) 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.


TONE Co 3-Year RORE % Related Terms

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TONE Co (TSE:5967) Business Description

Traded in Other Exchanges
N/A
Address
1-57, Minatomachi 2-Chome, Naniwa-Ku, Osaka, JPN, 556-0017
TONE Co Ltd is engaged in the manufacture of work tool for the professional automotive machine direction, and industrial construction and civil engineering development, manufacturing and sales of power tools and torque management devices.

TONE Co (TSE:5967) Headlines

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