GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ARAYA INDUSTRIAL Co Ltd (TSE:7305) » Definitions » 3-Year RORE %

ARAYA INDUSTRIAL Co (TSE:7305) 3-Year RORE % : -0.33% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is ARAYA INDUSTRIAL 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. ARAYA INDUSTRIAL Co's 3-Year RORE % for the quarter that ended in Dec. 2023 was -0.33%.

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

TSE:7305's 3-Year RORE % is ranked better than
51.09% of 595 companies
in the Steel industry
Industry Median: -3.72 vs TSE:7305: -0.33

ARAYA INDUSTRIAL Co 3-Year RORE % Historical Data

The historical data trend for ARAYA INDUSTRIAL 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.

ARAYA INDUSTRIAL Co 3-Year RORE % Chart

ARAYA INDUSTRIAL Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 -32.44 -9.38 53.72 30.48

ARAYA INDUSTRIAL Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.35 30.48 17.69 13.87 -0.33

Competitive Comparison of ARAYA INDUSTRIAL Co's 3-Year RORE %

For the Steel subindustry, ARAYA INDUSTRIAL 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.


ARAYA INDUSTRIAL Co's 3-Year RORE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ARAYA INDUSTRIAL Co's 3-Year RORE % distribution charts can be found below:

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



ARAYA INDUSTRIAL Co 3-Year RORE % Calculation

ARAYA INDUSTRIAL Co's 3-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 374.887-378.599 )/( 1310.567-175 )
=-3.712/1135.567
=-0.33 %

* 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.


ARAYA INDUSTRIAL Co  (TSE:7305) 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.


ARAYA INDUSTRIAL Co 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of ARAYA INDUSTRIAL Co's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


ARAYA INDUSTRIAL Co (TSE:7305) Business Description

Traded in Other Exchanges
N/A
Address
12-12 Minamisenba, Chuo-ku, Osaka, JPN, 542-0081
ARAYA INDUSTRIAL CO., Ltd. is engaged in the manufacturing and selling of high-quality, high-performance iron, stainless steel pipe and others by metal processing technology Roll Forming. Its product offering includes steel pipe, welfare equipment, rim for the bicycle, pipe cutting machine, pipe/sheet metal processing machine and other special purpose machines. The company's products are used in a wide range of fields including automobiles, motorcycles, bicycles, buildings, furniture, industrial machinery, welfare equipment, and logistics equipment.

ARAYA INDUSTRIAL Co (TSE:7305) Headlines

No Headlines