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.
Shikoku Electric Power Co's 3-Year RORE % for the quarter that ended in Sep. 2024 was 87.53%.
The industry rank for Shikoku Electric Power Co's 3-Year RORE % or its related term are showing as below:
TSE:9507's 3-Year RORE % is ranked better than 89.07% of 494
companies
in the Utilities - Regulated industry
Industry Median: 7.65
vs TSE:9507: 87.53
Shikoku Electric Power Co 3-Year RORE % Historical Data
* 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 Shikoku Electric Power Co's 3-Year RORE %
For the Utilities - Regulated Electric subindustry, Shikoku Electric Power 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.
Shikoku Electric Power Co's 3-Year RORE % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shikoku Electric Power Co's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Shikoku Electric Power Co's 3-Year RORE % falls into.
Shikoku Electric Power Co 3-Year RORE % Calculation
* 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.
Shikoku Electric Power Co (TSE:9507) 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.
Shikoku Electric Power Co 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Shikoku Electric Power Co's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Shikoku Electric Power Co Inc also known as Yonden Group, is an electric utility company that supplies electric power to customers in the Japan's Shikoku region. The company's principal activity is generating, transmitting, and distributing electricity. Shikoku Electric produces energy through its portfolio of coal, nuclear, oil, hydroelectric, and natural gas power plants. Thermal and nuclear assets represent the majority of its electric power generation capacity. Shikoku Electric segments its operations into electric utility, IT/communications, and "other" divisions. The vast majority of the company's revenue is derived by selling electricity produced by coal-fueled facilities and transmitted to industrial and commercial customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:9507 has been successfully added to your 