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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.
Photon Energy NV's 3-Year RORE % for the quarter that ended in Mar. 2026 was 40.38%.
The industry rank for Photon Energy NV's 3-Year RORE % or its related term are showing as below:
WAR:PEN's 3-Year RORE % is ranked better than 68.95% of 963
companies
in the Semiconductors industry
Industry Median: 11.54
vs WAR:PEN: 40.38
Photon Energy NV (WAR:PEN) 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.
Photon Energy NV 3-Year RORE % Related Terms
Photon Energy NV 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Photon Energy NV'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.
WAR:PEN vs FSLR, NXT, ENPH: 3-Year RORE % Comparison
For the Solar subindustry, Photon Energy NV'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.
Photon Energy NV 3-Year RORE % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Photon Energy NV's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Photon Energy NV's 3-Year RORE % falls into.
* 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 Mar. 2026 and 3-year before.
Photon Energy NV (WAR:PEN) has a 3-Year RORE % of 40.38 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Photon Energy NV and its competitors. According to the industry distribution chart, Photon Energy NV ranks #299 out of 963 companies in the Semiconductors industry, placing it in the top 31%.
Is Photon Energy NV's 3-Year RORE % too high?
Photon Energy NV's current 3-Year RORE % is 40.38. The Semiconductors industry median 3-Year RORE % is 11.54. Photon Energy NV's value of 40.38 is 249.9% above this industry median. Based on the distribution chart, Photon Energy NV ranks #299 out of 963 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Photon Energy NV has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Photon Energy NV's 3-Year RORE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Photon Energy NV ranks #299 out of 963 companies for 3-Year RORE %. This puts Photon Energy NV in the upper half of its industry. The industry median 3-Year RORE % is 11.54. Photon Energy NV's value of 40.38 is 249.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Semiconductors company?
The median 3-Year RORE % among Semiconductors companies is 11.54, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Photon Energy NV's current 3-Year RORE % of 40.38 is 249.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Photon Energy NV and its competitors. For the Semiconductors industry, the median 3-Year RORE % is 11.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photon Energy NV's current 3-Year RORE % is 40.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photon Energy NV stock overvalued right now?
Based on GuruFocus' analysis, Photon Energy NV (WAR:PEN) is currently considered Possible Value Trap. The stock's GF Value™ is zł6.66, compared to a current price of zł1.19 — trading 82.1% below its estimated fair value. The current 3-Year RORE % is 40.38 and 249.9% above the Semiconductors industry median of 11.54. Photon Energy NV's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Photon Energy NV (WAR:PEN), the current 3-Year RORE % is 40.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Photon Energy NV (WAR:PEN) Overvalued in 2026?
Based on GuruFocus' analysis, Photon Energy NV stock appears to be undervalued.
The current stock price of zł1.19 is trading 82.1% below its estimated GF Value™ of zł6.66.
GuruFocus considers Photon Energy NV to be Possible Value Trap.
Key valuation signals for WAR:PEN:
3-Year RORE %: 40.38
GF Value™: zł6.66 vs. price of zł1.19 (82.1% below fair value)
Industry Position: 249.9% above the Semiconductors median (#299 of 963)
No single metric tells the full story. See the WAR:PEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations and Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, the Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.
54GF Score
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