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First Phosphate (XCNQ:PHOS) 3-Year RORE % : -10.57% (As of Nov. 2024)


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What is First Phosphate 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. First Phosphate's 3-Year RORE % for the quarter that ended in Nov. 2024 was -10.57%.

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

XCNQ:PHOS's 3-Year RORE % is ranked worse than
50.04% of 2288 companies
in the Metals & Mining industry
Industry Median: -10.55 vs XCNQ:PHOS: -10.57

First Phosphate 3-Year RORE % Historical Data

The historical data trend for First Phosphate'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.

First Phosphate 3-Year RORE % Chart

First Phosphate Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 55.69 -

First Phosphate Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.23 - -6.10 -8.37 -10.57

Competitive Comparison of First Phosphate's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


First Phosphate's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Phosphate's 3-Year RORE % distribution charts can be found below:

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



First Phosphate 3-Year RORE % Calculation

First Phosphate's 3-Year RORE % for the quarter that ended in Nov. 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 )
=( -0.142--0.19 )/( -0.454-0 )
=0.048/-0.454
=-10.57 %

* 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 Nov. 2024 and 3-year before.


First Phosphate  (XCNQ:PHOS) 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.


First Phosphate 3-Year RORE % Related Terms

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First Phosphate Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material (CAM) for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
Executives
Peter Nicholson Director
John Passalacqua 10% Security Holder, Director, Senior Officer
Laurence Wayne Zeifman Director
Glen Eagle Resources Inc. 10% Security Holder

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