GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (LTS:0MQG) » Definitions » 5-Year RORE %

Mycronic AB (LTS:0MQG) 5-Year RORE % : 34.81% (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Mycronic AB 5-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. Mycronic AB's 5-Year RORE % for the quarter that ended in Sep. 2024 was 34.81%.

The industry rank for Mycronic AB's 5-Year RORE % or its related term are showing as below:

LTS:0MQG's 5-Year RORE % is ranked better than
76.46% of 2502 companies
in the Industrial Products industry
Industry Median: 10.335 vs LTS:0MQG: 34.81

Mycronic AB 5-Year RORE % Historical Data

The historical data trend for Mycronic AB's 5-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.

Mycronic AB 5-Year RORE % Chart

Mycronic AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.70 5.38 6.19 -1.44 4.80

Mycronic AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
5-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 -3.65 4.80 23.90 33.99 34.81

Competitive Comparison of Mycronic AB's 5-Year RORE %

For the Specialty Industrial Machinery subindustry, Mycronic AB's 5-Year RORE %, along with its competitors' market caps and 5-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.


Mycronic AB's 5-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mycronic AB's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Mycronic AB's 5-Year RORE % falls into.



Mycronic AB 5-Year RORE % Calculation

Mycronic AB's 5-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 17.75-6.81 )/( 47.43-16 )
=10.94/31.43
=34.81 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 5-year before.


Mycronic AB  (LTS:0MQG) 5-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, 5-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.


Mycronic AB 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of Mycronic AB's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mycronic AB Business Description

Traded in Other Exchanges
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of photomasks for displays; The High Flex division, which develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation.

Mycronic AB Headlines

No Headlines