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Noritsu Koki Co (TSE:7744) 5-Year RORE % : 12.19% (As of Jun. 2024)


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What is Noritsu Koki Co 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. Noritsu Koki Co's 5-Year RORE % for the quarter that ended in Jun. 2024 was 12.19%.

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

TSE:7744's 5-Year RORE % is ranked better than
57.79% of 2144 companies
in the Hardware industry
Industry Median: 5.535 vs TSE:7744: 12.19

Noritsu Koki Co 5-Year RORE % Historical Data

The historical data trend for Noritsu Koki Co'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.

Noritsu Koki Co 5-Year RORE % Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.82 4.34 39.84 -0.90 76.85

Noritsu Koki Co 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 4.27 7.42 10.43 12.19 -

Competitive Comparison of Noritsu Koki Co's 5-Year RORE %

For the Consumer Electronics subindustry, Noritsu Koki Co'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.


Noritsu Koki Co's 5-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Noritsu Koki Co's 5-Year RORE % falls into.



Noritsu Koki Co 5-Year RORE % Calculation

Noritsu Koki Co's 5-Year RORE % for the quarter that ended in Jun. 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 )
=( 417.2-199.47 )/( 3951.12-281 )
=217.73/3670.12
=5.93 %

* 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 Jun. 2024 and 5-year before.


Noritsu Koki Co  (TSE:7744) 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.


Noritsu Koki Co 5-Year RORE % Related Terms

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Noritsu Koki Co Business Description

Traded in Other Exchanges
N/A
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

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