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Daiwa Office Investment (TSE:8976) 5-Year RORE % : 54.43% (As of Nov. 2023)


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What is Daiwa Office Investment 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. Daiwa Office Investment's 5-Year RORE % for the quarter that ended in Nov. 2023 was 54.43%.

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

TSE:8976's 5-Year RORE % is ranked better than
77.37% of 623 companies
in the REITs industry
Industry Median: 3.93 vs TSE:8976: 54.43

Daiwa Office Investment 5-Year RORE % Historical Data

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment 5-Year RORE % Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 586.60 581.76 348.90 277.91 125.76

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 277.91 154.99 125.76 84.89 54.43

Competitive Comparison of Daiwa Office Investment's 5-Year RORE %

For the REIT - Office subindustry, Daiwa Office Investment'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.


Daiwa Office Investment's 5-Year RORE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa Office Investment's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Daiwa Office Investment's 5-Year RORE % falls into.



Daiwa Office Investment 5-Year RORE % Calculation

Daiwa Office Investment's 5-Year RORE % for the quarter that ended in Nov. 2023 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 )
=( 27792.3-25698 )/( 140057.8-136210 )
=2094.3/3847.8
=54.43 %

* 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 Nov. 2023 and 5-year before.


Daiwa Office Investment  (TSE:8976) 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.


Daiwa Office Investment 5-Year RORE % Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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