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Oceanic Iron Ore (TSXV:FEO) 5-Year RORE % : -10.00% (As of Mar. 2024)


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What is Oceanic Iron Ore 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. Oceanic Iron Ore's 5-Year RORE % for the quarter that ended in Mar. 2024 was -10.00%.

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

TSXV:FEO's 5-Year RORE % is ranked worse than
58.45% of 1882 companies
in the Metals & Mining industry
Industry Median: -4.53 vs TSXV:FEO: -10.00

Oceanic Iron Ore 5-Year RORE % Historical Data

The historical data trend for Oceanic Iron Ore'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.

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Oceanic Iron Ore 5-Year RORE % Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.32 6.49 -54.74 -13.89 -40.00

Oceanic Iron Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -27.78 -50.00 -98.08 -40.00 -10.00

Competitive Comparison of Oceanic Iron Ore's 5-Year RORE %

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore's 5-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oceanic Iron Ore's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Oceanic Iron Ore's 5-Year RORE % falls into.



Oceanic Iron Ore 5-Year RORE % Calculation

Oceanic Iron Ore's 5-Year RORE % for the quarter that ended in Mar. 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 )
=( 0.012-0.009 )/( -0.03-0 )
=0.003/-0.03
=-10.00 %

* 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 Mar. 2024 and 5-year before.


Oceanic Iron Ore  (TSXV:FEO) 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.


Oceanic Iron Ore 5-Year RORE % Related Terms

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Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director