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.
Comet Holding AG's 5-Year RORE % for the quarter that ended in Dec. 2023 was 2.84%.
The industry rank for Comet Holding AG's 5-Year RORE % or its related term are showing as below:
XSWX:COTN's 5-Year RORE % is ranked worse than 54.75% of 2137
companies
in the Hardware industry
Industry Median: 7.17
vs XSWX:COTN: 2.84
Comet Holding AG 5-Year RORE % Historical Data
The historical data trend for Comet Holding AG'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.
Competitive Comparison of Comet Holding AG's 5-Year RORE %
For the Scientific & Technical Instruments subindustry, Comet Holding AG'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.
Comet Holding AG's 5-Year RORE % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Comet Holding AG's 5-Year RORE % distribution charts can be found below:
* The bar in red indicates where Comet Holding AG's 5-Year RORE % falls into.
Comet Holding AG 5-Year RORE % Calculation
Comet Holding AG's 5-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:
* 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 Dec. 2023 and 5-year before.
Comet Holding AG (XSWX:COTN) 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.
Comet Holding AG 5-Year RORE % Related Terms
Thank you for viewing the detailed overview of Comet Holding AG's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Comet Holding AG is a vendor of x-ray, radio frequency (RF) power and ebeam technology. It markets its systems and services, under the Comet, Yxlon and ebeam brands. Yxlon x-ray systems for non-destructive testing are supplied to end customers in the automotive, aerospace, electronics and energy sectors. Under the Comet brand, the group builds components and modules such as x-ray sources, vacuum capacitors, RF generators and impedance matching networks, marketed to manufacturers in the automotive, aerospace, semiconductor and solar industries as well as the security sector. Under the ebeam brand, the group develops and markets compact ebeam sets for the treatment of surfaces in the food and printing industries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XSWX:COTN has been successfully added to your 