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Jemtec (TSXV:JTC) 10-Year RORE % : 19.39% (As of Jan. 2024)


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What is Jemtec 10-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. Jemtec's 10-Year RORE % for the quarter that ended in Jan. 2024 was 19.39%.

The industry rank for Jemtec's 10-Year RORE % or its related term are showing as below:

TSXV:JTC's 10-Year RORE % is ranked better than
70.56% of 1637 companies
in the Hardware industry
Industry Median: 5.84 vs TSXV:JTC: 19.39

Jemtec 10-Year RORE % Historical Data

The historical data trend for Jemtec's 10-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.

Jemtec 10-Year RORE % Chart

Jemtec Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -83.08 -291.57 125.73 47.44 11.48

Jemtec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
10-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 23.69 15.65 11.48 15.11 19.39

Competitive Comparison of Jemtec's 10-Year RORE %

For the Scientific & Technical Instruments subindustry, Jemtec's 10-Year RORE %, along with its competitors' market caps and 10-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.


Jemtec's 10-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jemtec's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Jemtec's 10-Year RORE % falls into.



Jemtec 10-Year RORE % Calculation

Jemtec's 10-Year RORE % for the quarter that ended in Jan. 2024 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -0.024--0.12 )/( 0.495-0 )
=0.096/0.495
=19.39 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2024 and 10-year before.


Jemtec  (TSXV:JTC) 10-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, 10-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.


Jemtec 10-Year RORE % Related Terms

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Jemtec (TSXV:JTC) Business Description

Traded in Other Exchanges
N/A
Address
38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2
Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.

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