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AAVAS Financiers (BOM:541988) 3-Year RORE %

: 12.13% (As of Dec. 2023)
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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. AAVAS Financiers's 3-Year RORE % for the quarter that ended in Dec. 2023 was 12.13%.

The industry rank for AAVAS Financiers's 3-Year RORE % or its related term are showing as below:

BOM:541988's 3-Year RORE % is ranked better than
60.66% of 1398 companies
in the Banks industry
Industry Median: 5.305 vs BOM:541988: 12.13

AAVAS Financiers 3-Year RORE % Historical Data

The historical data trend for AAVAS Financiers's 3-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.

AAVAS Financiers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 22.77 15.15 11.82 13.05

AAVAS Financiers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year RORE % 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 Premium Member Only Premium Member Only Premium Member Only 15.55 13.05 13.40 11.89 12.13

Competitive Comparison

For the Mortgage Finance subindustry, AAVAS Financiers's 3-Year RORE %, along with its competitors' market caps and 3-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.


AAVAS Financiers 3-Year RORE % Distribution

For the Banks industry and Financial Services sector, AAVAS Financiers's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where AAVAS Financiers's 3-Year RORE % falls into.



AAVAS Financiers 3-Year RORE % Calculation

AAVAS Financiers's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 59.99-41.3 )/( 154.09-0 )
=18.69/154.09
=12.13 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


AAVAS Financiers  (BOM:541988) 3-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, 3-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.


AAVAS Financiers 3-Year RORE % Related Terms

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AAVAS Financiers (BOM:541988) Business Description

Traded in Other Exchanges
Address
Mansarover Industrial Area, 201-202, 2nd Floor, Southend Square, Jaipur, RJ, IND, 302 020
AAVAS Financiers Ltd is a housing finance company. The company provides housing loans to customers belonging to the low and middle-income and self-employed segments in suburban and rural India. Its only operating segment is Lending to borrowers. The company's product portfolio includes home loans, land purchases and construction, home improvement loans, home equity, micro, small, and medium enterprise loan, and others. It offers customers loans for the purchase or construction of residential properties and the extension and repair of existing housing units.

AAVAS Financiers (BOM:541988) Headlines

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