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Burcon NutraScience (FRA:BNE) 3-Year RORE % : 54.70% (As of Jun. 2023)


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Burcon NutraScience 3-Year RORE % Definition

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. Burcon NutraScience's 3-Year RORE % for the quarter that ended in Jun. 2023 was 54.70%.

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

FRA:BNE's 3-Year RORE % is ranked better than
83.34% of 1759 companies
in the Consumer Packaged Goods industry
Industry Median: 2.06 vs FRA:BNE: 54.70

Burcon NutraScience 3-Year RORE % Historical Data

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience 3-Year RORE % Chart

Burcon NutraScience Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.26 -7.78 -46.49 8.18 69.16

Burcon NutraScience Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
3-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 26.67 59.56 - 69.16 54.70

Competitive Comparison of Burcon NutraScience's 3-Year RORE %

For the Packaged Foods subindustry, Burcon NutraScience'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.


Burcon NutraScience 3-Year RORE % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Burcon NutraScience's 3-Year RORE % distribution charts can be found below:

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



Burcon NutraScience 3-Year RORE % Calculation

Burcon NutraScience's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( -0.148--0.02 )/( -0.234-0 )
=-0.128/-0.234
=54.70 %

* 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 Jun. 2023 and 3-year before.


Burcon NutraScience  (FRA:BNE) 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.


Burcon NutraScience 3-Year RORE % Related Terms

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Burcon NutraScience (FRA:BNE) Business Description

Traded in Other Exchanges
Address
1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2
Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With over 290 issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.

Burcon NutraScience (FRA:BNE) Headlines