GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Afentra PLC (LSE:AET) » Definitions » 3-Year RORE %

Afentra (LSE:AET) 3-Year RORE %

: 36.23% (As of Jun. 2023)
View and export this data going back to 1997. Start your Free Trial

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. Afentra's 3-Year RORE % for the quarter that ended in Jun. 2023 was 36.23%.

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

LSE:AET's 3-Year RORE % is ranked better than
72.54% of 954 companies
in the Oil & Gas industry
Industry Median: 9.905 vs LSE:AET: 36.23

Afentra 3-Year RORE % Historical Data

The historical data trend for Afentra'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.

Afentra Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
3-Year RORE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.77 -60.47 - 41.38 46.55

Afentra Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 30.43 41.38 36.84 46.55 36.23

Competitive Comparison

For the Oil & Gas E&P subindustry, Afentra'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.


Afentra 3-Year RORE % Distribution

For the Oil & Gas industry and Energy sector, Afentra's 3-Year RORE % distribution charts can be found below:

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



Afentra 3-Year RORE % Calculation

Afentra'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 )
=( -0.037--0.012 )/( -0.069-0 )
=-0.025/-0.069
=36.23 %

* 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.


Afentra  (LSE:AET) 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.


Afentra 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Afentra's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Afentra (LSE:AET) Business Description

Traded in Other Exchanges
Address
High Holborn House, 52-54 High Holborn, London, GBR, WC1V 6RL
Afentra PLC is an upstream oil and gas company operating in the United Kingdom. The company is engaged in the exploration and production of oil and gas with a primary focus on emerging markets including, Africa and the Middle East, and has a high-potential exploration asset the Odewayne Block covers a very large area onshore southwestern Somaliland, located adjacent to the border with Ethiopia.

Afentra (LSE:AET) Headlines

No Headlines