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LC-Tec Holding AB (NGM:LCT) 3-Year RORE %

: 21.79% (As of Sep. 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. LC-Tec Holding AB's 3-Year RORE % for the quarter that ended in Sep. 2023 was 21.79%.

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

NGM:LCT's 3-Year RORE % is ranked better than
65.64% of 2797 companies
in the Industrial Products industry
Industry Median: 6.12 vs NGM:LCT: 21.79

LC-Tec Holding AB 3-Year RORE % Historical Data

The historical data trend for LC-Tec Holding AB'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.

LC-Tec Holding AB 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 19.01 -6,600.00 124.67 -16.12 47.02

LC-Tec Holding AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 45.66 47.02 39.87 27.29 21.79

Competitive Comparison

For the Electrical Equipment & Parts subindustry, LC-Tec Holding AB'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.


LC-Tec Holding AB 3-Year RORE % Distribution

For the Industrial Products industry and Industrials sector, LC-Tec Holding AB's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where LC-Tec Holding AB's 3-Year RORE % falls into.



LC-Tec Holding AB 3-Year RORE % Calculation

LC-Tec Holding AB's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( -0.301--0.148 )/( -0.702-0 )
=-0.153/-0.702
=21.79 %

* 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 Sep. 2023 and 3-year before.


LC-Tec Holding AB  (NGM:LCT) 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.


LC-Tec Holding AB 3-Year RORE % Related Terms

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LC-Tec Holding AB (NGM:LCT) Business Description

Traded in Other Exchanges
N/A
Address
Tunavagen 281, Borlange, SWE, 781 73
LC-Tec Holding AB is a technology company. The company design and manufacture optical components based on liquid crystal technology (LC). Its products inlcude optical shutters, variable ND filters, polarization modulators, variable retarders, and information displays. The group applications are used 3D projections, direct-view 3D displays, photography and videography, industrial cameras and machine vision, smart eyewear, welding, laser attenuation, and research and development applications.

LC-Tec Holding AB (NGM:LCT) Headlines

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