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.
Ceres Global Ag's 3-Year RORE % for the quarter that ended in Dec. 2023 was -1,712.20%.
The industry rank for Ceres Global Ag's 3-Year RORE % or its related term are showing as below:
TSX:CRP's 3-Year RORE % is ranked worse than 99.66% of 294
companies
in the Retail - Defensive industry
Industry Median: 7.515
vs TSX:CRP: -1712.20
Ceres Global Ag 3-Year RORE % Historical Data
The historical data trend for Ceres Global Ag'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.
Competitive Comparison of Ceres Global Ag's 3-Year RORE %
For the Food Distribution subindustry, Ceres Global Ag'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.
Ceres Global Ag's 3-Year RORE % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Ceres Global Ag's 3-Year RORE % falls into.
Ceres Global Ag 3-Year RORE % Calculation
Ceres Global Ag's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Ceres Global Ag (TSX:CRP) 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.
Ceres Global Ag 3-Year RORE % Related Terms
Thank you for viewing the detailed overview of Ceres Global Ag's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.
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