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Firm Capital Mortgage Investment (TSX:FC) 3-Year RORE % : 84.31% (As of Mar. 2024)


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What is Firm Capital Mortgage Investment 3-Year RORE %?

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. Firm Capital Mortgage Investment's 3-Year RORE % for the quarter that ended in Mar. 2024 was 84.31%.

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

TSX:FC's 3-Year RORE % is ranked better than
96.12% of 1392 companies
in the Banks industry
Industry Median: 5.165 vs TSX:FC: 84.31

Firm Capital Mortgage Investment 3-Year RORE % Historical Data

The historical data trend for Firm Capital Mortgage Investment'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.

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Firm Capital Mortgage Investment 3-Year RORE % Chart

Firm Capital Mortgage Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.11 -343.75 185.71 -85.71 89.47

Firm Capital Mortgage Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -500.00 1,450.00 26.19 89.47 84.31

Competitive Comparison of Firm Capital Mortgage Investment's 3-Year RORE %

For the Mortgage Finance subindustry, Firm Capital Mortgage Investment'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.


Firm Capital Mortgage Investment's 3-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Firm Capital Mortgage Investment's 3-Year RORE % falls into.



Firm Capital Mortgage Investment 3-Year RORE % Calculation

Firm Capital Mortgage Investment's 3-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( 0.979-0.936 )/( 2.859-2.808 )
=0.043/0.051
=84.31 %

* 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 Mar. 2024 and 3-year before.


Firm Capital Mortgage Investment  (TSX:FC) 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.


Firm Capital Mortgage Investment 3-Year RORE % Related Terms

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Firm Capital Mortgage Investment (TSX:FC) Business Description

Traded in Other Exchanges
Address
163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity and conventional real estate finance for include residential houses, small multi-family residential properties, mixed-use residential and others to the builder, developer, and real estate owner marketplace along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue mainly comprises Interest and fee income and commission fees arising from Canada and United States.
Executives
Ryan Lim Senior Officer

Firm Capital Mortgage Investment (TSX:FC) Headlines