GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikron Holding AG (XSWX:MIKN) » Definitions » 3-Year RORE %

Mikron Holding AG (XSWX:MIKN) 3-Year RORE % : 19.17% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Mikron Holding AG 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. Mikron Holding AG's 3-Year RORE % for the quarter that ended in Dec. 2023 was 19.17%.

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

XSWX:MIKN's 3-Year RORE % is ranked better than
64.01% of 2806 companies
in the Industrial Products industry
Industry Median: 6.08 vs XSWX:MIKN: 19.17

Mikron Holding AG 3-Year RORE % Historical Data

The historical data trend for Mikron Holding 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.

* Premium members only.

Mikron Holding AG 3-Year RORE % Chart

Mikron Holding AG 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 42.73 653.13 1,666.67 306.52 19.17

Mikron Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,666.67 641.18 306.52 29.33 19.17

Competitive Comparison of Mikron Holding AG's 3-Year RORE %

For the Specialty Industrial Machinery subindustry, Mikron Holding 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.


Mikron Holding AG's 3-Year RORE % Distribution in the Industrial Products Industry

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

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



Mikron Holding AG 3-Year RORE % Calculation

Mikron Holding AG's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 1.73-1.04 )/( 4.24-0.64 )
=0.69/3.6
=19.17 %

* 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.


Mikron Holding AG  (XSWX:MIKN) 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.


Mikron Holding AG 3-Year RORE % Related Terms

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


Mikron Holding AG (XSWX:MIKN) Business Description

Traded in Other Exchanges
Address
Muhlebrucke 2, Biel, CHE, CH-2502
Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

Mikron Holding AG (XSWX:MIKN) Headlines

No Headlines