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Sable Exploration And Mining (JSE:SXM) 5-Year RORE % : 21.14% (As of Aug. 2023)


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What is Sable Exploration And Mining 5-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. Sable Exploration And Mining's 5-Year RORE % for the quarter that ended in Aug. 2023 was 21.14%.

The industry rank for Sable Exploration And Mining's 5-Year RORE % or its related term are showing as below:

JSE:SXM's 5-Year RORE % is ranked better than
79.09% of 1860 companies
in the Metals & Mining industry
Industry Median: -4.995 vs JSE:SXM: 21.14

Sable Exploration And Mining 5-Year RORE % Historical Data

The historical data trend for Sable Exploration And Mining's 5-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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Sable Exploration And Mining 5-Year RORE % Chart

Sable Exploration And Mining Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.16 25.48 -25.13 19.30 20.08

Sable Exploration And Mining Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
5-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 -20.44 19.30 20.19 20.08 21.14

Competitive Comparison of Sable Exploration And Mining's 5-Year RORE %

For the Other Precious Metals & Mining subindustry, Sable Exploration And Mining's 5-Year RORE %, along with its competitors' market caps and 5-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.


Sable Exploration And Mining's 5-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sable Exploration And Mining's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Sable Exploration And Mining's 5-Year RORE % falls into.



Sable Exploration And Mining 5-Year RORE % Calculation

Sable Exploration And Mining's 5-Year RORE % for the quarter that ended in Aug. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( -1.605--0.51 )/( -5.179-0 )
=-1.095/-5.179
=21.14 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Aug. 2023 and 5-year before.


Sable Exploration And Mining  (JSE:SXM) 5-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, 5-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.


Sable Exploration And Mining 5-Year RORE % Related Terms

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Sable Exploration And Mining (JSE:SXM) Business Description

Traded in Other Exchanges
N/A
Address
85 Protea Road, Kingsley Office Park, Chistlehurston, Sandton, GT, ZAF, 2192
Sable Exploration And Mining Ltd formerly Middle East Diamond Resources Ltd is an investment and management company with trading subsidiaries engaged in the exploration, prospecting, development and mining of mineral resources.

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