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South Harz Potash (ASX:SHP) 5-Year RORE % : 16.48% (As of Dec. 2023)


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What is South Harz Potash 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. South Harz Potash's 5-Year RORE % for the quarter that ended in Dec. 2023 was 16.48%.

The industry rank for South Harz Potash's 5-Year RORE % or its related term are showing as below:

ASX:SHP's 5-Year RORE % is ranked better than
75.56% of 1874 companies
in the Metals & Mining industry
Industry Median: -4.67 vs ASX:SHP: 16.48

South Harz Potash 5-Year RORE % Historical Data

The historical data trend for South Harz Potash'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.

* Premium members only.

South Harz Potash 5-Year RORE % Chart

South Harz Potash Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
5-Year RORE %
Get a 7-Day Free Trial - - - - 3.70

South Harz Potash Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 6.33 3.70 16.48

Competitive Comparison of South Harz Potash's 5-Year RORE %

For the Other Industrial Metals & Mining subindustry, South Harz Potash'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.


South Harz Potash's 5-Year RORE % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where South Harz Potash's 5-Year RORE % falls into.



South Harz Potash 5-Year RORE % Calculation

South Harz Potash's 5-Year RORE % for the quarter that ended in Dec. 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 )
=( -0.028--0.013 )/( -0.091-0 )
=-0.015/-0.091
=16.48 %

* 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 Dec. 2023 and 5-year before.


South Harz Potash  (ASX:SHP) 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.


South Harz Potash 5-Year RORE % Related Terms

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South Harz Potash (ASX:SHP) Business Description

Traded in Other Exchanges
Address
6-10 Douro Place, Unit 13, West Perth, Perth, WA, AUS, 6005
South Harz Potash Ltd specializes in the development of potash mining projects. It holds perpetual mining licences in Ohmgebirge, Ebelebenand Muhlhausen-Nohra, and exploration licences in Kullstedt and Grafentonna, in the South Harz Potash District in north-western Thuringia, central Germany. It has one operating segment, mining and exploration operations.

South Harz Potash (ASX:SHP) Headlines

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