GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Zen Technologies Ltd (BOM:533339) » Definitions » 3-Year RORE %

Zen Technologies (BOM:533339) 3-Year RORE % : 73.96% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Zen Technologies 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. Zen Technologies's 3-Year RORE % for the quarter that ended in Mar. 2024 was 73.96%.

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

BOM:533339's 3-Year RORE % is ranked better than
88.01% of 292 companies
in the Aerospace & Defense industry
Industry Median: 5.695 vs BOM:533339: 73.96

Zen Technologies 3-Year RORE % Historical Data

The historical data trend for Zen Technologies'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.

Zen Technologies 3-Year RORE % Chart

Zen Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.64 -13.91 -98.58 91.64 73.96

Zen Technologies 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 91.64 86.00 82.71 82.98 73.96

Competitive Comparison of Zen Technologies's 3-Year RORE %

For the Aerospace & Defense subindustry, Zen Technologies'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.


Zen Technologies's 3-Year RORE % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Zen Technologies's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Zen Technologies's 3-Year RORE % falls into.



Zen Technologies 3-Year RORE % Calculation

Zen Technologies'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 )
=( 15.33-0.258 )/( 20.778-0.4 )
=15.072/20.378
=73.96 %

* 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.


Zen Technologies  (BOM:533339) 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.


Zen Technologies 3-Year RORE % Related Terms

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


Zen Technologies (BOM:533339) Business Description

Traded in Other Exchanges
Address
B-42, Industrial Estate, Sanathnagar, Hyderabad, TG, IND, 500018
Zen Technologies Ltd is engaged in the design, development, and manufacture of training simulators. The products of the company are; Weapon Simulator, Hand Grenade Simulator, Driving Training Simulator, BMP-II Driving Simulator, Forward Observer Simulator, Tactical Engagement Simulator and among others. The firm offers its products to police and paramilitary forces, armed forces, security forces, government departments, such as transport, mining, infrastructure, and civilian markets. It operates through Training and Simulation segment. The company caters to both domestic and international markets.

Zen Technologies (BOM:533339) Headlines

No Headlines