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Central Securities (Central Securities) 3-Year RORE % : -73.73% (As of Dec. 2023)


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What is Central Securities 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. Central Securities's 3-Year RORE % for the quarter that ended in Dec. 2023 was -73.73%.

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

CET's 3-Year RORE % is ranked worse than
80.36% of 1538 companies
in the Asset Management industry
Industry Median: -1.49 vs CET: -73.73

Central Securities 3-Year RORE % Historical Data

The historical data trend for Central Securities'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.

Central Securities 3-Year RORE % Chart

Central Securities 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 24.80 54.61 18.66 -363.58 -73.73

Central Securities 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 18.66 -140.29 -363.58 -111.94 -73.73

Competitive Comparison of Central Securities's 3-Year RORE %

For the Asset Management subindustry, Central Securities'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.


Central Securities's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Central Securities's 3-Year RORE % distribution charts can be found below:

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



Central Securities 3-Year RORE % Calculation

Central Securities'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 )
=( 7.935-13.379 )/( 15.434-8.05 )
=-5.444/7.384
=-73.73 %

* 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.


Central Securities  (AMEX:CET) 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.


Central Securities 3-Year RORE % Related Terms

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Central Securities (Central Securities) Business Description

Traded in Other Exchanges
N/A
Address
630 Fifth Avenue, Suite 820, New York, NY, USA, 10111
Central Securities Corp is a non-diversified closed-end management investment company. Its investment objective is long-term growth of capital. The company invests primarily in common stocks, bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks, and corporations.
Executives
John C Hill officer: Vice President C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Andrew J O'neill officer: Vice President C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
David Martin Poppe director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Leo Price Blackford director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
David Charles Colander director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Marlene A Krumholz officer: Vice President & Secretary C/O CENTRAL SECURITIES CORP, 630 FIFTH AVE, NEW YORK NY 10111
Simms C Browning director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Donald G Calder director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AENUE, SUITE 820, NEW YORK NY 10111
Kidd Wilmot H Iv director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Jay R Inglis director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Walker C Carter Jr director C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Lawrence P Vogel officer: Vice President & Treasurer C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE SUITE 820, NEW YORK NY 10111
Charles N Edgerton officer: Vice President & Treasurer C/O CENTRAL SECURITIES CORP, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
William E Sheeline officer: Vice President CENTRAL SECURITIES CORP., 630 FIFTH AVE. SUITE 820, NEW YORK NY 10111
Johnson Christian A Endeavor Foundation 10 percent owner 1060 PARK AVE, NEW YORK NY 10028

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