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Jay Jalaram Technologies (NSE:KORE) 3-Year RORE % : 35.21% (As of Sep. 2023)


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What is Jay Jalaram 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. Jay Jalaram Technologies's 3-Year RORE % for the quarter that ended in Sep. 2023 was 35.21%.

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

NSE:KORE's 3-Year RORE % is ranked better than
74.28% of 1042 companies
in the Retail - Cyclical industry
Industry Median: 5.6 vs NSE:KORE: 35.21

Jay Jalaram Technologies 3-Year RORE % Historical Data

The historical data trend for Jay Jalaram 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.

Jay Jalaram Technologies 3-Year RORE % Chart

Jay Jalaram Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
3-Year RORE %
- - 139.57 70.48 -

Jay Jalaram Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
3-Year RORE % Get a 7-Day Free Trial - 70.48 - - 35.21

Competitive Comparison of Jay Jalaram Technologies's 3-Year RORE %

For the Internet Retail subindustry, Jay Jalaram 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.


Jay Jalaram Technologies's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jay Jalaram Technologies's 3-Year RORE % distribution charts can be found below:

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



Jay Jalaram Technologies 3-Year RORE % Calculation

Jay Jalaram Technologies's 3-Year RORE % for the quarter that ended in Sep. 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 )
=( 2.04-0.71 )/( 3.777-0 )
=1.33/3.777
=35.21 %

* 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 Sep. 2023 and 3-year before.


Jay Jalaram Technologies  (NSE:KORE) 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.


Jay Jalaram Technologies 3-Year RORE % Related Terms

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Jay Jalaram Technologies (NSE:KORE) Business Description

Traded in Other Exchanges
N/A
Address
Shilp Char Rasta, C. G. Road, Office No.103, Shail Mall, B/H. Girish Cold Drink, Navrangpura, Ahmedabad, GJ, IND, 380009
Jay Jalaram Technologies Ltd is engaged in multi-brand retail selling of smartphones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers, etc. from brands like TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. The company operates under the brand name Kore Mobile. The company operates in two segments; Electronic Gadgets and Electric Vehicles. The Majority of revenue is derived from the Trading of the Electronic Gadgets Segment.