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Skellerup Holdings (NZSE:SKL) 3-Year RORE % : 22.50% (As of Dec. 2023)


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What is Skellerup Holdings 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. Skellerup Holdings's 3-Year RORE % for the quarter that ended in Dec. 2023 was 22.50%.

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

NZSE:SKL's 3-Year RORE % is ranked better than
67.74% of 2839 companies
in the Industrial Products industry
Industry Median: 6.04 vs NZSE:SKL: 22.50

Skellerup Holdings 3-Year RORE % Historical Data

The historical data trend for Skellerup Holdings'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.

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Skellerup Holdings 3-Year RORE % Chart

Skellerup Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.20 - 43.75 - 30.86

Skellerup Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 - - 125.44 30.86 22.50

Competitive Comparison of Skellerup Holdings's 3-Year RORE %

For the Specialty Industrial Machinery subindustry, Skellerup Holdings'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.


Skellerup Holdings's 3-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Skellerup Holdings's 3-Year RORE % distribution charts can be found below:

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



Skellerup Holdings 3-Year RORE % Calculation

Skellerup Holdings'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 )
=( 0.25-0.223 )/( 0.715-0.595 )
=0.027/0.12
=22.50 %

* 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.


Skellerup Holdings  (NZSE:SKL) 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.


Skellerup Holdings 3-Year RORE % Related Terms

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Skellerup Holdings (NZSE:SKL) Business Description

Traded in Other Exchanges
N/A
Address
Level 3, 205 Great South Road, Greenlane, Auckland, NTL, NZL, 1051
Skellerup Holdings Ltd is engaged in the providing of technical polymer and elastomer products for specialist industrial and agricultural applications. The company operates in three segments: Agri Division, which manufactures and distributes dairy rubber ware including milking liners, tubing, filters, & feeding teats; Industrial Division, which manufactures and distributes technical polymer products across a number of industrial markets. and Corporate Division The Corporate Division is not an operating segment, and includes the Parent company and other central administration expenses that have not been allocated to the Agri and Industrial Divisions. Its geographical segments include New Zealand, Australia, North America, Europe, the United Kingdom, Ireland, Asia, and others.

Skellerup Holdings (NZSE:SKL) Headlines

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