GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MISUMI Group Inc (TSE:9962) » Definitions » 3-Year RORE %

MISUMI Group (TSE:9962) 3-Year RORE % : -12.37% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is MISUMI Group 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. MISUMI Group's 3-Year RORE % for the quarter that ended in Mar. 2024 was -12.37%.

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

TSE:9962's 3-Year RORE % is ranked worse than
66.78% of 2836 companies
in the Industrial Products industry
Industry Median: 6.375 vs TSE:9962: -12.37

MISUMI Group 3-Year RORE % Historical Data

The historical data trend for MISUMI Group'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.

MISUMI Group 3-Year RORE % Chart

MISUMI Group 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 -18.28 -15.83 38.99 25.47 -12.37

MISUMI Group 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 25.47 7.24 -4.08 -8.73 -12.37

Competitive Comparison of MISUMI Group's 3-Year RORE %

For the Tools & Accessories subindustry, MISUMI Group'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.


MISUMI Group's 3-Year RORE % Distribution in the Industrial Products Industry

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

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



MISUMI Group 3-Year RORE % Calculation

MISUMI Group'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 )
=( 99.48-131.72 )/( 351.38-90.65 )
=-32.24/260.73
=-12.37 %

* 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.


MISUMI Group  (TSE:9962) 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.


MISUMI Group 3-Year RORE % Related Terms

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


MISUMI Group (TSE:9962) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

MISUMI Group (TSE:9962) Headlines

No Headlines