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Northview Residential REIT (TSX:NRR.UN) 3-Year RORE % : 101.06% (As of Mar. 2024)


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What is Northview Residential REIT 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. Northview Residential REIT's 3-Year RORE % for the quarter that ended in Mar. 2024 was 101.06%.

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

TSX:NRR.UN's 3-Year RORE % is ranked better than
81.19% of 723 companies
in the REITs industry
Industry Median: 11.22 vs TSX:NRR.UN: 101.06

Northview Residential REIT 3-Year RORE % Historical Data

The historical data trend for Northview Residential REIT'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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Northview Residential REIT 3-Year RORE % Chart

Northview Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - -55.11 3.02 - 91.16

Northview Residential REIT Quarterly Data
Dec17 Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 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 91.35 134.20 82.45 91.16 101.06

Competitive Comparison of Northview Residential REIT's 3-Year RORE %

For the REIT - Residential subindustry, Northview Residential REIT'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.


Northview Residential REIT's 3-Year RORE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Northview Residential REIT's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Northview Residential REIT's 3-Year RORE % falls into.



Northview Residential REIT 3-Year RORE % Calculation

Northview Residential REIT'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 )
=( 4.778--0.647 )/( 5.914-0.546 )
=5.425/5.368
=101.06 %

* 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.


Northview Residential REIT  (TSX:NRR.UN) 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.


Northview Residential REIT 3-Year RORE % Related Terms

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Northview Residential REIT (TSX:NRR.UN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6131 - 6th Street SE, Suite 200, Calgary, AB, CAN, T2H 1L9
Northview Residential REIT is a internally managed, traditional open-ended real estate investment trust. It acquires, owns, and operate, indirectly, a geographically diversified portfolio comprised of income producing multi-residential suites, commercial real estate, located predominantly in secondary markets in British Columbia, Alberta, Saskatchewan, Quebec, New Brunswick, Newfoundland and Labrador, the Northwest Territories, and Nunavut.

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