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Morgan Advanced Materials (CHIX:MGAML) 10-Year RORE % : 17.49% (As of Dec. 2023)


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What is Morgan Advanced Materials 10-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. Morgan Advanced Materials's 10-Year RORE % for the quarter that ended in Dec. 2023 was 17.49%.

The industry rank for Morgan Advanced Materials's 10-Year RORE % or its related term are showing as below:

CHIX:MGAMl's 10-Year RORE % is ranked better than
68.97% of 1763 companies
in the Industrial Products industry
Industry Median: 7.63 vs CHIX:MGAMl: 17.49

Morgan Advanced Materials 10-Year RORE % Historical Data

The historical data trend for Morgan Advanced Materials's 10-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.

Morgan Advanced Materials 10-Year RORE % Chart

Morgan Advanced Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.92 -45.47 - 20.28 17.49

Morgan Advanced Materials Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
10-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 - 17.81 20.28 8.37 17.49

Competitive Comparison of Morgan Advanced Materials's 10-Year RORE %

For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials's 10-Year RORE %, along with its competitors' market caps and 10-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.


Morgan Advanced Materials's 10-Year RORE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Morgan Advanced Materials's 10-Year RORE % falls into.



Morgan Advanced Materials 10-Year RORE % Calculation

Morgan Advanced Materials's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 0.165-0.027 )/( 1.764-0.975 )
=0.138/0.789
=17.49 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Morgan Advanced Materials  (CHIX:MGAMl) 10-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, 10-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.


Morgan Advanced Materials 10-Year RORE % Related Terms

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Morgan Advanced Materials (CHIX:MGAML) Business Description

Traded in Other Exchanges
Address
Sheet Street, York House, Windsor, GBR, SL4 1DD
Morgan Advanced Materials PLC is a U.K.-based company that manufactures a wide array of specialized and high-specification materials. The company's product line includes high-temperature insulation products used to reduce energy consumption, electrical carbon, linear and rotary transfer systems used for transferring electrical energy in motor and generator applications, seals and bearings, ceramic cores, piezoelectric sensors and transducers, crucibles, and others. The company's customers come from sectors including healthcare, petrochemical, transportation, electronics, energy, security and defense, and other industrial applications. Morgan Advanced Materials has a global presence, with the United States being the largest markets for the company.

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