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Mahindra & Mahindra Financial Services (NSE:M&MFIN) 3-Year RORE % : 11.81% (As of Mar. 2024)


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What is Mahindra & Mahindra Financial Services 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. Mahindra & Mahindra Financial Services's 3-Year RORE % for the quarter that ended in Mar. 2024 was 11.81%.

The industry rank for Mahindra & Mahindra Financial Services's 3-Year RORE % or its related term are showing as below:

NSE:M&MFIN's 3-Year RORE % is ranked better than
54.53% of 508 companies
in the Credit Services industry
Industry Median: 7.715 vs NSE:M&MFIN: 11.81

Mahindra & Mahindra Financial Services 3-Year RORE % Historical Data

The historical data trend for Mahindra & Mahindra Financial Services'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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Mahindra & Mahindra Financial Services 3-Year RORE % Chart

Mahindra & Mahindra Financial Services 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 1.96 -29.29 -14.60 29.60 11.81

Mahindra & Mahindra Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 27.91 29.60 81.05 30.35 11.81

Competitive Comparison of Mahindra & Mahindra Financial Services's 3-Year RORE %

For the Credit Services subindustry, Mahindra & Mahindra Financial Services'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.


Mahindra & Mahindra Financial Services's 3-Year RORE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mahindra & Mahindra Financial Services's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Mahindra & Mahindra Financial Services's 3-Year RORE % falls into.



Mahindra & Mahindra Financial Services 3-Year RORE % Calculation

Mahindra & Mahindra Financial Services'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 )
=( 12.74-9.19 )/( 40.47-10.4 )
=3.55/30.07
=11.81 %

* 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.


Mahindra & Mahindra Financial Services  (NSE:M&MFIN) 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.


Mahindra & Mahindra Financial Services 3-Year RORE % Related Terms

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Mahindra & Mahindra Financial Services (NSE:M&MFIN) Business Description

Traded in Other Exchanges
Address
Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018
Mahindra & Mahindra Financial Services Ltd is a subsidiary of the Indian conglomerate Mahinda & Mahindra. The company is a nonbanking financial company that serves the financing needs of a sizable population residing in nonmetropolitan areas of India. The company provides a wide range of retail products and services, including financing vehicles for commercial and personal use, tractors, small to medium enterprise loans, and other financial products. The company also operates in other niche markets. It has introduced mutual fund distributions, fixed deposit products, and personal loans. The company's main source of revenue is interest income from its loans.

Mahindra & Mahindra Financial Services (NSE:M&MFIN) Headlines

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