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Forest Water Environmental Eng'g Co (TPE:8473) 3-Year RORE % : -9.62% (As of Mar. 2024)


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What is Forest Water Environmental Eng'g Co 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. Forest Water Environmental Eng'g Co's 3-Year RORE % for the quarter that ended in Mar. 2024 was -9.62%.

The industry rank for Forest Water Environmental Eng'g Co's 3-Year RORE % or its related term are showing as below:

TPE:8473's 3-Year RORE % is ranked worse than
59.35% of 214 companies
in the Waste Management industry
Industry Median: 0.515 vs TPE:8473: -9.62

Forest Water Environmental Eng'g Co 3-Year RORE % Historical Data

The historical data trend for Forest Water Environmental Eng'g Co'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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Forest Water Environmental Eng'g Co 3-Year RORE % Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.31 109.92 88.58 89.45 46.53

Forest Water Environmental Eng'g Co 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 87.81 67.71 45.16 46.53 -9.62

Competitive Comparison of Forest Water Environmental Eng'g Co's 3-Year RORE %

For the Waste Management subindustry, Forest Water Environmental Eng'g Co'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.


Forest Water Environmental Eng'g Co's 3-Year RORE % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Forest Water Environmental Eng'g Co's 3-Year RORE % falls into.



Forest Water Environmental Eng'g Co 3-Year RORE % Calculation

Forest Water Environmental Eng'g Co'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 )
=( 1.08-0.84 )/( -0.71-1.785 )
=0.24/-2.495
=-9.62 %

* 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.


Forest Water Environmental Eng'g Co  (TPE:8473) 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.


Forest Water Environmental Eng'g Co 3-Year RORE % Related Terms

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Forest Water Environmental Eng'g Co (TPE:8473) Business Description

Traded in Other Exchanges
N/A
Address
Number 99 Jilin Road, 3rd Floor, Zhongshan District, Taipei, TWN
Forest Water Environmental Eng'g Co Ltd is engaged in desalination engineering, wastewater recycling & reuse and water purification process, and sewage treatment. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.

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