GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forum Energy Metals Corp (TSXV:FMC) » Definitions » 3-Year RORE %

Forum Energy Metals (TSXV:FMC) 3-Year RORE % : -11.76% (As of Feb. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Forum Energy Metals 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. Forum Energy Metals's 3-Year RORE % for the quarter that ended in Feb. 2024 was -11.76%.

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

TSXV:FMC's 3-Year RORE % is ranked worse than
51.19% of 2151 companies
in the Metals & Mining industry
Industry Median: -10.53 vs TSXV:FMC: -11.76

Forum Energy Metals 3-Year RORE % Historical Data

The historical data trend for Forum Energy Metals'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.

Forum Energy Metals 3-Year RORE % Chart

Forum Energy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.79 16.28 35.48 16.28 2.00

Forum Energy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 13.68 -4.95 -6.42 2.00 -11.76

Competitive Comparison of Forum Energy Metals's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Forum Energy Metals'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.


Forum Energy Metals's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Forum Energy Metals's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Forum Energy Metals's 3-Year RORE % falls into.



Forum Energy Metals 3-Year RORE % Calculation

Forum Energy Metals's 3-Year RORE % for the quarter that ended in Feb. 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 )
=( -0.028--0.04 )/( -0.102-0 )
=0.012/-0.102
=-11.76 %

* 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 Feb. 2024 and 3-year before.


Forum Energy Metals  (TSXV:FMC) 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.


Forum Energy Metals 3-Year RORE % Related Terms

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


Forum Energy Metals (TSXV:FMC) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.
Executives
Richard James Mazur Director, Senior Officer

Forum Energy Metals (TSXV:FMC) Headlines