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Econet Wireless Zimbabwe (XZIM:ECO.ZW) 5-Year RORE % : 111.10% (As of Feb. 2024)


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What is Econet Wireless Zimbabwe 5-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. Econet Wireless Zimbabwe's 5-Year RORE % for the quarter that ended in Feb. 2024 was 111.10%.

The industry rank for Econet Wireless Zimbabwe's 5-Year RORE % or its related term are showing as below:

XZIM:ECO.ZW's 5-Year RORE % is ranked better than
88.13% of 337 companies
in the Telecommunication Services industry
Industry Median: 8.17 vs XZIM:ECO.ZW: 111.10

Econet Wireless Zimbabwe 5-Year RORE % Historical Data

The historical data trend for Econet Wireless Zimbabwe's 5-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.

Econet Wireless Zimbabwe 5-Year RORE % Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only - - - 132.16 -

Econet Wireless Zimbabwe Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
5-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 - -19.79 132.16 111.10 -

Competitive Comparison of Econet Wireless Zimbabwe's 5-Year RORE %

For the Telecom Services subindustry, Econet Wireless Zimbabwe's 5-Year RORE %, along with its competitors' market caps and 5-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.


Econet Wireless Zimbabwe's 5-Year RORE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's 5-Year RORE % falls into.



Econet Wireless Zimbabwe 5-Year RORE % Calculation

Econet Wireless Zimbabwe's 5-Year RORE % for the quarter that ended in Feb. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( -448--2.37 )/( -564.422-1.6 )
=-445.63/-566.022
=78.73 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Feb. 2024 and 5-year before.


Econet Wireless Zimbabwe  (XZIM:ECO.ZW) 5-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, 5-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.


Econet Wireless Zimbabwe 5-Year RORE % Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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