GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Acrylics Ltd (NSE:VARDHACRLC) » Definitions » 10-Year RORE %

Vardhman Acrylics (NSE:VARDHACRLC) 10-Year RORE % : -120.41% (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Vardhman Acrylics 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. Vardhman Acrylics's 10-Year RORE % for the quarter that ended in Mar. 2024 was -120.41%.

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

NSE:VARDHACRLC's 10-Year RORE % is ranked worse than
95.01% of 781 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.7 vs NSE:VARDHACRLC: -120.41

Vardhman Acrylics 10-Year RORE % Historical Data

The historical data trend for Vardhman Acrylics'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.

Vardhman Acrylics 10-Year RORE % Chart

Vardhman Acrylics Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.07 -12.04 -9.41 -120.41

Vardhman Acrylics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -9.41 -23.36 -74.16 -135.59 -120.41

Competitive Comparison of Vardhman Acrylics's 10-Year RORE %

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


Vardhman Acrylics's 10-Year RORE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Acrylics's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Vardhman Acrylics's 10-Year RORE % falls into.



Vardhman Acrylics 10-Year RORE % Calculation

Vardhman Acrylics's 10-Year RORE % for the quarter that ended in Mar. 2024 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 )
=( 2.19-3.6 )/( 40.671-39.5 )
=-1.41/1.171
=-120.41 %

* 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 Mar. 2024 and 10-year before.


Vardhman Acrylics  (NSE:VARDHACRLC) 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.


Vardhman Acrylics 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Vardhman Acrylics's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vardhman Acrylics (NSE:VARDHACRLC) Business Description

Traded in Other Exchanges
N/A
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others.

Vardhman Acrylics (NSE:VARDHACRLC) Headlines

No Headlines