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Canadian Life Split (TSX:LFE) 10-Year RORE % : -202.23% (As of Nov. 2022)


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What is Canadian Life Split 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. Canadian Life Split's 10-Year RORE % for the quarter that ended in Nov. 2022 was -202.23%.

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

TSX:LFE's 10-Year RORE % is ranked worse than
97.21% of 824 companies
in the Asset Management industry
Industry Median: 5.26 vs TSX:LFE: -202.23

Canadian Life Split 10-Year RORE % Historical Data

The historical data trend for Canadian Life Split'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.

Canadian Life Split 10-Year RORE % Chart

Canadian Life Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -393.43 -71.56 7.55 -202.23 -

Canadian Life Split Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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 -376.15 7.55 -177.13 -202.23 -

Competitive Comparison of Canadian Life Split's 10-Year RORE %

For the Asset Management subindustry, Canadian Life Split'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.


Canadian Life Split's 10-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Life Split's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Canadian Life Split's 10-Year RORE % falls into.



Canadian Life Split 10-Year RORE % Calculation

Canadian Life Split's 10-Year RORE % for the quarter that ended in Nov. 2022 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 )
=( - )/( 1.215-1.643 )
=/-0.428
=0.00 %

* 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 Nov. 2022 and 10-year before.


Canadian Life Split  (TSX:LFE) 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.


Canadian Life Split 10-Year RORE % Related Terms

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Canadian Life Split (TSX:LFE) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Canadian Life Companies Split Corp is an investment management firm. The company invests in an actively managed portfolio of common shares comprised of four core large-capitalization Canadian life insurance companies. The firm's objective is to provide holders of Preferred shares with a cumulative preferential floating rate monthly dividend.

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