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Wattana Karnpaet PCL (BKK:NEW) 3-Year RORE % : 39.06% (As of Mar. 2024)


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What is Wattana Karnpaet PCL 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. Wattana Karnpaet PCL's 3-Year RORE % for the quarter that ended in Mar. 2024 was 39.06%.

The industry rank for Wattana Karnpaet PCL's 3-Year RORE % or its related term are showing as below:

BKK:NEW's 3-Year RORE % is ranked better than
80.34% of 590 companies
in the Healthcare Providers & Services industry
Industry Median: -0.36 vs BKK:NEW: 39.06

Wattana Karnpaet PCL 3-Year RORE % Historical Data

The historical data trend for Wattana Karnpaet PCL'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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Wattana Karnpaet PCL 3-Year RORE % Chart

Wattana Karnpaet PCL 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 -2.99 -77.16 -45.92 93.86 39.06

Wattana Karnpaet PCL 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 77.98 76.42 51.14 39.06 -

Competitive Comparison of Wattana Karnpaet PCL's 3-Year RORE %

For the Medical Care Facilities subindustry, Wattana Karnpaet PCL'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.


Wattana Karnpaet PCL's 3-Year RORE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Wattana Karnpaet PCL's 3-Year RORE % falls into.



Wattana Karnpaet PCL 3-Year RORE % Calculation

Wattana Karnpaet PCL'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 )
=( 5.354-3.644 )/( 17.293-4.35 )
=1.71/12.943
=13.21 %

* 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.


Wattana Karnpaet PCL  (BKK:NEW) 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.


Wattana Karnpaet PCL 3-Year RORE % Related Terms

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Wattana Karnpaet PCL (BKK:NEW) Business Description

Traded in Other Exchanges
N/A
Address
70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital, It has a single segment of operation namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms which are derived from the provision of services to various types and a large number of customers. The company operates in a single geographic segment which is Thailand.

Wattana Karnpaet PCL (BKK:NEW) Headlines

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