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Gresham House Energy Storage Fund (LSE:GRID) 3-Year RORE % : -174.46% (As of Dec. 2023)


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What is Gresham House Energy Storage Fund 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. Gresham House Energy Storage Fund's 3-Year RORE % for the quarter that ended in Dec. 2023 was -174.46%.

The industry rank for Gresham House Energy Storage Fund's 3-Year RORE % or its related term are showing as below:

LSE:GRID's 3-Year RORE % is ranked worse than
91.02% of 1536 companies
in the Asset Management industry
Industry Median: -0.89 vs LSE:GRID: -174.46

Gresham House Energy Storage Fund 3-Year RORE % Historical Data

The historical data trend for Gresham House Energy Storage Fund'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.

Gresham House Energy Storage Fund 3-Year RORE % Chart

Gresham House Energy Storage Fund Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
- - - - -174.46

Gresham House Energy Storage Fund Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial - - - - -174.46

Competitive Comparison of Gresham House Energy Storage Fund's 3-Year RORE %

For the Asset Management subindustry, Gresham House Energy Storage Fund'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.


Gresham House Energy Storage Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gresham House Energy Storage Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Gresham House Energy Storage Fund's 3-Year RORE % falls into.



Gresham House Energy Storage Fund 3-Year RORE % Calculation

Gresham House Energy Storage Fund's 3-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( -0.197-0.206 )/( 0.444-0.213 )
=-0.403/0.231
=-174.46 %

* 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 Dec. 2023 and 3-year before.


Gresham House Energy Storage Fund  (LSE:GRID) 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.


Gresham House Energy Storage Fund 3-Year RORE % Related Terms

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Gresham House Energy Storage Fund (LSE:GRID) Business Description

Traded in Other Exchanges
Address
52 Lime Street, The Scalpel, 18th Floor, London, GBR, EC3M 7AF
Gresham House Energy Storage Fund PLC is a closed-ended investment company. It invests in a diversified portfolio of operating utility-scale Battery Energy Storage Systems (BESS), which utilize batteries and may also utilize generators in Great Britain.

Gresham House Energy Storage Fund (LSE:GRID) Headlines