GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Provaris Energy Ltd (ASX:PV1) » Definitions » 10-Year RORE %

Provaris Energy (ASX:PV1) 10-Year RORE % : -45.85% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Provaris Energy 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. Provaris Energy's 10-Year RORE % for the quarter that ended in Dec. 2023 was -45.85%.

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

ASX:PV1's 10-Year RORE % is ranked worse than
81.43% of 770 companies
in the Oil & Gas industry
Industry Median: -3.735 vs ASX:PV1: -45.85

Provaris Energy 10-Year RORE % Historical Data

The historical data trend for Provaris Energy'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.

Provaris Energy 10-Year RORE % Chart

Provaris Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.10 -28.54 -61.27 -52.40 -

Provaris Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -61.27 -62.79 -52.40 -45.85 -

Competitive Comparison of Provaris Energy's 10-Year RORE %

For the Oil & Gas E&P subindustry, Provaris Energy'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.


Provaris Energy's 10-Year RORE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Provaris Energy's 10-Year RORE % distribution charts can be found below:

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



Provaris Energy 10-Year RORE % Calculation

Provaris Energy's 10-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( -0.011--0.083 )/( -0.295-0 )
=0.072/-0.295
=-24.41 %

* 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 Dec. 2023 and 10-year before.


Provaris Energy  (ASX:PV1) 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.


Provaris Energy 10-Year RORE % Related Terms

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


Provaris Energy Business Description

Traded in Other Exchanges
Address
234 George Street, Level 14, Sydney, NSW, AUS, 2000
Provaris Energy Ltd is a developer of integrated green hydrogen projects. The Group has only one operating segment, being the integrated compressed hydrogen supply chains in Europe, supported by a proprietary compressed hydrogen bulk-scale marine carrier.

Provaris Energy Headlines

No Headlines