GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wavefront Technology Solutions Inc (OTCPK:WFTSF) » Definitions » 10-Year RORE %

Wavefront Technology Solutions (Wavefront Technology Solutions) 10-Year RORE % : 0.00% (As of May. 2022)


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

What is Wavefront Technology Solutions 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. Wavefront Technology Solutions's 10-Year RORE % for the quarter that ended in May. 2022 was 0.00%.

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

WFTSF's 10-Year RORE % is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful 10-Year RORE % only.

Wavefront Technology Solutions 10-Year RORE % Historical Data

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions 10-Year RORE % Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.23 -13.33 -20.20 -11.08 -10.58

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -10.90 -10.58 -10.17 -13.22 -15.92

Competitive Comparison of Wavefront Technology Solutions's 10-Year RORE %

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions's 10-Year RORE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Wavefront Technology Solutions's 10-Year RORE % falls into.



Wavefront Technology Solutions 10-Year RORE % Calculation

Wavefront Technology Solutions's 10-Year RORE % for the quarter that ended in May. 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 )
=( -0.016--0.069 )/( -0.333-0 )
=0.053/-0.333
=-15.92 %

* 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 May. 2022 and 10-year before.


Wavefront Technology Solutions  (OTCPK:WFTSF) 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.


Wavefront Technology Solutions 10-Year RORE % Related Terms

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


Wavefront Technology Solutions (Wavefront Technology Solutions) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

Wavefront Technology Solutions (Wavefront Technology Solutions) Headlines

From GuruFocus

Wavefront Closes Private Placement of $1,302,400

By GlobeNewswire GlobeNewswire 07-17-2018

Wavefront Announces Audited and Fourth Quarter 2018 Financial Results

By GlobeNewswire GlobeNewswire 12-31-2018

Wavefront Commences Powerwave Operations in India

By GlobeNewswire GlobeNewswire 08-28-2018

Wavefront Announces Third Quarter 2019 Financial Results

By GlobeNewswire GlobeNewswire 07-30-2019

Wavefront Announces Second Quarter 2019 Financial Results

By GlobeNewswire GlobeNewswire 04-29-2019

Wavefront Retains B&D Capital Partners for Investor Relations Outreach

By GlobeNewswire GlobeNewswire 04-11-2018

Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms

By GlobeNewswire GlobeNewswire 07-02-2019

Wavefront Corporate Update 

By GlobeNewswire GlobeNewswire 06-05-2019