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L1 Long Short Fund (ASX:LSF) 3-Year RORE % : 0.00% (As of Dec. 2022)


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What is L1 Long Short 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. L1 Long Short Fund's 3-Year RORE % for the quarter that ended in Dec. 2022 was 0.00%.

The industry rank for L1 Long Short Fund's 3-Year RORE % or its related term are showing as below:

ASX:LSF's 3-Year RORE % is not ranked *
in the Asset Management industry.
Industry Median: 1.09
* Ranked among companies with meaningful 3-Year RORE % only.

L1 Long Short Fund 3-Year RORE % Historical Data

The historical data trend for L1 Long Short 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.

L1 Long Short Fund 3-Year RORE % Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22
3-Year RORE %
- - - - 28.03

L1 Long Short Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 22.66 28.03 -12.69

Competitive Comparison of L1 Long Short Fund's 3-Year RORE %

For the Asset Management subindustry, L1 Long Short 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.


L1 Long Short Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Long Short Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where L1 Long Short Fund's 3-Year RORE % falls into.



L1 Long Short Fund 3-Year RORE % Calculation

L1 Long Short Fund's 3-Year RORE % for the quarter that ended in Dec. 2022 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 )
=( 0.232-0.357 )/( 1.115-0.13 )
=-0.125/0.985
=-12.69 %

* 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. 2022 and 3-year before.


L1 Long Short Fund  (ASX:LSF) 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.


L1 Long Short Fund 3-Year RORE % Related Terms

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L1 Long Short Fund (ASX:LSF) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.