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Morphic Ethical Equity Fund (ASX:MEC) 3-Year RORE % : 0.00% (As of Jun. 2024)


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What is Morphic Ethical Equity 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. Morphic Ethical Equity Fund's 3-Year RORE % for the quarter that ended in Jun. 2024 was 0.00%.

The industry rank for Morphic Ethical Equity Fund's 3-Year RORE % or its related term are showing as below:

ASX:MEC's 3-Year RORE % is not ranked *
in the Asset Management industry.
Industry Median: -28.44
* Ranked among companies with meaningful 3-Year RORE % only.

Morphic Ethical Equity Fund 3-Year RORE % Historical Data

The historical data trend for Morphic Ethical Equity 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.

Morphic Ethical Equity Fund 3-Year RORE % Chart

Morphic Ethical Equity Fund Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Jun23 Jun24
3-Year RORE %
Get a 7-Day Free Trial - - 91.44 - -

Morphic Ethical Equity Fund Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Dec22 Jun23 Dec23 Jun24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.13 - - - -

Competitive Comparison of Morphic Ethical Equity Fund's 3-Year RORE %

For the Asset Management subindustry, Morphic Ethical Equity 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.


Morphic Ethical Equity Fund's 3-Year RORE % Distribution in the Asset Management Industry

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

* The bar in red indicates where Morphic Ethical Equity Fund's 3-Year RORE % falls into.



Morphic Ethical Equity Fund 3-Year RORE % Calculation

Morphic Ethical Equity Fund's 3-Year RORE % for the quarter that ended in Jun. 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 )
=( - )/( 0.006-0.15 )
=/-0.144
=0.00 %

* 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 Jun. 2024 and 3-year before.


Morphic Ethical Equity Fund  (ASX:MEC) 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.


Morphic Ethical Equity Fund 3-Year RORE % Related Terms

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Morphic Ethical Equity Fund Business Description

Traded in Other Exchanges
N/A
Address
179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000
Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling, and rainforest.