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Platoome Maximiser (ASX:PL8) 3-Year RORE % : -566.67% (As of Dec. 2024)


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What is Platoome Maximiser 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. Platoome Maximiser's 3-Year RORE % for the quarter that ended in Dec. 2024 was -566.67%.

The industry rank for Platoome Maximiser's 3-Year RORE % or its related term are showing as below:

ASX:PL8's 3-Year RORE % is ranked worse than
95.5% of 1557 companies
in the Asset Management industry
Industry Median: -34.48 vs ASX:PL8: -566.67

Platoome Maximiser 3-Year RORE % Historical Data

The historical data trend for Platoome Maximiser'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.

Platoome Maximiser 3-Year RORE % Chart

Platoome Maximiser Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year RORE %
Get a 7-Day Free Trial -13.33 31.43 -243.75 -112.12 -444.44

Platoome Maximiser Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
3-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 -33.33 -112.12 -104.26 -444.44 -566.67

Competitive Comparison of Platoome Maximiser's 3-Year RORE %

For the Asset Management subindustry, Platoome Maximiser'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.


Platoome Maximiser's 3-Year RORE % Distribution in the Asset Management Industry

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

* The bar in red indicates where Platoome Maximiser's 3-Year RORE % falls into.


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Platoome Maximiser 3-Year RORE % Calculation

Platoome Maximiser's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 0.086-0.018 )/( 0.185-0.197 )
=0.068/-0.012
=-566.67 %

* 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. 2024 and 3-year before.


Platoome Maximiser  (ASX:PL8) 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.


Platoome Maximiser 3-Year RORE % Related Terms

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Platoome Maximiser Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Level 25, Sydney, NSW, AUS, 2000
Plato Income Maximiser Ltd is an asset management company. The investment objectives of the company are to generate annual income that exceeds the gross income of the Benchmark and to outperform the Benchmark in total return terms including franking credits over each full investment cycle. The company's investment activities are its only reportable segment. All of the company's activities are located in one geographical segment being Australia.

Platoome Maximiser Headlines

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