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The Star Entertainment Group (ASX:SGR) 3-Year RORE % : 17.36% (As of Jun. 2024)


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What is The Star Entertainment Group 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. The Star Entertainment Group's 3-Year RORE % for the quarter that ended in Jun. 2024 was 17.36%.

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

ASX:SGR's 3-Year RORE % is ranked better than
58.38% of 776 companies
in the Travel & Leisure industry
Industry Median: 3.125 vs ASX:SGR: 17.36

The Star Entertainment Group 3-Year RORE % Historical Data

The historical data trend for The Star Entertainment Group'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.

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The Star Entertainment Group 3-Year RORE % Chart

The Star Entertainment Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.45 52.56 24.10 96.31 17.36

The Star Entertainment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.10 75.30 96.31 35.67 17.36

Competitive Comparison of The Star Entertainment Group's 3-Year RORE %

For the Resorts & Casinos subindustry, The Star Entertainment Group'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.


The Star Entertainment Group's 3-Year RORE % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Star Entertainment Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where The Star Entertainment Group's 3-Year RORE % falls into.



The Star Entertainment Group 3-Year RORE % Calculation

The Star Entertainment Group'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 )
=( -0.668--0.181 )/( -2.806-0 )
=-0.487/-2.806
=17.36 %

* 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.


The Star Entertainment Group  (ASX:SGR) 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.


The Star Entertainment Group 3-Year RORE % Related Terms

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The Star Entertainment Group Business Description

Traded in Other Exchanges
Address
159 William Street, Level 3, Brisbane, QLD, AUS, 4000
Star Entertainment Group operates three hotel and casino complexes in Australia: The Star Sydney (license expiring in 2093, with electronic gaming machine exclusivity expiring in 2041), The Star Gold Coast (a perpetual license), and Treasury Casino and Hotel in Brisbane (license expiring in 2070). The Queen's Wharf development in Brisbane will have a 99-year license on completion in 2024 (with a 25-year exclusivity period), replacing the Treasury Casino and Hotel, which will be repurposed into a hotel and retail site.

The Star Entertainment Group Headlines

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