Thorney Opportunities (ASX:TOP) 3-Year RORE % : 4.06% (As of Dec. 2025)


ASX:TOP Thorney Opportunities Ltd ASX:TOP
28 GF Score
Price A$0.54
GF Value A$0.96
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thorney Opportunities 3-Year RORE %?

Thorney Opportunities ASX:TOP -0.92% 28 3-Year RORE % is 4.06 as of Dec. 2025. GuruFocus rates ASX:TOP with a GF Score™ of 28/100 and a GF Value™ of A$0.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,534 Asset Management companies, Thorney Opportunities ranks worse than 55.87% on this metric.

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. Thorney Opportunities's 3-Year RORE % for the quarter that ended in Dec. 2025 was 4.06%.

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

ASX:TOP's 3-Year RORE % is ranked worse than
55.87% of 1534 companies
in the Asset Management industry
Industry Median: 11.99 vs ASX:TOP: 4.06

Thorney Opportunities  (ASX:TOP) 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.


Thorney Opportunities 3-Year RORE % Related Terms


Thorney Opportunities 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Thorney Opportunities'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.

Thorney Opportunities 3-Year RORE % Chart

Thorney Opportunities Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.43 -108.45 -71.25 138.26 -4.23

Thorney Opportunities Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 87.76 138.26 97.20 -4.23 4.06

ASX:TOP vs BLK, BX, KKR: 3-Year RORE % Comparison

For the Asset Management subindustry, Thorney Opportunities'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.


Thorney Opportunities 3-Year RORE % vs Asset Management Industry

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

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


ASX:TOP
28GF Score
Thorney Opportunities Ltd ASX:TOP
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thorney Opportunities 3-Year RORE % Calculation

Thorney Opportunities's 3-Year RORE % for the quarter that ended in Dec. 2025 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 )
=( 0.091-0.083 )/( 0.276-0.079 )
=0.008/0.197
=4.06 %

* 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. 2025 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 4.06 mean?
Thorney Opportunities (ASX:TOP) has a 3-Year RORE % of 4.06 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Thorney Opportunities and its competitors. According to the industry distribution chart, Thorney Opportunities ranks #857 out of 1534 companies in the Asset Management industry, placing it in the top 55.9%.
Is Thorney Opportunities' 3-Year RORE % too high?
Thorney Opportunities' current 3-Year RORE % is 4.06. The Asset Management industry median 3-Year RORE % is 11.99. Thorney Opportunities' value of 4.06 is 66.1% below this industry median. Based on the distribution chart, Thorney Opportunities ranks #857 out of 1534 companies in the Asset Management industry, which is below the industry midpoint. Overall, Thorney Opportunities has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thorney Opportunities' 3-Year RORE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thorney Opportunities ranks #857 out of 1534 companies for 3-Year RORE %. This places Thorney Opportunities in the lower half of its industry. The industry median 3-Year RORE % is 11.99. Thorney Opportunities' value of 4.06 is 66.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Asset Management company?
The median 3-Year RORE % among Asset Management companies is 11.99, based on 1,534 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thorney Opportunities's current 3-Year RORE % of 4.06 is 66.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Thorney Opportunities and its competitors. For the Asset Management industry, the median 3-Year RORE % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thorney Opportunities's current 3-Year RORE % is 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thorney Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Thorney Opportunities (ASX:TOP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.54 — trading 43.8% below its estimated fair value. The current 3-Year RORE % is 4.06 and 66.1% below the Asset Management industry median of 11.99. Thorney Opportunities' overall GF Score™ is 28/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Thorney Opportunities (ASX:TOP), the current 3-Year RORE % is 4.06 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thorney Opportunities (ASX:TOP) Overvalued in 2026?

Based on GuruFocus' analysis, Thorney Opportunities stock appears to be undervalued. The current stock price of A$0.54 is trading 43.8% below its estimated GF Value™ of A$0.96. GuruFocus considers Thorney Opportunities to be Significantly Undervalued.

Key valuation signals for ASX:TOP:

  • 3-Year RORE %: 4.06
  • GF Value™: A$0.96 vs. price of A$0.54 (43.8% below fair value)
  • GF Score™: 28/100 with 1 warning sign
  • Industry Position: 66.1% below the Asset Management median (#857 of 1534)

No single metric tells the full story. See the ASX:TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thorney Opportunities Business Description

Address 55 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
Thorney Opportunities Ltd is an investment company that concentrates on producing absolute returns for shareholders over the medium to long term. Its principal activity is making investments in listed and unlisted securities in a variety of sectors, including media, automotive, energy, and pharmaceutical.
28GF Score

Get the complete analysis for ASX:TOP

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.54
Price
A$0.96
GF Value