New Horizon Health (FRA:6YZ) 3-Year RORE % : 0.00% (As of Jun. 2023)

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FRA:6YZ New Horizon Health Ltd FRA:6YZ
35 GF Score
Price €1.62
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What is New Horizon Health 3-Year RORE %?

New Horizon Health FRA:6YZ 35 3-Year RORE % is 0.00 as of Jun. 2023. GuruFocus rates FRA:6YZ with a GF Score™ of 35/100.

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. New Horizon Health's 3-Year RORE % for the quarter that ended in Jun. 2023 was 0.00%.

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

FRA:6YZ's 3-Year RORE % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -4.05
* Ranked among companies with meaningful 3-Year RORE % only.

New Horizon Health  (FRA:6YZ) 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.


New Horizon Health 3-Year RORE % Related Terms


New Horizon Health 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for New Horizon Health'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.

New Horizon Health 3-Year RORE % Chart

New Horizon Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
3-Year RORE %
0.00 0.00 0.00 0.00 -16.09

New Horizon Health Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 -16.09 -108.73

FRA:6YZ vs ABT, SYK, MDT: 3-Year RORE % Comparison

For the Medical Devices subindustry, New Horizon Health'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.


New Horizon Health 3-Year RORE % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, New Horizon Health's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where New Horizon Health's 3-Year RORE % falls into.


FRA:6YZ
35GF Score
New Horizon Health Ltd FRA:6YZ
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Health 3-Year RORE % Calculation

New Horizon Health's 3-Year RORE % for the quarter that ended in Jun. 2023 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 )
=( 0.029--1.179 )/( -1.111-0 )
=1.208/-1.111
=-108.73 %

* 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. 2023 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 0.00 mean?
New Horizon Health (FRA:6YZ) has a 3-Year RORE % of 0.00 as of Jun. 2023. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on New Horizon Health and its competitors.
Is New Horizon Health's 3-Year RORE % too high?
New Horizon Health's current 3-Year RORE % is 0.00. Overall, New Horizon Health has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Health's 3-Year RORE % compare to ABT and SYK?
New Horizon Health's 3-Year RORE % of 0.00 can be compared against companies in the Medical Devices & Instruments industry. 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 a Medical Devices & Instruments company?
A good 3-Year RORE % depends on the Medical Devices & Instruments industry context. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 New Horizon Health and its competitors. New Horizon Health's current 3-Year RORE % is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Health stock overvalued right now?
New Horizon Health (FRA:6YZ) has a current 3-Year RORE % of 0.00. The current 3-Year RORE % is 0.00. New Horizon Health's overall GF Score™ is 35/100. 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 New Horizon Health (FRA:6YZ), the current 3-Year RORE % is 0.00 as of Jun. 2023. 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.

New Horizon Health Business Description

Address 400 Jiang’er Road, 13th Floor, T1 Building, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
New Horizon Health Ltd is engaged in early cancer screening and in-home testing in China. The company has an early detection and cancer screening-focused pipeline of five products and product candidates with an emphasis on colorectal cancer screening. The company focuses on cancer prevention and cure through screening and early detection. It generates maximum revenue from ColoClear and Pupu Tube products.
35GF Score

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

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