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McMillan Shakespeare (McMillan Shakespeare) 3-Year RORE % : -23.62% (As of Dec. 2023)


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What is McMillan Shakespeare 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. McMillan Shakespeare's 3-Year RORE % for the quarter that ended in Dec. 2023 was -23.62%.

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

MCSLF's 3-Year RORE % is ranked better than
83.49% of 969 companies
in the Business Services industry
Industry Median: 4.33 vs MCSLF: -23.62

McMillan Shakespeare 3-Year RORE % Historical Data

The historical data trend for McMillan Shakespeare'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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McMillan Shakespeare 3-Year RORE % Chart

McMillan Shakespeare Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.79 -209.22 6.57 65.46 -19.17

McMillan Shakespeare Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.56 65.46 56.14 -19.17 -23.62

Competitive Comparison of McMillan Shakespeare's 3-Year RORE %

For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.


McMillan Shakespeare's 3-Year RORE % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, McMillan Shakespeare's 3-Year RORE % distribution charts can be found below:

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



McMillan Shakespeare 3-Year RORE % Calculation

McMillan Shakespeare's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( 0.341-0.627 )/( 1.653-0.442 )
=-0.286/1.211
=-23.62 %

* 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. 2023 and 3-year before.


McMillan Shakespeare  (OTCPK:MCSLF) 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.


McMillan Shakespeare 3-Year RORE % Related Terms

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McMillan Shakespeare (McMillan Shakespeare) Business Description

Traded in Other Exchanges
Address
360 Elizabeth Street, Floor 21, Melbourne, VIC, AUS, 3000
McMillan Shakespeare Ltd is a provider of salary packaging, novated leasing, disability plan management and support coordination, asset management, and related financial products and services. It also cross-sells its salary packaging services to private entities via its asset management business in Australia and New Zealand, and it has acquired asset management businesses in the U.K. McMillan's asset management businesses provide motor vehicle leasing and fleet management services. The group has three operating segments: Group Remuneration Services, Asset Management Services, and Plan and Support Services. The prime revenue is generated from Asset Management segment.

McMillan Shakespeare (McMillan Shakespeare) Headlines

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