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SOL Global Investments (STU:9SB) 3-Year RORE % : -59.73% (As of Aug. 2024)


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What is SOL Global Investments 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. SOL Global Investments's 3-Year RORE % for the quarter that ended in Aug. 2024 was -59.73%.

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

STU:9SB's 3-Year RORE % is ranked worse than
56.84% of 1557 companies
in the Asset Management industry
Industry Median: -34.48 vs STU:9SB: -59.73

SOL Global Investments 3-Year RORE % Historical Data

The historical data trend for SOL Global Investments'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.

SOL Global Investments 3-Year RORE % Chart

SOL Global Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Nov20 Nov21 Nov22 Nov23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -284.28 - - 403.07 75.23

SOL Global Investments Quarterly Data
Sep19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 212.83 75.23 -29.32 -61.27 -59.73

Competitive Comparison of SOL Global Investments's 3-Year RORE %

For the Asset Management subindustry, SOL Global Investments'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.


SOL Global Investments's 3-Year RORE % Distribution in the Asset Management Industry

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

* The bar in red indicates where SOL Global Investments's 3-Year RORE % falls into.


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SOL Global Investments 3-Year RORE % Calculation

SOL Global Investments's 3-Year RORE % for the quarter that ended in Aug. 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 )
=( -0.284--3.387 )/( -5.195-0 )
=3.103/-5.195
=-59.73 %

* 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 Aug. 2024 and 3-year before.


SOL Global Investments  (STU:9SB) 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.


SOL Global Investments 3-Year RORE % Related Terms

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SOL Global Investments Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
SOL Global Investments Corp is a cannabis company with a focus on legal U.S. states. Its strategic investments and partnerships across cultivation, distribution and retail complement the company's R&D program with the University of Miami. It is also involved in Retail, Agriculture, Quick Service Restaurants & Hospitality, Media Technology & Gaming, Energy and New Age Wellness.

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