GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thorney Opportunities Ltd (ASX:TOP) » Definitions » 5-Year RORE %

Thorney Opportunities (ASX:TOP) 5-Year RORE % : 720.00% (As of Jun. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Thorney Opportunities 5-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. Thorney Opportunities's 5-Year RORE % for the quarter that ended in Jun. 2024 was 720.00%.

The industry rank for Thorney Opportunities's 5-Year RORE % or its related term are showing as below:

ASX:TOP's 5-Year RORE % is ranked better than
98.11% of 1373 companies
in the Asset Management industry
Industry Median: 0.94 vs ASX:TOP: 720.00

Thorney Opportunities 5-Year RORE % Historical Data

The historical data trend for Thorney Opportunities's 5-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.

Thorney Opportunities 5-Year RORE % Chart

Thorney Opportunities Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -283.33 -7.00 152.94 4.41 720.00

Thorney Opportunities Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
5-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 152.94 -85.71 4.41 -31.82 720.00

Competitive Comparison of Thorney Opportunities's 5-Year RORE %

For the Asset Management subindustry, Thorney Opportunities's 5-Year RORE %, along with its competitors' market caps and 5-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's 5-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thorney Opportunities's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Thorney Opportunities's 5-Year RORE % falls into.



Thorney Opportunities 5-Year RORE % Calculation

Thorney Opportunities's 5-Year RORE % for the quarter that ended in Jun. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.187--0.173 )/( 0.164-0.114 )
=0.36/0.05
=720.00 %

* 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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2024 and 5-year before.


Thorney Opportunities  (ASX:TOP) 5-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, 5-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 5-Year RORE % Related Terms

Thank you for viewing the detailed overview of Thorney Opportunities's 5-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Thorney Opportunities Business Description

Traded in Other Exchanges
N/A
Address
55 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
Thorney Opportunities Ltd is an investment company. Its principal activity is making investments in listed and unlisted securities in media, automotive, energy, and pharmaceutical. sectors. The company's primary focus is on the careful selection of investments which enable it to be a constructive catalyst towards unlocking the value in the companies that it identifies. The company concentrates on producing absolute returns for shareholders over the medium to long term.