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Global Health (ASX:GLH) 10-Year RORE % : 141.51% (As of Dec. 2023)


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What is Global Health 10-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. Global Health's 10-Year RORE % for the quarter that ended in Dec. 2023 was 141.51%.

The industry rank for Global Health's 10-Year RORE % or its related term are showing as below:

ASX:GLH's 10-Year RORE % is ranked better than
95.8% of 286 companies
in the Healthcare Providers & Services industry
Industry Median: 7.095 vs ASX:GLH: 141.51

Global Health 10-Year RORE % Historical Data

The historical data trend for Global Health's 10-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.

Global Health 10-Year RORE % Chart

Global Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.64 10.58 20.95 -55.75 281.54

Global Health Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
10-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 -47.66 -55.75 -197.67 281.54 141.51

Competitive Comparison of Global Health's 10-Year RORE %

For the Health Information Services subindustry, Global Health's 10-Year RORE %, along with its competitors' market caps and 10-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.


Global Health's 10-Year RORE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Global Health's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Global Health's 10-Year RORE % falls into.



Global Health 10-Year RORE % Calculation

Global Health's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -0.112-0.038 )/( -0.106-0 )
=-0.15/-0.106
=141.51 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Global Health  (ASX:GLH) 10-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, 10-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.


Global Health 10-Year RORE % Related Terms

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Global Health (ASX:GLH) Business Description

Traded in Other Exchanges
N/A
Address
696 Bourke Street, Level 2, Melbourne, VIC, AUS, 3000
Global Health Ltd is engaged in developing, selling, and supporting application software for the healthcare sector in Australia. It operates in a single segment, being the computer technology, software, and services industry. It provides mental health software for psychologists and psychiatrists; integrated software solutions for various areas of community health and human services, including drug and alcohol, disability, dental, and community rehabilitation; and digital software for healthcare communities.

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