GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TriplePoint Venture Growth BDC Corp (NYSE:TPVG) » Definitions » 3-Year RORE %

TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) 3-Year RORE % : 96.51% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is TriplePoint Venture Growth BDC 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. TriplePoint Venture Growth BDC's 3-Year RORE % for the quarter that ended in Dec. 2023 was 96.51%.

The industry rank for TriplePoint Venture Growth BDC's 3-Year RORE % or its related term are showing as below:

TPVG's 3-Year RORE % is ranked better than
82.71% of 1533 companies
in the Asset Management industry
Industry Median: 1.22 vs TPVG: 96.51

TriplePoint Venture Growth BDC 3-Year RORE % Historical Data

The historical data trend for TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC 3-Year RORE % Chart

TriplePoint Venture Growth BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -250.00 733.33 201.69 132.82 96.51

TriplePoint Venture Growth BDC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 132.82 234.38 91.23 103.30 96.51

Competitive Comparison of TriplePoint Venture Growth BDC's 3-Year RORE %

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.


TriplePoint Venture Growth BDC's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TriplePoint Venture Growth BDC's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where TriplePoint Venture Growth BDC's 3-Year RORE % falls into.



TriplePoint Venture Growth BDC 3-Year RORE % Calculation

TriplePoint Venture Growth BDC'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 )
=( -1.12-2.48 )/( 0.76-4.49 )
=-3.6/-3.73
=96.51 %

* 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 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.


TriplePoint Venture Growth BDC  (NYSE:TPVG) 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.


TriplePoint Venture Growth BDC 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of TriplePoint Venture Growth BDC's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Business Description

Traded in Other Exchanges
Address
2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.
Executives
Cynthia M. Fornelli director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Katherine J Park director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christopher M. Mathieu officer: Chief Financial Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Stephen Cassani director 700 EMERSON STREET, PALO ALTO CA 94301
Gilbert Ahye director 200 VESEY ST, NEW YORK NY 10285
Christopher Gastelu officer: See Remarks 920 WOODLAND AVENUE, ORADELL NJ 07649
James Labe director, officer: Chief Executive Officer 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Sajal Srivastava director, officer: See Remarks 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Steven Bird director 525 UNIVERSITY AVE, SUITE 225, PALO ALTO CA 94301
Andrew Olson officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Harold F Zagunis officer: Chief Financial Officer ONE BELVEDERE, SUITE 300, MILL VALLEY CA 94941
Boathouse Row Ii L P 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRAN CA 94111
Philadelphia Financial Management Of San Francisco, Llc 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111
Boathouse Row I, L.p. 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111

TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Headlines

From GuruFocus