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WAM Microcap (ASX:WMI) 5-Year RORE % : -89.78% (As of Dec. 2023)


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What is WAM Microcap 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. WAM Microcap's 5-Year RORE % for the quarter that ended in Dec. 2023 was -89.78%.

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

ASX:WMI's 5-Year RORE % is ranked worse than
88.36% of 1375 companies
in the Asset Management industry
Industry Median: 8.3 vs ASX:WMI: -89.78

WAM Microcap 5-Year RORE % Historical Data

The historical data trend for WAM Microcap'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.

WAM Microcap 5-Year RORE % Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
5-Year RORE %
- - - - -

WAM Microcap Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -89.78

Competitive Comparison of WAM Microcap's 5-Year RORE %

For the Asset Management subindustry, WAM Microcap'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.


WAM Microcap's 5-Year RORE % Distribution in the Asset Management Industry

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

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



WAM Microcap 5-Year RORE % Calculation

WAM Microcap's 5-Year RORE % for the quarter that ended in Dec. 2023 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 )
=( 0.083-0.25 )/( 0.578-0.392 )
=-0.167/0.186
=-89.78 %

* 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 Dec. 2023 and 5-year before.


WAM Microcap  (ASX:WMI) 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.


WAM Microcap 5-Year RORE % Related Terms

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WAM Microcap (ASX:WMI) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

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