Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Little Celebrities on Campus Who Will Change College Life | By Reid Zura | Starship Technologies | June 2023

    June 5, 2023

    Inclusiveness in Practice: Starship Technologies Proudly Deployed in LA | By Reid Zura | Starship Technologies | June 2023

    June 1, 2023

    Global Accessibility Awareness Day: Building Accessibility into Technology | By Ed Lovelock | Starship Technologies | May 2023

    May 18, 2023
    Facebook Twitter Instagram
    Trending
    • Little Celebrities on Campus Who Will Change College Life | By Reid Zura | Starship Technologies | June 2023
    • Inclusiveness in Practice: Starship Technologies Proudly Deployed in LA | By Reid Zura | Starship Technologies | June 2023
    • Global Accessibility Awareness Day: Building Accessibility into Technology | By Ed Lovelock | Starship Technologies | May 2023
    • Providing a greener future.On this Earth Day we encourage… | Redete Nardos | | Starship Technologies | April 2023
    • Starship Technologies Sets New World Record with 10 Million Kilometers | Reed Zula | | Starship Technologies | April 2023
    • Bridging the Gender Gap: Inspiring Words from the Women Making Waves on Starship | Annie Handrick | | Starship Technologies | March 2023
    • AI apps like ChatGPT may finally kill the cover letter
    • Snow Crash author Neal Stephenson on the metaverse, making movies, climate fears
    Facebook Twitter Instagram YouTube
    PayDay Loans All OnlinePayDay Loans All Online
    • Home
    • Earnings

      Stocks fall as disappointing iPhone sales lead to lower profits

      February 2, 2023

      Apple, Amazon, Google report earnings

      February 2, 2023

      Will Qorvo Post Second Quarter Earnings? (NASDAQ:QRVO)

      February 2, 2023

      Earnings for Apple, Amazon and Alphabet are coming. Here’s what the stock options market has to offer:

      February 2, 2023

      What To Expect From Google’s Parent Alphabet Today

      February 2, 2023
    • FTA

      Arrests and incidents reported on 2 February 2023

      February 2, 2023

      It makes economic sense to increase trade within Asia

      February 2, 2023

      Arrested and Booked 2/2/23 | Clay of the Day

      February 2, 2023

      Prison Logs Feb 3, 2023 | Crime

      February 2, 2023

      Ukraine expects adoption of priority action plan to strengthen implementation of FTA with EU in 2023-2024 – Shmyhal

      February 2, 2023
    • General

      Why General Motors stock rose nearly 6% today

      February 2, 2023

      Taiwan activates defenses in response to Chinese aggression. A leaked memo of a US general warns of armed conflict with China by 2025.

      February 2, 2023

      Israeli attorney general says Netanyahu cannot get involved in judicial overhaul

      February 2, 2023

      State general revenue increased $25 million in January to $807 million

      February 2, 2023

      Panoramic Ventures Hires Christy Johnson as General Partner and Chief Operating Officer

      February 2, 2023
    • Investing

      3 Dividend Aristocrats to Buy Now

      February 2, 2023

      Bottom in?Metaplatform surge after earnings

      February 2, 2023

      Why Amazon’s stock jumped 23% in January

      February 2, 2023

      Why Cloudflare’s stock skyrocketed on Thursday

      February 2, 2023

      Pre-listing Stocks: Meta Surprised Wall Street, But Investors Still Tech Skeptical

      February 2, 2023
    • Politics

      US reunites nearly 700 children taken from their parents under Trump

      February 2, 2023

      Federal Election Commission Raises Political Contribution Cap

      February 2, 2023

      Blinken Visited Beijing Under Pressure To Impose China Role In Deadly Fentanyl Deal

      February 2, 2023

      Potomac Phil Predict’s DC Weather and Political Climate – NBC4 Washington

      February 2, 2023

      Maeve Reston joins Post as national political reporter

      February 2, 2023
    • RWL

      Understanding the Mentoring Relationship Between Mentees, Peers, and Senior Mentors | BMC Medical Education

      January 31, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023

      i am a personal trainer. Here’s why you need to exercise less to lose weight.

      January 29, 2023
    • Small Cap

      VanEck Vector Brazilian Small Cap ETF: Ideal Conditions (NASDAQ:EWZS)

      February 2, 2023

      Phillips Financial Management LLC invests $104,000 in the iShares MSCI EAFE Small Cap ETF (NASDAQ:SCZ)

      February 2, 2023

      Investors are interested in Lattice Semiconductor Corporation (LSCC) stock because:

      February 2, 2023

      Goldman Small Cap Research Publishes New Research Report on KwikClick, Inc.

      February 2, 2023

      Top 3 Small Caps Up Over 5% Today; Do You Own It?

      February 2, 2023
    PayDay Loans All OnlinePayDay Loans All Online
    Home » Given Objective Corporation Limited’s (ASX:OCL) attractive financial prospects, could the market be wrong?
    Earnings

    Given Objective Corporation Limited’s (ASX:OCL) attractive financial prospects, could the market be wrong?

    paydayloansallonline_110na0By paydayloansallonline_110na0January 1, 2023No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Objective (ASX:OCL) shares fell 6.0% after a tough month. However, stock prices are usually driven by a company’s long-term performance, so this case looks very promising. Specifically, I chose to look at Objective’s ROE for this article.

    Return on equity or ROE is an important metric used to assess how efficiently a company’s management is using the company’s capital. In other words, ROE shows the return each dollar makes on a shareholder’s investment.

    Check out Objective’s latest analysis

    ROE calculation method

    Return on equity can be calculated using the following formula:

    Return on Equity = Net Income (from Continuing Operations) ÷ Shareholders’ Equity

    So, based on the above formula, our target ROE would be:

    32% = AUD 20 million ÷ AUD 62 million (based on the last 12 months to June 2022).

    “Return” is your profit over the last 12 months. Another way of looking at it is that for every A$1 worth of shares the company could earn him A$0.32.

    What is the relationship between ROE and profit growth?

    It has already been established that ROE serves as an efficient profit-making metric to gauge a company’s future earnings. Based on the amount of profits the company chooses to reinvest or “retain”, the company’s ability to generate profits in the future can be assessed. Assuming everything else is equal, higher ROE and profit margins will necessarily lead to higher growth for a company compared to a company that does not have these characteristics.

    Objective revenue growth and 32% ROE

    First, Objective has a pretty high ROE, which is interesting. Also, his ROE for the company is quite noteworthy, being high compared to the industry average of 9.7%. So the substantial 22% net profit growth Objective has seen over the past five years isn’t all that surprising.

    A second comparison of Objective’s net profit growth with the industry revealed that the company’s growth matched the industry’s average growth rate of 20% over the same period.

    Historical revenue growth

    Historical revenue growth

    The foundation for adding value to a company is largely tied to revenue growth. Investors should check whether expected earnings growth or decline is expected. Doing so will help you see if the stock’s future looks promising or ominous. If you’re in doubt about Objective’s valuation, check out this gauge of price/earnings ratio compared to the industry.

    Is Objective reinvesting profits efficiently?

    Objective’s median three-year payout rate is a fairly modest 50%, which means the company retains 50% of its revenue. This suggests that the dividend is well covered, and given the high growth discussed above, Objective appears to be reinvesting earnings efficiently.

    Additionally, Objective has been paying dividends for at least 10 years. This demonstrates the company’s commitment to sharing profits with its shareholders. The company’s future dividend payout ratio is expected to be around 48% over the next three years, according to the latest analyst data. Therefore, projections suggest Objective’s future ROE will be 32%, which is also similar to his current ROE.

    overview

    Overall, I’m pretty happy with Objective’s performance. Specifically, I like that the company reinvests most of its profits at a high rate of return. Of course, this has led the company to significant revenue growth. A survey of current analyst estimates found that analysts expect the company to continue its recent streak of growth.Learn more about the company’s future revenue growth projections here freedom For more information, see the company’s analyst forecasts report.

    Do you have feedback on this article? What interests you? contact directly with us. Or send an email to our editorial team (at) Simplywallst.com.

    This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …

    Participate in Paid User Research Sessions
    you $30 USD Amazon Gift Card An hour of your time while helping build better investment tools for individual investors like you.SIGN UP HERE



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    paydayloansallonline_110na0
    • Website

    Related Posts

    Stocks fall as disappointing iPhone sales lead to lower profits

    February 2, 2023

    Apple, Amazon, Google report earnings

    February 2, 2023

    Will Qorvo Post Second Quarter Earnings? (NASDAQ:QRVO)

    February 2, 2023

    Leave A Reply Cancel Reply

    Our Picks

    Little Celebrities on Campus Who Will Change College Life | By Reid Zura | Starship Technologies | June 2023

    June 5, 2023

    Inclusiveness in Practice: Starship Technologies Proudly Deployed in LA | By Reid Zura | Starship Technologies | June 2023

    June 1, 2023

    Global Accessibility Awareness Day: Building Accessibility into Technology | By Ed Lovelock | Starship Technologies | May 2023

    May 18, 2023

    Providing a greener future.On this Earth Day we encourage… | Redete Nardos | | Starship Technologies | April 2023

    April 21, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    News

    Little Celebrities on Campus Who Will Change College Life | By Reid Zura | Starship Technologies | June 2023

    By paydayloansallonline_110na0June 5, 20230

    Inclusiveness in Practice: Starship Technologies Proudly Deployed in LA | By Reid Zura | Starship Technologies | June 2023

    June 1, 2023

    Global Accessibility Awareness Day: Building Accessibility into Technology | By Ed Lovelock | Starship Technologies | May 2023

    May 18, 2023

    Providing a greener future.On this Earth Day we encourage… | Redete Nardos | | Starship Technologies | April 2023

    April 21, 2023
    About Us

    This website provides information about FTA and other things. Keep Supporting Us With the Latest News and we Will Provide the Best Of Our To Makes You Updated All Around The World News. Keep Sporting US.

    Our Picks

    Noise-Cancelling Headphones For a Superb Music Experience

    January 15, 2020

    Harry Potter: 10 Things Dursleys That Make No Sense

    January 15, 2020

    Dubai-Based Yacht Company is Offering Socially-Distanced Luxury

    January 15, 2020

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Facebook Twitter Instagram Pinterest
    • Home
    • DMCA
    • Privacy Policy
    • Contact us
    © 2023 paydayloansallonline. Designed by paydayloansallonline.

    Type above and press Enter to search. Press Esc to cancel.