QTRH' ROE "
the ROE for Quarterhill is: 3.5% = CA$7.0m ÷ CA$203m (Based on the trailing twelve months to June 2023)."
-What about on the trailing twelve months to June 2024? It could be a different story..
"Quarterhill's Earnings Growth And 3.5% ROE
As you can see, Quarterhill's ROE looks pretty weak. Even compared to the average industry ROE of 12%, the company's ROE is quite dismal. However, we we're pleasantly surprised to see that Quarterhill grew its net income at a significant rate of 21% in the last five years. We reckon that there could be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
Next, on comparing with the industry net income growth, we found that Quarterhill's growth is quite high when compared to the industry average growth of 4.5% in the same period, which is great to see.
Earnings growth is an important metric to consider when valuing a stock. It’s important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Quarterhill's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry."
-next 5 years the earnings growth could be more significant..ROE over 10%?..
https://finance.yahoo.com/news/financials-role-play-driving-quarterhill-123114232.html