> For the complete documentation index, see [llms.txt](https://docs.praa.ms/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.praa.ms/return-factors/growth.md). # Growth The return metric summarises the relative ranking of the asset versus its peers in terms of revenue, EBITDA, FCF, and net income / EPS growth rates. It also considers the presence and the severeness of key metrics’ seasonality, the presence and persistence of growth momentum, growth rates volatility, and the availability of quarterly financials. For the financial institutions, we use core revenue (the sum of net interest income and net fee and commission income), IBPT (income before provisioning and taxes), and RIBPT (recurring income before provisioning and taxes), which better reflect their business model. The lowest score of 1 of 7 reflects very low relative ranking versus peers on these metrics, severe seasonality, annual-only financials, and the absence of growth momentum of any key financials. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.praa.ms/return-factors/growth.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.