Looking Into AZZ's Return On Capital Employed
Looking Into AZZ's Return On Capital Employed
ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies. A relatively high ROCE shows AZZ is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and, ultimately, earnings per share (EPS) growth. Pulled from Benzinga Pro data, AZZ (NYSE:AZZ) posted Q4 earnings of $21.62 million, an increase from Q3 of 2.55%. Sales dropped to $224.65 million, a 3.06% decrease between quarters. In Q3, AZZ brought in $231.74 million in sales but only earned $21.09 million.
摘自Benzinga Pro Data，AZZ(纽约证券交易所股票代码：AZZ)公布第四季度收益为2162万美元，较第三季度的2.55%有所增长。销售额降至2.2465亿美元，环比下降3.06%。第三季度，AZZ的销售额为2.3174亿美元，但只赚了2109万美元。
What Is Return On Capital Employed?
什么是已动用资本回报率？
Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q4, AZZ posted an ROCE of 0.03%.
没有背景的收益数据不清楚，可能很难作为交易决定的依据。已用资本回报率(ROCE)通过衡量年度税前利润与企业所用资本的比例，帮助过滤噪声中的信号。一般来说，较高的净资产收益率意味着公司的成功增长，也是未来每股收益较高的迹象。第四季度，AZZ的净资产收益率为0.03%。
It is important to keep in mind that ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but does not account for factors that could affect earnings and sales in the near future.
重要的是要记住，ROCE评估的是过去的绩效，而不是用作预测工具。这是衡量一家公司近期表现的一个很好的指标，但没有考虑到可能在不久的将来影响收益和销售的因素。
ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies. A relatively high ROCE shows AZZ is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and, ultimately, earnings per share (EPS) growth.
净资产收益率是比较类似公司资本配置有效性的有力指标。相对较高的净资产收益率表明，AZZ的运营效率可能比行业内其他公司更高。如果公司以目前的资本水平产生高利润，其中一些资金可以再投资于更多的资本，这通常会带来更高的回报，并最终实现每股收益(EPS)的增长。
For AZZ, the positive return on capital employed ratio of 0.03% suggests that management is allocating their capital effectively. Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns.
对于AZZ，0.03%的正资本使用回报率表明管理层正在有效地配置他们的资本。有效的资本配置是一个积极的指标，表明一家公司将获得更持久的成功和有利的长期回报。
Upcoming Earnings Estimate
即将到来的收益预期
AZZ reported Q4 earnings per share at $0.86/share, which beat analyst predictions of $0.71/share.
AZZ公布第四季度每股收益为0.86美元，超过了分析师预测的0.71美元。
This article was generated by Benzinga's automated content engine and reviewed by an editor.
本文由Benzinga的自动内容引擎生成，并由编辑审阅。
