Everest Group, Ltd.'s (NYSE:EG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Everest Group, Ltd.'s (NYSE:EG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Everest Group's (NYSE:EG) stock is up by a considerable 10% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Everest Group's ROE.
珠峰集团(纽约证券交易所代码：EG)的股票在过去三个月里上涨了10%。由于市场通常为公司的长期基本面买单，我们决定研究公司的关键业绩指标，看看它们是否会影响市场。在本文中，我们决定将重点放在珠峰集团的净资产收益率上。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
股本回报率(ROE)是对一家公司增值和管理投资者资金的效率的测试。换句话说，这是一个衡量公司股东提供的资本回报率的盈利比率。
View our latest analysis for Everest Group
查看我们对珠峰集团的最新分析
How Do You Calculate Return On Equity?
你如何计算股本回报率？
Return on equity can be calculated by using the formula:
股本回报率可使用以下公式计算：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率=(持续经营的)净利润？股东权益
So, based on the above formula, the ROE for Everest Group is:
因此，根据上述公式，珠峰集团的净资产收益率为：
11% = US$1.2b ÷ US$11b (Based on the trailing twelve months to June 2023).
11%=12亿美元×110亿美元(基于截至2023年6月的12个月的往绩)。
The 'return' is the yearly profit. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.11.
“回报”就是年度利润。因此，这意味着股东每投资1美元，公司就会产生0.11美元的利润。
What Has ROE Got To Do With Earnings Growth?
净资产收益率与盈利增长有什么关系？
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
我们已经证实，净资产收益率是一家公司未来收益的有效盈利指标。根据公司选择再投资或“保留”多少利润，我们就能够评估一家公司未来产生利润的能力。假设其他条件不变，净资产收益率和利润保留率越高，与不一定具有这些特征的公司相比，公司的增长率就越高。
A Side By Side comparison of Everest Group's Earnings Growth And 11% ROE
珠峰集团盈利增长与11%净资产收益率的并列比较
At first glance, Everest Group seems to have a decent ROE. Even when compared to the industry average of 11% the company's ROE looks quite decent. This certainly adds some context to Everest Group's moderate 16% net income growth seen over the past five years.
乍一看，珠峰集团似乎拥有不错的净资产收益率。即使与11%的行业平均水平相比，该公司的净资产收益率看起来也相当不错。这无疑为珠峰集团过去五年16%的净利润温和增长增添了一些背景。
Next, on comparing with the industry net income growth, we found that Everest Group's growth is quite high when compared to the industry average growth of 11% in the same period, which is great to see.
接下来，对比行业净收入增长，我们发现，与同期11%的行业平均增长相比，珠峰集团的增长相当高，这是令人欣喜的。
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. Is Everest Group fairly valued compared to other companies? These 3 valuation measures might help you decide.
赋予一家公司价值的基础在很大程度上与其盈利增长挂钩。投资者应该尝试确定预期的收益增长或下降是否已计入价格，无论是哪种情况。这有助于他们确定这只股票是为光明还是黯淡的未来做准备。与其他公司相比，珠峰集团的估值是否公平？这3个估值指标可能会帮助你做出决定。
Is Everest Group Making Efficient Use Of Its Profits?
珠峰集团是否在有效利用其利润？
With a three-year median payout ratio of 32% (implying that the company retains 68% of its profits), it seems that Everest Group is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.
珠峰集团三年的派息率中值为32%(这意味着该公司保留了68%的利润)，似乎是在以一种高效的方式进行再投资，它看到了收益可观的增长，并支付了丰厚的股息。
Additionally, Everest Group has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 11% over the next three years. The fact that the company's ROE is expected to rise to 20% over the same period is explained by the drop in the payout ratio.
此外，珠峰集团至少在十年内派发了股息，这意味着该公司对与股东分享利润是相当认真的。我们最新的分析师数据显示，该公司未来三年的派息率预计将降至11%。该公司同期的净资产收益率(ROE)预计将升至20%，原因是派息率下降。
Summary
摘要
Overall, we are quite pleased with Everest Group's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总体而言，我们对珠峰集团的表现相当满意。特别是，很高兴看到该公司在业务上投入了大量资金，并获得了高回报率，这导致了其收益的可观增长。尽管如此，最新的行业分析师预测显示，该公司的收益预计将加速增长。要了解更多分析师对该公司的最新预测，请查看分析师对该公司预测的可视化。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对这篇文章有什么反馈吗？担心内容吗？ 保持联系直接与我们联系。或者，也可以给编辑组发电子邮件，地址是implywallst.com。
本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。