Declining Stock and Solid Fundamentals: Is The Market Wrong About XPEL, Inc. (NASDAQ:XPEL)?
Declining Stock and Solid Fundamentals: Is The Market Wrong About XPEL, Inc. (NASDAQ:XPEL)?
It is hard to get excited after looking at XPEL's (NASDAQ:XPEL) recent performance, when its stock has declined 34% over the past month. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study XPEL's ROE in this article.
看了XPEL(纳斯达克股票代码:XPEL)最近的表现,很难感到兴奋,当时该公司的股票在过去一个月中下跌了34%。但是,如果你密切关注,你可能会发现,鉴于市场通常会奖励财务状况良好的公司,其强劲的财务状况可能意味着该股的长期价值有可能增加。具体而言,我们决定在本文中研究 XPEL 的投资回报率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
股本回报率或投资回报率是对公司增值和管理投资者资金的有效性的考验。简而言之,投资回报率显示了每美元从其股东投资中产生的利润。
Check out our latest analysis for XPEL
查看我们对 XPEL 的最新分析
How To Calculate Return On Equity?
如何计算股本回报率?
The formula for return on equity is:
这个 股本回报率公式 是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率 = 净利润(来自持续经营业务)÷ 股东权益
So, based on the above formula, the ROE for XPEL is:
因此,根据上述公式,XPEL 的投资回报率为:
32% = US$49m ÷ US$153m (Based on the trailing twelve months to June 2023).
32% = 4,900万美元 ¥1.53亿美元(基于截至2023年6月的过去十二个月)。
The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.32 in profit.
“回报” 是每年的利润。将其概念化的一种方法是,公司每拥有1美元的股东资本,就能获得0.32美元的利润。
What Has ROE Got To Do With Earnings Growth?
投资回报率与收益增长有什么关系?
So far, we've learned that ROE is a measure of a company's profitability. 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. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
到目前为止,我们已经了解到,投资回报率是衡量公司盈利能力的指标。根据公司选择将多少利润进行再投资或 “保留”,我们便能够评估公司未来创造利润的能力。一般而言,在其他条件相同的情况下,股本回报率和利润留存率高的公司的增长率要高于不具有这些属性的公司。
XPEL's Earnings Growth And 32% ROE
XPEL 的收益增长和 32% 的投资回报率
First thing first, we like that XPEL has an impressive ROE. Secondly, even when compared to the industry average of 14% the company's ROE is quite impressive. Under the circumstances, XPEL's considerable five year net income growth of 38% was to be expected.
首先,我们喜欢 XPEL 的投资回报率令人印象深刻。其次,即使与14%的行业平均水平相比,该公司的投资回报率也相当可观。在这种情况下,XPEL的五年净收入可观增长,达到38%,这是意料之中的。
Next, on comparing with the industry net income growth, we found that XPEL's growth is quite high when compared to the industry average growth of 7.2% in the same period, which is great to see.
接下来,与行业净收入增长相比,我们发现XPEL的增长相当高,而同期的行业平均增长率为7.2%,这很高兴看到。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231108/0-d59eef175624386ec64aa2e5afd53ff9-0-9ed7be1098653ada9770386393dc4bec.png/big)
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. What is XPEL worth today? The intrinsic value infographic in our free research report helps visualize whether XPEL is currently mispriced by the market.
赋予公司价值的基础在很大程度上与其收益增长息息相关。投资者应努力确定预期的收益增长或下降,无论情况如何,是否已被考虑在内。然后,这可以帮助他们确定股票是面向光明还是黯淡的未来。今天的 XPEL 值多少钱?我们的免费研究报告中的内在价值信息图有助于直观地了解市场目前是否对 XPEL 进行了错误定价。
Is XPEL Making Efficient Use Of Its Profits?
XPEL 是否在有效利用其利润?
Given that XPEL doesn't pay any dividend to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.
鉴于XPEL不向股东支付任何股息,我们推断该公司一直在将所有利润再投资以发展业务。
Summary
摘要
Overall, we are quite pleased with XPEL's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
总体而言,我们对XPEL的表现感到非常满意。具体而言,我们喜欢该公司以高回报率将其利润的很大一部分再投资。当然,这使该公司的收益大幅增长。话虽如此,正如当前分析师估计的那样,该公司的收益增长预计将放缓。这些分析师的预期是基于对该行业的广泛预期,还是基于公司的基本面?点击此处进入我们分析师对公司的预测页面。
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Simply Wall St的这篇文章本质上是笼统的。 我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。 它不构成买入或卖出任何股票的建议,也没有考虑您的目标或财务状况。我们的目标是为您提供由基本面数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。简而言之,华尔街在上述任何股票中都没有头寸。