Why The 26% Return On Capital At Axcelis Technologies (NASDAQ:ACLS) Should Have Your Attention
Why The 26% Return On Capital At Axcelis Technologies (NASDAQ:ACLS) Should Have Your Attention
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at the ROCE trend of Axcelis Technologies (NASDAQ:ACLS) we really liked what we saw.
要找到一只多袋装箱的股票,我们应该在企业中寻找哪些潜在趋势?首先,我们希望看到经过验证的 返回 关于正在增加的资本使用率(ROCE),其次是扩大 基础 所用资本的百分比。如果你看到这一点,那通常意味着它是一家拥有良好商业模式和大量盈利再投资机会的公司。所以当我们看一下ROCE趋势时 Axcelis 科技 (纳斯达克股票代码:ACLS)我们真的很喜欢我们所看到的。
Understanding Return On Capital Employed (ROCE)
了解资本使用回报率 (ROCE)
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Axcelis Technologies, this is the formula:
对于那些不确定什么是投资回报率的人,它衡量的是公司可以从其业务中使用的资本中获得的税前利润。要计算 Axcelis Technologies 的这个指标,公式如下:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
使用资本回报率 = 利息和税前收益 (EBIT) ÷(总资产-流动负债)
0.26 = US$243m ÷ (US$1.2b - US$261m) (Based on the trailing twelve months to September 2023).
0.26 = 2.43亿美元 ¥(12亿美元至2.61亿美元) (基于截至2023年9月的过去十二个月)。
Thus, Axcelis Technologies has an ROCE of 26%. That's a fantastic return and not only that, it outpaces the average of 11% earned by companies in a similar industry.
因此, Axcelis Technologies的投资回报率为26%。 这是一个了不起的回报,不仅如此,它还超过了类似行业公司11%的平均收入。
See our latest analysis for Axcelis Technologies
查看我们对Axcelis科技的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231109/0-a2827f2eac5a94ec68f05ee6e0f5651a-0-2c0a84de6a362c545affb904110071ba.png/big)
Above you can see how the current ROCE for Axcelis Technologies compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Axcelis Technologies here for free.
在上方你可以看到Axcelis Technologies当前的投资回报率与之前的资本回报率相比如何,但从过去可以看出来只有这么多。如果你愿意,可以在这里查看报道Axcelis Technologies的分析师的预测 免费。
How Are Returns Trending?
退货趋势如何?
We like the trends that we're seeing from Axcelis Technologies. Over the last five years, returns on capital employed have risen substantially to 26%. Basically the business is earning more per dollar of capital invested and in addition to that, 108% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
我们喜欢从Axcelis Technologies看到的趋势。在过去五年中,资本使用回报率已大幅上升至26%。基本上,企业每投资1美元的资本就能获得更多的收入,除此之外,现在使用的资本也增加了108%。不断增长的资本回报率在多元化企业中很常见,这就是我们印象深刻的原因。
In Conclusion...
总之...
To sum it up, Axcelis Technologies has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And a remarkable 700% total return over the last five years tells us that investors are expecting more good things to come in the future. Therefore, we think it would be worth your time to check if these trends are going to continue.
总而言之,Axcelis Technologies已经证明它可以对业务进行再投资,并从所使用的资本中获得更高的回报,这太棒了。在过去五年中,700%的惊人总回报率告诉我们,投资者预计未来会有更多的好处。因此,我们认为值得您花时间检查这些趋势是否会持续下去。
If you'd like to know about the risks facing Axcelis Technologies, we've discovered 1 warning sign that you should be aware of.
如果你想知道Axcelis Technologies面临的风险,我们已经发现 1 个警告标志 你应该知道的。
High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.
高回报是实现强劲业绩的关键因素,所以请查看我们的 免费的 资产负债表稳健的股票清单,股本回报率高。
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.
对这篇文章有反馈吗?担心内容吗? 取得联系 直接和我们在一起。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
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。