Addus HomeCare (NASDAQ:ADUS) Is Looking To Continue Growing Its Returns On Capital
Addus HomeCare (NASDAQ:ADUS) Is Looking To Continue Growing Its Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, we've noticed some promising trends at Addus HomeCare (NASDAQ:ADUS) so let's look a bit deeper.
我们应该寻找哪些趋势?我们想确定可以长期价值成倍增长的股票?理想情况下,企业将表现出两种趋势;首先是增长 返回 论资本使用率(ROCE),其次是增加 金额 已动用资本的百分比。简而言之,这些类型的企业是复合机器,这意味着他们不断以更高的回报率对收益进行再投资。考虑到这一点,我们已经注意到Addus HomeCare(纳斯达克股票代码:ADUS)的一些有前途的趋势,所以让我们更深入地研究一下。
Return On Capital Employed (ROCE): What Is It?
资本使用回报率(ROCE):这是什么?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Addus HomeCare is:
如果你以前没有与ROCE合作过,它可以衡量一家公司从其业务中使用的资本中产生的 “回报”(税前利润)。Addus HomeCare 的计算公式为:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
已动用资本回报率 = 息税前收益 (EBIT) ¥(总资产-流动负债)
0.099 = US$88m ÷ (US$1.0b - US$140m) (Based on the trailing twelve months to September 2023).
0.099 = 8,800 万美元 ¥(10 亿美元-1.4 亿美元) (基于截至2023年9月的过去十二个月)。
Thus, Addus HomeCare has an ROCE of 9.9%. Even though it's in line with the industry average of 9.9%, it's still a low return by itself.
因此,Addus HomeCare的投资回报率为9.9%。尽管它与9.9%的行业平均水平一致,但它本身的回报率仍然很低。
See our latest analysis for Addus HomeCare
查看我们对 Addus HomeCare 的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231115/0-0ebbece33ca0df84d403d978cf9090b8-0-5a220095708c7c840d190600f219fe6c.png/big)
In the above chart we have measured Addus HomeCare's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
在上面的图表中,我们对Addus HomeCare之前的投资回报率与之前的表现进行了比较,但可以说,未来更为重要。如果你有兴趣,可以在我们关于公司分析师预测的免费报告中查看分析师的预测。
What Can We Tell From Addus HomeCare's ROCE Trend?
我们可以从 Addus HomeCare 的 ROCE 趋势中看出什么?
Even though ROCE is still low in absolute terms, it's good to see it's heading in the right direction. Over the last five years, returns on capital employed have risen substantially to 9.9%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 143%. So we're very much inspired by what we're seeing at Addus HomeCare thanks to its ability to profitably reinvest capital.
尽管绝对投资回报率仍然很低,但很高兴看到它正朝着正确的方向前进。在过去五年中,资本使用回报率已大幅上升至9.9%。实际上,该公司每使用1美元的资本可以赚更多的钱,值得注意的是,资本金额也增加了143%。因此,我们在Addus HomeCare看到的情况给我们带来了极大的启发,这要归功于它能够以盈利的方式进行资本再投资。
What We Can Learn From Addus HomeCare's ROCE
我们可以从 Addus HomeCare 的 ROCE 中学到什么
A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what Addus HomeCare has. Considering the stock has delivered 27% to its stockholders over the last five years, it may be fair to think that investors aren't fully aware of the promising trends yet. So with that in mind, we think the stock deserves further research.
一家不断提高资本回报率并且能够持续进行自我再投资的公司是一个备受追捧的特征,而这正是Addus HomeCare的特征。考虑到该股在过去五年中已向股东交付了27%,可以公平地认为,投资者尚未完全意识到这些前景广阔的趋势。因此,考虑到这一点,我们认为该股值得进一步研究。
On the other side of ROCE, we have to consider valuation. That's why we have a FREE intrinsic value estimation on our platform that is definitely worth checking out.
在投资回报率的另一面,我们必须考虑估值。这就是为什么我们在平台上提供了免费的内在价值估算值的原因,这绝对值得一试。
For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity.
对于那些喜欢投资稳健公司的人,可以查看这份资产负债表稳健和股本回报率高的公司的免费清单。
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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,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本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型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。