Is Lululemon Athletica Inc.'s (NASDAQ:LULU) Latest Stock Performance A Reflection Of Its Financial Health?
Is Lululemon Athletica Inc.'s (NASDAQ:LULU) Latest Stock Performance A Reflection Of Its Financial Health?
Lululemon Athletica (NASDAQ:LULU) has had a great run on the share market with its stock up by a significant 11% over the last 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. Particularly, we will be paying attention to Lululemon Athletica's ROE today.
Lululemon Athletica(纳斯达克股票代码:LULU)在过去三个月中大幅上涨了11%,在股市上表现良好。由于市场通常会为公司的长期基本面买单,因此我们决定研究公司的关键绩效指标,看看它们是否会影响市场。特别是,我们今天将关注Lululemon Athletica的投资回报率。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
ROE或股本回报率是评估公司如何有效地从股东那里获得的投资中获得回报的有用工具。简而言之,它用于评估公司相对于其股权资本的盈利能力。
View our latest analysis for Lululemon Athletica
查看我们对 Lululemon Athletica 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:
股本回报率可以使用以下公式计算:
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 Lululemon Athletica is:
因此,根据上述公式,Lululemon Athletica 的投资回报率为:
29% = US$1.0b ÷ US$3.5b (Based on the trailing twelve months to July 2023).
29% = 10亿美元 ¥35亿美元(基于截至2023年7月的过去十二个月)。
The 'return' is the amount earned after tax over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.29.
“申报表” 是过去十二个月的税后收入金额。因此,这意味着其股东每投资1美元,公司就会产生0.29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?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. 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,投资回报率衡量的是公司创造利润的效率。现在,我们需要评估公司再投资或 “保留” 了多少利润以用于未来的增长,从而使我们对公司的增长潜力有所了解。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。
Lululemon Athletica's Earnings Growth And 29% ROE
Lululemon Athletica 的收益增长和 29% 的投资回报率
Firstly, we acknowledge that Lululemon Athletica has a significantly high ROE. Secondly, even when compared to the industry average of 15% the company's ROE is quite impressive. So, the substantial 20% net income growth seen by Lululemon Athletica over the past five years isn't overly surprising.
首先,我们承认Lululemon Athletica的投资回报率非常高。其次,即使与15%的行业平均水平相比,该公司的投资回报率也相当可观。因此,Lululemon Athletica在过去五年中实现了20%的强劲净收入增长并不奇怪。
Next, on comparing with the industry net income growth, we found that Lululemon Athletica's growth is quite high when compared to the industry average growth of 14% 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Lululemon Athletica的增长相当高,而同期行业平均增长率为14%,这很高兴看到。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231123/0-f777cb2a3f2db30cedaa5a71ce93ed84-0-59737110cd16f64b45c1c184f28acb5b.png/big)
Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Lululemon Athletica fairly valued compared to other companies? These 3 valuation measures might help you decide.
收益增长是估值股票时要考虑的重要指标。对于投资者来说,重要的是要知道市场是否影响了公司的预期收益增长(或下降)。通过这样做,他们将知道这只股票是进入清澈的蓝色海水还是沼泽水域在等着你。与其他公司相比,Lululemon Athletica 的估值是否公平?这三种估值指标可能有助于您做出决定。
Is Lululemon Athletica Making Efficient Use Of Its Profits?
Lululemon Athletica 是否在有效利用其利润?
Lululemon Athletica doesn't pay any dividend currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above.
Lululemon Athletica目前没有支付任何股息,这本质上意味着它一直在将所有利润再投资于该业务。这无疑助长了我们在上面讨论的高收益增长数字。
Conclusion
结论
On the whole, we feel that Lululemon Athletica's performance has been quite good. 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. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总的来说,我们觉得 Lululemon Athletica 的表现相当不错。特别是,很高兴看到该公司正在对其业务进行大量投资,再加上高回报率,这使其收益大幅增长。在研究分析师目前的估计时,我们发现分析师预计该公司将继续保持最近的增长势头。要详细了解分析师对公司的最新预测,请查看分析师对公司的预测的可视化。
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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。