Why We Like The Returns At Atkore (NYSE:ATKR)
Why We Like The Returns At Atkore (NYSE:ATKR)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Atkore's (NYSE:ATKR) returns on capital, so let's have a look.
如果你在寻找下一款多功能装袋机时不确定从哪里开始,那么你应该留意一些关键趋势。在一个完美的世界中,我们希望看到一家公司向其业务投资更多的资本,理想情况下,从这些资本中获得的回报也在增加。基本上,这意味着一家公司有可以继续进行再投资的盈利计划,这是复合机的一个特征。说到这里,我们注意到Atkore(纽约证券交易所代码:ATKR)的资本回报率发生了一些重大变化,所以让我们来看看吧。
What Is Return On Capital Employed (ROCE)?
什么是资本使用回报率(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. Analysts use this formula to calculate it for Atkore:
对于那些不确定ROCE是什么的人来说,它衡量的是公司从业务中使用的资本中可以产生的税前利润额。分析师使用以下公式为 Atkore 计算:
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)
0.38 = US$894m ÷ (US$2.9b - US$565m) (Based on the trailing twelve months to September 2023).
0.38 = 8.94 亿美元 ¥(29 亿美元-5.65 亿美元) (基于截至2023年9月的过去十二个月)。
Therefore, Atkore has an ROCE of 38%. In absolute terms that's a great return and it's even better than the Electrical industry average of 13%.
因此,Atkore的投资回报率为38%。从绝对值来看,这是一个不错的回报,甚至比电气行业13%的平均水平还要好。
See our latest analysis for Atkore
查看我们对 Atkore 的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231204/0-db65375d9846da94188e5ada96513cd6-0-fe249c297844e7d2d4033d754dd83976.png/big)
Above you can see how the current ROCE for Atkore compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Atkore.
在上方你可以看到Atkore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。如果你想了解分析师对未来的预测,你应该查看我们为Atkore提供的免费报告。
What The Trend Of ROCE Can Tell Us
ROCE 的趋势能告诉我们什么
Atkore is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 38%. Basically the business is earning more per dollar of capital invested and in addition to that, 125% more capital is being employed now too. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.
Atkore显示出一些积极的趋势。数据显示,在过去五年中,资本回报率已大幅增长至38%。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125%。这可能表明,有很多机会以更高的利率在内部进行资本投资,这种组合在多元化企业中很常见。
The Bottom Line On Atkore's ROCE
Atkore 投资回报率的底线
To sum it up, Atkore has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 597% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue.
总而言之,Atkore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。由于该股在过去五年中为股东带来了惊人的597%的回报,看来投资者已经意识到了这些变化。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。
On a final note, we've found 1 warning sign for Atkore that we think you should be aware of.
最后一点,我们发现了 Atkore 的 1 个警告信号,我们认为你应该注意这些信号。
If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity.
如果你想搜索更多获得高回报的股票,可以查看这份资产负债表稳健且净资产回报率也很高的股票的免费清单。
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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。