Arcos Dorados Holdings (NYSE:ARCO) Pulls Back 3.6% This Week, but Still Delivers Shareholders Splendid 34% CAGR Over 3 Years
Arcos Dorados Holdings (NYSE:ARCO) Pulls Back 3.6% This Week, but Still Delivers Shareholders Splendid 34% CAGR Over 3 Years
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a really great company, you can more than double your money. For example, the Arcos Dorados Holdings Inc. (NYSE:ARCO) share price has soared 131% in the last three years. That sort of return is as solid as granite. Also pleasing for shareholders was the 20% gain in the last three months. But this could be related to the strong market, which is up 9.4% in the last three months.
任何股票(假设你不使用杠杆)的最大损失是你的资金的100%。但是,如果你购买一家非常优秀的公司的股票,你可以 更多 比你的钱翻一番。例如,阿科斯多拉多斯控股公司(纽约证券交易所代码:ARCO)的股价在过去三年中飙升了131%。这种回报就像花岗岩一样坚实。同样令股东高兴的是过去三个月的20%的涨幅。但这可能与强劲的市场有关,市场在过去三个月中上涨了9.4%。
Since the long term performance has been good but there's been a recent pullback of 3.6%, let's check if the fundamentals match the share price.
由于长期表现良好,但最近回调了3.6%,因此让我们检查一下基本面是否与股价相符。
Check out our latest analysis for Arcos Dorados Holdings
查看我们对Arcos Dorados Holdings的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
不可否认的是,市场有时是有效的,但价格并不总是能反映基本的业务表现。评估公司情绪变化的一种有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。
During three years of share price growth, Arcos Dorados Holdings moved from a loss to profitability. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.
在三年的股价增长中,阿科斯多拉多斯控股公司从亏损转为盈利。正如我们在这里看到的那样,这种转变可能是一个转折点,可以证明股价的强劲上涨是合理的。
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
您可以在下图中看到每股收益如何随着时间的推移而变化(点击图表查看确切值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240117/0-27f9e5427083fe1819fcf624ab33d84d-0-fe14a34370da6bcb94e8dfb29451d7d1.png/big)
We know that Arcos Dorados Holdings has improved its bottom line over the last three years, but what does the future have in store? It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
我们知道阿科斯多拉多斯控股在过去三年中提高了利润,但是未来会怎样?可能值得一看我们的免费报告,了解其财务状况如何随着时间的推移而变化。
What About Dividends?
那股息呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Arcos Dorados Holdings' TSR for the last 3 years was 141%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence!
在考虑投资回报时,重要的是要考虑两者之间的区别 股东总回报率 (TSR) 和 股价回报。股东总回报率是一种回报计算方法,它考虑了现金分红的价值(假设收到的任何股息都经过再投资)以及任何贴现资本筹集和分拆的计算价值。因此,对于支付丰厚股息的公司来说,股东总回报率通常远高于股价回报率。碰巧的是,阿科斯多拉多斯控股公司过去3年的股东总回报率为141%,超过了前面提到的股价回报率。而且,猜测股息支付在很大程度上解释了这种分歧是没有好处的!
A Different Perspective
不同的视角
It's nice to see that Arcos Dorados Holdings shareholders have received a total shareholder return of 39% over the last year. Of course, that includes the dividend. That's better than the annualised return of 8% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Arcos Dorados Holdings better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for Arcos Dorados Holdings you should know about.
很高兴看到阿科斯多拉多斯控股的股东在过去一年中获得了39%的总股东回报率。当然,这包括股息。这比五年来8%的年化回报率要好,这意味着该公司最近的表现更好。持乐观态度的人可能会将最近股东总回报率的改善视为业务本身随着时间的推移而变得更好。长期跟踪股价表现总是很有意思的。但是,为了更好地了解阿科斯多拉多斯控股公司,我们需要考虑许多其他因素。例如,考虑风险。每家公司都有它们,我们发现了两个你应该知道的Arcos Dorados Holdings警告信号。
Of course Arcos Dorados Holdings may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,阿科斯多拉多斯控股可能不是最好的买入股票。因此,您可能希望看到这批免费的成长股。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报率。
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?对内容感到担忧?直接联系我们。 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提供基于历史数据和分析师预测的评论,我们的文章并非旨在提供财务建议。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,我们的分析可能不会考虑最新的价格敏感型公司公告或定性材料。华尔街只是没有持有上述任何股票的头寸。