We Like These Underlying Return On Capital Trends At Sprinklr (NYSE:CXM)
We Like These Underlying Return On Capital Trends At Sprinklr (NYSE:CXM)
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. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So when we looked at Sprinklr (NYSE:CXM) and its trend of ROCE, we really liked what we saw.
如果你在寻找下一款多袋装机时不确定从哪里开始,那么你应该注意一些关键趋势。在一个完美的世界中,我们希望看到一家公司向其业务投入更多资本,理想情况下,从这些资本中获得的回报也在增加。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。因此,当我们研究Sprinklr(纽约证券交易所代码:CXM)及其投资回报率趋势时,我们真的很喜欢我们所看到的。
Return On Capital Employed (ROCE): What Is It?
资本使用回报率(ROCE):这是什么?
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Sprinklr:
为了澄清一下你是否不确定,ROCE是评估公司从投资于其业务的资本中获得多少税前收入(按百分比计算)的指标。分析师使用这个公式来计算 Sprinklr 的值:
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)
0.02 = US$14m ÷ (US$1.1b - US$399m) (Based on the trailing twelve months to October 2023).
0.02 = 1400万美元 ÷(11亿美元-3.99亿美元) (基于截至2023年10月的过去十二个月)。
Thus, Sprinklr has an ROCE of 2.0%. Ultimately, that's a low return and it under-performs the Software industry average of 7.7%.
因此,Sprinklr 的投资回报率为 2.0%。归根结底,这是一个低回报,其表现低于软件行业7.7%的平均水平。
See our latest analysis for Sprinklr
查看我们对 Sprinklr 的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240119/0-f790c88936e0baa32120de899a890fee-0-e14f4426fc1b38ea54e27b6c01756bd5.png/big)
In the above chart we have measured Sprinklr'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.
在上图中,我们将Sprinklr先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。如果您有兴趣,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 The Trend Of ROCE Can Tell Us
ROCE 的趋势能告诉我们什么
The fact that Sprinklr is now generating some pre-tax profits from its prior investments is very encouraging. About three years ago the company was generating losses but things have turned around because it's now earning 2.0% on its capital. Not only that, but the company is utilizing 208% more capital than before, but that's to be expected from a company trying to break into profitability. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance.
Sprinklr现在从先前的投资中获得了一些税前利润,这一事实非常令人鼓舞。大约三年前,该公司出现了亏损,但情况已经好转,因为现在的资本收益为2.0%。不仅如此,该公司使用的资本比以前增加了208%,对于一家试图实现盈利的公司来说,这是意料之中的。我们喜欢这种趋势,因为它告诉我们公司有有利可图的再投资机会,如果这种趋势继续向前发展,则可能带来多重业绩。
On a related note, the company's ratio of current liabilities to total assets has decreased to 37%, which basically reduces it's funding from the likes of short-term creditors or suppliers. So shareholders would be pleased that the growth in returns has mostly come from underlying business performance.
与此相关的是,该公司的流动负债占总资产的比率已降至37%,这基本上减少了来自短期债权人或供应商等机构的融资。因此,股东们会很高兴回报的增长主要来自基础业务表现。
The Bottom Line On Sprinklr's ROCE
Sprinklr 投资回报率的底线
Long story short, we're delighted to see that Sprinklr's reinvestment activities have paid off and the company is now profitable. Since the stock has returned a solid 37% to shareholders over the last year, it's fair to say investors are beginning to recognize these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.
长话短说,我们很高兴看到Sprinklr的再投资活动取得了回报,该公司现在已经盈利。由于该股去年给股东的回报率稳步增长了37%,因此可以公平地说,投资者开始意识到这些变化。话虽如此,我们仍然认为前景良好的基本面意味着公司值得进一步的尽职调查。
If you want to continue researching Sprinklr, you might be interested to know about the 3 warning signs that our analysis has discovered.
如果你想继续研究Sprinklr,你可能有兴趣了解我们的分析发现的3个警告信号。
While Sprinklr may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
尽管Sprinklr目前可能无法获得最高的回报,但我们编制了一份目前股本回报率超过25%的公司名单。在这里查看这个免费清单。
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