Investing in EPAM Systems (NYSE:EPAM) Five Years Ago Would Have Delivered You a 98% Gain
Investing in EPAM Systems (NYSE:EPAM) Five Years Ago Would Have Delivered You a 98% Gain
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. For example, the EPAM Systems, Inc. (NYSE:EPAM) share price is up 98% in the last 5 years, clearly besting the market return of around 74% (ignoring dividends).
当我们投资时,我们通常是在寻找表现超过市场平均水平的股票。收购被低估的企业是获得超额回报的一种途径。例如,EPAM系统公司(纽约证券交易所代码:EPAM)的股价在过去5年中上涨了98%,显然超过了约74%(不计股息)的市场回报率。
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
现在也值得一看公司的基本面,因为这将有助于我们确定长期股东回报是否与基础业务的表现相匹配。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
虽然市场是一种强大的定价机制,但股价反映了投资者的情绪,而不仅仅是潜在的业务表现。通过比较每股收益(EPS)和一段时间内的股价变化,我们可以了解投资者对公司的态度是如何随着时间的推移而变化的。
Over half a decade, EPAM Systems managed to grow its earnings per share at 24% a year. This EPS growth is higher than the 15% average annual increase in the share price. So it seems the market isn't so enthusiastic about the stock these days.
在过去的五年中,EPAM Systems设法将其每股收益增长到每年24%。每股收益的增长高于股价平均年增长15%。因此,如今市场似乎对该股并不那么热情。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
该公司的每股收益(随着时间的推移)如下图所示(点击查看确切数字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240203/0-a8d575f2178af1dd89098bfe5e8ef9f9-0-058f8bde5bb134461f9756b05fe2befe.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. This free interactive report on EPAM Systems' earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
可能值得注意的是,首席执行官的薪水低于类似规模公司的中位数。但是,尽管首席执行官的薪酬总是值得检查的,但真正重要的问题是公司未来能否增加收益。如果你想进一步调查该股,这份关于EPAM Systems收益、收入和现金流的免费互动报告是一个很好的起点。
A Different Perspective
不同的视角
EPAM Systems shareholders are down 23% for the year, but the market itself is up 19%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 15%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. If you would like to research EPAM Systems in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.
EPAM Systems的股东今年下跌了23%,但市场本身却上涨了19%。但是,请记住,即使是最好的股票有时也会在十二个月内表现不如市场。长期投资者不会那么沮丧,因为他们本可以在五年内每年赚15%。最近的抛售可能是一个机会,因此可能值得查看基本面数据以寻找长期增长趋势的迹象。如果你想更详细地研究EPAM Systems,那么你可能需要看看内部人士是否在买入或卖出该公司的股票。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果你想看看另一家公司——一家财务状况可能优异的公司——那么千万不要错过这份已经证明自己可以增加收益的公司的免费名单。
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。
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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。