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DoubleDown Interactive (NASDAQ:DDI) Is Looking To Continue Growing Its Returns On Capital

DoubleDown Interactive (NASDAQ:DDI) Is Looking To Continue Growing Its Returns On Capital

DoubleDown Interactive(纳斯达克股票代码:DDI)希望继续提高其资本回报率
Simply Wall St ·  02/13 07:23

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in DoubleDown Interactive's (NASDAQ:DDI) returns on capital, so let's have a look.

我们应该寻找哪些趋势?我们想确定可以长期价值成倍增长的股票?一种常见的方法是尝试找一家公司 回报 论资本使用率(ROCE)在增加的同时增长 金额 所用资本的比例。如果你看到这一点,这通常意味着它是一家拥有良好商业模式和大量盈利再投资机会的公司。说到这里,我们注意到DoubleDown Interactive(纳斯达克股票代码:DDI)的资本回报率发生了一些重大变化,所以让我们来看看吧。

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. The formula for this calculation on DoubleDown Interactive is:

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。在 DoubleDown Interactive 上进行此计算的公式为:

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)

0.15 = US$107m ÷ (US$761m - US$53m) (Based on the trailing twelve months to September 2023).

0.15 = 1.07 亿美元 ÷(7.61 亿美元-5300 万美元) (基于截至2023年9月的过去十二个月)

So, DoubleDown Interactive has an ROCE of 15%. On its own, that's a standard return, however it's much better than the 8.4% generated by the Entertainment industry.

因此,DoubleDown Interactive的投资回报率为15%。就其本身而言,这是标准回报,但要比娱乐业产生的8.4%好得多。

roce
NasdaqGS:DDI Return on Capital Employed February 13th 2024
纳斯达克GS:2024年2月13日DDI已动用资本回报率

Above you can see how the current ROCE for DoubleDown Interactive 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 DoubleDown Interactive.

上面你可以看到DoubleDown Interactive当前的投资回报率与其先前的资本回报率相比如何,但从过去可以看出来的只有那么多。如果你想了解分析师对未来的预测,你应该查看我们的DoubleDown Interactive免费报告。

What Does the ROCE Trend For DoubleDown Interactive Tell Us?

DoubleDown Interactive 的投资回报率趋势告诉我们什么?

DoubleDown Interactive's ROCE growth is quite impressive. More specifically, while the company has kept capital employed relatively flat over the last three years, the ROCE has climbed 35% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. The company is doing well in that sense, and it's worth investigating what the management team has planned for long term growth prospects.

DoubleDown Interactive的投资回报率增长相当可观。更具体地说,尽管该公司在过去三年中一直保持相对平稳的资本使用率,但同期投资回报率增长了35%。基本上,该业务正在从相同数量的资本中获得更高的回报,这证明了公司的效率有所提高。从这个意义上讲,该公司表现良好,值得研究管理团队对长期增长前景的计划。

In Conclusion...

总之...

As discussed above, DoubleDown Interactive appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. Since the stock has returned a solid 8.5% 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.

如上所述,DoubleDown Interactive似乎越来越擅长创造回报,因为资本利用率保持不变,但收益(不计利息和税收)有所增加。由于该股去年给股东的回报率稳步增长了8.5%,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。

On the other side of ROCE, we have to consider valuation. That's why we have a FREE intrinsic value estimation on our platform that is definitely worth checking out.

在投资回报率的另一面,我们必须考虑估值。这就是为什么我们在平台上提供了免费的内在价值估算值的原因,这绝对值得一试。

While DoubleDown Interactive isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.

尽管DoubleDown Interactive的回报率并不高,但请查看这份免费的股票回报率高、资产负债表稳健的公司名单。

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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.

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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。

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