share_log

TJX Companies (NYSE:TJX) Shareholders Have Earned a 16% CAGR Over the Last Five Years

TJX Companies (NYSE:TJX) Shareholders Have Earned a 16% CAGR Over the Last Five Years

在过去五年中,TJX公司(纽约证券交易所代码:TJX)股东的复合年增长率为16%
Simply Wall St ·  02/14 20:11

When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. For example, long term The TJX Companies, Inc. (NYSE:TJX) shareholders have enjoyed a 94% share price rise over the last half decade, well in excess of the market return of around 70% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 23% in the last year , including 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。根据我们的经验,购买合适的股票可以显著增加您的财富。例如,TJX Companies, Inc.(纽约证券交易所代码:TJX)的长期股东在过去五年中股价上涨了94%,远远超过了约70%的市场回报率(不包括股息)。但是,最近的回报并不那么令人印象深刻,该股去年的回报率仅为23%,包括股息。

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

考虑到这一点,值得一看公司的基本面是否是长期业绩的驱动力,或者是否存在一些差异。

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).

引用巴菲特的话说:“船只将在世界各地航行,但Flat Earth Society将蓬勃发展。市场上的价格和价值之间将继续存在巨大差异...”研究市场情绪如何随着时间的推移而变化的一种方法是研究公司股价与其每股收益(EPS)之间的相互作用。

Over half a decade, TJX Companies managed to grow its earnings per share at 7.8% a year. This EPS growth is slower than the share price growth of 14% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth.

在过去的五年中,TJX公司设法将其每股收益增长到每年7.8%。每股收益的增长低于同期每年14%的股价增长。因此,可以公平地假设市场对该业务的看法比五年前更高。考虑到五年的收益增长记录,这并不一定令人惊讶。

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
NYSE:TJX Earnings Per Share Growth February 14th 2024
纽约证券交易所:TJX 每股收益增长 2024 年 2 月 14 日

It is of course excellent to see how TJX Companies has grown profits over the years, but the future is more important for shareholders. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.

看到TJX Companies多年来如何增加利润当然是件好事,但未来对股东来说更为重要。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?

分红呢?

When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of TJX Companies, it has a TSR of 108% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

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 (TSR) 和 股价回报。尽管股价回报率仅反映股价的变化,但股东总回报率包括股息的价值(假设已进行再投资)以及任何折扣融资或分拆的收益。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。就TJX公司而言,其在过去5年的股东总回报率为108%。这超过了我们之前提到的其股价回报率。因此,该公司支付的股息提高了 股东回报。

A Different Perspective

不同的视角

It's nice to see that TJX Companies shareholders have received a total shareholder return of 23% over the last year. Of course, that includes the dividend. That's better than the annualised return of 16% over half a decade, implying that the company is doing better recently. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand TJX Companies better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for TJX Companies you should know about.

很高兴看到TJX公司的股东在过去一年中获得了23%的总股东回报率。当然,这包括股息。这比五年来16%的年化回报率要好,这意味着该公司最近的表现更好。鉴于股价势头仍然强劲,可能值得仔细研究该股,以免错过机会。长期跟踪股价表现总是很有意思的。但是,为了更好地了解TJX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,我们发现了一个你应该知道的TJX公司的警告信号。

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

如果你像我一样,那么你不会想错过这份业内人士正在收购的成长型公司的免费名单。

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。

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。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
    抢沙发