Those Who Invested in Carlisle Companies (NYSE:CSL) Five Years Ago Are up 202%
Those Who Invested in Carlisle Companies (NYSE:CSL) Five Years Ago Are up 202%
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For example, the Carlisle Companies Incorporated (NYSE:CSL) share price has soared 184% in the last half decade. Most would be very happy with that. It's also good to see the share price up 25% over the last quarter. But this could be related to the strong market, which is up 11% in the last three months.
在购买公司股票(假设没有杠杆作用)之后,最糟糕的结果是你损失了所有投入的资金。但好的一面是,如果你以合适的价格购买一家高质量公司的股票,你可以获得超过100%的收益。例如,卡莱尔公司(纽约证券交易所代码:CSL)的股价在过去五年中飙升了184%。大多数人会对此感到非常满意。股价在上个季度上涨了25%也是件好事。但这可能与强劲的市场有关,市场在过去三个月中上涨了11%。
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。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
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。考虑市场对公司的看法发生了怎样的变化的一种不完美但简单的方法是将每股收益(EPS)的变化与股价走势进行比较。
Over half a decade, Carlisle Companies managed to grow its earnings per share at 21% a year. So the EPS growth rate is rather close to the annualized share price gain of 23% per year. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. Rather, the share price has approximately tracked EPS growth.
在过去的五年中,卡莱尔公司设法将其每股收益增长到每年21%。因此,每股收益的增长率相当接近每年23%的年化股价涨幅。因此,人们可以得出结论,对股票的情绪并没有太大变化。相反,股价大致追踪了每股收益的增长。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下图描述了 EPS 随着时间的推移是如何变化的(点击图片可以看到确切的值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240301/0-a3e805ccdf291bdbb95f540729dbe9aa-0-3cadec5246c5df9cfbaeb8a6780d1f5a.png/big)
We know that Carlisle Companies has improved its bottom line over the last three years, but what does the future have in store? Take a more thorough look at Carlisle Companies' financial health with this free report on its balance sheet.
我们知道卡莱尔公司在过去三年中提高了利润,但是未来会怎样?通过这份免费的资产负债表报告,更全面地了解卡莱尔公司的财务状况。
What About Dividends?
分红呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. 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. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Carlisle Companies, it has a TSR of 202% 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.
重要的是要考虑任何给定股票的股东总回报率和股价回报率。尽管股价回报仅反映股价的变化,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。可以说,股东总回报率更全面地描述了股票产生的回报。就卡莱尔公司而言,在过去的5年中,其股东回报率为202%。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 总 股东回报。
A Different Perspective
不同的视角
We're pleased to report that Carlisle Companies shareholders have received a total shareholder return of 37% over one year. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 25% per year), it would seem that the stock's performance has improved in recent times. 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 Carlisle Companies better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Carlisle Companies you should be aware of.
我们很高兴地向大家报告,卡莱尔公司的股东在一年内获得了37%的总股东回报率。当然,这包括股息。由于一年期股东总回报率好于五年期股东总回报率(后者为每年25%),因此该股的表现似乎在最近有所改善。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,为了更好地了解卡莱尔公司,我们需要考虑许多其他因素。一个很好的例子:我们发现了卡莱尔公司的两个警告信号,你应该注意了。
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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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。