Returns At Certara (NASDAQ:CERT) Are On The Way Up
Returns At Certara (NASDAQ:CERT) Are On The Way Up
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. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Certara's (NASDAQ:CERT) returns on capital, so let's have a look.
如果你在寻找下一款多功能装袋机时不确定从哪里开始,那么你应该留意一些关键趋势。除其他外,我们希望看到两件事;首先,成长 返回 论资本使用率(ROCE),其次是公司的扩张 金额 所用资本的比例。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。说到这里,我们注意到Certara(纳斯达克股票代码:CERT)的资本回报率发生了一些重大变化,所以让我们来看看吧。
Understanding Return On Capital Employed (ROCE)
了解资本使用回报率 (ROCE)
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Certara:
如果你以前没有与ROCE合作过,它会衡量公司从其业务中使用的资本中产生的 “回报”(税前利润)。分析师使用这个公式来计算 Certara 的金额:
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)
0.0098 = US$14m ÷ (US$1.6b - US$130m) (Based on the trailing twelve months to December 2023).
0.0098 = 1400 万美元 ÷(16 亿美元-1.3 亿美元) (基于截至2023年12月的过去十二个月)。
So, Certara has an ROCE of 1.0%. In absolute terms, that's a low return and it also under-performs the Healthcare Services industry average of 6.2%.
因此,Certara 的投资回报率为 1.0%。从绝对值来看,这是一个低回报,其表现也低于医疗服务行业6.2%的平均水平。
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240321/0-e6e645653593b0eb88f20b3c7874fd14-0-23eca7740902c758b19caa6aebe7fbd3.png/big)
Above you can see how the current ROCE for Certara compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Certara for free.
在上面你可以看到Certara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。如果你愿意,你可以免费查看报道Certara的分析师的预测。
What Can We Tell From Certara's ROCE Trend?
我们可以从 Certara 的 ROCE 趋势中得出什么?
The fact that Certara is now generating some pre-tax profits from its prior investments is very encouraging. Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 1.0% on its capital. And unsurprisingly, like most companies trying to break into the black, Certara is utilizing 45% more capital than it was five years ago. This can tell us that the company has plenty of reinvestment opportunities that are able to generate higher returns.
Certara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。毫无疑问,股东们会对此感到满意,因为该企业在五年前亏损,但现在的资本收益为1.0%。毫不奇怪,与大多数试图进入亏损的公司一样,Certara的资本使用量比五年前增加了45%。这可以告诉我们,该公司有大量的再投资机会,能够产生更高的回报。
The Bottom Line
底线
In summary, it's great to see that Certara has managed to break into profitability and is continuing to reinvest in its business. Astute investors may have an opportunity here because the stock has declined 31% in the last three years. With that in mind, we believe the promising trends warrant this stock for further investigation.
总而言之,很高兴看到 Certara 成功实现盈利并继续对其业务进行再投资。精明的投资者可能在这里有机会,因为该股在过去三年中下跌了31%。考虑到这一点,我们认为前景乐观的趋势值得对该股进行进一步调查。
On the other side of ROCE, we have to consider valuation. That's why we have a FREE intrinsic value estimation for CERT on our platform that is definitely worth checking out.
在ROCE的另一方面,我们必须考虑估值。这就是为什么我们在平台上免费提供CERT的内在价值估算值的原因,绝对值得一试。
While Certara 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Certara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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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。