We Ran A Stock Scan For Earnings Growth And Tidewater (NYSE:TDW) Passed With Ease
We Ran A Stock Scan For Earnings Growth And Tidewater (NYSE:TDW) Passed With Ease
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
对于很多投资者,尤其是那些缺乏经验的人来说,购买一些有好故事的公司的股票是很常见的,即使这些公司是亏损的。有时这些故事可以让投资者有所动摇,导致他们凭感情而非公司的好基本面进行投资。亏损的公司还未能证明自己具备盈利能力,外部资本流入可能最终会枯竭。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Tidewater (NYSE:TDW). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing.
尽管处于科技股蓝天投资时代,但许多投资者仍采取更传统的策略,购买像Tidewater(纽交所:TDW)这样盈利公司的股票。虽然这不一定说明它是否被低估,但业务的盈利足以值得一些欣赏,特别是如果它正在增长。
Tidewater's Improving Profits
Tidewater的盈利表现改善
Strong earnings per share (EPS) results are an indicator of a company achieving solid profits, which investors look upon favourably and so the share price tends to reflect great EPS performance. So a growing EPS generally brings attention to a company in the eyes of prospective investors. Commendations have to be given in seeing that Tidewater grew its EPS from US$0.025 to US$2.53, in one short year. Even though that growth rate may not be repeated, that looks like a breakout improvement. Could this be a sign that the business has reached an inflection point?
每股收益(EPS)的强劲增长是公司实现稳定盈利的指标,投资者看好这一点,因此股价往往反映出出色的EPS表现。因此,增长的EPS通常会引起潜在投资者的关注。令人赞叹的是,Tidewater在短短的一年内将其EPS从0.025美元增长到2.53美元。即使这种增长率可能不会重复,那看起来也像是一个重大的突破性改善。这可能是公司已经达到转折点的迹象吗?
Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. The good news is that Tidewater is growing revenues, and EBIT margins improved by 12.8 percentage points to 20%, over the last year. That's great to see, on both counts.
顶线增长是稳定增长的重要指标,结合高利润增长率(EBIT)的边际收益率,对于公司在市场上保持竞争优势是一个不错的方法。好消息是,Tidewater正在增长营业收入,并且在过去的一年中,EBIT边际率提高了12.8个百分点,达到了20%。在这两个方面都看到这样的表现真的很不错。
The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image.
下图显示了该公司底线和顶线随着时间的推移而发展的情况。点击图片以获取更精细的详细信息。
![earnings-and-revenue-history](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240616/0-e73ef85d46822423a7d60cafd44e724a-0-61090557175b8cb805aa9405964c004f.png/big)
In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of Tidewater's forecast profits?
在投资中,未来比过去更重要。为什么不看看Tidewater的这个免费交互式可视化呢?预测利润?
Are Tidewater Insiders Aligned With All Shareholders?
Tidewater内部人员与所有股东的利益是否一致?
Since Tidewater has a market capitalisation of US$5.1b, we wouldn't expect insiders to hold a large percentage of shares. But we do take comfort from the fact that they are investors in the company. Given insiders own a significant chunk of shares, currently valued at US$97m, they have plenty of motivation to push the business to succeed. That's certainly enough to let shareholders know that management will be very focussed on long term growth.
由于Tidewater的市值为51亿美元,我们不会期望内部人员持有大量股份。但我们确实对他们是公司投资者这一事实感到放心。鉴于内部人员拥有价值9700万美元的大量股份,他们有足够的动力推动业务取得成功。这足以让股东知道管理层将非常专注于长期增长。
It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Our quick analysis into CEO remuneration would seem to indicate they are. Our analysis has discovered that the median total compensation for the CEOs of companies like Tidewater with market caps between US$4.0b and US$12b is about US$8.5m.
看到内部人员投资了公司,这是件好事,但薪酬水平合理吗?我们对首席执行官薪酬的快速分析似乎表明是合理的。我们的分析发现,像Tidewater这样的市值在40亿美元和120亿美元之间的公司的首席执行官的中位数总薪酬约为850万美元。
Tidewater offered total compensation worth US$4.2m to its CEO in the year to December 2023. That comes in below the average for similar sized companies and seems pretty reasonable. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. It can also be a sign of good governance, more generally.
Tidewater在2023年12月的一年中向其首席执行官提供了价值420万美元的总薪酬。这低于同等规模公司的平均水平,看起来相当合理。首席执行官薪酬水平不是投资者最重要的指标,但当薪酬适度时,这支持首席执行官与普通股东之间的增强对齐。这也可能是良好治理的标志。
Should You Add Tidewater To Your Watchlist?
你应该将Tidewater加入自选吗?
Tidewater's earnings have taken off in quite an impressive fashion. The cherry on top is that insiders own a bucket-load of shares, and the CEO pay seems really quite reasonable. The strong EPS improvement suggests the businesses is humming along. Tidewater certainly ticks a few boxes, so we think it's probably well worth further consideration. It is worth noting though that we have found 3 warning signs for Tidewater that you need to take into consideration.
Tidewater的盈利表现以令人印象深刻的方式起飞。更重要的是,内部人员拥有大量股份,首席执行官的薪酬似乎非常合理。强劲的EPS改善表明业务正在顺利进行。Tidewater当然满足了几个要求,因此我们认为它可能值得进一步考虑。值得注意的是,我们发现Tidewater存在3个警告信号,需要考虑。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by significant insider holdings.
总有可能买入没有利润增长和没有内部人买入股票的股票而获得好的回报。但对于那些认为这些指标很重要的人,我们鼓励您查看具备这些特征的公司。您可以访问定制的马来西亚公司列表,其中这些公司已经证明了由内部人拥有的重要性所支持的成长。不应成长收益的公司中并展示没有但对于那些认为这些指标很重要的人来说,我们鼓励您查看那些具有这些特征的公司。您可以查看由内部人士持有股份支持的增长的定制公司列表。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意,本文讨论的内部交易是指在相关司法管辖区中报告的交易。
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.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者发送电子邮件至editorial-team@simplywallst.com。