Why International Flavors & Fragrances Inc. (NYSE:IFF) Could Be Worth Watching
Why International Flavors & Fragrances Inc. (NYSE:IFF) Could Be Worth Watching
Today we're going to take a look at the well-established International Flavors & Fragrances Inc. (NYSE:IFF). The company's stock saw a decent share price growth of 16% on the NYSE over the last few months. The company is inching closer to its yearly highs following the recent share price climb. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. But what if there is still an opportunity to buy? Let's take a look at International Flavors & Fragrances's outlook and value based on the most recent financial data to see if the opportunity still exists.
我们今天将会关注成熟的国际香料和香精公司(International Flavors & Fragrances Inc.) (NYSE:IFF)的情况。在过去几个月里，该公司的股票价格在纽交所上涨了16%。随着最近股价的上涨，该公司即将接近年度高点。作为一个被分析师广泛关注的大型股票，你可能会认为公司前景的任何最新变化已经被股市所反映。但是，如果仍然有买入的机会呢？让我们看看国际香料和香精的前景和价值，基于最新的财务数据，以判断其是否仍存在投资机会。
Is International Flavors & Fragrances Still Cheap?
国际香料和香精公司是否仍然便宜？
According to our valuation model, International Flavors & Fragrances seems to be fairly priced at around 8.77% above our intrinsic value, which means if you buy International Flavors & Fragrances today, you'd be paying a relatively reasonable price for it. And if you believe that the stock is really worth $87.10, then there isn't really any room for the share price grow beyond what it's currently trading. Although, there may be an opportunity to buy in the future. This is because International Flavors & Fragrances's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
根据我们的估值模型，国际香料和香精公司的价格似乎已经达到了公允价值的8.77%左右，这意味着如果你今天购买国际香料和香精，你将为此付出一个相对合理的价格。如果你认为公司股票真正价值为87.10美元，那么股价超过它的当前交易价格的增长空间实际上并不大。不过，将来还可能有机会买入，因为国际香料和香精的贝塔值（股价波动的一种度量值）很高，这意味着相对于市场的其他部分，它的股价波动将会被夸大。如果市场看淡，公司的股价可能会下跌得比其他市场下跌幅度更大，从而提供一个主板买入的机会。
What does the future of International Flavors & Fragrances look like?
国际香料和香精未来的前景是什么样子？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. However, with a relatively muted revenue growth of 4.1% expected over the next couple of years, growth doesn't seem like a key driver for a buy decision for International Flavors & Fragrances, at least in the short term.
未来的前景是你考虑买入股票时的一个重要方面，尤其是如果你是一个希望在你的投资组合中寻求增长的投资者。虽然价值投资者会认为最重要的是相对于价格的内在价值，但更有说服力的投资论点是以低价购买高增长潜力的股票。然而，未来几年国际香料和香精公司的营收增长相对较低，预计只有4.1%，在短期内看来增长并不是买入决策的关键驱动因素。
What This Means For You
这对您意味着什么？
Are you a shareholder? IFF's future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value?
你是否是股东？国际香料和香精公司的未来增长似乎已经被纳入了目前的股价，股票交易价格合理。但是，还有其他重要因素今天我们没有考虑到，例如公司管理团队的历史记录。这些因素自你上次看过股票以来发生了变化吗？如果价格低于公允的价值，你是否有足够的信心投资该公司？
Are you a potential investor? If you've been keeping an eye on IFF, now may not be the most optimal time to buy, given it is trading around its fair value. However, the positive outlook means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
你是潜在的投资者吗？如果你一直关注国际香料和香精公司，现在可能不是最佳的购买时机，因为股票目前交易在公允价值附近。但是，正面的前景意味着值得更深入研究其他因素，例如其资产负债表的强度，以利用下一次股价下跌的机会。
In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. For example, we've found that International Flavors & Fragrances has 2 warning signs (1 makes us a bit uncomfortable!) that deserve your attention before going any further with your analysis.
鉴于此，如果你希望对该公司进行更多的分析，了解相关的风险非常重要。例如，我们发现国际香料和香精公司有2个警示信号(其中1个让我们有点不舒服!)，在进一步分析之前，这些信号值得你的关注。
If you are no longer interested in International Flavors & Fragrances, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你对国际香料和香精公司不再感兴趣，你可以使用我们免费的平台查看我们的50多种具有高增长潜力的其他股票列表。
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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.
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。