Is Sprouts Farmers Market, Inc.'s (NASDAQ:SFM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Is Sprouts Farmers Market, Inc.'s (NASDAQ:SFM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Sprouts Farmers Market's (NASDAQ:SFM) stock is up by a considerable 30% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Specifically, we decided to study Sprouts Farmers Market's ROE in this article.
在过去的三个月中,Sprouts Farmers Market (纳斯达克:SFM)的股票上涨了30%。考虑到公司的出色表现,我们决定更仔细地研究一下其财务指标,因为一家公司的长期财务健康状况通常决定了市场结果。特别是,在本文中,我们决定研究Sprouts Farmers Market的roe。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
roe或股东权益回报率是评估公司如何有效地从股东那里获得回报的有用工具。简而言之,它用于评估公司相对于其权益资本的盈利能力。
How To Calculate Return On Equity?
如何计算股东权益报酬率?
The formula for ROE is:
roe的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
净资产收益率 = 净利润(从持续经营中获得)÷ 股东权益
So, based on the above formula, the ROE for Sprouts Farmers Market is:
因此,根据上述公式,Sprouts Farmers Market的roe为:
25% = US$297m ÷ US$1.2b (Based on the trailing twelve months to March 2024).
25% = 2.97亿美元 ÷ 12亿美元 (基于截至2024年三月的过去十二个月)。
The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.25 in profit.
'回报'是过去十二个月的利润。一个概念化这个情况的方法是说,对于每1美元的股东资本,公司创造了0.25美元的利润。
What Is The Relationship Between ROE And Earnings Growth?
既然我们已经确定ROE是一种有效的利润生成标准,用于评估公司未来的盈利能力,我们现在需要评估公司“保留”为未来增长而重新投资的利润多少,这使我们对公司的增长潜力有了一个了解。一般而言,在其他条件相等的情况下,ROE和利润留存高的公司,增长率比没有这些属性的公司要高。
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
因此,我们已经了解到ROE衡量公司如何高效地创造利润。根据公司重新投资或“保留”的利润数量以及其有效性,我们随后能够评估公司的收益增长潜力。假设其他所有因素均保持不变,则ROE和利润保留率越高,相对于不一定具备这些特征的公司,公司的增长率就越高。
Sprouts Farmers Market's Earnings Growth And 25% ROE
Sprouts Farmers Market 的盈利增长和25%的roe
Firstly, we acknowledge that Sprouts Farmers Market has a significantly high ROE. Additionally, the company's ROE is higher compared to the industry average of 12% which is quite remarkable. This likely paved the way for the modest 10% net income growth seen by Sprouts Farmers Market over the past five years.
首先,我们承认Sprouts Farmers Market有一个非常高的roe。此外,公司的roe比12%的行业平均水平更高,这是相当显著的。这可能为Sprouts Farmers Market过去五年间10%的净收入增长铺平了道路。
As a next step, we compared Sprouts Farmers Market's net income growth with the industry and were disappointed to see that the company's growth is lower than the industry average growth of 14% in the same period.
作为下一步,我们将Sprouts Farmers Market的净收入增长与行业进行了比较,看到公司的增长低于同期14%的行业平均增长,我们感到失望。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240706/0-e035f9ba45b92fb2e354678816c18e38-0-23e8d4cebb91b208725c71f9c2681eba.png/big)
Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Sprouts Farmers Market is trading on a high P/E or a low P/E, relative to its industry.
盈利增长是估值一只股票时需要考虑的重要指标。下一步,投资者需要确定的是,预期的盈利增长或其缺乏是否已经反映在股价中。通过这样做,他们将会对股票是前进在清澈的水域还是面对湿地泥沼有一个想法。预期盈利增长的一个好指标是市盈率,它根据收益前景确定市场愿意为一只股票支付的价格。因此,您可能想查看Sprouts Farmers Market相对于其行业是高市盈率还是低市盈率交易。
Is Sprouts Farmers Market Efficiently Re-investing Its Profits?
Sprouts Farmers Market是否有效地重新投资其利润?
Sprouts Farmers Market doesn't pay any regular dividends, meaning that all of its profits are being reinvested in the business, which explains the fair bit of earnings growth the company has seen.
Sprouts Farmers Market不支付任何常规股息,这意味着其所有利润都被重新投资到业务中,这解释了公司看到的相当大的盈利增长。
Summary
总的来说,我们对伟明环保的表现非常满意。具体而言,我们喜欢公司以高回报率再投资了其利润的很大一部分。当然,这导致公司的收益大幅增长。但是,最新的行业分析师预测表明,该公司的收益预计将加速增长。
On the whole, we feel that Sprouts Farmers Market's performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see a good amount of growth in its earnings. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总体而言,我们认为Sprouts Farmers Market的表现相当不错。特别地,我们喜欢公司高比率地重新投资其利润,这当然导致了公司收益的相当大的增长。尽管如此,公司的盈利增长预计将会减缓,如当前分析师所预测的。要了解有关该公司最新分析师预测的更多信息,请查看此可视化的分析师预测。
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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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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。