Is Teledyne Technologies Incorporated's (NYSE:TDY) Recent Stock Performance Influenced By Its Financials In Any Way?
Is Teledyne Technologies Incorporated's (NYSE:TDY) Recent Stock Performance Influenced By Its Financials In Any Way?
Teledyne Technologies' (NYSE:TDY) stock is up by 3.3% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Teledyne Technologies' ROE today.
过去一个月中,Teledyne Technologies (纽交所:TDY) 股价上涨了3.3%。我们想知道公司财务状况对于股价变动可能产生了什么作用,因为公司长期的基本面通常决定市场的结果。特别关注一下今天的 Teledyne Technologies 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. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
roe指股东权益回报率,是一种有用的工具,用于评估公司如何有效地从股东获得的投资中产生回报。简单来说,这衡量了一家公司相对于股东权益的盈利能力。
How To Calculate Return On Equity?
如何计算股东权益报酬率?
Return on equity can be calculated by using the formula:
股东权益报酬率可以使用以下公式计算:
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 Teledyne Technologies is:
因此,根据上述公式,Teledyne Technologies 的 ROE 为:
9.5% = US$887m ÷ US$9.3b (Based on the trailing twelve months to March 2024).
9.5% = $8,8700万 ÷ $9,300亿 (基于截至2024年3月的过去十二个月)
The 'return' is the yearly profit. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.10.
'回报'是年利润。这意味着对于股东的每1美元投资,公司能够产生0.10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. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
到目前为止,我们学到了ROE如何评估公司有效地产生利润。根据公司再投资或“保留”的这些利润的多少以及其如何有效地进行再投资,我们可以评估公司的盈利增长潜力。一般而言,在其他条件相同的情况下,ROE高、利润保留高的公司,比没有这些属性的公司增长率更高。
Teledyne Technologies' Earnings Growth And 9.5% ROE
Teledyne Technologies 的盈利增长和9.5%ROE
On the face of it, Teledyne Technologies' ROE is not much to talk about. However, given that the company's ROE is similar to the average industry ROE of 9.6%, we may spare it some thought. Looking at Teledyne Technologies' exceptional 21% five-year net income growth in particular, we are definitely impressed. Considering the moderately low ROE, it is quite possible that there might be some other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.
表面上看,Teledyne Technologies 的 ROE 并不值得一提。然而,考虑到公司的 ROE 与行业平均 ROE 相似(9.6%),我们可以多加思考。尤其是,Teledyne Technologies 的出色五年净收入增长率为21%,让我们印象深刻。考虑到 ROE 相对较低,公司盈利增长可能受到其他一些积极影响,例如高盈利保留或高效管理等。
We then compared Teledyne Technologies' net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 15% in the same 5-year period.
我们随后将 Teledyne Technologies 的净收入增长率与行业进行比较,很高兴看到公司的增长比率要高于同一五年期间行业的15%。
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Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. What is TDY worth today? The intrinsic value infographic in our free research report helps visualize whether TDY is currently mispriced by the market.
盈利增长是考虑股票价值时需要考虑的重要指标。投资者应该尝试确定期望的盈利增长或下降是否已定价。这有助于他们判断股票的未来前景是光明还是黯淡。TDY今天的价值是多少?我们免费的研究报告中的内在价值信息图表有助于可视化了解TDY是否被市场错误定价。
Is Teledyne Technologies Using Its Retained Earnings Effectively?
Teledyne Technologies 是否有效利用了保留收益?
Teledyne Technologies doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above.
Teledyne Technologies 目前不支付常规股息,这基本意味着它一直将所有利润再投资于业务。这绝对对我们上面提到的高盈利增长数字产生了贡献。
Conclusion
结论
Overall, we feel that Teledyne Technologies certainly does have some positive factors to consider. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总的来说,我们认为 Teledyne Technologies 肯定有一些积极因素需要考虑。即使回报率相对较低,公司由于大量再投资于业务而取得了出色的盈利增长。即便如此,最新的分析师预测显示该公司预计将看到未来盈利增长放缓。要了解更多关于该公司最新分析师预测的信息,请查看此可视化分析师预测。
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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?对内容感到担忧?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。