Tronox Holdings' (NYSE:TROX) Investors Will Be Pleased With Their Notable 68% Return Over the Last Five Years
Tronox Holdings' (NYSE:TROX) Investors Will Be Pleased With Their Notable 68% Return Over the Last Five Years
It might be of some concern to shareholders to see the Tronox Holdings plc (NYSE:TROX) share price down 15% in the last month. On the bright side the share price is up over the last half decade. Unfortunately its return of 45% is below the market return of 96%.
特洛诺克斯控股有限公司(NYSE:TROX)股价下跌15%的消息可能引起股东的一些关注。但是,光明面是,这支股票在过去的五年中涨幅不小。不幸的是,其回报率为45%,低于96%的市场回报。
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
现在值得更详细地了解该公司的基本面,因为这将帮助我们判断长期股东回报是否与基础业务的表现相匹配。
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
虽然有效市场假说仍然被一些人教授,但被证明市场是过度反应的动态系统,投资者并不总是理性的。检查市场情绪如何随时间变化的一种方法是看一个公司的股价与其每股收益(EPS)之间的交互作用。
Tronox Holdings' earnings per share are down 6.7% per year, despite strong share price performance over five years. This was, in part, due to extraordinary items impacting earning in the last twelve months.
虽然Tronox控股每股收益在五年中表现强劲,但每年下降了6.7%。其中部分原因是过去12个月对收入产生影响的非常规项目。
This means it's unlikely the market is judging the company based on earnings growth. Since the change in EPS doesn't seem to correlate with the change in share price, it's worth taking a look at other metrics.
这意味着市场不太可能根据收益增长来判断该公司。由于每股收益的变化似乎与股价的变化无关,因此值得关注其他指标。
In contrast revenue growth of 6.7% per year is probably viewed as evidence that Tronox Holdings is growing, a real positive. It's quite possible that management are prioritizing revenue growth over EPS growth at the moment.
相比之下,每年营业收入增长6.7%可能被视为Tronox控股正在成长的证据,是一个真正的好消息。目前,管理层很可能正在优先考虑营业收入增长而非每股收益增长。
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
您可以看到以下收益和营收的变化情况(通过单击图像了解精确值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240719/0-427c178a14780a090dcc16204c5a4d1e-0-c7a8032b221f239d983ebbc85f424c81.png/big)
Take a more thorough look at Tronox Holdings' financial health with this free report on its balance sheet.
通过这份关于特洛诺克斯控股资产负债表的免费报告,更加全面地了解其财务状况非常重要。
What About Dividends?
那么分红怎么样呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Tronox Holdings, it has a TSR of 68% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
考虑到总股东回报和股价回报对于任何给定的股票来说都很重要。股价回报只反映了股价的变动,而TSR则包括了股息的价值(假设它们被再投资)和任何折价的资本筹集或分拆的利益。可以说,TSR为支付股息的股票提供了更完整的图片。在特洛诺克斯控股的情况下,其在过去5年中的TSR为68%。这超过了之前提到的股价回报。这在很大程度上是其分红的结果!
A Different Perspective
不同的观点
Tronox Holdings provided a TSR of 15% over the last twelve months. But that return falls short of the market. On the bright side, that's still a gain, and it's actually better than the average return of 11% over half a decade This suggests the company might be improving over time. It's always interesting to track share price performance over the longer term. But to understand Tronox Holdings better, we need to consider many other factors. To that end, you should be aware of the 2 warning signs we've spotted with Tronox Holdings .
特洛诺克斯控股在过去12个月中提供了15%的TSR。但这一回报率仍低于市场。而好消息是,这仍然是一种增长,实际上比过去五年的11%的平均回报率要好。这表明该公司随着时间的推移有可能得到改善。长期以来跟踪股价表现总是很有趣。但为了更好地了解特洛诺克斯控股,我们需要考虑许多其他因素。因此,您应该了解我们在Tronox控股中发现的 2个警示信号。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果您愿意查看另一家公司(具有潜在的更好财务状况),请不要错过这个免费的公司列表,证明它们可以增长收益。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意,本文所引述的市场回报反映了目前在美国交易所上市的股票的市场加权平均回报。
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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?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 (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?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。