Slowing Rates Of Return At Ramaco Resources (NASDAQ:METC) Leave Little Room For Excitement
Slowing Rates Of Return At Ramaco Resources (NASDAQ:METC) Leave Little Room For Excitement
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So, when we ran our eye over Ramaco Resources' (NASDAQ:METC) trend of ROCE, we liked what we saw.
如果我们想找到一个潜在的多重收益器,通常有基本趋势可以提供线索。一种常见的方式是尝试找到资本雇用回报率(ROCE)不断增加并且资本雇用数量不断增加的公司。最终,这表明这是一家不断以增加的回报率再投资利润的业务。因此,当我们审视Ramaco Resources的(NASDAQ:METC) ROCE趋势时,我们看到了令人满意的表现。
Understanding Return On Capital Employed (ROCE)
上面您可以看到蒙托克可再生能源现行ROCE与之前资本回报的比较,但过去只能知道这么多。如果您感兴趣,可以查看我们免费的蒙托克可再生能源分析师报告,了解分析师的预测。
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Ramaco Resources is:
对于那些不确定ROCE是什么的人来说,它衡量了一家公司在其业务中使用的资本雇用可产生的税前利润总额。Ramaco Resources此计算公式如下:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
资产雇用回报率(ROCE)是指企业利润,即企业税前利润除以企业投入的总资本(负债加股权)。如果ROCE高于企业财务成本的承受能力,那么企业就会创造出更多的价值。
0.13 = US$67m ÷ (US$674m - US$148m) (Based on the trailing twelve months to March 2024).
0.13 = US$6700万 ÷ (US$67400万 - US$148m) (基于截至2024年3月的过去十二个月)。因此,Ramaco Resources的ROCE为13%。绝对来说,这是一个令人满意的回报,但与8.8%的金属和矿业行业平均水平相比,则更好。
Therefore, Ramaco Resources has an ROCE of 13%. In absolute terms, that's a satisfactory return, but compared to the Metals and Mining industry average of 8.8% it's much better.
NasdaqGS:METC资本雇用回报率为2024年7月22日。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240722/0-cd498a3124f61997da046736a4829c92-0-73c691cb0d274a24500e77c1f5035652.png/big)
Above you can see how the current ROCE for Ramaco Resources compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Ramaco Resources .
从Ramaco Resources的ROCE趋势中我们能得出什么结论?尽管资本回报率不错,但它们并没有太大变化。在过去的五年中,ROCE保持相对稳定的13%,并且业务向其经营中投入的资本增加了197%。由于13%是适度的ROCE,所以很高兴看到一家企业可以以这种良好的回报率继续再投资。长期来看,这样的回报可能不是很令人兴奋,但是如果保持稳定,它们可以在股票回报方面产生回报。
What Can We Tell From Ramaco Resources' ROCE Trend?
最终,Ramaco Resources已经证明了其能够以良好的回报率充分再投资资本。在过去五年中,长期投资者取得了282%的回报,并对这些有前途的趋势表示兴奋。尽管投资者似乎正在认识到这些有前途的趋势,但我们仍认为该股票值得进一步研究。
While the returns on capital are good, they haven't moved much. Over the past five years, ROCE has remained relatively flat at around 13% and the business has deployed 197% more capital into its operations. Since 13% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Over long periods of time, returns like these might not be too exciting, but with consistency they can pay off in terms of share price returns.
还有一件事,我们发现了Ramaco Resources面临的2个警告信号,你可能会发现有趣。
In Conclusion...
最后,同等资本下回报率较低的趋势通常不是我们关注创业板股票的最佳信号。由于这些发展进行良好,因此投资者不太可能表现友好。自五年前以来,该股下跌了32%。除非这些指标朝着更积极的轨迹转变,否则我们将继续寻找其他股票。
In the end, Ramaco Resources has proven its ability to adequately reinvest capital at good rates of return. And long term investors would be thrilled with the 282% return they've received over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research.
尽管Ramaco Resources目前的回报率未达到最高水平,但我们已经编制了一张目前收益率超过25%的公司列表。在此处查看该免费列表。
One more thing, we've spotted 2 warning signs facing Ramaco Resources that you might find interesting.
还有一件事,我们发现了2个Ramaco Resources可能会有兴趣的警告信号。
While Ramaco Resources may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
如果我们想要找到一个可能的良机,通常有潜在的趋势可以提供线索。一个普遍的方法是尝试找到一个回报资本雇用(ROCE)不断增加而且资本雇用不断增加的公司。这表示这家业务正以不断增加的回报率再投资利润。因此,当我们审视Ramaco Resources的(NASDAQ: METC)ROCE趋势时,我们看到了令人满意的表现。
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?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。