Should You Be Adding Sherwin-Williams (NYSE:SHW) To Your Watchlist Today?
Should You Be Adding Sherwin-Williams (NYSE:SHW) To Your Watchlist Today?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.
对于一些投机者来说,投资一家公司扭转其颓势,这种刺激非常吸引人,所以即使没有营业收入,没有利润,甚至是短缺记录的公司,也能够找到投资者。但正如彼得·林奇在《华尔街的一次升值》中所说,“长线赌注几乎从来没有产生回报。” 尽管一个经过资金充足的公司可以承受多年亏损,但它最终需要创造利润,否则投资者也会离开,公司将会慢慢消亡。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Sherwin-Williams (NYSE:SHW). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Sherwin-Williams with the means to add long-term value to shareholders.
尽管我们处在科技股蓝天投资的时代,但是许多投资者仍然采用更传统的策略,购买像宣伟公司(纽交所:SHW)这样的盈利公司的股票。即使市场对这家公司的估值公正,投资者也会认为,持续产生利润将为宣伟公司增添长期价值。
How Quickly Is Sherwin-Williams Increasing Earnings Per Share?
宣伟公司的每股收益增长速度有多快?
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. We can see that in the last three years Sherwin-Williams grew its EPS by 6.6% per year. That might not be particularly high growth, but it does show that per-share earnings are moving steadily in the right direction.
一般来说,每股收益增长的公司应该会看到股价的类似趋势。因此,有经验的投资者在进行投资研究时会密切关注公司的每股收益。我们可以看到,在过去的三年中,宣伟公司每股收益增长了6.6%每年。这可能不是特别高的增长率,但它确实表明每股收益正在稳步朝着正确的方向发展。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. It was a year of stability for Sherwin-Williams as both revenue and EBIT margins remained have been flat over the past year. While this doesn't ring alarm bells, it may not meet the expectations of growth-minded investors.
仔细考虑营业收入增长和利息和税前利润率(EBIT)可以帮助判断最近的盈利增长的可持续性。对于宣伟公司来说,过去一年中,营业收入和EBIT利润率都保持稳定。虽然这并不会引起警惕,但它可能不符合追求增长的投资者的期望。
The chart below shows how the company's bottom and top lines have progressed over time. For finer detail, click on the image.
下图显示了该公司底线和顶线随着时间的推移而发展的情况。点击图片以获取更精细的详细信息。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240723/0-9e7add9bab49a5ca7fccfaf1e42f858f-0-8bb90081a8df32a18b587123fcfb6132.png/big)
While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Sherwin-Williams?
虽然我们生活在当下,但毫无疑问,未来在投资决策过程中最为重要。那么,为什么不查看这个展示宣伟公司未来每股收益预期的互动图表呢?
Are Sherwin-Williams Insiders Aligned With All Shareholders?
Sherwin-Williams的内部管理人员是否与所有股东保持一致?
Owing to the size of Sherwin-Williams, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Indeed, they have a considerable amount of wealth invested in it, currently valued at US$238m. While that is a lot of skin in the game, we note this holding only totals to 0.3% of the business, which is a result of the company being so large. So despite their percentage holding being low, company management still have plenty of reasons to deliver the best outcomes for investors.
由于宣伟公司的规模较大,我们不指望内部人士持有大量该公司的股份。但由于他们对公司的投资,令人高兴的是,仍然有动机将他们的行动与股东保持一致。实际上,他们已经投资了相当数量的财富,目前估值为2.38亿美元。虽然这是一笔巨款,但我们注意到,这持有的股份仅占该企业的0.3%,这是由于该公司规模如此之大的结果。因此,尽管他们所占的持股比例较低,但公司管理层仍然有足够的理由为投资者提供最佳的结果。
It means a lot to see insiders invested in the business, but shareholders may be wondering if remuneration policies are in their best interest. Our quick analysis into CEO remuneration would seem to indicate they are. Our analysis has discovered that the median total compensation for the CEOs of companies like Sherwin-Williams, with market caps over US$8.0b, is about US$13m.
看到内部人员对该企业的投资意味着很多,但股东们可能会想知道报酬政策是否符合他们的最佳利益。我们对CEO报酬进行了快速分析,看来报酬是符合他们的最佳利益的。我们的分析发现,像宣伟公司这样市值超过8亿美元的企业的CEO的中位数总报酬大约为1300万美元。
The Sherwin-Williams CEO received US$10m in compensation for the year ending December 2023. That seems pretty reasonable, especially given it's below the median for similar sized companies. CEO remuneration levels are not the most important metric for investors, but when the pay is modest, that does support enhanced alignment between the CEO and the ordinary shareholders. Generally, arguments can be made that reasonable pay levels attest to good decision-making.
宣伟公司的CEO于2023年12月结束的一年中获得了1亿美元的报酬。这似乎相当合理,特别是考虑到这是与同等规模的公司相比处于中位数以下。CEO报酬水平并不是投资者最重要的指标,但当报酬较为适中时,这支持CEO和普通股东之间的协调程度。一般而言,可以认为合理的薪酬水平证明了良好的决策能力。
Should You Add Sherwin-Williams To Your Watchlist?
你应该把宣伟公司加入自己的自选吗?
One important encouraging feature of Sherwin-Williams is that it is growing profits. The fact that EPS is growing is a genuine positive for Sherwin-Williams, but the pleasant picture gets better than that. Boasting both modest CEO pay and considerable insider ownership, you'd argue this one is worthy of the watchlist, at least. Still, you should learn about the 1 warning sign we've spotted with Sherwin-Williams.
宣伟公司一个重要的有利特征是其正在增长盈利能力。每股收益增长的事实对宣伟公司而言是一个真正的优势,但这一美好的局面不仅限于此。CEO薪酬适中,内部人员持股数量相当可观,以上因素使得宣伟公司值得加入自选,至少值得留意。但是,你应该了解我们发现的1个警报信号。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by significant insider holdings.
总是有可能买入未增长收益并且内部人员不买入股票的股票表现良好。但是对于那些认为这些重要指数的人,我们鼓励您查看具有这些功能的公司。您可以访问定制列表,其中列出了已经展示出增长并得到内幕人员认可的公司。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意,本文讨论的内部交易是指在相关司法管辖区中报告的交易。
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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.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@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
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。