Is Molina Healthcare, Inc.'s (NYSE:MOH) Latest Stock Performance A Reflection Of Its Financial Health?
Is Molina Healthcare, Inc.'s (NYSE:MOH) Latest Stock Performance A Reflection Of Its Financial Health?
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity Molina Healthcare (NYSE:MOH) has had a great run on the share market with its stock up by a significant 22% over the last week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Molina Healthcare's ROE.
Molina Healthcare（NYSE：MOH）股价在上周大涨22％，市场奖励长期强劲的财务表现，我们想知道这是否在本例中成立。本文将重点关注Molina Healthcare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. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
roe，即净资产收益率，是一种评估公司如何有效地从股东手中获取投资回报的有用工具。换句话说，它是一种盈利能力比率，衡量公司股东提供的资本的回报率。
How To Calculate Return On Equity?
如何计算股东权益报酬率？
ROE can be calculated by using the formula:
净资产收益率可以使用以下公式进行计算：
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 Molina Healthcare is:
因此，根据上述公式，Molina Healthcare的ROE为：
22% = US$1.1b ÷ US$4.8b (Based on the trailing twelve months to June 2024).
22％= US $ 11亿 ÷ US $ 48亿（基于截至2024年6月的过去十二个月）。
The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.22 in profit.
“回报”是指一家公司在过去一年中赚取的收益。一个概念化的方法是，对于每1美元的股东资本，公司赚取了0.22美元的利润。
Why Is ROE Important For Earnings Growth?
ROE为什么对净利润增长很重要？
So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. 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.
到目前为止，我们已经了解了ROE是衡量公司盈利能力的一个指标。我们现在需要评估公司再投资或“保留”未来增长的利润量，以此给我们提供公司增长潜力的想法。假设其他所有因素保持不变，ROE和利润保留率越高，相比不具备这些特征的公司，这些公司的增长率就越高。
Molina Healthcare's Earnings Growth And 22% ROE
Molina Healthcare的盈利增长与22％的ROE
At first glance, Molina Healthcare seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 11%. Probably as a result of this, Molina Healthcare was able to see a decent growth of 7.7% over the last five years.
一开始，Molina Healthcare的ROE看起来还不错。此外，该公司的ROE与行业平均水平（11％）相比较，处于相当优越的地位。可能由于这个原因，过去五年Molina Healthcare的增长达到了7.7％。
We then compared Molina Healthcare's 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 4.7% in the same 5-year period.
然后我们将Molina Healthcare的净收入增长率与行业进行了比较，很高兴看到公司的增长指标高于同一5年时期行业的增长率（4.7％）。
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. Doing so will help them establish if the stock's future looks promising or ominous. Is Molina Healthcare fairly valued compared to other companies? These 3 valuation measures might help you decide.
盈利增长是考虑对股票进行估值时应该注意的重要指标。投资者应尝试确定预期的盈利增长或下降（无论哪种情况）是否被定价。这样做有助于他们确定股票的未来前景是否光明或黯淡。Molina healthcare与其他公司相比是一个价值公道的公司吗？这3种估值方法或许可以帮你决定。
Is Molina Healthcare Efficiently Re-investing Its Profits?
Molina Healthcare是否有效地再投资其利润？
Given that Molina Healthcare doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.
鉴于Molina Healthcare不向股东支付定期股息，我们可以推断出该公司一直在将其所有利润用于业务扩张。
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。
In total, we are pretty happy with Molina Healthcare's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. Having said that, looking at the current analyst estimates, we found that the company's earnings are expected to gain momentum. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
总体而言，我们对Molina Healthcare的表现相当满意。特别是，看到公司大力投资其业务，并伴随着高回报率，已导致其收益显着增长，这使我们感到欣慰。然而，查看当前的分析师预测，我们发现该公司的收益预计将获得劲头。
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