VTEX's (NYSE:VTEX) Stock Is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
VTEX's (NYSE:VTEX) Stock Is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
VTEX's (NYSE:VTEX) stock is up by a considerable 13% over the past month. However, we wonder if the company's inconsistent financials would have any adverse impact on the current share price momentum. In this article, we decided to focus on VTEX's ROE.
VTEX(纽交所:VTEX)的股票在过去一个月内上涨了13%。然而,我们想知道公司不一致的财务数据是否会对当前股价动能产生不利影响。在这篇文章中,我们决定关注VTEX的roe。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股东要考虑的关键因素之一是净资产收益率或roe,因为它告诉他们公司如何有效地重新投资他们的资本。简单点说,它衡量了公司与股东权益相关的盈利能力。
How Do You Calculate Return On Equity?
怎样计算ROE?
The formula for ROE is:
roe的公式是:
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 VTEX is:
所以,根据上述公式,VTEX的ROE为:
1.3% = US$3.3m ÷ US$251m (Based on the trailing twelve months to June 2024).
1.3% = 330万美元 ÷ 2,5100万美元(根据2024年6月的过去十二个月计算)。
The 'return' is the profit over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.01.
“回报率”是过去十二个月的利润。因此,这意味着对于股东投资的每1美元,该公司将获得0.01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?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. 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.
我们已经确定,roe作为一种有效的盈利预测工具,可为公司未来的盈利能力提供参考。基于公司选择重新投资或“保留”的利润比例,我们可以评估其未来盈利能力。总的来说,在其他条件相等的情况下,roe和利润保留比例高的公司比那些不具备这些特点的公司增长速度更快。
VTEX's Earnings Growth And 1.3% ROE
VTEX的盈利增长和1.3%的roe
It is hard to argue that VTEX's ROE is much good in and of itself. Even when compared to the industry average of 7.1%, the ROE figure is pretty disappointing. Accordingly, VTEX's low net income growth of 3.9% over the past five years can possibly be explained by the low ROE amongst other factors.
很难说VTEX的ROE本身很好。即使与行业平均值7.1%相比,ROE数字也相当令人失望。因此,VTEX过去五年净利润增长低于3.9%,可能是由于ROE低和其他因素导致的。
Next, on comparing with the industry net income growth, we found that VTEX's reported growth was lower than the industry growth of 8.0% over the last few years, which is not something we like to see.
接下来,与行业净利润增长相比,我们发现VTEX报告的增长低于过去几年8.0%的行业增长,这是我们不愿看到的。
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The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about VTEX's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
附加价值给一家公司的基础很大程度上取决于其盈利增长。投资者了解市场是否已经定价了公司预期的盈利增长(或下降)是非常重要的。这样做将帮助他们确定股票的未来是充满希望还是不祥。如果您想了解VTEX的估值情况,请查看其市盈率与行业相比的测量标准。
Is VTEX Using Its Retained Earnings Effectively?
VTEX是否有效利用其留存利润?
VTEX doesn't pay any regular dividends, meaning that potentially all of its profits are being reinvested in the business. However, this doesn't explain the low earnings growth the company has seen. So there could be some other explanation in that regard. For instance, the company's business may be deteriorating.
VTEX不支付任何定期股息,这意味着其所有利润可能都被重新投资到业务中。然而,这并不能解释公司所见到的低盈利增长。因此,在这方面可能有其他解释。例如,公司的业务可能正在恶化。
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're a bit ambivalent about VTEX's performance. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. 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,我们对VTEX的表现持有一种矛盾的态度。尽管公司有着高比率的再投资,但低ROE意味着所有再投资对其投资者没有带来任何好处,而且对盈利增长产生了负面影响。话虽如此,最新的行业分析师预测显示该公司的盈利有望加速。要了解关于公司最新分析师预测的更多信息,请查看该公司的分析师预测可视化。
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