We Ran A Stock Scan For Earnings Growth And Badger Meter (NYSE:BMI) Passed With Ease
We Ran A Stock Scan For Earnings Growth And Badger Meter (NYSE:BMI) Passed With Ease
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
对于新手来说,即使一家公司目前缺乏营收和利润记录,但向投资者讲好故事的公司似乎是个不错的想法(令人兴奋的前景)。但正如彼得·林奇在《华尔街最强音》中所说,“长射击几乎从来没有回报”。亏损的公司总是在争分夺秒地达到财务可持续性,因此投资这些公司的投资者可能承担的风险比他们应该承担的风险更大。
In contrast to all that, many investors prefer to focus on companies like Badger Meter (NYSE:BMI), which has not only revenues, but also profits. Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Badger Meter with the means to add long-term value to shareholders.
与所有板块相比,许多投资者更喜欢关注像Badger Meter(纽交所:BMI)这样不仅有营业收入而且有利润的公司。即使这家公司被市场合理价值化,投资者也会同意,稳定盈利将继续为Badger Meter提供为股东长期增值的手段。
How Quickly Is Badger Meter Increasing Earnings Per Share?
Badger Meter的每股收益增长速度有多快?
The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. Shareholders will be happy to know that Badger Meter's EPS has grown 28% each year, compound, over three years. This has no doubt fuelled the optimism that sees the stock trading on a high multiple of earnings.
市场在短期内是一台投票机,但在长期内是一台秤重机,因此您可以预期股价最终会跟随每股收益(EPS)结果。因此,有经验的投资者密切关注公司的每股收益(EPS)进行投资研究是有道理的。股东们会很高兴知道,Badger Meter的每股收益每年复合增长率达到28%,连续三年。这无疑助长了对股票高倍数交易的乐观情绪。
One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. Badger Meter shareholders can take confidence from the fact that EBIT margins are up from 16% to 19%, and revenue is growing. Ticking those two boxes is a good sign of growth, in our book.
检验一家公司增长的一种方法是查看其营业收入以及利息和税前收入(EBIT)的边际变化。Badger Meter的股东可以放心,因为EBIT边际从16%上升到19%,而营业收入也在增长。我们认为,满足这两个条件是增长的一个良好迹象。
In the chart below, you can see how the company has grown earnings and revenue, over time. To see the actual numbers, click on the chart.
在下面的图表中,您可以看到公司的盈利和营业收入随时间的增长情况。要查看实际数字,请单击图表。
The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for Badger Meter's future EPS 100% free.
作为投资者的诀窍在于找到未来表现良好的公司,而不仅仅是过去表现好的公司。虽然没有水晶球,但您可以免费查看我们对Badger Meter未来每股收益的共识分析师预测可视化。
Are Badger Meter Insiders Aligned With All Shareholders?
Badger Meter内部人是否与所有股东利益一致?
We would not expect to see insiders owning a large percentage of a US$6.0b company like Badger Meter. But we are reassured by the fact they have invested in the company. To be specific, they have US$34m worth of shares. That's a lot of money, and no small incentive to work hard. Despite being just 0.6% of the company, the value of that investment is enough to show insiders have plenty riding on the venture.
我们不会指望看到内部人拥有像Badger Meter这样市值为60亿美元的公司的大部分股份。但值得安慰的是,他们确实对公司进行了投资。具体来说,他们持有3400万美元的股份。这是一大笔钱,也是一个工作努力的巨大激励。尽管仅占公司的0.6%,但这项投资的价值足以表明内部人对该创业公司有很大的利益关系。
It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Well, based on the CEO pay, you'd argue that they are indeed. For companies with market capitalisations between US$4.0b and US$12b, like Badger Meter, the median CEO pay is around US$8.1m.
看到内部人投资公司是件好事,但薪酬水平是否合理?基于首席执行官的薪酬,您可以说的确是合理的。对于像Badger Meter这样市值在40亿美元至120亿美元之间的公司,首席执行官的中位数薪酬大约为810万美元。
Badger Meter offered total compensation worth US$4.5m to its CEO in the year to December 2023. That is actually below the median for CEO's of similarly sized companies. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. It can also be a sign of a culture of integrity, in a broader sense.
Badger Meter在2023年12月向其首席执行官提供了价值450万美元的总补偿。实际上,这低于同等规模公司首席执行官的中位数。首席执行官薪酬几乎不是考虑公司的最重要方面,但当薪酬合理时,这会更加增强领导层关注股东利益的信心。这也可能是在更广泛意义上表明了诚信文化的迹象。
Does Badger Meter Deserve A Spot On Your Watchlist?
badger meter是否值得进入您的自选名单?
For growth investors, Badger Meter's raw rate of earnings growth is a beacon in the night. If you still have your doubts, remember too that company insiders have a considerable investment aligning themselves with the shareholders and CEO pay is quite modest compared to similarly sized companiess. This may only be a fast rundown, but the key takeaway is that Badger Meter is worth keeping an eye on. Of course, profit growth is one thing but it's even better if Badger Meter is receiving high returns on equity, since that should imply it can keep growing without much need for capital. Click on this link to see how it is faring against the average in its industry.
对于成长投资者,Badger Meter的盈利增速是夜晚的一盏灯塔。 如果您仍然存在疑虑,请记住,公司内部人士已经进行了相当大的投资,以与股东和首席执行官的薪酬进行了对齐,与同等规模的公司相比,CEO的薪酬相对较低。 这可能只是一个快速概述,但关键要点是,值得密切关注Badger Meter。 当然,利润增长是一回事,但如果Badger Meter获得高股本回报率,那就更好了,因为这应该意味着它可以在没有太多资本需求的情况下继续增长。 点击此链接查看它与同行业平均水平的表现。
While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence.
尽管不增长收益且没有内部人士购买的股票可能会有回报,但对于重视这些关键指标的投资者来说,以下是在美国具有潜在增长和内部人士信心的经过慎重筛选的公司列表。
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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