Metis Energy Limited's (SGX:L02) Share Price Is Still Matching Investor Opinion Despite 30% Slump
Metis Energy Limited's (SGX:L02) Share Price Is Still Matching Investor Opinion Despite 30% Slump
SGX:L02 Price to Sales Ratio vs Industry September 21st 2023Metis Energy Limited (SGX:L02) shares have had a horrible month, losing 30% after a relatively good period beforehand. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 33% in that time.
美蒂斯能源有限公司(SGX：L02)股價經歷了可怕的一個月，在經歷了相對較好的一段時間後下跌了30%。但過去30天的下跌為股東們艱難的一年畫上了句號，股價在此期間下跌了33%。他說：
In spite of the heavy fall in price, you could still be forgiven for thinking Metis Energy is a stock to steer clear of with a price-to-sales ratios (or "P/S") of 9.5x, considering almost half the companies in Singapore's Shipping industry have P/S ratios below 1.9x. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly elevated P/S.
儘管價格大幅下跌，但考慮到新加坡航運業近一半的公司本益比(P/S)低於1.9倍，你仍有理由認為梅蒂斯能源是一隻值得迴避的股票，市銷率(P/S)為9.5倍。儘管如此，我們還需要更深入地挖掘，以確定本益比大幅上升是否有合理的基礎。
See our latest analysis for Metis Energy
查看我們對梅蒂斯能源的最新分析
SGX:L02 Price to Sales Ratio vs Industry September 21st 2023
新交所：L02價格與行業銷售比率2023年9月21日
What Does Metis Energy's P/S Mean For Shareholders?
梅蒂斯能源的P/S對股東意味著什麼？
Metis Energy has been doing a good job lately as it's been growing revenue at a solid pace. One possibility is that the P/S ratio is high because investors think this respectable revenue growth will be enough to outperform the broader industry in the near future. You'd really hope so, otherwise you're paying a pretty hefty price for no particular reason.
梅蒂斯能源最近一直做得很好，因為它的收入一直在穩步增長。一種可能性是，P/S比率很高，因為投資者認為這種可觀的營收增長在不久的將來將足以跑贏更廣泛的行業。你真的希望如此，否則你會無緣無故地付出相當沉重的代價。巴塞隆納
Although there are no analyst estimates available for Metis Energy, take a look at this free data-rich visualisation to see how the company stacks up on earnings, revenue and cash flow.
儘管沒有分析師對梅蒂斯能源的估計，但看看這個免費豐富的數據可視化，看看公司的收益、收入和現金流是如何堆積的。他說：
What Are Revenue Growth Metrics Telling Us About The High P/S?
收入增長指標告訴我們關於高本益比/S的哪些資訊？
In order to justify its P/S ratio, Metis Energy would need to produce outstanding growth that's well in excess of the industry.
為了證明其本益比/S比率是合理的，梅蒂斯能源需要實現遠遠超出行業的出色增長。他說：
Retrospectively, the last year delivered an exceptional 24% gain to the company's top line. Revenue has also lifted 18% in aggregate from three years ago, mostly thanks to the last 12 months of growth. So we can start by confirming that the company has actually done a good job of growing revenue over that time.
回顧過去一年，該公司營收實現了24%的不同尋常的增長。收入也比三年前累計增長了18%，這主要要歸功於過去12個月的增長。因此，我們可以從確認該公司在這段時間內實際上在收入增長方面做得很好開始。他說：
Weighing the recent medium-term upward revenue trajectory against the broader industry's one-year forecast for contraction of 17% shows it's a great look while it lasts.
將最近中期營收上升的軌跡與整個行業一年內收縮17%的預測進行比較，可以看出這是一個很好的前景。
With this in mind, it's clear to us why Metis Energy's P/S exceeds that of its industry peers. Presumably shareholders aren't keen to offload something they believe will continue to outmanoeuvre the industry. However, its current revenue trajectory will be very difficult to maintain against the headwinds other companies are facing at the moment.
考慮到這一點，我們很清楚為什麼梅蒂斯能源的P/S超過了它的行業同行。但想必股東們並不熱衷於出售他們認為將繼續勝過該行業的資產。然而，面對其他公司目前面臨的逆風，它目前的收入軌跡將很難維持。他說：
The Final Word
最後的結論
A significant share price dive has done very little to deflate Metis Energy's very lofty P/S. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.
股價的大幅下跌對梅蒂斯能源非常高的本益比幾乎沒有起到什麼作用。有人認為，在某些行業中，市銷率是衡量價值的次要指標，但它可以成為一個強大的商業信心指標。
We see that Metis Energy justifiably maintains its high P/S on the merits of its recentthree-year revenue growth beating forecasts amidst struggling industry. Right now shareholders are comfortable with the P/S as they are quite confident revenues aren't under threat. We still remain cautious about the company's ability to stay its recent course and swim against the current of the broader industry turmoil. Although, if the company's relative performance doesn't change it will continue to provide strong support to the share price.
我們看到，在行業陷入困境之際，梅蒂斯能源有理由保持其高本益比S的優勢，因為它最近三年的收入增長超出了預期。目前，股東們對P/S很滿意，因為他們非常有信心收入不會受到威脅。我們仍對該公司是否有能力保持最近的路線，逆流而上更廣泛的行業動盪保持謹慎。雖然，如果公司的相對業績沒有改變，它將繼續為股價提供強有力的支撐。巴塞隆納
We don't want to rain on the parade too much, but we did also find 1 warning sign for Metis Energy that you need to be mindful of.
我們不想讓遊行太掃興，但我們也發現了梅蒂斯能源的1個警告標誌這是你需要注意的。他說：
If you're unsure about the strength of Metis Energy's business, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.
如果你.不確定梅蒂斯能源的業務實力，為什麼不探索我們的互動列表，為其他一些你可能沒有達到預期的公司提供堅實的商業基本面。
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對這篇文章有什麼反饋嗎？擔心內容嗎？ 請直接與我們聯繫。或者，也可以給編輯組發電子郵件，地址是暗示Wallst.com。
本文由Simply Wall St.撰寫，具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論，我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議，也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意，我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.
