Those Who Invested in Cardinal Health (NYSE:CAH) Three Years Ago Are up 94%
Those Who Invested in Cardinal Health (NYSE:CAH) Three Years Ago Are up 94%
By buying an index fund, investors can approximate the average market return. But many of us dare to dream of bigger returns, and build a portfolio ourselves. Just take a look at Cardinal Health, Inc. (NYSE:CAH), which is up 77%, over three years, soundly beating the market return of 14% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 27% , including dividends .
通過購買指數基金,投資者可以估算出平均市場回報率。但是我們中的許多人敢於夢想獲得更大的回報,並自己建立投資組合。看看Cardinal Health, Inc.(紐約證券交易所代碼:CAH),該公司在三年內上漲了77%,遠遠超過了14%的市場回報率(不包括股息)。另一方面,最近的回報並不那麼好,股東僅增長了27%,包括股息。
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
現在,公司的基本面也值得一看,因爲這將幫助我們確定長期股東回報是否與基礎業務的表現相匹配。
See our latest analysis for Cardinal Health
查看我們對 Cardinal Health 的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
不可否認的是,市場有時是有效的,但價格並不總是能反映基本的業務表現。研究市場情緒如何隨時間推移而變化的一種方法是研究公司的股價與其每股收益(EPS)之間的相互作用。
During three years of share price growth, Cardinal Health moved from a loss to profitability. So we would expect a higher share price over the period.
在三年的股價增長中,Cardinal Health從虧損轉爲盈利。因此,我們預計在此期間股價將上漲。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下圖描繪了 EPS 隨着時間的推移而發生的變化(點擊圖片顯示確切的數值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231103/0-df6c5a6dd56f73f4c1b71ad0e67d7f51-0-22fd3516dbacd0fe11e2a6efe7c01e26.png/big)
We know that Cardinal Health has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.
我們知道Cardinal Health最近提高了利潤,但它會增加收入嗎?您可以查看這份顯示分析師收入預測的免費報告。
What About Dividends?
那股息呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Cardinal Health's TSR for the last 3 years was 94%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return.
重要的是要考慮任何給定股票的股東總回報率和股價回報率。儘管股價回報率僅反映股價的變化,但股東總回報率包括股息的價值(假設已進行再投資)以及任何折扣融資或分拆的收益。可以公平地說,股東總回報率爲支付股息的股票提供了更完整的畫面。碰巧的是,Cardinal Health在過去3年的股東總回報率爲94%,超過了前面提到的股價回報率。因此,該公司支付的股息提高了 總 股東回報。
A Different Perspective
不同的視角
It's nice to see that Cardinal Health shareholders have received a total shareholder return of 27% over the last year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 15% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 5 warning signs for Cardinal Health that you should be aware of.
很高興看到Cardinal Health的股東在過去一年中獲得了27%的總股東回報率。這確實包括股息。由於一年期股東總回報率好於五年期股東總回報率(後者爲每年15%),因此該股的表現似乎在最近有所改善。持樂觀態度的人可能會將最近股東總回報率的改善視爲業務本身隨着時間的推移而變得更好。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,我們已經確定了5個你應該注意的Cardinal Health警告信號。
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings.
如果你想看看另一家公司——一家財務狀況可能優異的公司——那麼千萬不要錯過這份已經證明自己可以增加收益的公司的免費名單。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報率。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St 的這篇文章本質上是籠統的。我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章並非旨在提供財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不會考慮最新的價格敏感型公司公告或定性材料。華爾街只是沒有持有上述任何股票的頭寸。