SandRidge Energy, Inc. (NYSE:SD) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
SandRidge Energy, Inc. (NYSE:SD) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
With its stock down 15% over the past three months, it is easy to disregard SandRidge Energy (NYSE:SD). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study SandRidge Energy's ROE in this article.
SandRidge Energy(紐約證券交易所代碼:SD)的股票在過去三個月中下跌了15%,因此很容易被忽視。但是,如果你密切關注,你可能會發現,鑑於市場通常會獎勵財務狀況良好的公司,其強勁的財務狀況可能意味着該股的長期價值有可能增加。具體而言,我們決定在本文中研究SandRidge Energy的投資回報率。
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.
股本回報率或投資回報率是股東需要考慮的重要因素,因爲它可以告訴他們資本再投資的有效性。簡而言之,它衡量公司相對於股東權益的盈利能力。
See our latest analysis for SandRidge Energy
查看我們對 SandRidge Energy 的最新分析
How Is ROE Calculated?
ROE 是如何計算的?
Return on equity can be calculated by using the formula:
股本回報率可以使用以下公式計算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率 = 淨利潤(來自持續經營業務)÷ 股東權益
So, based on the above formula, the ROE for SandRidge Energy is:
因此,根據上述公式,SandRidge Energy的投資回報率爲:
35% = US$164m ÷ US$470m (Based on the trailing twelve months to September 2023).
35% = 1.64億美元 ¥4.7億美元(基於截至2023年9月的過去十二個月)。
The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.35 in profit.
“申報表” 是過去十二個月的稅後收入金額。將其概念化的一種方法是,公司每擁有1美元的股東資本,就能獲得0.35美元的利潤。
What Is The Relationship Between ROE And Earnings Growth?
投資回報率與收益增長之間有什麼關係?
So far, we've learned that ROE is a measure of a company's profitability. 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.
到目前爲止,我們已經了解到,投資回報率是衡量公司盈利能力的指標。根據公司選擇將多少利潤進行再投資或 “保留”,我們便能夠評估公司未來創造利潤的能力。一般而言,在其他條件相同的情況下,股本回報率和利潤留存率高的公司的增長率要高於不具有這些屬性的公司。
SandRidge Energy's Earnings Growth And 35% ROE
SandRidge Energy的收益增長和35%的收益
Firstly, we acknowledge that SandRidge Energy has a significantly high ROE. Second, a comparison with the average ROE reported by the industry of 24% also doesn't go unnoticed by us. So, the substantial 46% net income growth seen by SandRidge Energy over the past five years isn't overly surprising.
首先,我們承認SandRidge Energy的投資回報率非常高。其次,與該行業報告的24%的平均投資回報率進行比較也不會被我們忽視。因此,SandRidge Energy在過去五年中實現了46%的強勁淨收入增長並不奇怪。
Next, on comparing with the industry net income growth, we found that SandRidge Energy's growth is quite high when compared to the industry average growth of 31% in the same period, which is great to see.
接下來,與行業淨收入增長相比,我們發現SandRidge Energy的增長相當高,而同期的行業平均增長率爲31%,這很高興看到。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231109/0-aaca642018743b99305bd57e28fe1207-0-e84fcfd0ec53fb633073b5f83470a953.png/big)
Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if SandRidge Energy is trading on a high P/E or a low P/E, relative to its industry.
收益增長是股票估值的重要因素。投資者應努力確定預期的收益增長或下降,無論情況如何,是否已被考慮在內。通過這樣做,他們將知道這隻股票是進入清澈的藍色海水還是沼澤水域在等着你。衡量預期收益增長的一個很好的指標是市盈率,它根據收益前景決定了市場願意爲股票支付的價格。因此,您可能需要檢查SandRidge Energy相對於其行業而言是高市盈率還是低市盈率。
Is SandRidge Energy Efficiently Re-investing Its Profits?
SandRidge Energy 能否有效地對其利潤進行再投資?
SandRidge Energy's three-year median payout ratio to shareholders is 2.2%, which is quite low. This implies that the company is retaining 98% of its profits. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number.
SandRidge Energy的三年股東派息率中位數爲2.2%,相當低。這意味着該公司保留了98%的利潤。因此,管理層似乎正在對利潤進行大量再投資以發展業務,這反映在其收益增長數字上。
Conclusion
結論
Overall, we are quite pleased with SandRidge Energy's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. To know the 2 risks we have identified for SandRidge Energy visit our risks dashboard for free.
總體而言,我們對SandRidge Energy的表現感到非常滿意。特別是,我們喜歡該公司對其業務進行大量再投資,而且回報率很高。毫不奇怪,這帶來了可觀的收益增長。考慮到每股收益如何影響長期股價,如果該公司繼續照原樣增長收益,這可能會對其股價產生積極影響。請記住,股票的價格還取決於感知的風險。因此,投資者在投資任何公司之前必須隨時了解所涉及的風險。要了解我們爲SandRidge Energy確定的2種風險,請免費訪問我們的風險儀表板。
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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.
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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根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。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,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。