Is Lululemon Athletica Inc.'s (NASDAQ:LULU) Latest Stock Performance A Reflection Of Its Financial Health?
Is Lululemon Athletica Inc.'s (NASDAQ:LULU) Latest Stock Performance A Reflection Of Its Financial Health?
Lululemon Athletica (NASDAQ:LULU) has had a great run on the share market with its stock up by a significant 11% over the last three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. Particularly, we will be paying attention to Lululemon Athletica's ROE today.
Lululemon Athletica(納斯達克股票代碼:LULU)在過去三個月中大幅上漲了11%,在股市上表現良好。由於市場通常會爲公司的長期基本面買單,因此我們決定研究公司的關鍵績效指標,看看它們是否會影響市場。特別是,我們今天將關注Lululemon Athletica的投資回報率。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
ROE或股本回報率是評估公司如何有效地從股東那裏獲得的投資中獲得回報的有用工具。簡而言之,它用於評估公司相對於其股權資本的盈利能力。
View our latest analysis for Lululemon Athletica
查看我們對 Lululemon Athletica 的最新分析
How Do You Calculate Return On Equity?
你如何計算股本回報率?
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 Lululemon Athletica is:
因此,根據上述公式,Lululemon Athletica 的投資回報率爲:
29% = US$1.0b ÷ US$3.5b (Based on the trailing twelve months to July 2023).
29% = 10億美元 ¥35億美元(基於截至2023年7月的過去十二個月)。
The 'return' is the amount earned after tax over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.29.
“申報表” 是過去十二個月的稅後收入金額。因此,這意味着其股東每投資1美元,公司就會產生0.29美元的利潤。
What Has ROE Got To Do With Earnings Growth?
投資回報率與收益增長有什麼關係?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. 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,投資回報率衡量的是公司創造利潤的效率。現在,我們需要評估公司再投資或 “保留” 了多少利潤以用於未來的增長,從而使我們對公司的增長潛力有所了解。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。
Lululemon Athletica's Earnings Growth And 29% ROE
Lululemon Athletica 的收益增長和 29% 的投資回報率
Firstly, we acknowledge that Lululemon Athletica has a significantly high ROE. Secondly, even when compared to the industry average of 15% the company's ROE is quite impressive. So, the substantial 20% net income growth seen by Lululemon Athletica over the past five years isn't overly surprising.
首先,我們承認Lululemon Athletica的投資回報率非常高。其次,即使與15%的行業平均水平相比,該公司的投資回報率也相當可觀。因此,Lululemon Athletica在過去五年中實現了20%的強勁淨收入增長並不奇怪。
Next, on comparing with the industry net income growth, we found that Lululemon Athletica's growth is quite high when compared to the industry average growth of 14% 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Lululemon Athletica的增長相當高,而同期行業平均增長率爲14%,這很高興看到。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231123/0-f777cb2a3f2db30cedaa5a71ce93ed84-0-59737110cd16f64b45c1c184f28acb5b.png/big)
Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Lululemon Athletica fairly valued compared to other companies? These 3 valuation measures might help you decide.
收益增長是估值股票時要考慮的重要指標。對於投資者來說,重要的是要知道市場是否影響了公司的預期收益增長(或下降)。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。與其他公司相比,Lululemon Athletica 的估值是否公平?這三種估值指標可能有助於您做出決定。
Is Lululemon Athletica Making Efficient Use Of Its Profits?
Lululemon Athletica 是否在有效利用其利潤?
Lululemon Athletica doesn't pay any dividend currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above.
Lululemon Athletica目前沒有支付任何股息,這本質上意味着它一直在將所有利潤再投資於該業務。這無疑助長了我們在上面討論的高收益增長數字。
Conclusion
結論
On the whole, we feel that Lululemon Athletica's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
總的來說,我們覺得 Lululemon Athletica 的表現相當不錯。特別是,很高興看到該公司正在對其業務進行大量投資,再加上高回報率,這使其收益大幅增長。在研究分析師目前的估計時,我們發現分析師預計該公司將繼續保持最近的增長勢頭。要詳細了解分析師對公司的最新預測,請查看分析師對公司的預測的可視化。
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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。