Resideo Technologies, Inc.'s (NYSE:REZI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Resideo Technologies, Inc.'s (NYSE:REZI) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Resideo Technologies (NYSE:REZI) has had a great run on the share market with its stock up by a significant 6.0% over the last month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Resideo Technologies' ROE today.
Resideo Technologies(紐約證券交易所代碼:REZI)在股市上表現良好,其股票比上個月大幅上漲了6.0%。我們想知道公司的財務狀況在價格變動中是否起着什麼作用,因爲公司的長期基本面通常決定市場業績。特別是,我們今天將關注Resideo Technologies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 Resideo Technologies
查看我們對Resideo技術的最新分析
How Is ROE Calculated?
ROE 是如何計算的?
ROE can be calculated by using the formula:
ROE 可以通過以下公式計算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率 = 淨利潤(來自持續經營)÷ 股東權益
So, based on the above formula, the ROE for Resideo Technologies is:
因此,根據上述公式,Resideo Technologies的投資回報率爲:
6.3% = US$167m ÷ US$2.6b (Based on the trailing twelve months to September 2023).
6.3% = 1.67億美元 ¥26億美元(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. That means that for every $1 worth of shareholders' equity, the company generated $0.06 in profit.
“回報” 是過去十二個月的稅後收入。這意味着,公司每獲得價值1美元的股東權益,就會產生0.06美元的利潤。
Why Is ROE Important For Earnings Growth?
爲什麼投資回報率對收益增長很重要?
So far, we've learned that ROE is a measure of a company's profitability. 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,投資回報率是衡量公司盈利能力的指標。我們現在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,這樣我們就可以了解公司的增長潛力。一般而言,在其他條件相同的情況下,股本回報率和利潤保留率高的公司比不具備這些屬性的公司的增長率更高。
Resideo Technologies' Earnings Growth And 6.3% ROE
瑞迪奧科技的收益增長和6.3%的投資回報率
At first glance, Resideo Technologies' ROE doesn't look very promising. Next, when compared to the average industry ROE of 18%, the company's ROE leaves us feeling even less enthusiastic. However, the moderate 12% net income growth seen by Resideo Technologies over the past five years is definitely a positive. So, the growth in the company's earnings could probably have been caused by other variables. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
乍一看,Resideo Technologies的投資回報率看起來並不十分樂觀。接下來,與18%的行業平均投資回報率相比,該公司的投資回報率使我們感到不那麼熱情。但是,在過去五年中,Resideo Technologies實現了12%的溫和淨收入增長,這絕對是積極的。因此,公司收益的增長可能是由其他變量造成的。例如,公司的管理層可能做出了一些良好的戰略決策,或者公司的派息率很低。
Next, on comparing Resideo Technologies' net income growth with the industry, we found that the company's reported growth is similar to the industry average growth rate of 12% over the last few years.
接下來,在將Resideo Technologies的淨收入增長與該行業的淨收入增長進行比較時,我們發現該公司報告的增長與過去幾年12%的行業平均增長率相似。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231204/0-faecb525f3321f5d8729f5d1c24e50ef-0-d3ae43cc2baef981873a1b4ffd748330.png/big)
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. Is REZI fairly valued? This infographic on the company's intrinsic value has everything you need to know.
爲公司附加價值的基礎在很大程度上與其收益增長息息相關。投資者接下來需要確定的是,預期的收益增長或缺乏收益是否已經包含在股價中。然後,這可以幫助他們確定股票是面向光明還是暗淡的未來。REZI 的價值是否合理?這張關於公司內在價值的信息圖包含了你需要知道的一切。
Is Resideo Technologies Efficiently Re-investing Its Profits?
Resideo Technologies 能否有效地將其利潤再投資?
Resideo Technologies 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 decent earnings growth number that we discussed above.
Resideo Technologies目前不支付任何股息,這本質上意味着它一直在將所有利潤再投資於該業務。這無疑有助於實現我們上面討論的可觀的收入增長數字。
Summary
摘要
Overall, we feel that Resideo Technologies certainly does have some positive factors to consider. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. Having said that, looking at the current analyst estimates, we found that the company's earnings are expected to gain momentum. 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,我們認爲Resideo Technologies確實有一些積極的因素需要考慮。儘管回報率很低,但由於對業務進行了大量再投資,該公司的收益增長令人印象深刻。話雖如此,從分析師目前的估計來看,我們發現該公司的收益有望增強。要詳細了解分析師對公司的最新預測,請查看該公司的分析師預測的可視化。
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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。