Returns On Capital Are A Standout For Hawkins (NASDAQ:HWKN)
Returns On Capital Are A Standout For Hawkins (NASDAQ:HWKN)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. And in light of that, the trends we're seeing at Hawkins' (NASDAQ:HWKN) look very promising so lets take a look.
如果我們想找到潛在的多功能玩家,通常有潛在的趨勢可以提供線索。在一個完美的世界中,我們希望看到一家公司向其業務投資更多的資本,理想情況下,從這些資本中獲得的回報也在增加。這向我們表明,它是一臺複合機器,能夠持續將其收益再投資於業務併產生更高的回報。有鑑於此,我們在霍金斯(納斯達克股票代碼:HWKN)看到的趨勢看起來非常有希望,所以讓我們來看看吧。
Return On Capital Employed (ROCE): What Is It?
資本使用回報率(ROCE):這是什麼?
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Hawkins, this is the formula:
對於那些不確定ROCE是什麼的人來說,它衡量的是公司從業務中使用的資本中可以產生的稅前利潤額。要計算霍金斯的這個指標,公式如下:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
已動用資本回報率 = 息稅前收益 (EBIT) ¥(總資產-流動負債)
0.20 = US$96m ÷ (US$575m - US$94m) (Based on the trailing twelve months to October 2023).
0.20 = 9600 萬美元 ¥(5.75 億美元至 9.4 億美元) (基於截至2023年10月的過去十二個月)。
So, Hawkins has an ROCE of 20%. That's a fantastic return and not only that, it outpaces the average of 10% earned by companies in a similar industry.
因此,霍金斯的投資回報率爲20%。這是一個不錯的回報,不僅如此,它還超過了類似行業中公司的平均收入10%。
View our latest analysis for Hawkins
查看我們對霍金斯的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231213/0-7e88583cd04ff4360fdf54e345f681fb-0-2692cc4ad1e6523b528f3348da21cac7.png/big)
In the above chart we have measured Hawkins' prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
在上面的圖表中,我們衡量了霍金斯之前的投資回報率與之前的表現,但可以說,未來更爲重要。如果你有興趣,可以在我們關於公司分析師預測的免費報告中查看分析師的預測。
What The Trend Of ROCE Can Tell Us
ROCE 的趨勢能告訴我們什麼
We like the trends that we're seeing from Hawkins. Over the last five years, returns on capital employed have risen substantially to 20%. The amount of capital employed has increased too, by 45%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
我們喜歡從霍金斯那裏看到的趨勢。在過去五年中,資本使用回報率已大幅上升至20%。使用的資本金額也增加了45%。不斷增長的資本回報率在多元化企業中很常見,這就是我們印象深刻的原因。
The Bottom Line On Hawkins' ROCE
霍金斯投資回報率的底線
A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what Hawkins has. And a remarkable 252% total return over the last five years tells us that investors are expecting more good things to come in the future. Therefore, we think it would be worth your time to check if these trends are going to continue.
一家不斷提高資本回報率並且能夠持續進行自我再投資的公司是一個備受追捧的特徵,而這正是霍金斯所擁有的特徵。在過去五年中,驚人的252%的總回報率告訴我們,投資者預計未來會有更多的好處。因此,我們認爲值得您花時間檢查這些趨勢是否會持續下去。
While Hawkins looks impressive, no company is worth an infinite price. The intrinsic value infographic in our free research report helps visualize whether HWKN is currently trading for a fair price.
儘管霍金斯看上去令人印象深刻,但沒有一家公司的價值是無限的。我們免費研究報告中的內在價值信息圖有助於直觀地了解HWKN目前是否以公平的價格進行交易。
Hawkins is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals.
霍金斯並不是唯一一隻獲得高回報的股票。如果您想了解更多,請查看我們的免費股本回報率高且基本面穩健的公司名單。
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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。