Mongolian Mining Corporation (HKG:975) Stocks Shoot Up 73% But Its P/S Still Looks Reasonable
Mongolian Mining Corporation (HKG:975) Stocks Shoot Up 73% But Its P/S Still Looks Reasonable
Despite an already strong run, Mongolian Mining Corporation (HKG:975) shares have been powering on, with a gain of 73% in the last thirty days. The last month tops off a massive increase of 272% in the last year.
儘管已經表現強勁,但蒙古礦業公司(HKG: 975)的股價仍在上漲,在過去三十天中上漲了73%。上個月以去年272%的大幅增長告終。
Since its price has surged higher, when almost half of the companies in Hong Kong's Metals and Mining industry have price-to-sales ratios (or "P/S") below 0.4x, you may consider Mongolian Mining as a stock probably not worth researching with its 1x P/S ratio. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's as high as it is.
由於其價格飆升,當香港金屬和採礦業中將近一半的公司的市售比(或 “P/S”)低於0.4倍時,你可以將蒙古礦業視爲一隻可能不值得研究的股票,其市盈率爲1倍。但是,僅按面值計算市盈率是不明智的,因爲可以解釋爲什麼市盈率如此之高。
See our latest analysis for Mongolian Mining
查看我們對蒙古礦業的最新分析
![](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20231225/0-1549f21d340f2e29009e070811db4a42-0-4726f7e04efce9babc15bd4a997d01ab.png/big)
SEHK:975 Price to Sales Ratio vs Industry December 25th 2023
SEHK: 975 2023 年 12 月 25 日與行業的股價銷售比率
How Mongolian Mining Has Been Performing
蒙古礦業的表現如何
With revenue growth that's exceedingly strong of late, Mongolian Mining has been doing very well. It seems that many are expecting the strong revenue performance to beat most other companies over the coming period, which has increased investors' willingness to pay up for the stock. If not, then existing shareholders might be a little nervous about the viability of the share price.
由於最近收入增長異常強勁,蒙古礦業一直表現良好。看來許多人預計,強勁的收入表現將在未來一段時間內擊敗大多數其他公司,這增加了投資者購買股票的意願。如果不是,那麼現有股東可能會對股價的可行性有些緊張。
We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on Mongolian Mining's earnings, revenue and cash flow.
我們沒有分析師的預測,但您可以查看我們關於蒙古礦業收益、收入和現金流的免費報告,了解最近的趨勢如何爲公司未來做好準備。
What Are Revenue Growth Metrics Telling Us About The High P/S?
收入增長指標告訴我們高市盈率有哪些?
The only time you'd be truly comfortable seeing a P/S as high as Mongolian Mining's is when the company's growth is on track to outshine the industry.
只有當公司的增長有望超越該行業時,你才能真正放心地看到像蒙古礦業一樣高的市盈率。
Taking a look back first, we see that the company's revenues underwent some rampant growth over the last 12 months. The latest three year period has also seen an excellent 109% overall rise in revenue, aided by its incredible short-term performance. Therefore, it's fair to say the revenue growth recently has been superb for the company.
首先回顧一下,我們發現該公司的收入在過去12個月中經歷了一些猛烈的增長。得益於其令人難以置信的短期表現,最近三年的總體收入也實現了109%的出色增長。因此,可以公平地說,該公司最近的收入增長非常好。
When compared to the industry's one-year growth forecast of 10%, the most recent medium-term revenue trajectory is noticeably more alluring
與該行業預測的10%一年增長相比,最新的中期收入軌跡明顯更具吸引力
In light of this, it's understandable that Mongolian Mining's P/S sits above the majority of other companies. Presumably shareholders aren't keen to offload something they believe will continue to outmanoeuvre the wider industry.
有鑑於此,可以理解蒙古礦業的市盈率高於大多數其他公司。據推測,股東們並不熱衷於轉移他們認爲將繼續超越整個行業的東西。
What We Can Learn From Mongolian Mining's P/S?
我們可以從蒙古礦業的P/S中學到什麼?
The large bounce in Mongolian Mining's shares has lifted the company's P/S handsomely. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.
蒙古礦業股價的大幅反彈大大提高了該公司的市盈率。有人認爲,在某些行業,價格與銷售比率是衡量價值的次要指標,但它可能是一個有力的商業信心指標。
As we suspected, our examination of Mongolian Mining revealed its three-year revenue trends are contributing to its high P/S, given they look better than current industry expectations. In the eyes of shareholders, the probability of a continued growth trajectory is great enough to prevent the P/S from pulling back. Barring any significant changes to the company's ability to make money, the share price should continue to be propped up.
正如我們所懷疑的那樣,我們對蒙古礦業的審查顯示,其三年收入趨勢是其高市盈率的原因,因爲這些趨勢看起來好於當前的行業預期。在股東眼中,持續增長軌跡的可能性很大,足以防止市盈率回落。除非公司的盈利能力發生任何重大變化,否則應繼續支撐股價。
We don't want to rain on the parade too much, but we did also find 1 warning sign for Mongolian Mining that you need to be mindful of.
我們不想在遊行隊伍中下太多雨,但我們也找到了一個你需要注意的蒙古礦業警告標誌。
If these risks are making you reconsider your opinion on Mongolian Mining, explore our interactive list of high quality stocks to get an idea of what else is out there.
如果這些風險讓你重新考慮你對蒙古礦業的看法,請瀏覽我們的高質量股票互動清單,了解還有什麼。
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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。