RBC Bearings' (NYSE:RBC) Earnings Growth Rate Lags the 15% CAGR Delivered to Shareholders
RBC Bearings' (NYSE:RBC) Earnings Growth Rate Lags the 15% CAGR Delivered to Shareholders
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on a lighter note, a good company can see its share price rise well over 100%. For example, the RBC Bearings Incorporated (NYSE:RBC) share price has soared 105% in the last half decade. Most would be very happy with that. Also pleasing for shareholders was the 13% gain in the last three months. But this move may well have been assisted by the reasonably buoyant market (up 8.5% in 90 days).
在購買公司股票(假設沒有槓桿作用)之後,最糟糕的結果是你損失了所有投入的資金。但簡而言之,一家好的公司的股價可以上漲超過100%。例如,加拿大皇家銀行軸承公司(紐約證券交易所代碼:RBC)的股價在過去五年中飆升了105%。大多數人會對此感到非常滿意。同樣令股東高興的是過去三個月的13%的漲幅。但是,這一舉措很可能得到了相當活躍的市場(90天內上漲8.5%)的推動。
While the stock has fallen 5.0% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals.
儘管該股本週下跌了5.0%,但值得關注長期來看,看看股票的歷史回報是否是由基礎基本面推動的。
Check out our latest analysis for RBC Bearings
查看我們對加拿大皇家銀行軸承的最新分析
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
不可否認的是,市場有時是有效的,但價格並不總是能反映基本的業務表現。考慮市場對公司的看法如何變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價變動進行比較。
During five years of share price growth, RBC Bearings achieved compound earnings per share (EPS) growth of 4.9% per year. This EPS growth is slower than the share price growth of 15% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth. This favorable sentiment is reflected in its (fairly optimistic) P/E ratio of 47.62.
在五年的股價增長中,加拿大皇家銀行軸承實現了每年4.9%的複合每股收益(EPS)增長。每股收益的增長低於同期每年15%的股價增長。因此,可以公平地假設市場對該業務的看法比五年前更高。考慮到增長的記錄,這並不令人震驚。這種積極情緒反映在其(相當樂觀的)市盈率47.62上。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
你可以在下面看到 EPS 是如何隨着時間的推移而發生的變化(點擊圖片發現確切的數值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240107/0-30efde8aee8e01b675b3520096858d5a-0-23cf25a3c2dc3101503e175cb526dde3.png/big)
We know that RBC Bearings has improved its bottom line lately, but is it going to grow revenue? This free report showing analyst revenue forecasts should help you figure out if the EPS growth can be sustained.
我們知道加拿大皇家銀行軸承最近提高了利潤,但它會增加收入嗎?這份顯示分析師收入預測的免費報告應幫助您弄清楚每股收益的增長是否可以持續。
A Different Perspective
不同的視角
It's nice to see that RBC Bearings shareholders have received a total shareholder return of 27% over the last year. That gain is better than the annual TSR over five years, which is 15%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 1 warning sign for RBC Bearings that you should be aware of before investing here.
很高興看到加拿大皇家銀行軸承的股東在過去一年中獲得了27%的總股東回報率。這一增幅好於五年內的年度股東總回報率,即15%。因此,最近公司周圍的情緒似乎一直很樂觀。鑑於股價勢頭仍然強勁,可能值得仔細研究該股,以免錯過機會。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,我們發現了加拿大皇家銀行軸承的1個警告信號,在投資這裏之前,您應該注意這一點。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果你想和管理層一起購買股票,那麼你可能會喜歡這份免費的公司清單。(提示:內部人士一直在買入它們)。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報率。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
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。