Return Trends At Schneider National (NYSE:SNDR) Aren't Appealing
Return Trends At Schneider National (NYSE:SNDR) Aren't Appealing
There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. That's why when we briefly looked at Schneider National's (NYSE:SNDR) ROCE trend, we were pretty happy with what we saw.
如果我們想確定下一個多功能裝袋機,有一些關鍵趨勢需要關注。除其他外,我們希望看到兩件事;首先,成長 返回 論資本使用率(ROCE),其次是公司的擴張 金額 所用資本的比例。歸根結底,這表明這是一家以更高的回報率對利潤進行再投資的企業。這就是爲什麼當我們簡要研究施耐德國家銀行(紐約證券交易所代碼:SNDR)的投資回報率趨勢時,我們對所看到的情況感到非常滿意。
Return On Capital Employed (ROCE): What Is It?
資本使用回報率(ROCE):這是什麼?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Schneider National is:
如果你以前沒有與ROCE合作過,它會衡量公司從其業務中使用的資本中產生的 “回報”(稅前利潤)。施耐德國家公司的計算公式爲:
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)
0.10 = US$410m ÷ (US$4.6b - US$611m) (Based on the trailing twelve months to September 2023).
0.10 = 4.1億美元 ÷(46億美元-6.11億美元) (基於截至2023年9月的過去十二個月)。
Therefore, Schneider National has an ROCE of 10%. In absolute terms, that's a pretty normal return, and it's somewhat close to the Transportation industry average of 9.2%.
因此,施耐德全國的投資回報率爲10%。從絕對值來看,這是相當正常的回報,略接近交通行業9.2%的平均水平。
Check out our latest analysis for Schneider National
查看我們對施耐德國家隊的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240119/0-966c945ea2362fc8371013663e452c9d-0-4360bc4e1c265e60deb3c93df67abbbd.png/big)
Above you can see how the current ROCE for Schneider National compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free report on analyst forecasts for the company.
上面你可以看到施耐德國家目前的投資回報率與其先前的資本回報率相比如何,但從過去可以看出來的只有那麼多。如果您有興趣,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 Does the ROCE Trend For Schneider National Tell Us?
施耐德國家公司的投資回報率趨勢告訴我們什麼?
The trend of ROCE doesn't stand out much, but returns on a whole are decent. Over the past five years, ROCE has remained relatively flat at around 10% and the business has deployed 31% more capital into its operations. 10% is a pretty standard return, and it provides some comfort knowing that Schneider National has consistently earned this amount. Stable returns in this ballpark can be unexciting, but if they can be maintained over the long run, they often provide nice rewards to shareholders.
ROCE的趨勢並不突出,但總體回報還是不錯的。在過去的五年中,投資回報率一直保持相對平穩,約爲10%,該業務在運營中投入的資本增加了31%。10%是一個相當標準的回報,知道施耐德國家一直賺取這筆錢,這讓人感到欣慰。這個大概的穩定回報可能並不令人興奮,但如果能夠長期維持這些回報,它們通常會爲股東提供豐厚的回報。
The Bottom Line
底線
The main thing to remember is that Schneider National has proven its ability to continually reinvest at respectable rates of return. And given the stock has only risen 34% over the last five years, we'd suspect the market is beginning to recognize these trends. So because of the trends we're seeing, we'd recommend looking further into this stock to see if it has the makings of a multi-bagger.
要記住的主要事情是,施耐德國家已經證明了其持續以可觀的回報率進行再投資的能力。鑑於該股在過去五年中僅上漲了34%,我們懷疑市場已開始意識到這些趨勢。因此,鑑於我們所看到的趨勢,我們建議進一步研究這隻股票,看看它是否具有多袋裝的優勢。
Schneider National could be trading at an attractive price in other respects, so you might find our free intrinsic value estimation on our platform quite valuable.
Schneider National在其他方面可能會以誘人的價格進行交易,因此您可能會發現我們在我們平台上的免費內在價值估算非常有價值。
While Schneider National may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
儘管施耐德國家目前可能無法獲得最高的回報,但我們編制了一份目前股本回報率超過25%的公司名單。在這裏查看這個免費清單。
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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.
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。