Insulet (NASDAQ:PODD) Is Looking To Continue Growing Its Returns On Capital
Insulet (NASDAQ:PODD) Is Looking To Continue Growing Its Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in Insulet's (NASDAQ:PODD) returns on capital, so let's have a look.
如果你在尋找下一款多功能裝袋機時不確定從哪裏開始,那麼你應該留意一些關鍵趨勢。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。如果你看到這一點,這通常意味着它是一家擁有良好商業模式和大量盈利再投資機會的公司。說到這裏,我們注意到Insulet(納斯達克股票代碼:PODD)的資本回報率發生了一些重大變化,所以讓我們來看看。
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. Analysts use this formula to calculate it for Insulet:
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)。分析師使用這個公式來計算 Insulet 的值:
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)
0.043 = US$88m ÷ (US$2.5b - US$451m) (Based on the trailing twelve months to September 2023).
0.043 = 8,800 萬美元 ¥(25億美元至4.51億美元) (基於截至2023年9月的過去十二個月)。
So, Insulet has an ROCE of 4.3%. In absolute terms, that's a low return and it also under-performs the Medical Equipment industry average of 9.7%.
因此,Insulet的投資回報率爲4.3%。從絕對值來看,回報率很低,也低於醫療設備行業9.7%的平均水平。
Above you can see how the current ROCE for Insulet compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Insulet.
在上方你可以看到Insulet當前的投資回報率與之前的資本回報率相比如何,但從過去你能看出來只有這麼多。如果你想了解分析師對未來的預測,你應該查看我們的Insulet免費報告。
How Are Returns Trending?
退貨趨勢如何?
While in absolute terms it isn't a high ROCE, it's promising to see that it has been moving in the right direction. The data shows that returns on capital have increased substantially over the last five years to 4.3%. The amount of capital employed has increased too, by 156%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
儘管從絕對值來看,它並不是一個很高的投資回報率,但它有望看到它一直在朝着正確的方向前進。數據顯示,在過去五年中,資本回報率大幅上升至4.3%。使用的資本金額也增加了156%。越來越多的資本所帶來的回報率不斷增加在多袋公司中很常見,這就是爲什麼我們印象深刻的原因。
The Bottom Line
底線
In summary, it's great to see that Insulet can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 112% total return over the last five years tells us that investors are expecting more good things to come in the future. In light of that, we think it's worth looking further into this stock because if Insulet can keep these trends up, it could have a bright future ahead.
總而言之,很高興看到Insulet能夠通過持續地以更高的回報率進行資本再投資來增加回報,因爲這些是那些備受追捧的多袋包裝商的一些關鍵要素。過去五年中驚人的112%總回報率告訴我們,投資者預計未來還會有更多好事發生。有鑑於此,我們認爲值得進一步研究這隻股票,因爲如果Insulet能夠保持這些趨勢,它可能會有一個光明的未來。
One final note, you should learn about the 2 warning signs we've spotted with Insulet (including 1 which is significant) .
最後一點是,你應該了解一下我們在Insulet中發現的兩個警告信號(包括一個重要的警告信號)。
While Insulet isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.
儘管Insulet的回報率並不高,但請查看這份免費的股票回報率高、資產負債表穩健的公司名單。
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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。