Ovintiv's (NYSE:OVV) Investors Will Be Pleased With Their Splendid 107% Return Over the Last Five Years
Ovintiv's (NYSE:OVV) Investors Will Be Pleased With Their Splendid 107% Return Over the Last Five Years
It hasn't been the best quarter for Ovintiv Inc. (NYSE:OVV) shareholders, since the share price has fallen 10% in that time. But the silver lining is the stock is up over five years. Unfortunately its return of 79% is below the market return of 96%.
Ovintiv Inc.(NYSE:OVV)的股東們在最近一個季度裏表現並不好,股價下跌了10%。但好消息是,在過去的五年中,股票上漲了。不幸的是,其收益率爲79%,低於市場收益率96%。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
那麼,讓我們調查一下並查看公司的長期表現是否符合基本業務的進展。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
市場有時無疑是高效的,但價格並不總是反映基礎業務表現。 一種檢查市場情緒如何隨時間改變的方法是查看公司的股價與每股收益(EPS)之間的互動。
During the last half decade, Ovintiv became profitable. That's generally thought to be a genuine positive, so investors may expect to see an increasing share price.
在過去的五年中,Ovintiv 實現了盈利,這通常被認爲是一個真正的積極因素,因此,投資者可能希望看到股價上漲。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(隨時間的推移)如下圖所示(單擊可查看確切數字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240624/0-7361cdf2ee63d35120425c2266fe2228-0-a3aea2b6d5b0f6a561424d111c52059f.png/big)
It is of course excellent to see how Ovintiv has grown profits over the years, but the future is more important for shareholders. You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
Ovintiv 多年來的盈利增長是值得稱讚的,但對於股東來說,未來更加重要。您可以在此免費交互式圖表中了解其資產負債表如何隨着時間的推移而增強(或減弱)
What About Dividends?
那麼分紅怎麼樣呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Ovintiv, it has a TSR of 107% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股價回報率之外,投資者還應考慮總股東回報率(TSR)。 TSR是一種回報率計算,它考慮了現金股利的價值(假設收到的任何股利都已再投資)以及任何折扣資本增發和分拆的計算價值。可以說,TSR爲支付股息的股票提供了更完整的圖片。以Ovintiv爲例,其在過去5年中的TSR爲107%,高於我們之前提到的股價回報率。公司支付的股息已經提高了——總股東回報。
A Different Perspective
不同的觀點
It's good to see that Ovintiv has rewarded shareholders with a total shareholder return of 32% in the last twelve months. That's including the dividend. That's better than the annualised return of 16% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand Ovintiv better, we need to consider many other factors. Case in point: We've spotted 5 warning signs for Ovintiv you should be aware of, and 1 of them is significant.
很高興看到Ovintiv在過去的十二個月中向股東回報了32%的股東回報率。這包括股息。這比過去半個十年的年化回報率16%要好,顯示出公司最近的表現更好。在最好的情況下,這可能暗示着一些真正的業務勢頭,意味着現在可能是深入了解的大好時機。長期跟蹤股價表現總是很有趣的。但要更好地了解Ovintiv,我們需要考慮許多其他因素。例如:我們已經發現了Ovintiv的5個警告信號,您應該注意其中的1個是重要的。
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
當然,您可能在其他地方找到一家出色的企業進行投資。因此,請查看我們預計將實現盈利增長的公司的免費列表。
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,本文所引述的市場回報反映了目前在美國交易所上市的股票的市場加權平均回報。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,也可以發送電子郵件至editorial-team@simplywallst.com