Are Strong Financial Prospects The Force That Is Driving The Momentum In The Vita Coco Company, Inc.'s NASDAQ:COCO) Stock?
Are Strong Financial Prospects The Force That Is Driving The Momentum In The Vita Coco Company, Inc.'s NASDAQ:COCO) Stock?
Most readers would already be aware that Vita Coco Company's (NASDAQ:COCO) stock increased significantly by 22% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Vita Coco Company's ROE today.
大多數讀者已經意識到，維塔可可公司（納斯達克股票代碼：COCO）的股票在過去三個月中大幅上漲了22％。鑑於從長遠來看，市場會獎勵強勁的財務狀況，我們想知道在這種情況下是否如此。特別是，我們今天將關注維塔可可公司的投資回報率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
股本回報率或投資回報率是對公司增值和管理投資者資金的有效性的考驗。簡而言之，投資回報率顯示了每美元從其股東投資中產生的利潤。
How To Calculate Return On Equity?
如何計算股本回報率？
Return on equity can be calculated by using the formula:
股本回報率可以使用以下公式計算：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率 = 淨利潤（來自持續經營業務）÷ 股東權益
So, based on the above formula, the ROE for Vita Coco Company is:
因此，根據上述公式，維塔可可公司的投資回報率爲：
26% = US$54m ÷ US$210m (Based on the trailing twelve months to March 2024).
26% = 5400萬美元 ÷ 2.1億美元（基於截至2024年3月的過去十二個月）。
The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.26 in profit.
“回報” 是過去十二個月的利潤。對此進行概念化的一種方法是，該公司每擁有1美元的股東資本，就能獲得0.26美元的利潤。
What Is The Relationship Between ROE And Earnings Growth?
投資回報率與收益增長之間有什麼關係？
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
到目前爲止，我們已經了解到，投資回報率衡量的是公司創造利潤的效率。現在，我們需要評估公司再投資或 “保留” 了多少利潤以用於未來的增長，從而使我們對公司的增長潛力有所了解。假設其他條件都一樣，與功能不相同的公司相比，具有更高股本回報率和更高利潤保留率的公司通常具有更高的增長率。
Vita Coco Company's Earnings Growth And 26% ROE
維塔可可公司的收益增長和26％的投資回報率
First thing first, we like that Vita Coco Company has an impressive ROE. Additionally, the company's ROE is higher compared to the industry average of 21% which is quite remarkable. This probably laid the groundwork for Vita Coco Company's moderate 15% net income growth seen over the past five years.
首先，我們喜歡維塔可可公司的投資回報率令人印象深刻。此外，該公司的投資回報率高於行業平均水平的21％，這非常引人注目。這可能爲維塔可可公司在過去五年中實現15％的溫和淨收入增長奠定了基礎。
Next, on comparing with the industry net income growth, we found that Vita Coco Company's growth is quite high when compared to the industry average growth of 8.0% in the same period, which is great to see.
接下來，與行業淨收入增長相比，我們發現維塔可可公司的增長與同期8.0％的行業平均增長率相比相當高，這真是太好了。
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for COCO? You can find out in our latest intrinsic value infographic research report.
爲公司附加價值的基礎在很大程度上與其收益增長息息相關。無論如何，投資者應設法確定預期的收益增長或下降是否已計入其中。這樣做將幫助他們確定股票的未來是樂觀還是不祥的。市場對COCO的未來展望進行了定價嗎？你可以在我們最新的內在價值信息圖研究報告中找到答案。
Is Vita Coco Company Efficiently Re-investing Its Profits?
維塔可可公司是否有效地將其利潤再投資？
Vita Coco Company doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the decent earnings growth number that we discussed above.
Vita Coco Company目前不支付任何定期股息，這實質上意味着它一直在將所有利潤再投資於該業務。這無疑有助於實現我們上面討論的可觀的收入增長數字。
Summary
摘要
On the whole, we feel that Vita Coco Company's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
總的來說，我們認爲維塔可可公司的表現相當不錯。特別是，很高興看到該公司正在對其業務進行大量投資，再加上高回報率，這爲其收益帶來了可觀的增長。在研究分析師當前的估計時，我們發現分析師預計該公司將繼續保持最近的增長勢頭。這些分析師的預期是基於對該行業的廣泛預期，還是基於公司的基本面？點擊此處進入我們分析師對公司的預測頁面。
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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？對內容感到擔憂嗎？請直接聯繫我們。或者，也可以發送電子郵件至編輯團隊 (at) simplywallst.com。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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