If EPS Growth Is Important To You, Ingredion (NYSE:INGR) Presents An Opportunity
If EPS Growth Is Important To You, Ingredion (NYSE:INGR) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.
即使購買'故事股'(沒有任何營業收入,更不用說盈利)也是爲了找到下一個大機會。但正如彼得·林奇在《華爾街上的贏家》中所說: “幾乎不可能靠運氣取勝。”儘管充足資金的企業可能會連續多年遭受虧損,但最終肯定需要盈利,否則投資者將會撤出,企業將會衰敗。
In contrast to all that, many investors prefer to focus on companies like Ingredion (NYSE:INGR), which has not only revenues, but also profits. While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.
與此相反,許多投資者更喜歡關注像宜瑞安(NYSE:INGR)這樣的企業,它不僅擁有收入,還有盈利。雖然盈利不是投資時唯一需要考慮的指標,但值得認識到可以持續產生盈利的企業。
Ingredion's Improving Profits
宜瑞安的利潤改善
Over the last three years, Ingredion has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. Thus, it makes sense to focus on more recent growth rates, instead. Ingredion boosted its trailing twelve month EPS from US$8.38 to US$10.18, in the last year. There's little doubt shareholders would be happy with that 21% gain.
過去三年裏,宜瑞安的每股收益(EPS)以相當低的水平增長,導致三年的百分比增長率並不能太好地反映出預期的未來表現。因此,更有意義的是關注最近的增長率。宜瑞安去年將其過去十二個月的每股收益(EPS)從8.38美元提高到10.18美元。毫無疑問,股東將對這21%的增長感到滿意。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Ingredion's EBIT margins are flat but, worryingly, its revenue is actually down. This does not bode too well for short term growth prospects and so understanding the reasons for these results is of great importance.
仔細考慮營業收入增長和利息和稅前利潤(EBIT)利潤率可以幫助了解最近的利潤增長是否可持續。儘管宜瑞安的EBIt利潤率保持不變,但令人擔憂的是,其營業收入實際上正在下降。這對於短期增長前景並不太好,因此了解這些結果的原因非常重要。
In the chart below, you can see how the company has grown earnings and revenue, over time. For finer detail, click on the image.
在下面的圖表中,您可以看到公司的盈利和收入隨着時間的推移而增長。要獲得更精細的詳細信息,請單擊圖像。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240717/0-6939535ca87dfec9e26cf465270904be-0-f58b192c18148b39fd05b530c083e457.png/big)
The trick, as an investor, is to find companies that are going to perform well in the future, not just in the past. While crystal balls don't exist, you can check our visualization of consensus analyst forecasts for Ingredion's future EPS 100% free.
作爲投資者,訣竅在於找到未來表現良好的公司,而不僅僅是一味追逐過去的成功。雖然沒有水晶球,但您可以免費查看我們對宜瑞安未來每股收益的共識分析師預測的可視化效果。
Are Ingredion Insiders Aligned With All Shareholders?
宜瑞安的內部人員是否與所有股東保持一致?
Owing to the size of Ingredion, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. As a matter of fact, their holding is valued at US$30m. That shows significant buy-in, and may indicate conviction in the business strategy. Even though that's only about 0.4% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders.
由於宜瑞安的規模,我們不希望內部人員持有該公司的大部分股份。但是由於他們對公司的投資,很高興看到他們仍然有動機將行動與股東對齊。事實上,他們的持股價值3000萬美元。這表明他們對業務策略的信心,雖然只佔公司的0.4%,但是足以表明業務領袖與普通股東之間的一致性。
Does Ingredion Deserve A Spot On Your Watchlist?
宜瑞安是否值得被加入您的自選股?
One positive for Ingredion is that it is growing EPS. That's nice to see. To add an extra spark to the fire, significant insider ownership in the company is another highlight. That combination is very appealing. So yes, we do think the stock is worth keeping an eye on. What about risks? Every company has them, and we've spotted 2 warning signs for Ingredion (of which 1 shouldn't be ignored!) you should know about.
對於宜瑞安而言,一個積極因素是其正在增長的每股收益。這很不錯。爲了爲這一點增添火花,該公司內部人員擁有的大量股份是另一個亮點。這種組合非常有吸引力。所以,我們認爲這支股票值得關注。風險呢?每家公司都有風險,我們已經發現了2個宜瑞安的警告信號(其中1個不應被忽視!),您應該予以了解。
Although Ingredion certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of companies that not only boast of strong growth but have strong insider backing.
儘管宜瑞安看起來非常好,但如果內部人員正在購買股票,那麼它可能更吸引投資者。如果您想看到內部人員持有更多股份的公司,則可以查看這些更多內部人員支持的強勁增長公司的手選選擇。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。
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?對內容感到擔憂?請直接與我們聯繫。或者,發送電子郵件至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?對內容感到擔憂?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。