CDW's (NASDAQ:CDW) Investors Will Be Pleased With Their Strong 115% Return Over the Last Five Years
CDW's (NASDAQ:CDW) Investors Will Be Pleased With Their Strong 115% Return Over the Last Five Years
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of CDW Corporation (NASDAQ:CDW) stock is up an impressive 103% over the last five years. The last week saw the share price soften some 1.7%.
當你買入股票時,它也有可能一夜之間跌掉100%。但好的公司股價能夠增長超過100%。例如,CDW公司(納斯達克股票代碼:CDW)的股價在過去的五年中上漲了驚人的103%。上週股價有所下跌,約下降了1.7%。
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。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just 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).
儘管市場是一個強大的價格機制,但股票價格反映的不僅是潛在業務績效,還反映了投資者的情緒。 了解市場情緒隨時間的變化的一種方法是查看公司的股價與每股收益(EPS)之間的互動。
Over half a decade, CDW managed to grow its earnings per share at 13% a year. This EPS growth is reasonably close to the 15% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. Rather, the share price has approximately tracked EPS growth.
在過去的半個多世紀裏,cdw公司成功地將每股收益增長率維持在13%的年均增長率。該增長率與股價每年15%的平均增長速度相當接近。這表明市場對該公司的情緒在很長時間內沒有太大的改變。相反,股價大致跟隨每股收益的增長。
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)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240722/0-cceb0982855cd5b0257160294225906c-0-554b9afa6b84c78cada8f96663197fe3.png/big)
Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.
在購買或出售股票之前,我們始終建議對歷史增長趨勢進行仔細研究,可以在這裏找到相關信息。
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 CDW, it has a TSR of 115% 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,投資者還應考慮總股東回報(TSR)。 TSR是一個回報計算,考慮到現金紅利的價值(假設收到的任何股息都被再投資)以及任何折價的股權融資和剝離的計算價值。可以說TSR爲支付股息的股票提供了更完整的情況。在CDW的情況下,它在過去的5年中的TSR爲115%。這超過了我們之前提到的股價回報。公司支付的股息這樣增強了股東的總回報。
A Different Perspective
不同的觀點
CDW's TSR for the year was broadly in line with the market average, at 22%. That gain looks pretty satisfying, and it is even better than the five-year TSR of 16% per year. Even if the share price growth slows down from here, there's a good chance that this is business worth watching in the long term. It's always interesting to track share price performance over the longer term. But to understand CDW better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for CDW you should be aware of.
cdw公司的年化股票總回報率與市場平均水平大致相同,爲22%。這個增長看起來相當令人滿意,甚至比過去五年的年化股票總回報率(16%)還要好。即使股價增長從現在開始放緩,這個業務在長期來看仍值得關注。了解股票的長期表現總是令人感興趣。但要更好地了解cdw公司,我們需要考慮許多其他因素。一個例子是:我們發現cdw公司的1個警告信號,您需要注意。
If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying.
如果您像我一樣,就不會希望錯過這份免費的內部人士正在購買的低估小市值股票列表。
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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。