Further Weakness as RealReal (NASDAQ:REAL) Drops 14% This Week, Taking Five-year Losses to 87%
Further Weakness as RealReal (NASDAQ:REAL) Drops 14% This Week, Taking Five-year Losses to 87%
Long term investing works well, but it doesn't always work for each individual stock. It hits us in the gut when we see fellow investors suffer a loss. For example, we sympathize with anyone who was caught holding The RealReal, Inc. (NASDAQ:REAL) during the five years that saw its share price drop a whopping 87%. And the share price decline continued over the last week, dropping some 14%. While a drop like that is definitely a body blow, money isn't as important as health and happiness.
長期投資效果很好,但並不總是適用於每一支股票。看到其他投資者遭受損失時,我們感到難受。例如,我們同情任何在The RealReal,Inc.(納斯達克:REAL)持有期間遭受87%股價下跌的人。而且股價下跌在過去的一週內仍在持續下跌,下跌了14%。雖然這樣的下跌絕對是一個沉重的打擊,但錢財不如健康和幸福重要。
With the stock having lost 14% in the past week, it's worth taking a look at business performance and seeing if there's any red flags.
股票在過去一週下跌了14%,因此值得查看業務表現,看看是否存在任何風險。
Because RealReal made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.
因爲RealReal在過去的十二個月中虧損,我們認爲市場現在可能更關注營收和營收增長。一般來說,沒有盈利的公司被期望每年以良好的速度增長營收。你可以想象,快速的營收增長,若能維持,常常會導致快速的利潤增長。
Over five years, RealReal grew its revenue at 18% per year. That's better than most loss-making companies. So on the face of it we're really surprised to see the share price has averaged a fall of 13% each year, in the same time period. You'd have to assume the market is worried that profits won't come soon enough. While there might be an opportunity here, you'd want to take a close look at the balance sheet strength.
在過去的五年中,RealReal的營業收入每年增長18%,這比大多數虧損企業要好。因此,一開始我們真的很驚訝股價在同一時間段平均下跌了13%。你必須假設市場擔心利潤不會很快到來。雖然這裏可能會有機會,但你需要仔細查看資產負債表的實力。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
以下圖像顯示了公司的營業收入和盈利(隨時間變化)(單擊以查看準確的數字)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240725/0-057649267501d75e59d90017c89550a4-0-479d12da6668415a26f22e27c6f441e4.png/big)
We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. So we recommend checking out this free report showing consensus forecasts
我們喜歡看到內部人在過去12個月內購買了股票。即便如此,未來股息的收益更爲重要,這決定了當前股東能否獲利。因此,我們建議查看這份免費報告,了解市場預期。
A Different Perspective
不同的觀點
We're pleased to report that RealReal shareholders have received a total shareholder return of 28% over one year. There's no doubt those recent returns are much better than the TSR loss of 13% per year over five years. The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - RealReal has 4 warning signs (and 1 which is concerning) we think you should know about.
我們很高興地報告說,RealReal的股東在一年中獲得了28%的總股東回報。毫無疑問,這些近期回報比五年每年13%的TSR虧損要好得多。長期的虧損使我們小心謹慎,但短期的TSR增長無疑預示着更光明的未來。我認爲長期內股價作爲業務表現的代理非常有趣。但爲了真正獲得洞察力,我們需要考慮其他信息。例如冒險風險- RealReal有4個警示標誌(其中1個令人擔憂),我們認爲您應該知道。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar).
如果您喜歡與管理層共同購買股票,那麼您可能會喜歡這個免費的公司列表(提示:大多數公司沒有受到關注)。
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。