BrightView Holdings' (NYSE:BV) Solid Earnings May Rest On Weak Foundations
BrightView Holdings' (NYSE:BV) Solid Earnings May Rest On Weak Foundations
BrightView Holdings, Inc.'s (NYSE:BV) robust recent earnings didn't do much to move the stock. However the statutory profit number doesn't tell the whole story, and we have found some factors which might be of concern to shareholders.
BrightView Holdings, Inc. (紐交所:BV)最近強勁的盈利表現未能推動股票走高。然而,正常利潤數據並不能完全反映實際情況,我們發現一些因素可能會引起股東的關注。
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The Impact Of Unusual Items On Profit
除了稀釋之外,還應該注意的是,萬集科技在過去12個月中因不尋常項目獲得了價值人民幣3.5萬元的利潤。雖然我們希望看到利潤增加,但當這些不尋常項目對利潤做出重大貢獻時,我們會更加謹慎。我們對全球大部分上市公司的數據進行了分析,發現不尋常項目往往是一次性的。這正如我們所期望的那樣,因爲這些提升被描述爲"不尋常"。相對於其利潤而言,萬集科技在2021年12月前的不尋常項目貢獻大。因此,我們可以推斷出,這些不尋常項目正在使其財務利潤顯著增強。
To properly understand BrightView Holdings' profit results, we need to consider the US$29m gain attributed to unusual items. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).
爲了正確理解BrightView Holdings的利潤結果,我們需要考慮到已歸因於飛凡項目的2,900萬美元收益。我們不能否認,更高的利潤通常使我們感到樂觀,但如果利潤能夠持續增長,那就更好了。根據我們對成千上萬家公開上市公司的數據分析,一年中因爲異常項目而增加的利潤通常不會在下一年重複出現。這是可以理解的,因爲這些增加被稱爲“異常”。假設這些異常項目不會在當前年份再次出現,那麼我們預期,除了業務增長之外,下一年的利潤將會更加疲軟。
That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.
這可能會讓您想知道分析師對未來盈利能力的預測。幸運的是,您可以單擊此處查看基於其估計的未來盈利能力的互動圖表。
Our Take On BrightView Holdings' Profit Performance
我們對BrightView Holdings的盈利表現有自己的看法
Arguably, BrightView Holdings' statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that BrightView Holdings' statutory profits are better than its underlying earnings power. The good news is that it earned a profit in the last twelve months, despite its previous loss. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. If you want to do dive deeper into BrightView Holdings, you'd also look into what risks it is currently facing. For example - BrightView Holdings has 1 warning sign we think you should be aware of.
可以說,飛凡控股的正常盈利因爲異常項目的增加而出現扭曲,增加了利潤。因此,我們認爲,飛凡控股的正常利潤比其基本盈利能力更好。好消息是,儘管之前曾虧損,但它在過去的12個月裏實現了盈利。歸根結底,如果你想正確了解這家公司,就需要考慮不止上述因素。如果想深入了解BrightView Holdings,你還應該了解它目前面臨的風險。例如,BrightView Holdings存在一個警告標誌,我們認爲您應該知曉。
This note has only looked at a single factor that sheds light on the nature of BrightView Holdings' profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership.
這篇文章只關注了有關BrightView Holdings利潤性質的單一因素。但是,還有很多其他方法可以幫助您了解公司。一些人認爲高股本回報率是質量企業的一個好跡象。因此,你可能想看看這些擁有高股本回報率的公司,或者這些具有高內部所有權的股票的自由合集。
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。