Investors in Deckers Outdoor (NYSE:DECK) Have Seen Fantastic Returns of 563% Over the Past Five Years
Investors in Deckers Outdoor (NYSE:DECK) Have Seen Fantastic Returns of 563% Over the Past Five Years
We think all investors should try to buy and hold high quality multi-year winners. While the best companies are hard to find, but they can generate massive returns over long periods. Don't believe it? Then look at the Deckers Outdoor Corporation (NYSE:DECK) share price. It's 563% higher than it was five years ago. And this is just one example of the epic gains achieved by some long term investors. Meanwhile the share price is 2.9% higher than it was a week ago. It really delights us to see such great share price performance for investors.
我們認爲,所有投資者都應該嘗試買入並持有高質量的多年期贏家。雖然很難找到最好的公司,但它們可以在很長一段時間內產生豐厚的回報。不相信?然後看看德克斯戶外公司(紐約證券交易所代碼:DECK)的股價。它比五年前高出563%。這只是一些長期投資者取得巨大收益的一個例子。同時,股價比一週前上漲了2.9%。看到投資者如此出色的股價表現確實令我們高興。
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
考慮到這一點,值得一看公司的基本面是否是長期業績的驅動力,或者是否存在一些差異。
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
禾倫·巴菲特在他的文章《格雷厄姆和多茲維爾的超級投資者》中描述了股價如何並不總是能合理地反映企業的價值。評估公司情緒變化的一種有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。
During five years of share price growth, Deckers Outdoor achieved compound earnings per share (EPS) growth of 28% per year. This EPS growth is lower than the 46% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.
在五年的股價增長中,Deckers Outdoor實現了每年28%的複合每股收益(EPS)增長。每股收益的增長低於股價平均年增長46%。因此,可以公平地假設市場對該業務的看法比五年前更高。考慮到增長的記錄,這並不令人震驚。
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
下圖描述了 EPS 隨着時間的推移是如何變化的(點擊圖片可以看到確切的值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240811/0-fdd01c5c314bd590c911412fd4e41a67-0-037cddd84d2facc7fc428b833db09186.png/big)
It's probably worth noting that the CEO is paid less than the median at similar sized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. This free interactive report on Deckers Outdoor's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
可能值得注意的是,首席執行官的薪水低於類似規模公司的中位數。但是,儘管首席執行官的薪酬總是值得檢查的,但真正重要的問題是公司未來能否增加收益。如果你想進一步調查該股,這份關於Deckers Outdoor收益、收入和現金流的免費互動報告是一個很好的起點。
A Different Perspective
不同的視角
It's good to see that Deckers Outdoor has rewarded shareholders with a total shareholder return of 61% in the last twelve months. That gain is better than the annual TSR over five years, which is 46%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. 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. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Deckers Outdoor , and understanding them should be part of your investment process.
很高興看到Deckers Outdoor在過去十二個月中向股東提供了61%的總股東回報率。這一增幅好於五年內的年度股東總回報率,即46%。因此,最近公司周圍的情緒似乎一直很樂觀。鑑於股價勢頭仍然強勁,可能值得仔細研究該股,以免錯過機會。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,投資風險的幽靈無處不在。我們已經在Deckers Outdoor上確定了一個警告信號,我們知道它們應該是您投資過程的一部分。
We will like Deckers Outdoor better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我們看到一些重大的內幕收購,我們會更喜歡Deckers Outdoor。在我們等待的同時,請查看這份被低估的股票(主要是小盤股)的免費清單,這些股票最近有大量的內幕買盤。
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,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。
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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。