Investors Should Be Encouraged By Sociedad Química Y Minera De Chile's (NYSE:SQM) Returns On Capital
Investors Should Be Encouraged By Sociedad Química Y Minera De Chile's (NYSE:SQM) Returns On Capital
0.27 = US$2.2b ÷ (US$11b - US$2.4b) If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, the ROCE of Sociedad Química y Minera de Chile (NYSE:SQM) looks great, so lets see what the trend can tell us.
如果您正在尋找成長性股票，有幾個方面需要關注。在完美的世界裏，我們希望看到一個公司將更多資本投入其業務，理想情況下，從這些資本中獲得的回報也在增加。基本上這意味着一個公司擁有有利可圖的創舉，可以繼續投資，這是複利機器的特質。考慮到這一點，智利化學礦業公司（紐交所：SQM）的ROCE看起來很不錯，讓我們看看趨勢能告訴我們什麼。
Understanding Return On Capital Employed (ROCE)
上面您可以看到蒙托克可再生能源現行ROCE與之前資本回報的比較，但過去只能知道這麼多。如果您感興趣，可以查看我們免費的蒙托克可再生能源分析師報告，了解分析師的預測。
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this calculation on Sociedad Química y Minera de Chile is:
只是爲了澄清，如果您不確定，ROCE是一個評估公司在其業務中投資的資本獲得多少稅前收入（以百分比表示）的度量標準。在智利化學礦業公司上進行這個計算的公式是：
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
資產僱用回報率（ROCE）是指企業利潤，即企業稅前利潤除以企業投入的總資本（負債加股權）。如果ROCE高於企業財務成本的承受能力，那麼企業就會創造出更多的價值。
0.27 = US$2.2b ÷ (US$11b - US$2.4b) (Based on the trailing twelve months to March 2024).
0.27 = 22億美元 ÷ (110億美元 - 24億美元)（以截至2024年3月的過去12個月爲基礎）。
Therefore, Sociedad Química y Minera de Chile has an ROCE of 27%. In absolute terms that's a great return and it's even better than the Chemicals industry average of 8.8%.
因此，智利化學礦業公司的ROCE爲27%。從絕對意義上來說，這是一個很好的回報，甚至比化學品行業平均水平的8.8%還要好。
In the above chart we have measured Sociedad Química y Minera de Chile's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Sociedad Química y Minera de Chile .
在上面的圖表中，我們測量了智利化學礦業公司先前的ROCE與其先前的表現，但未來可能更重要。如果您想了解分析師對未來的預測，請查看我們免費提供的《智利化學礦業公司分析師報告》。
The Trend Of ROCE
當尋找下一個倍增器時，如果您不確定從哪裏開始，請關注幾個關鍵趨勢。首先，我們希望看到一個經過驗證的資本使用率。如果您看到這一點，通常意味着這是一家擁有出色業務模式和大量盈利再投資機會的公司。然而，調查蒙托克可再生能源公司（NASDAQ：MNTK）後，我們認爲它的現行趨勢不符合倍增器的模式。
Investors would be pleased with what's happening at Sociedad Química y Minera de Chile. The data shows that returns on capital have increased substantially over the last five years to 27%. Basically the business is earning more per dollar of capital invested and in addition to that, 119% more capital is being employed now too. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
投資者對智利化學礦業公司正在發生的事情會感到滿意。數據顯示，在過去的五年中，資本回報率大幅提高，達到了27%。基本上，該業務每投資一美元就可以賺取更多的收益，此外，現在還使用了119%更多的資本。在不斷增長的資本獲得不斷增加的回報，在複合增長之中，是很常見的，這也是爲什麼我們感到印象深刻的原因。
The Bottom Line On Sociedad Química y Minera de Chile's ROCE
智利化學礦業公司ROCE的底線
To sum it up, Sociedad Química y Minera de Chile has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. And investors seem to expect more of this going forward, since the stock has rewarded shareholders with a 85% return over the last five years. Therefore, we think it would be worth your time to check if these trends are going to continue.
總之，智利化學礦業公司已經證明它可以重新投資於業務並在所投入的資本上獲得更高的回報，這非常棒。而且，投資者似乎期望這種情況將繼續下去，因爲股票在過去的五年中爲股東帶來了85%的回報。因此，我們認爲檢查這些趨勢是否會持續下去是值得您花時間的。
One more thing: We've identified 3 warning signs with Sociedad Química y Minera de Chile (at least 1 which is a bit concerning) , and understanding them would certainly be useful.
還有一件事：我們已經確定智利化學礦業公司存在3個警告信號（至少有1個有點令人擔憂），了解它們肯定會很有用。
High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.
高回報率是強勁表現的關鍵因素，因此請查看我們的免費股票列表，其中列出了盈利能力強、資產負債表堅實的股票。
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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。