We Like These Underlying Return On Capital Trends At NetLink NBN Trust (SGX:CJLU)
We Like These Underlying Return On Capital Trends At NetLink NBN Trust (SGX:CJLU)
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. 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, we've noticed some promising trends at NetLink NBN Trust (SGX:CJLU) so let's look a bit deeper.
如果你正在尋找一個多倍增長的公司,有幾件事情需要注意。首先,我們希望看到回報資本僱用(ROCE)的證明,其增長,其次,資本僱用的基礎正在擴大。基本上,這意味着公司有利潤豐厚的方案,可以繼續投資,這是複利機器的特徵。考慮到這一點,我們注意到 NetLink NBN Trust(SGX:CJLU)有一些有前途的趨勢,因此讓我們深入了解一下。
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。
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for NetLink NBN Trust, this is the formula:
如果你以前沒有接觸過ROCE,則它衡量一家公司從其業務中使用的資本獲得的'回報'(稅前利潤)。要爲NetLink NBN Trust計算這個指標,可以使用以下公式:
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。
0.033 = S$126m ÷ (S$3.9b - S$137m) (Based on the trailing twelve months to March 2024).
0.033 = S$12600萬 ÷(S$39億-S$137m)(基於截至2024年3月的過去十二個月)。
So, NetLink NBN Trust has an ROCE of 3.3%. Ultimately, that's a low return and it under-performs the Telecom industry average of 12%.
因此,NetLink NBN Trust的ROCE爲3.3%。歸根結底,這是一種低迴報,並且低於電信行業的平均水平12%。
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In the above chart we have measured NetLink NBN Trust's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering NetLink NBN Trust for free.
在上圖中,我們測量了NetLink NBN Trust的之前ROCE與之前的業績,但未來可以說更爲重要。如果您願意,可以免費查看覆蓋NetLink NBN Trust的分析師的預測。
What Can We Tell From NetLink NBN Trust's ROCE Trend?
從NetLink NBN Trust的ROCE趨勢中我們可以得出什麼結論?
While there are companies with higher returns on capital out there, we still find the trend at NetLink NBN Trust promising. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 56% in that same time. So it's likely that the business is now reaping the full benefits of its past investments, since the capital employed hasn't changed considerably. The company is doing well in that sense, and it's worth investigating what the management team has planned for long term growth prospects.
雖然存在着更高的資本回報率公司,但我們仍然認爲NetLink NBN Trust的趨勢具有前景。更具體地說,儘管公司在過去的五年中一直保持相對穩定的資本僱用,但在同一時期ROCE上升了56%。因此,很可能業務現在正在獲得其過去投資的全部益處,因爲資本僱用沒有發生顯著變化。從這個意義上說,該公司做得很好,值得調查管理團隊計劃的長期增長前景。
The Bottom Line On NetLink NBN Trust's ROCE
NetLink NBN Trust的ROCE底線
To sum it up, NetLink NBN Trust is collecting higher returns from the same amount of capital, and that's impressive. Investors may not be impressed by the favorable underlying trends yet because over the last five years the stock has only returned 28% to shareholders. So with that in mind, we think the stock deserves further research.
總之,NetLink NBN Trust從相同數量的資本中獲得了更高的回報,這令人印象深刻。由於過去五年該股僅回報股東28%,因此投資者可能並不滿意具有有利的基本趨勢。所以考慮到這一點,我們認爲這支股票值得進一步調查。
NetLink NBN Trust does have some risks though, and we've spotted 1 warning sign for NetLink NBN Trust that you might be interested in.
然而,NetLink NBN Trust確實存在一些風險,我們發現了一份NetLink NBN Trust的警告信號,您可能會感興趣。
While NetLink NBN Trust may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
儘管NetLink NBN Trust目前可能沒有最高的回報,但我們已經編制了一份目前獲得超過25%股本回報率的公司列表。在此免費查看此列表。
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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。