With EPS Growth And More, DBS Group Holdings (SGX:D05) Makes An Interesting Case
With EPS Growth And More, DBS Group Holdings (SGX:D05) Makes An Interesting Case
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.
很多投資者,尤其是那些缺乏經驗的投資者,常常會購買那些有好故事的公司的股票,即使這些公司在虧損。有時候這些故事會影響投資者的判斷,導致他們根據情感而非良好的公司基本面投資。儘管一個充分資金的公司可能會持續虧損數年,卻仍必須最終實現盈利,否則投資者將會撤離,公司將會衰落。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like DBS Group Holdings (SGX:D05). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business.
儘管處於科技股藍天投資的年代,許多投資者仍然採用更傳統的策略——購買像星展集團控股(SGX:D05)這樣盈利的公司的股票。現在,並不是說這家公司提供了最好的投資機會,但盈利能力是業務成功的關鍵因素。
How Quickly Is DBS Group Holdings Increasing Earnings Per Share?
星展集團控股的每股收益增長速度有多快?
If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. That makes EPS growth an attractive quality for any company. Shareholders will be happy to know that DBS Group Holdings' EPS has grown 21% each year, compound, over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied.
如果一家公司能夠持續增長每股收益(EPS)足夠長的時間,其股價最終應該會跟隨。這使得EPS增長成爲任何公司都具有吸引力的特質。股東們會高興地知道,星展集團控股的EPS在過去三年中每年增長21%,累積計算。如果公司能夠維持這種增長勢頭,我們期望股東們會滿意的。
It's often helpful to take a look at earnings before interest and tax (EBIT) margins, as well as revenue growth, to get another take on the quality of the company's growth. Our analysis has highlighted that DBS Group Holdings' revenue from operations did not account for all of their revenue in the previous 12 months, so our analysis of its margins might not accurately reflect the underlying business. DBS Group Holdings maintained stable EBIT margins over the last year, all while growing revenue 10.0% to S$21b. That's a real positive.
查看利息和稅前利潤(EBIT)利潤率以及營業收入增長,可以對公司增長質量有另一種了解。我們的分析顯示,星展集團控股在過去12個月內的運營收入並未全部來自營業收入,因此我們對其利潤率的分析可能無法準確反映底層業務。星展集團控股在過去一年中保持穩定的EBIT利潤率,同時營業收入增長了10.0%,達到了新幣210億。這是一個真正的積極因素。
You can take a look at the company's revenue and earnings growth trend, in the chart below. To see the actual numbers, click on the chart.
您可以查看下圖中企業的營收和收益增長趨勢。要查看實際數字,請單擊圖表。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240905/0-361ef789c36f562c452676769fcdd2af-0-00e58be275dc4bb4374f9eaa6492e3ce.png/big)
While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for DBS Group Holdings?
雖然我們生活在當下,但毫無疑問未來在投資決策過程中最爲重要。所以不妨查看一下DBS集團控股的未來每股收益估算的互動圖表?
Are DBS Group Holdings Insiders Aligned With All Shareholders?
DBS集團控股內部人員是否與所有股東保持一致?
Owing to the size of DBS Group Holdings, we wouldn't expect insiders to hold a significant proportion of the company. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Indeed, they have a considerable amount of wealth invested in it, currently valued at S$303m. This comes in at 0.3% of shares in the company, which is a fair amount of a business of this size. So despite their percentage holding being low, company management still have plenty of reasons to deliver the best outcomes for investors.
鑑於DBS集團控股的規模,我們不指望內部人員持有公司的大部分股份。但由於他們對公司的投資,令人高興地看到他們仍有動機與股東保持一致的行動。事實上,他們在公司投資了相當可觀的財富,目前價值爲30300萬新加坡元。這相當於公司股份的0.3%,對於這樣規模的企業來說,這是一筆可觀的財富。因此,儘管他們持有的百分比較低,公司管理層仍有充分的理由爲投資者帶來最好的結果。
Is DBS Group Holdings Worth Keeping An Eye On?
DBS集團控股值得關注嗎?
If you believe that share price follows earnings per share you should definitely be delving further into DBS Group Holdings' strong EPS growth. This EPS growth rate is something the company should be proud of, and so it's no surprise that insiders are holding on to a considerable chunk of shares. On the balance of its merits, solid EPS growth and company insiders who are aligned with the shareholders would indicate a business that is worthy of further research. Even so, be aware that DBS Group Holdings is showing 1 warning sign in our investment analysis , you should know about...
如果您相信股價會跟隨每股收益,那麼您應該進一步研究DBS集團控股的強勁每股收益增長。這一每股收益增長率對於公司來說是一項值得驕傲的成績,所以並不奇怪內部人員持有相當大比例的股份。就其優點而言,穩健的每股收益增長以及與股東保持一致的公司內部人員指出了一個值得進一步研究的企業。儘管如此,請注意,DBS集團控股在我們的投資分析中顯示出1個警示信號,您應該了解一下……
Although DBS Group Holdings certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Singaporean companies that not only boast of strong growth but have strong insider backing.
雖然星展集團控股肯定看起來不錯,但如果內部人士在買入股票,可能會吸引更多投資者。如果您喜歡看到更多內部人士參與的公司,那就看看這些新加坡公司的精選組合,它們不僅擁有強勁的增長,而且有強大的內部支持。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。
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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.
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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。