Investors Will Want Arcos Dorados Holdings' (NYSE:ARCO) Growth In ROCE To Persist
Investors Will Want Arcos Dorados Holdings' (NYSE:ARCO) Growth In ROCE To Persist
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount 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. So on that note, Arcos Dorados Holdings (NYSE:ARCO) looks quite promising in regards to its trends of return on capital.
你知道有一些財務指標可以提供潛在多倍收益股的線索嗎? 除了其他因素,我們想看到兩點;首先是資本使用回報率(ROCE)的增長,其次是公司使用的資本量的擴張。 基本上,這意味着公司有可持續的盈利舉措,可以繼續再投資,這是複利機器的特徵。 因此,談到這一點,arcos dorados控股公司(紐交所:ARCO)在資本回報率的趨勢上看起來相當有前景。
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。
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Arcos Dorados Holdings:
對於那些不確定ROCE是什麼的人,它衡量了一個公司從其業務中使用的資本生成的稅前利潤。 分析師使用這個公式來計算arcos dorados控股公司的ROCE:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
資本利用率 = 利息和稅前利潤(EBIT) ÷ (總資產 - 流動負債)
0.14 = US$305m ÷ (US$3.0b - US$803m) (Based on the trailing twelve months to September 2024).
0.14 = US$30500萬 ÷ (US$30億 - US$803m) (基於截至2024年9月的過去十二個月數據)。
So, Arcos Dorados Holdings has an ROCE of 14%. On its own, that's a standard return, however it's much better than the 8.7% generated by the Hospitality industry.
因此,arcos dorados控股公司的ROCE爲14%。 單獨來看,這是一項標準回報,但它比旅遊業產生的8.7%要好得多。
In the above chart we have measured Arcos Dorados Holdings' 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 Arcos Dorados Holdings for free.
在上面的圖表中,我們測量了arcos dorados Holdings之前的ROCE與其之前的表現,但未來可能更重要。如果您願意,可以免費查看覆蓋arcos dorados Holdings的分析師的預測。
So How Is Arcos Dorados Holdings' ROCE Trending?
那麼arcos dorados Holdings的ROCE趨勢如何?
Arcos Dorados Holdings' ROCE growth is quite impressive. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 72% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. It's worth looking deeper into this though because while it's great that the business is more efficient, it might also mean that going forward the areas to invest internally for the organic growth are lacking.
arcos dorados Holdings的ROCE增長相當令人印象深刻。更具體地說,雖然公司在過去五年中保持了相對平穩的資本使用,但ROCE在同一時間內增長了72%。基本上,這家企業從同樣金額的資本中獲得了更高的回報,這證明公司效率有所提高。然而,深入了解這一點是值得的,因爲雖然企業效率更高,但這也可能意味着未來內部投資有機增長的領域缺乏。
What We Can Learn From Arcos Dorados Holdings' ROCE
我們可以從arcos dorados Holdings的ROCE中學到什麼
In summary, we're delighted to see that Arcos Dorados Holdings has been able to increase efficiencies and earn higher rates of return on the same amount of capital. Investors may not be impressed by the favorable underlying trends yet because over the last five years the stock has only returned 32% to shareholders. So with that in mind, we think the stock deserves further research.
總而言之,我們高興地看到arcos dorados Holdings能夠提高效率,並在相同金額的資本上獲得更高的回報率。投資者可能尚未對這些有利的基本趨勢感到印象深刻,因爲在過去五年中,股票僅爲股東帶來了32%的回報。因此考慮到這一點,我們認爲該股票值得進一步研究。
Like most companies, Arcos Dorados Holdings does come with some risks, and we've found 2 warning signs that you should be aware of.
像大多數公司一樣,arcos dorados Holdings確實存在一些風險,我們發現有兩個警告信號,您應該注意。
While Arcos Dorados Holdings isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.
雖然arcos dorados Holdings的回報並不是最高的,但請查看這份提供高回報和穩健的資產負債表的公司的免費列表。
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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?請直接與我們聯繫。或者,發送電子郵件至editorial-team @ simplywallst.com。
Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。