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Cal-Maine Foods (NASDAQ:CALM) Could Become A Multi-Bagger

Cal-Maine Foods (NASDAQ:CALM) Could Become A Multi-Bagger

Cal-Maine Foods (納斯達克:CALM) 可能會成爲一個多倍收益的投資。
Simply Wall St ·  12/11 06:07

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. And in light of that, the trends we're seeing at Cal-Maine Foods' (NASDAQ:CALM) look very promising so lets take a look.

如果你不確定在尋找下一個倍增股時從哪裏開始,有一些關鍵趨勢你應該關注。理想情況下,一家企業會顯示出兩個趨勢;首先是資本回報率(ROCE)的增長,其次是投入資本的增加。最終,這表明這是一個以不斷提高的回報率再投資利潤的企業。考慮到這一點,我們看到的Cal-Maine Foods(納斯達克:CALM)的趨勢看起來非常有前景,所以讓我們來看看。

Return On Capital Employed (ROCE): What Is It?

資本回報率(ROCE):它是什麼?

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 Cal-Maine Foods, this is the formula:

如果你之前沒有使用過ROCE,它衡量的是公司從其投入的資本中產生的「回報」(稅前利潤)。要計算Cal-Maine Foods的這個指標,公式是:

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)

0.25 = US$506m ÷ (US$2.4b - US$325m) (Based on the trailing twelve months to August 2024).

0.25 = US$50600萬 ÷ (US$24億 - US$325m)(基於截至2024年8月的過去十二個月數據)。

Thus, Cal-Maine Foods has an ROCE of 25%. That's a fantastic return and not only that, it outpaces the average of 11% earned by companies in a similar industry.

因此,Cal-Maine Foods的ROCE爲25%。這是一個很棒的回報,不僅如此,它超過了類似行業公司平均11%的回報。

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NasdaqGS:CALM Return on Capital Employed December 11th 2024
NasdaqGS:CALM 資本回報率 2024年12月11日

In the above chart we have measured Cal-Maine Foods' 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 Cal-Maine Foods .

在上面的圖表中,我們測量了Cal-Maine Foods之前的資本回報率與其過去的表現,但未來無疑更加重要。如果您想查看分析師對未來的預測,您應該查看我們爲Cal-Maine Foods提供的免費分析師報告。

How Are Returns Trending?

回報率的趨勢如何?

We're delighted to see that Cal-Maine Foods is reaping rewards from its investments and is now generating some pre-tax profits. Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 25% on its capital. And unsurprisingly, like most companies trying to break into the black, Cal-Maine Foods is utilizing 102% more capital than it was five years ago. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, both common traits of a multi-bagger.

我們很高興看到Cal-Maine Foods從投資中獲得回報,並且現在正在產生一些稅前利潤。股東們無疑會對此感到高興,因爲五年前這家企業處於虧損狀態,但現在的資本回報率達到了25%。並且不出所料,像大多數試圖扭虧爲盈的公司一樣,Cal-Maine Foods現在所使用的資本比五年前多了102%。這可能表明內部投資資本的機會豐富,並且以更高的利率回報,這是多袋股票的共同特徵。

The Bottom Line

總結

To the delight of most shareholders, Cal-Maine Foods has now broken into profitability. Since the stock has returned a staggering 181% to shareholders over the last five years, it looks like investors are recognizing these changes. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.

令大多數股東高興的是,Cal-Maine Foods現在已實現盈利。由於股票在過去五年中給股東帶來了驚人的181%的回報,投資者似乎正在認同這些變化。因此,鑑於該股票證明了其具有良好的發展趨勢,值得進一步研究該公司,以查看這些趨勢是否可能持續。

On a final note, we found 2 warning signs for Cal-Maine Foods (1 shouldn't be ignored) you should be aware of.

最後,我們發現了Cal-Maine Foods的兩個警告信號(一個不應被忽視),您應該注意。

If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity.

如果你想尋找更多高回報的股票,可以查看這份免費列表,這些股票的資產負債表穩健,同時股本回報率也很高。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

對本文有反饋?對內容有疑慮?請直接與我們聯繫。或者,發送電子郵件至 editorial-team (at) simplywallst.com。
這篇來自Simply Wall St的文章是一般性的。我們根據歷史數據和分析師預測提供評論,採用無偏見的方法,我們的文章並不旨在提供財務建議。它不構成對任何股票的買入或賣出建議,也未考慮到您的目標或財務狀況。我們旨在爲您提供以基本數據驅動的長期分析。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在提到的任何股票中均沒有持倉。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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