Is Now The Time To Look At Buying Masco Corporation (NYSE:MAS)?
Is Now The Time To Look At Buying Masco Corporation (NYSE:MAS)?
Today we're going to take a look at the well-established Masco Corporation (NYSE:MAS). The company's stock received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$85.71 at one point, and dropping to the lows of US$76.17. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Masco's current trading price of US$78.76 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Masco's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
今天我們將來看看歷史悠久的馬斯科公司(紐交所:MAS)。這家公司的股票在過去幾個月內因在紐交所的較大價格波動而受到廣泛關注,曾一度飆升至85.71美元,然後回落至76.17美元的低點。一些股票價格的波動可以爲投資者提供更好的機會,以較低的價格進入市場。需要回答的問題是,馬斯科當前的交易價格78.76美元是否反映了這家大盤股的實際價值?或者說它目前被低估,爲我們提供了買入的機會?讓我們基於最近的財務數據來看看馬斯科的前景和價值,看看是否存在價格變化的催化因素。
What's The Opportunity In Masco?
馬斯科的機會是什麼?
The stock seems fairly valued at the moment according to our valuation model. It's trading around 1.1% below our intrinsic value, which means if you buy Masco today, you'd be paying a reasonable price for it. And if you believe the company's true value is $79.65, then there's not much of an upside to gain from mispricing. So, is there another chance to buy low in the future? Given that Masco's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us an opportunity to buy later on. This is based on its high beta, which is a good indicator for share price volatility.
根據我們的估值模型,目前股票的估值似乎相對合理。它的交易價格約低於我們內在價值的1.1%,這意味着如果你今天買入馬斯科,你將以合理的價格購買。如果你認爲公司的真實價值爲79.65美元,那麼從錯誤定價中獲得的上漲空間不大。那麼,將來是否還有機會低買?考慮到馬斯科的股票相對波動性較大(即,其價格波動相對於市場其他部分放大),這可能意味着價格會進一步下跌,爲我們提供了將來的買入機會。這基於它的高貝塔,作爲股票價格波動性的一個良好指標。
What kind of growth will Masco generate?
馬斯科將產生什麼樣的增長?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Masco's earnings over the next few years are expected to increase by 30%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
希望在投資組合中實現增長的投資者可能希望在購買其股票之前考慮公司的前景。儘管價值投資者會爭辯說,影響最大的因素是內在價值與價格之間的關係,但更有說服力的投資論點是以便宜的價格擁有高增長潛力。馬斯科未來幾年的收益預計將增長30%,顯示出非常樂觀的前景。這應會導致更強勁的現金流,進而推動股票價值的提高。
What This Means For You
這對你意味着什麼
Are you a shareholder? MAS's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?
您是股東嗎?馬斯科的樂觀未來增長似乎已經反映在當前的股票價格中,股票交易價格接近其合理價值。然而,還有其他一些重要因素我們今天沒有考慮,例如公司的財務實力。自上次您查看股票以來,這些因素有變化嗎?如果價格波動低於真實價值,您會有足夠的信心進行買入嗎?
Are you a potential investor? If you've been keeping tabs on MAS, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
您是一位潛在投資者嗎?如果您一直在關注馬斯科,現在可能不是買入的最佳時機,因爲其交易價格接近合理價值。然而,樂觀的前景對公司是一個鼓勵,這意味着值得進一步考察其他因素,例如其資產負債表的強度,以便在下次價格下跌時抓住機會。
With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. At Simply Wall St, we found 1 warning sign for Masco and we think they deserve your attention.
考慮到這一點,我們不會考慮投資於某隻股票,除非我們對風險有透徹的理解。在Simply Wall ST,我們發現馬斯科有一個警告信號,我們認爲這個信號值得您關注。
If you are no longer interested in Masco, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再對馬斯科感興趣,您可以使用我們的免費平台查看我們超過50只具有高增長潛力的其他股票列表。
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。