PTC (NASDAQ:PTC) Is Doing The Right Things To Multiply Its Share Price
PTC (NASDAQ:PTC) Is Doing The Right Things To Multiply Its Share Price
There are a few key trends to look for if we want to identify the next 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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So on that note, PTC (NASDAQ:PTC) looks quite promising in regards to its trends of return on capital.
如果我們想識別下一個大盈利股,需要關注幾個關鍵趨勢。其中,我們希望看到兩點;首先,是資本使用回報率(ROCE)的增長,其次,是公司資本使用量的擴張。如果你看到這些,通常意味着這是一個商業模式優秀、擁有大量盈利再投資機會的公司。基於這一點,PTC(納斯達克:PTC)在資本回報趨勢方面看起來相當有前景。
Return On Capital Employed (ROCE): What Is It?
資本回報率(ROCE):它是什麼?
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for PTC:
爲了澄清,如果你不確定,ROCE是評估公司在其業務中投資資本賺取多少稅前收入(按百分比計算)的指標。分析師使用這個公式來計算PTC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)
0.13 = US$591m ÷ (US$6.4b - US$1.7b) (Based on the trailing twelve months to September 2024).
0.13 = US$59100萬 ÷ (US$64億 - US$1.7b)(基於截至2024年9月的過去十二個月)。
Therefore, PTC has an ROCE of 13%. On its own, that's a standard return, however it's much better than the 8.8% generated by the Software industry.
因此,PTC的ROCE爲13%。單獨來看,這是一項標準的回報,但遠好於軟件行業產生的8.8%。

In the above chart we have measured PTC's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for PTC .
在上述圖表中,我們將PTC之前的資本回報率與其先前的表現進行了比較,但未來的重要性或許更高。如果你感興趣,可以查看我們關於PTC的免費分析師報告中的預測。
So How Is PTC's ROCE Trending?
那麼PTC的資本回報率趨勢如何?
PTC is displaying some positive trends. Over the last five years, returns on capital employed have risen substantially to 13%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 133%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
PTC展示了一些積極的趨勢。在過去五年中,資本使用回報率大幅上升至13%。公司每使用一美元資本所獲得的利潤有效增加,值得注意的是,資本的數量也增加了133%。在資本不斷增長的情況下回報上升在多倍收益股中很常見,這也是我們感到印象深刻的原因。
Our Take On PTC's ROCE
我們對PTC資本回報率的看法
A company that is growing its returns on capital and can consistently reinvest in itself is a highly sought after trait, and that's what PTC has. Since the stock has returned a staggering 165% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue.
一家能夠持續增長資本回報率並且能夠不斷自我再投資的公司是一個非常受歡迎的特徵,而PTC正是具備這樣的特徵。因爲該股在過去五年中給股東帶來了驚人的165%的回報,看起來投資者意識到了這些變化。因此,我們認爲值得你花時間去檢查這些趨勢是否會繼續。
If you'd like to know about the risks facing PTC, we've discovered 1 warning sign that you should be aware of.
如果你想了解PTC面臨的風險,我們發現了一個你應該注意的警告信號。
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
如果您想尋找具有良好收益的穩健公司,可以查看這份擁有良好資產負債表和令人印象深刻的股本回報率的免費公司列表。
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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。