PPL (NYSE:PPL) Investors Are Sitting on a Loss of 2.9% If They Invested Five Years Ago
PPL (NYSE:PPL) Investors Are Sitting on a Loss of 2.9% If They Invested Five Years Ago
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term PPL Corporation (NYSE:PPL) shareholders for doubting their decision to hold, with the stock down 23% over a half decade.
為了證明挑選個股的努力是合理的,值得努力超越市場指數基金的回報。但幾乎可以肯定的是,每個投資者都會同時擁有表現優異和表現不佳的股票。所以我們不會責怪長期PPL公司(紐約證券交易所股票代碼:PPL)股東對他們持有股票的決定表示懷疑,該股在五年內下跌了23%。
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.
因此,讓我們來看看該公司的長期業績是否與基礎業務的進展一致。
See our latest analysis for PPL
查看我們對PPL的最新分析
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
用巴菲特的話說,“船隻將在世界各地航行,但平坦的地球協會將蓬勃發展。市場上的價格和價值之間將繼續存在巨大的差異……”評估圍繞一家公司的情緒變化的一個有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。
Looking back five years, both PPL's share price and EPS declined; the latter at a rate of 14% per year. This fall in the EPS is worse than the 5% compound annual share price fall. So the market may previously have expected a drop, or else it expects the situation will improve.
回顧五年,PPL的股價和每股收益都在下降;後者以每年14%的速度下降。每股收益的這一跌幅比5%的復合年度股價跌幅更糟糕。因此,市場此前可能預計會下跌,否則預計情況會有所改善。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了EPS是如何隨著時間的推移進行跟蹤的(如果您點擊該圖像,您可以看到更多詳細資訊)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231016/0-1e702881c9b07270f0d7ea9ffa556056-0-aea1c1a13ee317b379e5917e952a8589.png/big)
This free interactive report on PPL's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.
這免費如果你想進一步調查PPL的股票,那麼關於PPL的收益、收入和現金流的互動報告是一個很好的起點。
What About Dividends?
那股息呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, PPL's TSR for the last 5 years was -2.9%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
重要的是要考慮任何給定股票的總股東回報以及股價回報。雖然股價回報只反映股價的變動,但TSR包括股息的價值(假設股息再投資),以及任何折價集資或分拆所帶來的利益。公平地說,TSR為支付股息的股票提供了更完整的圖景。碰巧的是,PPL最近5年的TSR為-2.9%,超過了前面提到的股價回報。這在很大程度上是其股息支付的結果!
A Different Perspective
不同的視角
PPL shareholders gained a total return of 1.0% during the year. But that was short of the market average. But at least that's still a gain! Over five years the TSR has been a reduction of 0.6% per year, over five years. So this might be a sign the business has turned its fortunes around. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for PPL you should know about.
PPL股東在年內的總回報率為1.0%。但這低於市場平均水準。但至少這仍然是一種收穫!五年來,TSR以每年0.6%的速度遞減。因此,這可能是該公司扭虧為盈的跡象。雖然值得考慮市場狀況對股價可能產生的不同影響,但還有其他更重要的因素。例如,考慮一下風險。每家公司都有它們,我們已經發現PPL的2個警告標誌你應該知道。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些想要找到贏得投資這免費最近有內幕收購的不斷增長的公司名單可能就是合適的選擇。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報.
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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.
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫.或者,也可以給編輯組發電子郵件,地址是暗示Wallst.com。
本文由Simply Wall St.撰寫,具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.