Returns At Century Communities (NYSE:CCS) Are On The Way Up
Returns At Century Communities (NYSE:CCS) Are On The Way Up
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. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. With that in mind, we've noticed some promising trends at Century Communities (NYSE:CCS) so let's look a bit deeper.
如果你不确定在寻找下一个多袋子时从哪里开始,有几个关键的趋势你应该密切关注。首先,我们想要确定一个不断增长的退货在已使用资本(ROCE)上,然后在此基础上,不断增加基地已动用资本的比例。这向我们表明,它是一台复合机器,能够不断地将其收益再投资于企业,并产生更高的回报。考虑到这一点,我们在以下方面注意到一些有希望的趋势世纪社区(纽约证券交易所股票代码:CCS),让我们更深入地了解一下。
Return On Capital Employed (ROCE): What Is It?
资本回报率(ROCE):它是什么?
For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Century Communities:
对于那些不知道的人来说,ROCE是一家公司的年度税前利润(其回报)相对于业务资本的衡量标准。分析师使用以下公式来计算世纪社区的价格:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
已动用资本回报率=息税前收益(EBIT)?(总资产-流动负债)
0.12 = US$408m ÷ (US$3.9b - US$466m) (Based on the trailing twelve months to June 2023).
0.12=4.08亿美元?(39亿-4.66亿美元)(根据截至2023年6月的往绩12个月计算)。
Therefore, Century Communities has an ROCE of 12%. In absolute terms, that's a pretty normal return, and it's somewhat close to the Consumer Durables industry average of 15%.
所以呢,世纪社区的净资产收益率为12%。按绝对值计算,这是一个相当正常的回报率,而且有点接近耐用消费品行业15%的平均水平。
See our latest analysis for Century Communities
查看我们对世纪社区的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231019/0-f05596ed74a894475e908050dc18b05b-0-c0adc96fa50faae9935169f5f4821915.png/big)
In the above chart we have measured Century Communities' 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 report for Century Communities.
在上面的图表中,我们比较了世纪社区之前的净资产收益率和之前的表现,但可以说,未来更重要。如果您想查看分析师对未来的预测,您应该查看我们的免费世纪社区的报道。
So How Is Century Communities' ROCE Trending?
那么世纪社区的ROCE趋势如何呢?
We like the trends that we're seeing from Century Communities. Over the last five years, returns on capital employed have risen substantially to 12%. The amount of capital employed has increased too, by 87%. The increasing returns on a growing amount of capital is common amongst multi-baggers and that's why we're impressed.
我们喜欢从世纪社区看到的趋势。过去五年,已动用资本回报率大幅上升至12%。资本使用量也有所增加,增长了87%。越来越多的资本带来越来越多的回报,这在多头投资者中很常见,这就是为什么我们对此印象深刻。
The Bottom Line On Century Communities' ROCE
世纪社区ROCE的底线
In summary, it's great to see that Century Communities can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. And a remarkable 203% total return over the last five years tells us that investors are expecting more good things to come in the future. 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.
总而言之,很高兴看到世纪社区能够通过持续不断地以不断提高的回报率进行资本再投资来实现复合回报,因为这些都是那些备受追捧的多重投资的关键因素。过去五年203%的惊人总回报率告诉我们,投资者期待未来会有更多好事发生。因此,鉴于该股已证明其趋势看好,有必要对该公司进行进一步研究,看看这些趋势是否可能持续下去。
On a separate note, we've found 1 warning sign for Century Communities you'll probably want to know about.
另外,我们发现世纪社区的1个警示标志你可能会想知道。
While Century Communities may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
尽管世纪社区目前的回报率可能不是最高的,但我们已经编制了一份目前股本回报率超过25%的公司名单。看看这个免费在这里列出。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。