Kronos Worldwide (NYSE:KRO Shareholders Incur Further Losses as Stock Declines 7.5% This Week, Taking Five-year Losses to 41%
Kronos Worldwide (NYSE:KRO Shareholders Incur Further Losses as Stock Declines 7.5% This Week, Taking Five-year Losses to 41%
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to find enough winners to more than offset the losers At this point some shareholders may be questioning their investment in Kronos Worldwide, Inc. (NYSE:KRO), since the last five years saw the share price fall 56%. We also note that the stock has performed poorly over the last year, with the share price down 31%. Furthermore, it's down 30% in about a quarter. That's not much fun for holders.
对许多人来说,投资的主要目的是创造比整体市场更高的回报。但主要的游戏是找到足够多的赢家来抵消输家在这一点上一些股东可能会质疑他们对克罗诺斯全球公司(纽约证券交易所代码:KRO),自过去五年以来,股价下跌了56%。我们还注意到,该股在过去一年表现不佳,股价下跌了31%。此外,它在大约四分之一的时间里下跌了30%。对于持有者来说,这并不是什么乐趣。
After losing 7.5% this past week, it's worth investigating the company's fundamentals to see what we can infer from past performance.
在过去一周下跌7.5%之后,有必要调查一下该公司的基本面,看看我们可以从过去的表现中推断出什么。
Check out our latest analysis for Kronos Worldwide
查看我们对Kronos Worldwide的最新分析
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
在他的文章中格雷厄姆和多德斯维尔的超级投资者沃伦·巴菲特描述了股价并不总是理性地反映一家企业的价值。通过比较每股收益(EPS)和股价随时间的变化,我们可以感受到投资者对一家公司的态度随着时间的推移发生了怎样的变化。
In the last half decade Kronos Worldwide saw its share price fall as its EPS declined below zero. At present it's hard to make valid comparisons between EPS and the share price. However, we can say we'd expect to see a falling share price in this scenario.
在过去的五年里,Kronos Worldwide的股价下跌,每股收益降至零以下。目前,很难将每股收益与股价进行有效的比较。然而,我们可以说,在这种情况下,我们预计会看到股价下跌。
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
您可以在下图中看到EPS是如何随着时间的推移而变化的(单击图表可查看精确值)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231026/0-70f0611cbfe592e771789f153b304188-0-ee1f1237453b1f69a12199173d05b22d.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. It might be well worthwhile taking a look at our free report on Kronos Worldwide's earnings, revenue and cash flow.
我们很高兴地报告,这位首席执行官的薪酬比类似资本公司的大多数首席执行官都要低。但是,尽管CEO的薪酬总是值得检查的,但真正重要的问题是,公司能否在未来实现收益增长。也许很值得一看我们的免费Kronos Worldwide的收益、收入和现金流报告。
What About Dividends?
那股息呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Kronos Worldwide's TSR for the last 5 years was -41%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return.
在考察投资回报时,重要的是要考虑到股东总回报(TSR)和股价回报。TSR包括任何剥离或贴现融资的价值,以及任何股息,基于股息再投资的假设。因此,对于支付丰厚股息的公司来说,TSR往往比股价回报高得多。碰巧的是,Kronos Worldwide过去5年的TSR为-41%,超过了前面提到的股价回报率。该公司支付的股息因此提振了总计股东回报。
A Different Perspective
不同的视角
Investors in Kronos Worldwide had a tough year, with a total loss of 25% (including dividends), against a market gain of about 9.9%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 7% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. It's always interesting to track share price performance over the longer term. But to understand Kronos Worldwide better, we need to consider many other factors. For example, we've discovered 2 warning signs for Kronos Worldwide that you should be aware of before investing here.
Kronos Worldwide的投资者经历了艰难的一年,总亏损25%(包括股息),而市场收益约为9.9%。即使是好股票的股价有时也会下跌,但我们希望在对企业产生太大兴趣之前,看到企业的基本指标有所改善。不幸的是,去年的表现可能预示着尚未解决的挑战,因为它比过去五年7%的年化损失更糟糕。我们意识到,罗斯柴尔德男爵曾说过,投资者应该“在街上血淋淋的时候买入”,但我们警告投资者,首先应该确保他们购买的是一家高质量的企业。跟踪股价的长期表现总是很有趣的。但为了更好地了解Kronos Worldwide,我们需要考虑许多其他因素。例如,我们发现Kronos Worldwide的2个警告信号在这里投资之前你应该意识到这一点。
Of course Kronos Worldwide may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然了Kronos Worldwide可能不是最值得买入的股票。所以你可能想看看这个免费成长型股票的集合。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
请注意,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
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.
对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
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。