Returns on Capital Paint A Bright Future For Monolithic Power Systems (NASDAQ:MPWR)
Returns on Capital Paint A Bright Future For Monolithic Power Systems (NASDAQ:MPWR)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at the ROCE trend of Monolithic Power Systems (NASDAQ:MPWR) we really liked what we saw.
寻找具有大幅增长潜力的企业并不容易,但如果我们看几个关键的财务指标,这是可能的。首先,我们想找一个正在成长的 返回 关于已用资本(ROCE),然后除此之外,还不断增加 基础 已动用资本的百分比。基本上,这意味着一家公司有可以继续进行再投资的盈利计划,这是复合机的一个特征。因此,当我们查看单片动力系统(纳斯达克股票代码:MPWR)的投资回报率趋势时,我们真的很喜欢我们所看到的。
Return On Capital Employed (ROCE): What Is It?
资本使用回报率(ROCE):这是什么?
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 Monolithic Power Systems:
如果您不确定,可以澄清一下,ROCE是评估公司从投资于其业务的资本中获得多少税前收入(按百分比计算)的指标。分析师使用以下公式来计算单片电源系统的计算值:
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)
0.25 = US$517m ÷ (US$2.3b - US$250m) (Based on the trailing twelve months to September 2023).
0.25 = 5.17 亿美元 ¥(23 亿美元-2.5 亿美元) (基于截至2023年9月的过去十二个月)。
Thus, Monolithic Power Systems has an ROCE of 25%. In absolute terms that's a great return and it's even better than the Semiconductor industry average of 11%.
因此,单片电源系统的投资回报率为25%。从绝对值来看,这是一个不错的回报,甚至比半导体行业11%的平均水平还要好。
View our latest analysis for Monolithic Power Systems
查看我们对单片电源系统的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231211/0-123bcc5b2b062c1ad00955fbb03bdd99-0-b15dc1f8ceaeb70ab91dca021da280a2.png/big)
Above you can see how the current ROCE for Monolithic Power Systems compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Monolithic Power Systems.
在上方你可以看到当前 Monolithic Power Systems 的投资回报率与之前的资本回报率相比如何,但从过去可以看出来只有这么多。如果你想了解分析师对未来的预测,你应该查看我们关于Monolithic Power Systems的免费报告。
What The Trend Of ROCE Can Tell Us
ROCE 的趋势能告诉我们什么
Investors would be pleased with what's happening at Monolithic Power Systems. The data shows that returns on capital have increased substantially over the last five years to 25%. Basically the business is earning more per dollar of capital invested and in addition to that, 207% more capital is being employed now too. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.
投资者会对Monolithic Power Systems发生的事情感到满意。数据显示,在过去五年中,资本回报率已大幅提高至25%。基本上,企业每投资1美元的资本就能获得更多的收入,除此之外,现在使用的资本也增加了207%。这可能表明,内部投资资本的机会很多,而且利率越来越高,这种组合在多元化企业中很常见。
In Conclusion...
总之...
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 Monolithic Power Systems has. Since the stock has returned a staggering 428% 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.
一家不断提高资本回报率并能够持续进行自我再投资的公司是一个备受追捧的特征,而这正是Monolithic Power Systems所具备的特征。由于该股在过去五年中为股东带来了惊人的428%的回报,看来投资者已经意识到了这些变化。因此,我们认为值得您花时间检查这些趋势是否会持续下去。
One more thing to note, we've identified 2 warning signs with Monolithic Power Systems and understanding them should be part of your investment process.
还有一点需要注意,我们已经确定了Monolithic Power Systems的两个警告信号,了解它们应该成为您投资过程的一部分。
High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.
高回报是强劲表现的关键因素,因此请查看我们的免费股本回报率高且资产负债表稳健的股票清单。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。