Many Would Be Envious Of Landstar System's (NASDAQ:LSTR) Excellent Returns On Capital
Many Would Be Envious Of Landstar System's (NASDAQ:LSTR) Excellent Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? 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. Ergo, when we looked at the ROCE trends at Landstar System (NASDAQ:LSTR), we liked what we saw.
我们应该寻找哪些趋势?我们想确定可以长期价值成倍增长的股票?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Landstar System(纳斯达克股票代码:LSTR)的投资回报率趋势时,我们喜欢我们所看到的。
Return On Capital Employed (ROCE): What Is It?
资本使用回报率(ROCE):这是什么?
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Landstar System is:
对于那些不确定ROCE是什么的人来说,它衡量的是公司从业务中使用的资本中可以产生的税前利润。在Landstar系统上,此计算公式为:
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)
0.33 = US$388m ÷ (US$1.9b - US$670m) (Based on the trailing twelve months to September 2023).
0.33 = 3.88 亿美元 ¥(19 亿美元-6.7 亿美元) (基于截至2023年9月的过去十二个月)。
Thus, Landstar System has an ROCE of 33%. That's a fantastic return and not only that, it outpaces the average of 9.1% earned by companies in a similar industry.
因此,Landstar System的投资回报率为33%。这是一个了不起的回报,不仅如此,它还超过了同类行业公司9.1%的平均收入。
Check out our latest analysis for Landstar System
看看我们对 Landstar 系统的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231213/0-932da06048f1c707e71d85b492488dac-0-f166f075a723de84d5abbc9cd6a87108.png/big)
In the above chart we have measured Landstar System's 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 Landstar System.
在上面的图表中,我们对Landstar System之前的投资回报率与之前的表现进行了比较,但可以说,未来更为重要。如果你想了解分析师对未来的预测,你应该查看我们的Landstar System免费报告。
The Trend Of ROCE
ROCE 的趋势
It's hard not to be impressed by Landstar System's returns on capital. Over the past five years, ROCE has remained relatively flat at around 33% and the business has deployed 35% more capital into its operations. Now considering ROCE is an attractive 33%, this combination is actually pretty appealing because it means the business can consistently put money to work and generate these high returns. If Landstar System can keep this up, we'd be very optimistic about its future.
Landstar System的资本回报率很难不给人留下深刻的印象。在过去五年中,投资回报率一直相对持平,约为33%,该业务在运营中部署的资本增加了35%。现在,考虑到投资回报率的吸引力为33%,这种组合实际上非常有吸引力,因为这意味着企业可以持续投入资金并产生高额回报。如果Landstar System能够保持这种状态,我们将对其未来非常乐观。
Our Take On Landstar System's ROCE
我们的看法 Landstar System 的 ROCE
In short, we'd argue Landstar System has the makings of a multi-bagger since its been able to compound its capital at very profitable rates of return. On top of that, the stock has rewarded shareholders with a remarkable 114% return to those who've held over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research.
简而言之,我们认为Landstar System具有多功能的优势,因为它能够以非常有利可图的回报率实现资本复利。最重要的是,该股为在过去五年中持有的股东带来了可观的114%的回报。因此,尽管投资者似乎意识到了这些前景广阔的趋势,但我们仍然认为该股值得进一步研究。
While Landstar System looks impressive, no company is worth an infinite price. The intrinsic value infographic in our free research report helps visualize whether LSTR is currently trading for a fair price.
尽管Landstar System看起来令人印象深刻,但没有一家公司的价值是无限的。我们免费研究报告中的内在价值信息图有助于直观地了解LSTR目前是否以公平的价格进行交易。
If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity.
如果你想搜索更多获得高回报的股票,可以查看这份资产负债表稳健且净资产回报率也很高的股票的免费清单。
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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。