Investors Bid PAR Technology (NYSE:PAR) up US$107m Despite Increasing Losses YoY, Taking Five-year CAGR to 12%
Investors Bid PAR Technology (NYSE:PAR) up US$107m Despite Increasing Losses YoY, Taking Five-year CAGR to 12%
If you want to compound wealth in the stock market, you can do so by buying an index fund. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the PAR Technology Corporation (NYSE:PAR) share price is 78% higher than it was five years ago, which is more than the market average. It's fair to say the stock has continued its long term trend in the last year, over which it has risen 38%.
如果你想在股票市场上增加财富,你可以通过购买指数基金来实现。但事实是,如果你以合适的价格购买高质量的企业,你可以获得可观的收益。例如,PAR科技公司(纽约证券交易所代码:PAR)的股价比五年前高出78%,高于市场平均水平。可以公平地说,该股在去年延续了长期走势,上涨了38%。
Since the stock has added US$107m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
由于该股仅在过去一周就增加了1.07亿美元的市值,让我们看看基础表现是否推动了长期回报。
Check out our latest analysis for PAR Technology
查看我们对 PAR 技术的最新分析
PAR Technology wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
PAR Technology在过去十二个月中没有盈利,我们不太可能看到其股价与每股收益(EPS)之间存在很强的相关性。可以说,收入是我们的下一个最佳选择。一般而言,没有利润的公司预计每年收入将增长,而且速度很快。一些公司愿意推迟盈利以更快地增加收入,但在这种情况下,人们确实预计收入会有良好的增长。
For the last half decade, PAR Technology can boast revenue growth at a rate of 18% per year. That's well above most pre-profit companies. It's good to see that the stock has 12%, but not entirely surprising given revenue shows strong growth. If you think there could be more growth to come, now might be the time to take a close look at PAR Technology. Of course, you'll have to research the business more fully to figure out if this is an attractive opportunity.
在过去的五年中,PAR Technology可以以每年18%的速度实现收入增长。这远高于大多数盈利前公司。很高兴看到该股上涨了12%,但鉴于收入显示出强劲的增长,这并不完全令人惊讶。如果你认为未来可能会有更多的增长,那么现在可能是仔细研究PAR Technology的时候了。当然,你必须对业务进行更全面的研究,以确定这是否是一个有吸引力的机会。
You can see how earnings and revenue have 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收入和收入随时间推移而发生的变化(点击图表查看确切值)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240119/0-8fd7566727ea880a16bddb0954ef4781-0-5820e6447c427baa595d32caee885d7c.png/big)
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. So we recommend checking out this free report showing consensus forecasts
我们很高兴地向大家报告,首席执行官的薪酬比资本状况相似的公司的大多数首席执行官更适中。始终值得关注首席执行官的薪酬,但更重要的问题是公司多年来是否会增加收益。因此,我们建议您查看这份显示共识预测的免费报告
What About The Total Shareholder Return (TSR)?
那么股东总回报(TSR)呢?
Investors should note that there's a difference between PAR Technology's total shareholder return (TSR) and its share price change, which we've covered above. The TSR attempts to capture the value of dividends (as if they were reinvested) as well as any spin-offs or discounted capital raisings offered to shareholders. PAR Technology hasn't been paying dividends, but its TSR of 80% exceeds its share price return of 78%, implying it has either spun-off a business, or raised capital at a discount; thereby providing additional value to shareholders.
投资者应注意,PAR Technology的股东总回报率(TSR)与其股价变动之间存在差异,我们在上面已经介绍了这一点。股东总回报率试图捕捉股息(就好像它们被再投资一样)以及向股东提供的任何分拆或折扣资本筹集的价值。PAR Technology尚未派发股息,但其80%的股东回报率超过了78%的股价回报率,这意味着它要么分拆了业务,要么以折扣价筹集了资金;从而为股东提供了额外价值。
A Different Perspective
不同的视角
We're pleased to report that PAR Technology shareholders have received a total shareholder return of 38% over one year. That's better than the annualised return of 12% over half a decade, implying that the company is doing better recently. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand PAR Technology better, we need to consider many other factors. For example, we've discovered 3 warning signs for PAR Technology that you should be aware of before investing here.
我们很高兴地向大家报告,PAR Technology的股东在一年内获得了38%的总股东回报率。这比五年来12%的年化回报率要好,这意味着该公司最近的表现更好。持乐观态度的人可能会将最近股东总回报率的改善视为业务本身随着时间的推移而变得更好。长期跟踪股价表现总是很有意思的。但是,为了更好地理解 PAR 技术,我们需要考虑许多其他因素。例如,我们发现了PAR Technology的3个警告信号,在投资之前,您应该注意这些信号。
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
如果你想与管理层一起购买股票,那么你可能会喜欢这份免费的公司名单。(提示:业内人士一直在购买它们)。
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。
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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。