Conagra Brands (NYSE:CAG) Is Doing The Right Things To Multiply Its Share Price
Conagra Brands (NYSE:CAG) Is Doing The Right Things To Multiply Its Share Price
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So on that note, Conagra Brands (NYSE:CAG) looks quite promising in regards to its trends of return on capital.
要找到一只多袋股票,我们应该在企业中寻找哪些潜在趋势?在一个完美的世界中,我们希望看到一家公司向其业务投入更多资本,理想情况下,从这些资本中获得的回报也在增加。简而言之,这些类型的企业是复合机器,这意味着他们不断以更高的回报率对收益进行再投资。因此,从这个角度来看,康纳格拉品牌(纽约证券交易所代码:CAG)的资本回报率趋势看起来相当乐观。
Understanding Return On Capital Employed (ROCE)
了解资本使用回报率 (ROCE)
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. Analysts use this formula to calculate it for Conagra Brands:
对于那些不确定ROCE是什么的人,它衡量的是公司从其业务中使用的资本中可以产生的税前利润金额。分析师使用这个公式来计算康纳格拉品牌的价格:
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)
0.10 = US$1.9b ÷ (US$22b - US$3.8b) (Based on the trailing twelve months to November 2023).
0.10 = 19亿美元 ÷(220亿美元-38亿美元) (基于截至 2023 年 11 月的过去十二个月)。
Therefore, Conagra Brands has an ROCE of 10%. By itself that's a normal return on capital and it's in line with the industry's average returns of 10%.
因此,康纳格拉品牌的投资回报率为10%。这本身就是正常的资本回报率,与该行业10%的平均回报率一致。
Check out our latest analysis for Conagra Brands
查看我们对康纳格拉品牌的最新分析
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240122/0-be89be11baa44171bce99b40d3aff0d6-0-89633e77a1c44192c058fdba0006b701.png/big)
Above you can see how the current ROCE for Conagra Brands 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 Conagra Brands.
上面你可以看到康纳格拉品牌当前的投资回报率与其先前的资本回报率相比如何,但从过去可以看出来的只有那么多。如果你想了解分析师对未来的预测,你应该查看我们的康纳格拉品牌免费报告。
What Does the ROCE Trend For Conagra Brands Tell Us?
康纳格拉品牌的ROCE趋势告诉我们什么?
Conagra Brands is showing promise given that its ROCE is trending up and to the right. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 66% in that same time. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. The company is doing well in that sense, and it's worth investigating what the management team has planned for long term growth prospects.
鉴于其投资回报率呈上升趋势,康纳格拉品牌表现出希望。更具体地说,尽管该公司在过去五年中一直保持相对平稳的资本使用率,但同期投资回报率增长了66%。基本上,该业务正在从相同数量的资本中获得更高的回报,这证明了公司的效率有所提高。从这个意义上讲,该公司表现良好,值得研究管理团队对长期增长前景的计划。
The Key Takeaway
关键要点
As discussed above, Conagra Brands appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. And investors seem to expect more of this going forward, since the stock has rewarded shareholders with a 59% return over the last five years. 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.
如上所述,康纳格拉品牌似乎越来越擅长创造回报,因为资本利用率保持不变,但收益(不计利息和税收)有所增加。投资者似乎对未来有更多期望,因为该股在过去五年中为股东提供了59%的回报。因此,鉴于该股已证明其趋势令人鼓舞,值得进一步研究该公司,看看这些趋势是否可能持续下去。
If you'd like to know more about Conagra Brands, we've spotted 3 warning signs, and 1 of them is a bit concerning.
如果你想进一步了解康纳格拉品牌,我们发现了3个警告信号,其中一个有点令人担忧。
While Conagra Brands isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.
尽管康纳格拉品牌的回报率并不高,但请查看这份免费的股票回报率高、资产负债表稳健的公司名单。
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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提供基于历史数据和分析师预测的评论,我们的文章并非旨在提供财务建议。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,我们的分析可能不会考虑最新的价格敏感型公司公告或定性材料。华尔街只是没有持有上述任何股票的头寸。