Returns Are Gaining Momentum At Addus HomeCare (NASDAQ:ADUS)
Returns Are Gaining Momentum At Addus HomeCare (NASDAQ:ADUS)
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Speaking of which, we noticed some great changes in Addus HomeCare's (NASDAQ:ADUS) returns on capital, so let's have a look.
我们应该寻找哪些早期趋势来确定一只可能长期价值成倍增长的股票?理想情况下,企业将表现出两种趋势;首先是增长 返回 论资本使用率(ROCE),其次是增加 金额 所用资本的比例。归根结底,这表明这是一家以不断提高的回报率对利润进行再投资的企业。说到这里,我们注意到Addus HomeCare(纳斯达克股票代码:ADUS)的资本回报率发生了一些重大变化,所以让我们来看看吧。
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 Addus HomeCare:
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Addus HomeCare的金额:
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)
0.099 = US$88m ÷ (US$1.0b - US$140m) (Based on the trailing twelve months to September 2023).
0.099 = 8,800 万美元 ¥(10 亿美元-1.4 亿美元) (基于截至2023年9月的过去十二个月)。
Thus, Addus HomeCare has an ROCE of 9.9%. Even though it's in line with the industry average of 10.0%, it's still a low return by itself.
因此,Addus HomeCare的投资回报率为9.9%。尽管它与行业平均水平的10.0%一致,但其本身的回报率仍然很低。
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240225/0-7d33a57126acf6957d68ee0284086118-0-30f08c7da20ba148196a972927d1cc1b.png/big)
In the above chart we have measured Addus HomeCare'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 analyst report for Addus HomeCare .
在上图中,我们将Addus HomeCare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。如果您想了解分析师对未来的预测,则应查看我们的Addus HomeCare免费分析师报告。
How Are Returns Trending?
退货趋势如何?
Even though ROCE is still low in absolute terms, it's good to see it's heading in the right direction. The data shows that returns on capital have increased substantially over the last five years to 9.9%. The amount of capital employed has increased too, by 143%. So we're very much inspired by what we're seeing at Addus HomeCare thanks to its ability to profitably reinvest capital.
尽管投资回报率的绝对值仍然很低,但很高兴看到它正朝着正确的方向前进。数据显示,在过去五年中,资本回报率大幅上升至9.9%。使用的资本金额也增加了143%。因此,我们在Addus HomeCare看到的情况给我们带来了极大的启发,这要归功于它能够盈利地进行资本再投资。
The Bottom Line
底线
To sum it up, Addus HomeCare has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Considering the stock has delivered 34% to its stockholders over the last five years, it may be fair to think that investors aren't fully aware of the promising trends yet. So exploring more about this stock could uncover a good opportunity, if the valuation and other metrics stack up.
总而言之,Addus HomeCare已经证明它可以对业务进行再投资,并从所使用的资本中获得更高的回报,这太棒了。考虑到该股在过去五年中已为股东带来了34%的收益,可以公平地认为,投资者尚未完全意识到前景的趋势。因此,如果估值和其他指标相提并论,进一步探索这只股票可能会发现一个很好的机会。
Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our FREE intrinsic value estimation for ADUS that compares the share price and estimated value.
但是,在得出任何结论之前,我们需要知道当前股价将获得什么价值。在这里,您可以查看我们对ADUS的免费内在价值估算,该估算值比较了股价和估计价值。
If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.
如果你想寻找收益丰厚的稳健公司,可以免费查看这份资产负债表良好且股本回报率可观的公司名单。
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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。