Those Who Invested in Capital One Financial (NYSE:COF) Five Years Ago Are up 78%
Those Who Invested in Capital One Financial (NYSE:COF) Five Years Ago Are up 78%
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Capital One Financial Corporation (NYSE:COF) share price is up 63% in the last five years, that's less than the market return. On a brighter note, more newer shareholders are probably rather content with the 24% share price gain over twelve months.
如果你買入並持有股票多年,你希望獲利。更好的是,你希望看到股價的上漲幅度超過市場平均水平。對於股東來說,不幸的是,儘管Capital One Financial Corporation(紐約證券交易所代碼:COF)的股價在過去五年中上漲了63%,但仍低於市場回報率。好消息是,更多的新股東可能對十二個月內24%的股價上漲感到滿意。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
因此,讓我們調查一下,看看公司的長期表現是否與基礎業務的進展一致。
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
不可否認,市場有時是有效的,但價格並不總是能反映潛在的業務表現。考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。
During five years of share price growth, Capital One Financial achieved compound earnings per share (EPS) growth of 0.2% per year. This EPS growth is slower than the share price growth of 10% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth.
在五年的股價增長中,Capital One Financial實現了每年0.2%的複合每股收益(EPS)增長。每股收益的增長低於同期每年10%的股價增長。這表明,如今,市場參與者對公司的重視程度更高。考慮到增長的記錄,這並不令人震驚。
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
該公司的每股收益(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![earnings-per-share-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240226/0-74b02ab972e6fa50bcc78f896ec8dd90-0-99b23b6cbbf586637c8024a8ee308a48.png/big)
We know that Capital One Financial has improved its bottom line over the last three years, but what does the future have in store? This free interactive report on Capital One Financial's balance sheet strength is a great place to start, if you want to investigate the stock further.
我們知道Capital One Financial在過去三年中提高了利潤,但是未來會發生什麼?如果你想進一步調查該股,這份關於Capital One Financial資產負債表實力的免費互動報告是一個很好的起點。
What About Dividends?
分紅呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Capital One Financial's TSR for the last 5 years was 78%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股價回報率外,投資者還應考慮股東總回報率(TSR)。基於股息再投資的假設,股東總回報率納入了任何分拆或貼現資本籌集的價值以及任何股息。可以說,股東總回報率更全面地描述了股票產生的回報。碰巧的是,Capital One Financial在過去5年的股東總回報率爲78%,超過了前面提到的股價回報率。因此,該公司支付的股息提高了 總 股東回報。
A Different Perspective
不同的視角
Capital One Financial shareholders have received returns of 27% over twelve months (even including dividends), which isn't far from the general market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 12%. It is possible that management foresight will bring growth well into the future, even if the share price slows down. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Capital One Financial you should know about.
Capital One Financial的股東在十二個月內獲得了27%的回報(甚至包括股息),這與總體市場回報率相差不遠。大多數人會對收益感到滿意,而今年的回報率實際上好於五年的平均回報率(12%),這很有幫助。即使股價放緩,管理層的遠見也有可能爲未來帶來增長。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,考慮風險。每家公司都有它們,我們已經發現了一個你應該知道的Capital One Financial警告信號。
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
對於那些喜歡尋找中獎投資的人來說,這份最近有內幕收購的成長型公司的免費名單可能只是門票。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。