The Past Three Years for ManpowerGroup (NYSE:MAN) Investors Has Not Been Profitable
The Past Three Years for ManpowerGroup (NYSE:MAN) Investors Has Not Been Profitable
Many investors define successful investing as beating the market average over the long term. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term ManpowerGroup Inc. (NYSE:MAN) shareholders have had that experience, with the share price dropping 38% in three years, versus a market return of about 15%.
许多投资者定义成功的投资是在长期中超过市场平均水平。但几乎可以肯定的是,有时你会购买表现不及市场平均的股票。很遗憾,长期股东开多(NYSE:MAN)股票价格在三年内下跌了38%,而市场回报约为15%。
Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns.
由于股东们长期以来都亏损了,因此让我们回顾过去一段时间的基本面,看看是否一直与收益相一致。
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
引用巴菲特的话顺便说一下,“船只将环游世界,但支持地球平面学会的人将大有可为。 在市场上,价格和价值之间将继续存在巨大的差异...”通过比较EPS和股价变化,我们可以了解到投资者对公司的态度随时间的变化程度。
During the three years that the share price fell, ManpowerGroup's earnings per share (EPS) dropped by 41% each year. In comparison the 15% compound annual share price decline isn't as bad as the EPS drop-off. So the market may not be too worried about the EPS figure, at the moment -- or it may have previously priced some of the drop in. This positive sentiment is also reflected in the generous P/E ratio of 75.78.
在股价下跌的三年中,万宝盛华的每股收益每年下降了41%。与此相比,15%的年复合股价下降并不像EPS的下降那样糟糕。因此,市场目前可能不太担心EPS数据,或者先前已经定价了一部分下跌。这种积极情绪也反映在高达75.78的市盈率上。
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
下面可以看到每股收益随时间的变化情况(通过点击图像来查看确切数值)。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240804/0-745c6a67f209b06a8c7d04c1cf471429-0-c247da92068043f18325cb8291e39927.png/big)
It might be well worthwhile taking a look at our free report on ManpowerGroup's earnings, revenue and cash flow.
看看我们关于万宝盛华的盈利、营业收入和现金流的免费报告是值得的。
What About Dividends?
那么分红怎么样呢?
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of ManpowerGroup, it has a TSR of -31% for the last 3 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence!
在观察投资回报时,重要的是要考虑总股东回报(TSR)和股价回报之间的差异。股价回报仅反映了股价的变化,而TSR包括分红派息的价值(假设它们被再投资),以及任何折价的资本筹集或分拆所带来的好处。对于支付股息的股票来说,TSR给出了更完整的图片。就万宝盛华而言,它在过去3年里的TSR为-31%。这超过了我们先前提到的股价回报。没有人能够赢得分红也是股价走势的主要原因!
A Different Perspective
不同的观点
Investors in ManpowerGroup had a tough year, with a total loss of 1.6% (including dividends), against a market gain of about 19%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 0.6% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. 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. For instance, we've identified 3 warning signs for ManpowerGroup that you should be aware of.
万宝盛华的投资者经历了一个艰难的一年,总亏损为1.6%(包括分红),而市场增长约为19%。然而,要记住即使是最好的股票有时也会在十二个月的时间内跑输市场。不幸的是,去年的表现是一个糟糕阶段的结束,股东在过去五年中每年面临0.6%的总亏损。一般来说,长期股价下跌可能是一个不好的迹象,尽管反向投资者可能希望研究该股票以期望逆转。我发现长期股价是业务表现的一个代理非常有趣。但是,为了真正获得洞察力,我们需要考虑其他信息。例如,我们已经确定了3个警示标志,提醒你注意万宝盛华。
But note: ManpowerGroup may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
但请注意:万宝盛华可能不是最好的买入股票。所以看看这个免费的有历史盈利增长(和进一步增长预测)有趣的公司列表。
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,本文所引述的市场回报反映了目前在美国交易所上市的股票的市场加权平均回报。
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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.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。