Those Who Invested in Copa Holdings (NYSE:CPA) Three Years Ago Are up 28%
Those Who Invested in Copa Holdings (NYSE:CPA) Three Years Ago Are up 28%
By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual stocks, you could make more than that. For example, Copa Holdings, S.A. (NYSE:CPA) shareholders have seen the share price rise 20% over three years, well in excess of the market return (14%, not including dividends).
通过购买指数基金,您可以轻松地与市场回报大致相同。但是,如果您选择了正确的个股,您可能赚得更多。例如,Copa Holdings, S.A.(纽交所股票代码: CPA)股东在三年内看到股价上涨了20%,远远超过市场回报(14%,不包括分红派息)。
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
鉴于此,值得看看该公司的基本面是否一直是长期业绩的驱动因素,或者是否存在一些不一致之处。
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...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.
引用巴菲特的话说,“船只会在世界各地航行,但是持平地球学会会蓬勃发展。在市场上,价格和价值之间将继续存在巨大的差距……”评估公司周围情绪变化的一种有缺陷但合理的方法是将每股收益(EPS)与股价进行比较。
During three years of share price growth, Copa Holdings moved from a loss to profitability. That would generally be considered a positive, so we'd expect the share price to be up.
在股价增长的三年期间,Copa Holdings从亏损转为盈利。这通常被认为是一个积极的信号,所以我们预计股价会上涨。
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)。
![1724589697697](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240825/42835931-0-7ea38615ceb9caed263defb5fe41cfb2.webp/bigjpg)
We know that Copa Holdings has improved its bottom line over the last three years, but what does the future have in store? It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
我们知道科帕控股在过去三年里改善了其底线,但未来会怎样呢?免费报告上对其财务状况的变化进行了详细分析,值得一看。
What About Dividends?
那么分红怎么样呢?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. 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. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Copa Holdings' TSR for the last 3 years was 28%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!
重要考虑股东总回报和股价回报。股价回报仅反映股价变动,而TSR包括分红的价值(假设再投资)以及任何折扣资本筹集或剥离的利益。可以说,TSR能更全面地展现股票带来的回报。事实上,科帕控股过去3年的TSR为28%,超过先前提到的股价回报。这在很大程度上是其分红支付的结果!
A Different Perspective
不同的观点
Investors in Copa Holdings had a tough year, with a total loss of 3.0% (including dividends), against a market gain of about 28%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 0.8% over the last half decade. 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. It's always interesting to track share price performance over the longer term. But to understand Copa Holdings better, we need to consider many other factors. For example, we've discovered 2 warning signs for Copa Holdings that you should be aware of before investing here.
科帕控股的投资者经历了艰难的一年,总共亏损了3.0%(包括分红),而市场涨幅约为28%。即使好股票的股价有时也会下跌,但我们希望在对一家企业的基本指标出现改善之前不要过于感兴趣。不幸的是,去年的表现可能暗示着未解决的挑战,因为它比过去半个世纪的年化亏损0.8%还要糟糕。一般而言,长期股价走弱可能是一个不好的迹象,尽管逆向投资者可能希望研究该股的希望出现扭转。长期跟踪股价表现总是很有趣。但要更好地理解科帕控股,我们需要考虑许多其他因素。例如,我们已发现科帕控股存在两个警示信号,投资前应该注意。
Of course Copa Holdings may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
当然,科帕控股可能不是最佳的股票购买选择。因此,您可能希望查看这些免费的成长股票收藏。
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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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。