Investors in Ameren (NYSE:AEE) Have Seen Favorable Returns of 32% Over the Past Five Years
Investors in Ameren (NYSE:AEE) Have Seen Favorable Returns of 32% Over the Past Five Years
If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see the share price rise faster than the market. Unfortunately for shareholders, while the Ameren Corporation (NYSE:AEE) share price is up 15% in the last five years, that's less than the market return. Looking at the last year alone, the stock is up 13%.
如果您多年持有一只股票,您希望能够获利。此外,您一般希望看到股价上涨速度快于市场。令股东遗憾的是,虽然阿曼瑞恩公司(纽交所:AEE)股价在过去五年上涨了15%,但低于市场回报。仅看过去一年,该股上涨了13%。
So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.
那么,让我们调查一下并查看公司的长期表现是否符合基本业务的进展。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
尽管市场是一个强大的价格机制,但股票价格反映的不仅是潜在业务绩效,还反映了投资者的情绪。 了解市场情绪随时间的变化的一种方法是查看公司的股价与每股收益(EPS)之间的互动。
Over half a decade, Ameren managed to grow its earnings per share at 6.2% a year. This EPS growth is higher than the 3% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock.
在半个多世纪的时间里,阿曼瑞恩设法以每年6.2%的速度增长其每股收益。这一每股收益增长高于股价每年平均增长3%。因此,可以得出更广泛市场已经对这支股票变得更加谨慎的结论。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下图显示了EPS随时间的变化情况(如果您单击该图像,则可以查看更多详细信息)。
Dive deeper into Ameren's key metrics by checking this interactive graph of Ameren's earnings, revenue and cash flow.
通过查看阿曼瑞恩收入、营业收入和现金流的互动图表,深入了解阿曼瑞恩的关键指标。
What About Dividends?
那么分红怎么样呢?
As well as measuring the share price return, investors should also consider the total shareholder return (TSR). 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. We note that for Ameren the TSR over the last 5 years was 32%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return.
除了衡量股价回报外,投资者还应考虑总股东回报(TSR)。 股价回报仅反映股价的变化,TSR则包括分红派息的价值(假设分红派息已被再投资)和任何折价的增资或剥离的利益。 可以说,TSR提供了一种更全面的关于一只股票所产生回报的图景。 我们注意到,阿曼瑞恩过去5年的TSR为32%,优于上述股价回报。 公司支付的分红派息因此提高了总股东回报。
A Different Perspective
不同的观点
Ameren provided a TSR of 17% over the last twelve months. But that was short of the market average. On the bright side, that's still a gain, and it's actually better than the average return of 6% over half a decade It is possible that returns will improve along with the business fundamentals. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Ameren is showing 2 warning signs in our investment analysis , and 1 of those is significant...
阿曼瑞恩在过去十二个月内提供了17%的TSR。 但这低于市场平均水平。 但值得一提的是,这仍然是一种收益,并且实际上比过去半个世纪的6%的平均回报更好。 可能随着业务基本面的改善,回报将会提高。 尽管值得考虑市场条件对股价的影响,但还有其他更重要的因素。 尽管如此,请注意,根据我们的投资分析,阿曼瑞恩显示出了2个警示信号,其中1个信号非常显著...
We will like Ameren better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying.
如果我们看到一些大幅内部买入,我们会更喜欢阿曼瑞恩。在等待期间,请查看这份免费的低估股票名单(主要是小市值股票),其中包括相当多的最近内部买入。
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。