The Trade Desk, Inc.'s (NASDAQ:TTD) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
The Trade Desk, Inc.'s (NASDAQ:TTD) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
With its stock down 10% over the past month, it is easy to disregard Trade Desk (NASDAQ:TTD). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study Trade Desk's ROE in this article.
在过去一个月里,Trade Desk(纳斯达克:TTD)的股票下跌了10%。但如果你仔细观察,你可能会发现它良好的财务状况意味着该股票在长期内可能会看到价值的增长,因为市场通常会奖励财务健康的公司。具体来说,我们决定在这篇文章中研究Trade Desk的ROE。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
净资产收益率(ROE)是一项测试,旨在评估公司如何有效地增长其价值并管理投资者资金。换句话说,它是一个盈利能力比率,衡量由公司股东提供的资本的回报率。
How Do You Calculate Return On Equity?
如何计算股本回报率?
The formula for ROE is:
roe的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股东权益回报率 = 净利润(来自持续运营)÷ 股东权益
So, based on the above formula, the ROE for Trade Desk is:
因此,根据上述公式,交易桌ROE为:
12% = US$308m ÷ US$2.6b (Based on the trailing twelve months to September 2024).
12% = 美元30800万 ÷ 美元26亿(基于2024年9月的过去十二个月)。
The 'return' is the yearly profit. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.12.
'回报'是指年度利润。因此,这意味着对于股东每投资1美元,公司就会产生0.12美元的利润。
What Has ROE Got To Do With Earnings Growth?
roe与盈利增长有何关系?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
我们已经确定,ROE作为公司未来收益的有效利润产生指标。根据公司再投资或“保留”这些利润的程度,以及其效率,我们能够评估公司的收益增长潜力。一般来说,在其他条件相同的情况下,具备高股东权益回报率和利润留存的公司,其增长率通常高于不具备这些特征的公司。
Trade Desk's Earnings Growth And 12% ROE
交易台的收益增长和12%的ROE
To start with, Trade Desk's ROE looks acceptable. Further, the company's ROE is similar to the industry average of 12%. Consequently, this likely laid the ground for the decent growth of 6.7% seen over the past five years by Trade Desk.
首先,交易台的ROE看起来还算可以。此外,该公司的ROE与行业平均水平12%相似。因此,这可能为交易台在过去五年中6.7%的良好增长奠定了基础。
We then compared Trade Desk's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 5.1% in the same 5-year period.
然后我们将交易台的净利润增长与行业进行了比较,我们很高兴地看到,公司的增长数字在与行业的比较中更高,而行业在同一五年期间的增长率为5.1%。
The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Trade Desk's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
对公司的估值基础在很大程度上与其盈利增长相关。了解市场是否已经考虑了公司的预期盈利增长(或下降)对投资者而言非常重要。这样做有助于他们判断该股票未来的前景是乐观还是悲观。 如果你想了解Trade Desk的估值,可以查看其市盈率与行业的比较。
Is Trade Desk Efficiently Re-investing Its Profits?
Trade Desk是否有效地再投资其利润?
Trade Desk doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the decent earnings growth number that we discussed above.
Trade Desk当前不支付任何定期分红,这基本上意味着它将所有利润再投资于业务。这确实有助于我们上面讨论的可观的盈利增长数字。
Conclusion
结论
Overall, we are quite pleased with Trade Desk's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
总体而言,我们对Trade Desk的表现感到相当满意。特别是,看到公司在业务上大量投资以及高回报率,导致其盈利大幅增长,这真是令人高兴。 尽管如此,最新的行业分析师预测显示,公司的盈利预计将加速增长。 要了解有关公司未来盈利增长的更多预测,请查看这份关于公司分析师预测的免费报告,以获取更多信息。
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