Will Weakness in Option Care Health, Inc.'s (NASDAQ:OPCH) Stock Prove Temporary Given Strong Fundamentals?
Will Weakness in Option Care Health, Inc.'s (NASDAQ:OPCH) Stock Prove Temporary Given Strong Fundamentals?
With its stock down 3.9% over the past three months, it is easy to disregard Option Care Health (NASDAQ:OPCH). 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. Particularly, we will be paying attention to Option Care Health's ROE today.
在过去三个月中，其股价下跌了3.9％，很容易忽视Option Care Health（纳斯达克股票代码：OPCH）。但是，如果你密切关注，你可能会发现，鉴于市场通常会奖励财务状况良好的公司，其强劲的财务状况可能意味着该股的长期价值可能会增加。特别是，我们今天将关注Option Care Health的投资回报率。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
投资回报率或股本回报率是评估公司如何有效地从股东那里获得投资回报的有用工具。简而言之，它衡量公司相对于股东权益的盈利能力。
How Do You Calculate Return On Equity?
你如何计算股本回报率？
The formula for return on equity is:
股本回报率的公式是：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率 = 净利润（来自持续经营业务）÷ 股东权益
So, based on the above formula, the ROE for Option Care Health is:
因此，根据上述公式，Option Care Health 的投资回报率为：
19% = US$267m ÷ US$1.4b (Based on the trailing twelve months to December 2023).
19% = 2.67亿美元 ÷ 14亿美元（基于截至2023年12月的过去十二个月）。
The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.19 in profit.
“回报” 是每年的利润。另一种思考方式是，每持有价值1美元的股权，该公司就能获得0.19美元的利润。
What Is The Relationship Between ROE And Earnings Growth?
投资回报率与收益增长之间有什么关系？
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前为止，我们已经了解到，投资回报率衡量的是公司创造利润的效率。根据公司选择将多少利润进行再投资或 “保留”，我们便能够评估公司未来创造利润的能力。假设其他一切保持不变，那么与不一定具有这些特征的公司相比，投资回报率和利润保留率越高，公司的增长率就越高。
A Side By Side comparison of Option Care Health's Earnings Growth And 19% ROE
Option Care Health 的收益增长和 19% 的投资回报率的并排比较
At first glance, Option Care Health seems to have a decent ROE. On comparing with the average industry ROE of 12% the company's ROE looks pretty remarkable. This probably laid the ground for Option Care Health's significant 64% net income growth seen over the past five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
乍一看，Option Care Health的投资回报率似乎不错。与12％的行业平均投资回报率相比，该公司的投资回报率看起来相当可观。这可能为Option Care Health在过去五年中实现64％的显著净收入增长奠定了基础。我们认为，可能还有其他方面对公司的收益增长产生积极影响。例如，公司的管理层可能做出了一些良好的战略决策，或者公司的派息率很低。
Next, on comparing with the industry net income growth, we found that Option Care Health's growth is quite high when compared to the industry average growth of 5.5% in the same period, which is great to see.
接下来，与行业净收入增长相比，我们发现，与同期行业平均增长5.5％相比，Option Care Health的增长相当高，这真是太好了。
Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. What is OPCH worth today? The intrinsic value infographic in our free research report helps visualize whether OPCH is currently mispriced by the market.
收益增长是对股票进行估值时要考虑的重要指标。对于投资者来说，重要的是要知道市场是否对公司的预期收益增长（或下降）进行了定价。通过这样做，他们将知道股票是走向清澈的蓝色海水还是沼泽水域在等着呢。OPCH 今天的价值是多少？我们的免费研究报告中的内在价值信息图有助于可视化OPCH目前是否被市场定价错误。
Is Option Care Health Using Its Retained Earnings Effectively?
Option Care Health 能否有效使用其留存收益？
Given that Option Care Health doesn't pay any dividend to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.
鉴于Option Care Health不向其股东支付任何股息，我们推断该公司一直在将其所有利润再投资以发展其业务。
Summary
摘要
On the whole, we feel that Option Care Health's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. With that said, on studying the latest analyst forecasts, we found that while the company has seen growth in its past earnings, analysts expect its future earnings to shrink. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总的来说，我们认为Option Care Health的表现相当不错。特别是，我们喜欢该公司对其业务进行大量再投资，而且回报率很高。毫不奇怪，这带来了令人印象深刻的收益增长。话虽如此，在研究最新的分析师预测时，我们发现，尽管该公司过去的收益有所增长，但分析师预计其未来收益将萎缩。要详细了解分析师对公司的最新预测，请查看该公司的分析师预测的可视化。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论，我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议，也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意，我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之，华尔街没有持有任何上述股票的头寸。
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