Is The Interpublic Group of Companies, Inc.'s (NYSE:IPG) Stock's Recent Performance A Reflection Of Its Financial Health?
Is The Interpublic Group of Companies, Inc.'s (NYSE:IPG) Stock's Recent Performance A Reflection Of Its Financial Health?
Interpublic Group of Companies' (NYSE:IPG) stock up by 2.3% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. In this article, we decided to focus on Interpublic Group of Companies' ROE.
Interpublic Group of Companies公司（纽约证券交易所代码：IPG）的股票在过去一个月中上涨了2.3％。鉴于从长远来看，市场会奖励强劲的财务状况，我们想知道在这种情况下是否如此。在本文中，我们决定重点关注Interpublic Group of Companies的投资回报率。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.
股本回报率或投资回报率是股东需要考虑的重要因素，因为它可以告诉他们资本再投资的有效性。换句话说，它揭示了公司成功地将股东投资转化为利润。
How Is ROE Calculated?
ROE 是如何计算的？
ROE can be calculated by using the formula:
ROE 可以通过以下公式计算：
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 Interpublic Group of Companies is:
因此，根据上述公式，Interpublic Group of Companies的投资回报率为：
28% = US$1.1b ÷ US$3.9b (Based on the trailing twelve months to March 2024).
28% = 11亿美元 ÷ 39亿美元（基于截至2024年3月的过去十二个月）。
The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.28 in profit.
“申报表” 是过去十二个月的税后收入金额。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0.28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？
So far, we've learned that ROE is a measure of a company's profitability. 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 all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
到目前为止，我们已经了解到，投资回报率是衡量公司盈利能力的指标。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。假设其他条件都一样，与功能不相同的公司相比，具有更高股本回报率和更高利润保留率的公司通常具有更高的增长率。
A Side By Side comparison of Interpublic Group of Companies' Earnings Growth And 28% ROE
Interpublic Group of Companies的收益增长和28％的投资回报率的并排比较
To begin with, Interpublic Group of Companies has a pretty high ROE which is interesting. Second, a comparison with the average ROE reported by the industry of 14% also doesn't go unnoticed by us. Probably as a result of this, Interpublic Group of Companies was able to see a decent net income growth of 14% over the last five years.
首先，Interpublic Group of Companies的投资回报率相当高，这很有趣。其次，与该行业报告的平均投资回报率为14％的比较也不会被我们忽视。可能是由于这个原因，Interpublic 集团公司在过去五年中得以实现14％的不错的净收入增长。
We then compared Interpublic Group of Companies' 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 10% in the same 5-year period.
然后，我们将Interpublic Group of Companies的净收入增长与该行业进行了比较，我们很高兴地看到，该公司的增长数字比同期同期增长率为10％的行业更高。
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. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Interpublic Group of Companies is trading on a high P/E or a low P/E, relative to its industry.
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。衡量预期收益增长的一个很好的指标是市盈率，它根据收益前景决定了市场愿意为股票支付的价格。因此，您可能需要检查Interpublic Group of Companies相对于其行业是高市盈率还是低市盈率。
Is Interpublic Group of Companies Using Its Retained Earnings Effectively?
Interpublic 集团公司是否有效使用其留存收益？
With a three-year median payout ratio of 48% (implying that the company retains 52% of its profits), it seems that Interpublic Group of Companies is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.
Interpublic Group of Companies的三年派息率中位数为48％（这意味着该公司保留了52％的利润），看来正在进行有效的再投资，其收益将实现可观的增长，并支付可观的股息。
Moreover, Interpublic Group of Companies is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 48%. Accordingly, forecasts suggest that Interpublic Group of Companies' future ROE will be 26% which is again, similar to the current ROE.
此外，Interpublic Group of Companies决心继续与股东分享利润，这是我们从其支付股息的长期历史中推断出来的。根据分析师的最新估计，我们发现该公司未来三年的派息率预计将稳定在48％。因此，预测表明，Interpublic Group of Companies的未来投资回报率将为26％，与当前的投资回报率相似。
Conclusion
结论
Overall, we are quite pleased with Interpublic Group of Companies' 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. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总体而言，我们对Interpublic Group of Companies的表现非常满意。特别是，很高兴看到该公司正在对其业务进行大量投资，再加上高回报率，这为其收益带来了可观的增长。话虽如此，正如分析师目前的估计所预测的那样，该公司的收益增长预计将放缓。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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