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Rockwell Automation's (NYSE:ROK) Investors Will Be Pleased With Their Notable 92% Return Over the Last Five Years

Rockwell Automation's (NYSE:ROK) Investors Will Be Pleased With Their Notable 92% Return Over the Last Five Years

羅克韋爾自動化(紐約證券交易所代碼:ROK)的投資者將對過去五年92%的顯著回報感到滿意
Simply Wall St ·  05/22 03:41

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 Rockwell Automation, Inc. (NYSE:ROK) share price is up 75% in the last five years, that's less than the market return. Zooming in, the stock is actually down 4.0% in the last year.

如果你買入並持有股票多年,你希望獲利。此外,您通常希望看到股價的上漲速度快於市場。對於股東來說,不幸的是,儘管羅克韋爾自動化公司(紐約證券交易所代碼:ROK)的股價在過去五年中上漲了75%,但仍低於市場回報率。放大,該股去年實際上下跌了4.0%。

Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.

現在也值得一看公司的基本面,因爲這將有助於我們確定長期股東回報是否與基礎業務的表現相匹配。

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.

引用巴菲特的話說:“船隻將在世界各地航行,但Flat Earth Society將蓬勃發展。市場上的價格和價值之間將繼續存在巨大差異...”評估公司情緒變化的一種有缺陷但合理的方法是將每股收益(EPS)與股價進行比較。

Over half a decade, Rockwell Automation managed to grow its earnings per share at 5.3% a year. This EPS growth is lower than the 12% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.

在過去的五年中,羅克韋爾自動化設法將其每股收益增長到每年5.3%。每股收益的增長低於股價平均年增長12%。因此,可以公平地假設市場對該業務的看法比五年前更高。考慮到增長的記錄,這並不令人震驚。

The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).

下圖顯示了 EPS 在一段時間內的跟蹤情況(如果你點擊圖片,你可以看到更多細節)。

earnings-per-share-growth
NYSE:ROK Earnings Per Share Growth May 21st 2024
紐約證券交易所:韓國每股收益增長 2024年5月21日

We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. This free interactive report on Rockwell Automation's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

像我們一樣,內部人士在過去的十二個月中一直在購買股票。話雖如此,大多數人認爲收益和收入增長趨勢是更有意義的業務指南。如果你想進一步調查該股,這份關於羅克韋爾自動化收益、收入和現金流的免費互動報告是一個很好的起點。

What About Dividends?

分紅呢?

As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Rockwell Automation's TSR for the last 5 years was 92%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!

除了衡量股價回報率外,投資者還應考慮股東總回報率(TSR)。股東總回報率是一種回報計算方法,它考慮了現金分紅的價值(假設收到的任何股息都經過再投資)以及任何貼現資本籌集和分拆的計算價值。可以說,股東總回報率更全面地描述了股票產生的回報。碰巧的是,羅克韋爾自動化過去5年的股東總回報率爲92%,超過了前面提到的股價回報率。這在很大程度上是其股息支付的結果!

A Different Perspective

不同的視角

Rockwell Automation shareholders are down 2.2% for the year (even including dividends), but the market itself is up 28%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. On the bright side, long term shareholders have made money, with a gain of 14% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 1 warning sign for Rockwell Automation that you should be aware of.

羅克韋爾自動化股東今年下跌了2.2%(甚至包括股息),但市場本身上漲了28%。但是,請記住,即使是最好的股票有時也會在十二個月內表現不如市場。好的一面是,長期股東賺了錢,在過去的五年中,每年增長14%。如果基本面數據繼續顯示長期可持續增長,那麼當前的拋售可能是一個值得考慮的機會。我發現將長期股價視爲業務績效的代表非常有趣。但是,要真正獲得見解,我們還需要考慮其他信息。例如,我們已經確定了羅克韋爾自動化的一個警告信號,你應該注意這一點。

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

還有許多其他公司有內部人士購買股票。你可能不想錯過這份內部人士正在收購的被低估的小盤股公司的免費清單。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.

請注意,本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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