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Loma Negra Compañía Industrial Argentina Sociedad Anónima's (NYSE:LOMA) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Loma Negra Compañía Industrial Argentina Sociedad Anónima's (NYSE:LOMA) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

阿根廷洛馬內格拉工業公司(紐約證券交易所代碼:LOMA)的股票勢頭強勁:這是否需要對其財務前景進行更深入的研究?
Simply Wall St ·  04/09 18:24

Most readers would already be aware that Loma Negra Compañía Industrial Argentina Sociedad Anónima's (NYSE:LOMA) stock increased significantly by 16% over the past week. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Loma Negra Compañía Industrial Argentina Sociedad Anónima's ROE today.

大多數讀者已經意識到,阿根廷洛馬內格拉工業公司(紐約證券交易所代碼:LOMA)的股票在過去一週大幅上漲了16%。我們想知道公司的財務狀況在價格變動中是否起着什麼作用,因爲公司的長期基本面通常決定市場業績。特別是,我們將關注阿根廷洛馬內格拉工業公司今天的投資回報率。

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 other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.

投資回報率或股本回報率是評估公司如何有效地從股東那裏獲得投資回報的有用工具。換句話說,它是衡量公司股東提供的資本回報率的盈利比率。

How To Calculate Return On Equity?

如何計算股本回報率?

The formula for ROE is:

ROE 的公式是:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

股本回報率 = 淨利潤(來自持續經營業務)÷ 股東權益

So, based on the above formula, the ROE for Loma Negra Compañía Industrial Argentina Sociedad Anónima is:

因此,根據上述公式,阿根廷洛馬內格拉工業公司安諾?$#@$投資回報率爲:

3.3% = AR$9.7b ÷ AR$294b (Based on the trailing twelve months to December 2023).

3.3% = 97億澳元 ÷ 294億澳元(基於截至2023年12月的過去十二個月)。

The 'return' refers to a company's earnings over the last year. That means that for every $1 worth of shareholders' equity, the company generated $0.03 in profit.

“回報” 是指公司去年的收益。這意味着,每持有價值1美元的股東權益,該公司就會產生0.03美元的利潤。

What Is The Relationship Between ROE And Earnings Growth?

投資回報率與收益增長之間有什麼關係?

We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. 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.

我們已經確定,投資回報率是衡量公司未來收益的有效盈利指標。現在,我們需要評估公司再投資或 “保留” 了多少利潤以用於未來的增長,從而使我們對公司的增長潛力有所了解。一般而言,在其他條件相同的情況下,股本回報率和利潤留存率高的公司的增長率要高於不具有這些屬性的公司。

Loma Negra Compañía Industrial Argentina Sociedad Anónima's Earnings Growth And 3.3% ROE

阿根廷洛馬內格拉工業公司的收益增長和3.3%的投資回報率

It is hard to argue that Loma Negra Compañía Industrial Argentina Sociedad Anónima's ROE is much good in and of itself. Not just that, even compared to the industry average of 14%, the company's ROE is entirely unremarkable. Loma Negra Compañía Industrial Argentina Sociedad Anónima was still able to see a decent net income growth of 18% over the past five years. We believe that there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.

很難說阿根廷洛馬內格拉工業公司的投資回報率本身就相當不錯。不僅如此,即使與行業平均水平的14%相比,該公司的投資回報率也完全不引人注目。在過去五年中,阿根廷洛馬內格拉工業公司仍然能夠實現18%的不錯的淨收入增長。我們認爲,可能還有其他方面對公司的收益增長產生積極影響。例如——高收益留存率或實行高效管理。

As a next step, we compared Loma Negra Compañía Industrial Argentina Sociedad Anónima's net income growth with the industry and found that the company has a similar growth figure when compared with the industry average growth rate of 18% in the same period.

下一步,我們將阿根廷洛馬內格拉工業公司的淨收入增長與該行業的淨收入增長進行了比較,發現與同期18%的行業平均增長率相比,該公司的增長數字相似。

past-earnings-growth
NYSE:LOMA Past Earnings Growth April 9th 2024
紐約證券交易所:LOMA 過去的收益增長 2024 年 4 月 9 日

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). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Loma Negra Compañía Industrial Argentina Sociedad Anónima's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

收益增長是對股票進行估值時要考慮的重要指標。對於投資者來說,重要的是要知道市場是否對公司的預期收益增長(或下降)進行了定價。這樣做將幫助他們確定股票的未來是樂觀還是不祥的。如果你想知道阿根廷洛馬內格拉工業公司的估值,可以看看這份衡量其市盈率與行業對比的指標。

Is Loma Negra Compañía Industrial Argentina Sociedad Anónima Using Its Retained Earnings Effectively?

阿根廷洛馬內格拉工業公司是否在有效使用其留存收益?

Loma Negra Compañía Industrial Argentina Sociedad Anónima has a healthy combination of a moderate three-year median payout ratio of 36% (or a retention ratio of 64%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits.

Loma Negra Companía阿根廷工業協會的三年派息率中位數爲36%(或64%的留存率),以及可觀的收益增長,如上所示,這意味着該公司一直在有效利用其利潤,這是一個健康的組合。

Moreover, Loma Negra Compañía Industrial Argentina Sociedad Anónima is determined to keep sharing its profits with shareholders which we infer from its long history of four years of paying a dividend. Existing analyst estimates suggest that the company's future payout ratio is expected to drop to 16% over the next three years. The fact that the company's ROE is expected to rise to 17% over the same period is explained by the drop in the payout ratio.

此外,阿根廷洛馬內格拉工業公司決心繼續與股東分享利潤,這是我們從其支付股息四年的漫長曆史中推斷出來的。現有的分析師估計表明,該公司未來的派息率預計將在未來三年降至16%。該公司的投資回報率預計將在同期上升至17%,這一事實可以用派息率的下降來解釋。

Summary

摘要

Overall, we feel that Loma Negra Compañía Industrial Argentina Sociedad Anónima certainly does have some positive factors to consider. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. You can see the 2 risks we have identified for Loma Negra Compañía Industrial Argentina Sociedad Anónima by visiting our risks dashboard for free on our platform here.

總的來說,我們認爲,阿根廷洛馬內格拉工業公司確實有一些積極因素需要考慮。儘管投資回報率很低,但由於再投資率很高,該公司的收益實現了可觀的增長。雖然我們不會完全解散公司,但我們要做的是努力確定業務的風險,以便在公司周圍做出更明智的決定。您可以訪問我們的 Loma Negra Companíia Industrial Argentiad Ano'nima,查看我們爲阿根廷工業協會確定的兩種風險 風險儀表板 在我們的平台上免費使用。

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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