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At US$251, Is Vulcan Materials Company (NYSE:VMC) Worth Looking At Closely?

At US$251, Is Vulcan Materials Company (NYSE:VMC) Worth Looking At Closely?

在251美元的價格下,火神材料公司(紐交所:VMC)值得仔細關注嗎?
Simply Wall St ·  06/06 19:00

Today we're going to take a look at the well-established Vulcan Materials Company (NYSE:VMC). The company's stock saw significant share price movement during recent months on the NYSE, rising to highs of US$276 and falling to the lows of US$250. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Vulcan Materials' current trading price of US$251 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Vulcan Materials's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

今天我們將看一下成熟的火神材料公司(NYSE:VMC)。該公司的股票在紐約證券交易所最近幾個月經歷了顯著的股價波動,從高點US$276跌至低點US$250。有些股價波動可以爲投資者提供更好的進入股票市場的機會,並可能以更低的價格買入。需要回答的問題是,火神材料的當前交易價格US$251是否反映了該大型公司的實際價值?還是它目前被低估,爲我們提供了購買的機會?讓我們根據最新的財務數據來看看火神材料公司的前景和價值,以確定是否存在引發價格變動的催化劑。

Is Vulcan Materials Still Cheap?

火神材料仍然便宜嗎?

According to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average, the stock currently looks expensive. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Vulcan Materials's ratio of 35.89x is above its peer average of 20.08x, which suggests the stock is trading at a higher price compared to the Basic Materials industry. In addition to this, it seems like Vulcan Materials's share price is quite stable, which could mean two things: firstly, it may take the share price a while to fall back down to an attractive buying range, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta.

根據我們的價格倍數模型,我們將公司的市盈率與行業平均水平進行比較,發現該股票目前看起來過於昂貴。在這種情況下,我們使用市盈率(PE)比率,因爲沒有足夠的信息可靠地預測該股票的現金流。我們發現火神材料的倍率爲35.89倍,高於同行的平均倍率20.08倍,表明該股票的價格相比於基礎材料行業而言高出許多。此外,火神材料的股價似乎相對較穩定,這可能意味着兩件事:首先,股價可能需要一段時間才能回到一個有吸引力的購買區間,其次,一旦達到該值,未來買入的機會可能會更少。這是因爲該股相對於整個市場的貝塔較低,所以波動性更小。

Can we expect growth from Vulcan Materials?

我們可以期待火神材料的增長嗎?

earnings-and-revenue-growth
NYSE:VMC Earnings and Revenue Growth June 6th 2024
紐交所:VMC收益和營收增長2024年6月6日

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 62% over the next couple of years, the future seems bright for Vulcan Materials. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

尋找組合中增長的投資者可能要考慮買入股票之前的公司前景。雖然價值投資者會認爲,相對於價格的內在價值才最重要,但更有說服力的投資論點是,以便宜的價格獲得高增長潛力。預計未來幾年的利潤將增長62%,火神材料的未來看起來很光明。看起來股票的現金流更高,這應反映在更高的股票估值中。

What This Means For You

這對您意味着什麼?

Are you a shareholder? It seems like the market has well and truly priced in VMC's positive outlook, with shares trading above industry price multiples. At this current price, shareholders may be asking a different question – should I sell? If you believe VMC should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

你是股東嗎?似乎市場已經完全將VMC的積極前景定價,股票交易價格高於行業價格倍數。在當前價格下,股東可能會提出不同的問題-我應該賣出嗎?如果您認爲VMC應該低於當前價格,則以高價賣出,並在價格回到行業市盈率水平時重新購買股票可能是有利可圖的。但在作出這個決定之前,請查看其基本面是否發生了變化。

Are you a potential investor? If you've been keeping tabs on VMC for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the optimistic prospect is encouraging for VMC, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.

你是一位潛在投資者嗎?如果您一直在關注VMC,現在可能不是進入股市的最佳時機。價格已經超過了同行業的水平,這意味着可能不會再出現錯價。然而,VMC的樂觀前景令人鼓舞,這意味着有必要深入了解其他因素,以便利用下一次價格下跌的機會。

With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Case in point: We've spotted 2 warning signs for Vulcan Materials you should be aware of.

因此,在我們沒有全面了解風險之前,我們不會考慮投資股票。以點爲例:我們已發現兩個有關火神材料的警示信號,您應該了解。

If you are no longer interested in Vulcan Materials, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

如果您對火神材料不再感興趣,您可以使用我們的免費平台查看我們的股票列表,其中超過50個股票具有高增長潛力。

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.

對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

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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