Is There Now An Opportunity In Crocs, Inc. (NASDAQ:CROX)?
Is There Now An Opportunity In Crocs, Inc. (NASDAQ:CROX)?
While Crocs, Inc. (NASDAQ:CROX) might not have the largest market cap around , it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. The recent share price gains has brought the company back closer to its yearly peak. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Let's examine Crocs's valuation and outlook in more detail to determine if there's still a bargain opportunity.
儘管卡駱馳股份公司（納斯達克股票代碼：CROX）的市值不是很大，但在過去幾個月內，它在納斯達克股票交易所上獲得了很多關注並且股價大幅上漲。最近的股價上漲使得該公司的股價回到了年內的峯值附近。有許多分析師正在關注這家中等市值的公司，我們可能已經預計到它的股市價格仍然具有敏感性。但是，如果仍然存在購買的機會，讓我們更詳細地研究一下卡駱馳的估值和前景，以確定是否仍然存在一次交易便宜貨的機會。
Is Crocs Still Cheap?
卡駱馳仍然便宜嗎？
Great news for investors – Crocs is still trading at a fairly cheap price according to our price multiple model, where we compare the company's price-to-earnings ratio to the industry average. 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 Crocs's ratio of 11.53x is below its peer average of 18.76x, which indicates the stock is trading at a lower price compared to the Luxury industry. Although, there may be another chance to buy again in the future. This is because Crocs's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
對於投資者來說，卡駱馳交易的價格基於我們的多重價格模型仍然相對便宜，其中我們將公司的市盈率與行業平均值進行比較。在這個實例中，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。我們發現卡駱馳的比率爲11.53x，低於同行業平均值18.76x，這表明該股票價格相對於奢侈品行業較低。儘管將來可能會再次發現買入的機會。這是因爲卡駱馳的貝塔（股價波動的度量）較高，這意味着它的股價波動相對於市場的其餘部分會被誇大。如果市場看淡，公司的股價可能會比市場其餘部分下跌得更多，提供了一個很好的買入機會。
What does the future of Crocs look like?
卡駱馳的未來如何？
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 a double-digit 12% over the next couple of years, the outlook is positive for Crocs. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
尋求投資組合增長的投資者可能要考慮在購買股票之前，考慮公司前景。雖然價值投資者會認爲相對於價格的內在價值最重要，但一個更有吸引力的投資概念將是以便宜的價格獲得高增長潛力。由於預計在未來幾年內盈利將增長兩位數12％，卡駱馳的前景是積極的。這意味着該股票的現金流增加，可以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? Since CROX is currently below the industry PE ratio, it may be a great time to accumulate more of your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current price multiple.
您是股東嗎？由於CROX當前低於行業市盈率，現在可能是在股票中積累更多持股的好時機。由於展望樂觀，這意味着該增長尚未完全反映在股價中。但是也需要考慮其他因素，例如財務狀況，這可能解釋了當前的價格倍數。
Are you a potential investor? If you've been keeping an eye on CROX for a while, now might be the time to enter the stock. Its buoyant future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy CROX. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed assessment.
您是潛在的投資者嗎？如果您一直在關注CROX，現在可能是進入該股票的時候。它的未來利潤前景並未完全反映在當前的股價中，這意味着現在購買CROX並不遲。但在做出任何投資決策之前，請考慮其他因素，例如管理團隊的業績記錄，以做出明智的評估。
So while earnings quality is important, it's equally important to consider the risks facing Crocs at this point in time. While conducting our analysis, we found that Crocs has 2 warning signs and it would be unwise to ignore these.
因此，儘管盈利質量很重要，但在這個時候考慮卡駱馳面臨的風險也同樣重要。在進行分析時，我們發現卡駱馳存在2個警示信號，忽視這些信號是不明智的。
If you are no longer interested in Crocs, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再對卡駱馳感興趣，您可以使用我們的免費平台查看另外50多個高增長潛力股票的列表。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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@simplywallst.com。
譯文內容由第三人軟體翻譯。