Is John B. Sanfilippo & Son, Inc.'s (NASDAQ:JBSS) Latest Stock Performance A Reflection Of Its Financial Health?
Is John B. Sanfilippo & Son, Inc.'s (NASDAQ:JBSS) Latest Stock Performance A Reflection Of Its Financial Health?
John B. Sanfilippo & Son (NASDAQ:JBSS) has had a great run on the share market with its stock up by a significant 5.7% over the last week. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. Specifically, we decided to study John B. Sanfilippo & Son's ROE in this article.
約翰·B·桑菲派普與兒子(納斯達克:JBSS)股票在股市上運行良好,上週上漲了顯着的5.7%。由於市場通常爲公司的長期基本面支付,因此我們決定研究公司的關鍵業績指標,以查看它們是否可能影響市場。具體而言,我們決定在本文中研究John b. Sanfilippo&Son的ROE。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股東權益回報率(roe)是一種關鍵指標,用於評估公司管理層如何有效利用公司資本。更簡單地說,它衡量了公司相對股東權益的盈利能力。
How To Calculate Return On Equity?
如何計算股東權益報酬率?
Return on equity can be calculated by using the formula:
股東權益報酬率可以使用以下公式計算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
淨資產收益率 = 淨利潤(從持續經營中獲得)÷ 股東權益
So, based on the above formula, the ROE for John B. Sanfilippo & Son is:
所以,基於上述公式,John b. Sanfilippo&兒子的ROE是:
20% = US$65m ÷ US$322m (Based on the trailing twelve months to March 2024).
20%= 6500萬美元÷ 32200萬美元(基於截至2024年3月的過去十二個月)。
The 'return' is the amount earned after tax over the last twelve months. That means that for every $1 worth of shareholders' equity, the company generated $0.20 in profit.
“回報”是指過去十二個月內稅後賺取的金額。這意味着,對於每1美元的股東權益,公司產生了0.20美元的利潤。
What Is The Relationship Between ROE And Earnings Growth?
既然我們已經確定ROE是一種有效的利潤生成標準,用於評估公司未來的盈利能力,我們現在需要評估公司“保留”爲未來增長而重新投資的利潤多少,這使我們對公司的增長潛力有了一個了解。一般而言,在其他條件相等的情況下,ROE和利潤留存高的公司,增長率比沒有這些屬性的公司要高。
So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前爲止,我們已經了解了roe是公司盈利能力的一種衡量標準。根據公司重新投資或“保留”的利潤數量和效率,我們可以評估公司的盈利增長潛力。假設其他所有因素保持不變,roe和保留的利潤越高,相對於不一定具有這些特徵的公司,公司的增長率就越高。
John B. Sanfilippo & Son's Earnings Growth And 20% ROE
John b. Sanfilippo&Son的盈利增長和20%的ROE
To start with, John B. Sanfilippo & Son's ROE looks acceptable. On comparing with the average industry ROE of 14% the company's ROE looks pretty remarkable. This certainly adds some context to John B. Sanfilippo & Son's decent 8.4% net income growth seen over the past five years.
首先,John b. Sanfilippo&Son的ROE看起來是可以接受的。與行業平均ROE 14%相比,該公司的ROE看起來非常顯着。這確實爲John b. Sanfilippo&兒子在過去五年中不錯的8.4%淨收入增長增加了一些背景。
As a next step, we compared John B. Sanfilippo & Son'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 9.5% in the same period.
接下來,我們將John b. Sanfilippo&Son的淨收入增長與行業進行比較,並發現該公司在同一時期與行業平均增長率9.5%具有相似的增長數字。
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Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is John B. Sanfilippo & Son fairly valued compared to other companies? These 3 valuation measures might help you decide.
盈利增長是考慮估值的重要指標。投資者需要確定的下一步是,預期的盈利增長或缺乏盈利增長是否已經反映在股價中。通過這樣做,他們會知道股票是否進入了清晰的藍水區,還是等待着沼澤水域。John b. Sanfilippo&Son相對於其他公司是否定價合理?這3個估值措施可能會幫助您決定。
Is John B. Sanfilippo & Son Efficiently Re-investing Its Profits?
John b. Sanfilippo&Son是否有效地再投資其利潤?
John B. Sanfilippo & Son has a low three-year median payout ratio of 14%, meaning that the company retains the remaining 86% of its profits. This suggests that the management is reinvesting most of the profits to grow the business.
John b. Sanfilippo&Son的三年中位數派息比率很低,爲14%,這意味着公司保留其利潤的其餘86%。這表明管理層正在重新投資大部分利潤以促進業務增長。
Moreover, John B. Sanfilippo & Son 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.
此外,我們從John b. Sanfilippo&Son至少十年支付股息的長期歷史中推斷出,該公司決心繼續與股東分享利潤。
Conclusion
結論
On the whole, we feel that John B. Sanfilippo & Son's performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. To know the 1 risk we have identified for John B. Sanfilippo & Son visit our risks dashboard for free.
總的來說,我們認爲John b. Sanfilippo&Son的表現相當不錯。具體而言,我們喜歡公司以高回報率重新投資其巨額利潤的方式。當然,這使得公司看到了盈利的大幅增長。如果公司繼續像過去這樣增長其收益,那麼這可能會對其股價產生積極影響,因爲每股收益如何影響長期股價。請記住,股票價格也取決於所感知的風險。因此,投資者在投資任何公司之前必須了解其中涉及的風險。要了解我們已經確定的John b. Sanfilippo&Son的1個風險,請訪問我們的免費風險儀表板。
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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.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。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。