Returns On Capital Are A Standout For John B. Sanfilippo & Son (NASDAQ:JBSS)
Returns On Capital Are A Standout For John B. Sanfilippo & Son (NASDAQ:JBSS)
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Speaking of which, we noticed some great changes in John B. Sanfilippo & Son's (NASDAQ:JBSS) returns on capital, so let's have a look.
如果我們想找出下一個未來的翻倍股,就應該遵循以下幾個關鍵趨勢。一個理想的企業應展示出兩種趨勢,一是不斷提高使用資本回報率(ROCE),二是不斷增加使用資本量。這表明它是一個複合機器,能夠不斷將其收益再投資到企業中併產生更高的回報。說到這些,我們注意到約翰·B·桑菲洛普和兒子公司(NASDAQ:JBSS)資本回報率有了很大的變化,讓我們來看一下。
What Is Return On Capital Employed (ROCE)?
我們對 Enphase Energy 的資本僱用回報率的看法:正如我們上面看到的,Enphase Energy 的資本回報率沒有提高,但它正在重新投資於業務。投資者必須認爲未來會有更好的前景,因爲股票表現良好,使持股五年以上的股東獲得了 690% 的收益。最終,如果基本趨勢持續存在,我們不會對它成爲一隻多頭股持有期很久很有信心。
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for John B. Sanfilippo & Son:
對於那些不確定ROCE是什麼的人,它衡量公司能夠從其企業中使用的資本產生多少稅前利潤。分析師使用以下公式來計算約翰·B·桑菲洛普和兒子公司的ROCE:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
資產僱用回報率(ROCE)是指企業利潤,即企業稅前利潤除以企業投入的總資本(負債加股權)。如果ROCE高於企業財務成本的承受能力,那麼企業就會創造出更多的價值。
0.23 = US$87m ÷ (US$492m - US$120m) (Based on the trailing twelve months to March 2024).
因此,約翰·B·桑菲洛普和兒子公司的ROCE爲23%。這是一個極好的回報,更厲害的是,它超過了同行業公司平均的11%。
Therefore, John B. Sanfilippo & Son has an ROCE of 23%. That's a fantastic return and not only that, it outpaces the average of 11% earned by companies in a similar industry.
NasdaqGS:JBSS 資本回報率 2024年8月8日
![big](https://newsfile.futunn.com/public/NN-PersistNewsContentImage/7781/20240808/0-8d96520f115ad43f62ed1286424e5df1-0-5e641c56845b4784617111562fd7450e.png/big)
While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you're interested in investigating John B. Sanfilippo & Son's past further, check out this free graph covering John B. Sanfilippo & Son's past earnings, revenue and cash flow.
約翰·B·桑菲洛普和兒子公司展示了一些積極的趨勢。數據顯示,過去5年間使用資本回報率大幅提高至23%。同時,使用的資本額也增加了26%。這可能表明在企業內部投資資本的機會很多,並且以更高的利率投資,這是翻倍股常見的組合。
What The Trend Of ROCE Can Tell Us
儘管如此,當我們看 enphase energy (納斯達克股票代碼:ENPH) 的時候,它似乎並沒有完全符合這些要求。
John B. Sanfilippo & Son is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 23%. The amount of capital employed has increased too, by 26%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.
我們可以從約翰·B·桑菲洛普和兒子公司的ROCE學到什麼呢?
What We Can Learn From John B. Sanfilippo & Son's ROCE
總的來說,看到約翰·B·桑菲洛普和兒子公司從先前的投資中獲得回報並增長其資本基礎是令人興奮的。而在過去5年中,持有該股的人獲得了55%左右的回報,可以說這些發展正開始引起人們的注意。因此,我們認爲值得檢查這些趨勢是否會繼續。
All in all, it's terrific to see that John B. Sanfilippo & Son is reaping the rewards from prior investments and is growing its capital base. And with a respectable 55% awarded to those who held the stock over the last five years, you could argue that these developments are starting to get the attention they deserve. Therefore, we think it would be worth your time to check if these trends are going to continue.
另外需要注意的是,我們發現了約翰·B·桑菲洛普和兒子公司的1個警告信號,可能需要了解一下。
On a separate note, we've found 1 warning sign for John B. Sanfilippo & Son you'll probably want to know about.
High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.
高回報率是強勁表現的關鍵因素,因此請查看我們的免費股票列表,其中列出了盈利能力強、資產負債表堅實的股票。
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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。
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