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Slowing Rates Of Return At Granite Ridge Resources (NYSE:GRNT) Leave Little Room For Excitement

Slowing Rates Of Return At Granite Ridge Resources (NYSE:GRNT) Leave Little Room For Excitement

Granite Ridge Resources(紐交所:GRNT)的回報率下降,讓人們很難感到興奮
Simply Wall St ·  09/27 19:41

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. That's why when we briefly looked at Granite Ridge Resources' (NYSE:GRNT) ROCE trend, we were pretty happy with what we saw.

如果我們想要找到下一個賺很多的機會,可以關注一些關鍵的趨勢。一種常見的方法是嘗試找到一個回報率正在增長,並且資本已使用金額在增加的公司。最終,這表明這是一個業務以遞增的回報率再投資利潤。這就是爲什麼當我們簡短地看了一下Granite Ridge Resources(紐交所:GRNT)的ROCE趨勢時,我們對所看到的感到非常滿意。

Understanding Return On Capital Employed (ROCE)

上面您可以看到蒙托克可再生能源現行ROCE與之前資本回報的比較,但過去只能知道這麼多。如果您感興趣,可以查看我們免費的蒙托克可再生能源分析師報告,了解分析師的預測。

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Granite Ridge Resources, this is the formula:

只是爲了澄清,如果您不確定,ROCE是評估公司在其業務中投資的資本上獲得多少稅前收入(以百分比表示)的一個度量標準。要計算Granite Ridge Resources的這一指標,可以使用以下公式:

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。

0.12 = US$113m ÷ (US$990m - US$67m) (Based on the trailing twelve months to June 2024).

0.12 = 1.13億美元 ÷(9.9億美元 - 6700萬美元)(根據截至2024年6月的過去十二個月)。

Thus, Granite Ridge Resources has an ROCE of 12%. That's a pretty standard return and it's in line with the industry average of 12%.

因此,Granite Ridge Resources的ROCE爲12%。 這是一個相當標準的回報率,並且與行業平均水平的12%相一致。

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NYSE:GRNT Return on Capital Employed September 27th 2024
2024年9月27日紐交所:GRNT資本僱用回報

Above you can see how the current ROCE for Granite Ridge Resources compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Granite Ridge Resources .

在上面,您可以看到Granite Ridge Resources目前的ROCE如何與其先前的資本回報率相比,但是您只能從過去了解到這麼多。如果您感興趣,可以在我們的Granite Ridge Resources免費分析師報告中查看分析師的預測。

How Are Returns Trending?

綜合上述,Cimpress非常有效地提高了其資本利用率所產生的回報。考慮到股票過去五年保持穩定,如果其他指標也不錯,則可能存在機會。因此,進一步研究這家公司並確定這些趨勢是否會持續是合理的。

While the current returns on capital are decent, they haven't changed much. The company has employed 177% more capital in the last three years, and the returns on that capital have remained stable at 12%. Since 12% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Over long periods of time, returns like these might not be too exciting, but with consistency they can pay off in terms of share price returns.

當前資本回報率尚可,但並沒有發生太大變化。公司在過去三年中使用的資本增加了177%,而這些資本的回報率仍然穩定在12%。然而,由於12%是一個適度的ROCE,所以看到一個業務能夠以這樣的可觀回報率繼續投資是件好事。長時間以來,這樣的回報可能不會太令人興奮,但如果保持一致,它們可以換算成股價回報。

In Conclusion...

最後,同等資本下回報率較低的趨勢通常不是我們關注創業板股票的最佳信號。由於這些發展進行良好,因此投資者不太可能表現友好。自五年前以來,該股下跌了32%。除非這些指標朝着更積極的軌跡轉變,否則我們將繼續尋找其他股票。

To sum it up, Granite Ridge Resources has simply been reinvesting capital steadily, at those decent rates of return. Yet over the last three years the stock has declined 32%, so the decline might provide an opening. For that reason, savvy investors might want to look further into this company in case it's a prime investment.

總的來說,Granite Ridge Resources一直在穩定以這些可觀的回報率重新投入資本。然而,在過去三年中,股價下跌了32%,因此這種下跌可能提供了一個機會。出於這個原因,明智的投資者可能需要進一步了解該公司,以確定它是否是一個主要投資對象。

If you'd like to know more about Granite Ridge Resources, we've spotted 3 warning signs, and 1 of them is potentially serious.

如果您想了解更多關於Granite Ridge Resources的信息,我們發現了3個警告信號,其中1個可能比較嚴重。

While Granite Ridge Resources may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.

雖然Granite Ridge Resources目前的盈利率可能不是最高的,但我們已經整理了一份目前盈利率超過25%的公司名單。請點擊這裏查看這個免費名單。

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。

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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