Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. But as Peter Lynch said inOne Up On Wall Street, 'Long shots almost never pay off.'
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Vinda International Holdings (HKG:3331). Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing.
Check out our latest analysis for Vinda International Holdings
How Quickly Is Vinda International Holdings Increasing Earnings Per Share?
The market is a voting machine in the short term, but a weighing machine in the long term, so share price follows earnings per share (EPS) eventually. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Vinda International Holdings managed to grow EPS by 17% per year, over three years. That's a pretty good rate, if the company can sustain it.
I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). The good news is that Vinda International Holdings is growing revenues, and EBIT margins improved by 2.4 percentage points to 9.8%, over the last year. Ticking those two boxes is a good sign of growth, in my book.
In the chart below, you can see how the company has grown earnings, and revenue, over time. Click on the chart to see the exact numbers.
While we live in the present moment at all times, there's no doubt in my mind that the future matters more than the past. So why not checkthis interactive chart depicting future EPS estimates, for Vinda International Holdings?
Are Vinda International Holdings Insiders Aligned With All Shareholders?
Like standing at the lookout, surveying the horizon at sunrise, insider buying, for some investors, sparks joy. This view is based on the possibility that stock purchases signal bullishness on behalf of the buyer. However, small purchases are not always indicative of conviction, and insiders don't always get it right.
Vinda International Holdings top brass are certainly in sync, not having sold any shares, over the last year. But my excitement comes from the HK$483k that CEO & Executive Director Johann Michalski spent buying shares (at an average price of about HK$14.20).
Should You Add Vinda International Holdings To Your Watchlist?
One positive for Vinda International Holdings is that it is growing EPS. That's nice to see. While some companies are struggling to grow EPS, Vinda International Holdings seems free from that morose affliction. The icing on the cake is that an insider bought shares during the year, which inclines me to put this one on a watchlist. While we've looked at the quality of the earnings, we haven't yet done any work to value the stock. So if you like to buy cheap, you may want tocheck if Vinda International Holdings is trading on a high P/E or a low P/E, relative to its industry.
There are plenty of other companies that have insiders buying up shares. So if you like the sound of Vinda International Holdings, you'll probably love this free list of growing companies that insiders are buying.
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction
If you spot an error that warrants correction, please contact the editor ateditorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
就像一隻追逐尾巴的小狗一樣,一些新投資者往往追逐“下一件大事”,即使這意味着購買“故事股票”而沒有收入,更不用説利潤了。但正如彼得·林奇(PeterLynch)在華爾街所説的那樣,“長時間的投籃幾乎永遠都不會有回報。”
在科技股青天投資的時代,我的選擇可能顯得過時了;我仍然更喜歡像文達國際控股(HKG:3331)這樣盈利的公司。即使這些股票在今天得到了充分的估值,大多數資本家也會把它的利潤看作是穩定價值產生的表現。虧損公司總是爭先恐後地爭取財務上的可持續性,但時間往往是盈利公司的朋友,尤其是在公司成長的時候。
看看我們對Vinda國際控股公司的最新分析
文達國際控股公司每股收益增長的速度有多快?
市場在短期內是一台投票機器,但從長期來看是一台稱重機,因此股價最終會跟隨每股收益(EPS)。因此,有很多投資者喜歡購買每股收益增長的公司的股票。文達國際控股公司(VindaInternationalHoldings)在三年內以每年17%的速度增長每股收益。如果公司能維持下去的話,這個比率是相當不錯的。
我喜歡把高端增長看作是可持續增長的一個跡象,我希望有一個高的息税前利潤(EBIT)利潤率,以表明一條有競爭力的護城河(儘管一些利潤率較低的公司也有護城河)。好消息是文達國際控股公司(VindaInternationalHoldings)的收入在增長,EBIT利潤率比去年提高了2.4個百分點,達到9.8%。在我的書中,在這兩個盒子上滴答滴答是增長的好跡象。
在下面的圖表中,您可以看到公司是如何隨着時間的推移而增加收益和收入的。單擊圖表查看確切的數字。
當我們一直活在當下的時候,毫無疑問,未來比過去更重要。那麼,為什麼不檢查這張描述未來每股收益預期的交互式圖表呢,文達國際控股公司呢?
文達國際控股的內部人士是否與所有股東結盟?
就像站在觀望台上,在日出時觀察地平線,內幕交易,對一些投資者來説,會激起喜悦。這一觀點是基於這樣一種可能性,即股票購買代表買方發出看漲信號。然而,小規模的購買並不總是表明他們的信念,內部人士也不總是正確的。
文達國際控股(VindaInternationalHoldings)高層肯定是同步的,去年沒有賣出任何股票。但令我興奮的是,首席執行官兼執行董事約翰·米哈爾斯基(JohannMichalski)花了483,000港元購買股票(平均價格約為14.20港元)。
您是否應該將Vinda國際控股公司添加到您的監視列表中?
文達國際控股(VindaInternationalHoldings)的一個優點是,它正在增長每股收益。很高興看到。儘管一些公司正在努力發展每股收益,但VindaInternationalHoldings似乎擺脱了這種困境。蛋糕上的錦上添花是,一名內部人士在今年買入了股票,這使我傾向於把這一隻股票放在觀察名單上。雖然我們已經研究了收益的質量,但我們還沒有做任何工作來評估股票的價值。因此,如果你想買便宜的東西,你可能想看看文達國際控股公司的市盈率是高的還是低的,相對於它的行業來説是低市盈率。
還有很多其他公司的內部人士購買股票。因此,如果你喜歡文達國際控股的聲音,你可能會喜歡這份內部人士正在收購的新興公司的免費名單。
請注意本文中討論的內幕交易,請參閲相關管轄範圍內的可報告交易。
如果你發現一個值得糾正的錯誤,請聯繫編輯-Team@simplyWallst.com。這篇文章簡單地説是華爾街的,本質上是一般性的。它不構成買賣任何股票的建議,也不考慮你的目標,或你的財務狀況。簡單地説,華爾街在提到的股票中沒有立場。
我們的目標是為您帶來由基礎數據驅動的長期重點研究分析。請注意,我們的分析可能不考慮最新的價格敏感的公司公告或定性材料。感謝您的閲讀。