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Is Weakness In Tri Pointe Homes, Inc. (NYSE:TPH) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?

Is Weakness In Tri Pointe Homes, Inc. (NYSE:TPH) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?

三點地房屋公司(紐交所:TPH)股票的疲軟是市場可能錯了嗎,鑑於其強大的財務前景?
Simply Wall St ·  00:40

With its stock down 11% over the past month, it is easy to disregard Tri Pointe Homes (NYSE:TPH). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study Tri Pointe Homes' ROE in this article.

股票在過去一個月下跌11%,很容易忽略紐約證券交易所上市公司 tri pointe homes。 但如果您仔細關注,您可能會發現它強大的財務狀況可能意味着股票長期上漲的可能性,考慮到市場通常會獎勵財務狀況良好的公司。 具體來說,在本文中,我們決定研究 tri pointe homes 的roe。

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

roe指股東權益回報率,是一種有用的工具,用於評估公司如何有效地從股東獲得的投資中產生回報。簡單來說,這衡量了一家公司相對於股東權益的盈利能力。

How Is ROE Calculated?

淨資產收益率怎麼計算?

ROE can be calculated by using the formula:

淨資產收益率可以使用以下公式進行計算:

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 Tri Pointe Homes is:

所以,根據上述公式,tri pointe homes 的roe 爲:

14% = US$464m ÷ US$3.2b (Based on the trailing twelve months to September 2024).

14% = 46400萬美元 ÷ 32億美元(基於截至2024年9月的過去十二個月)。

The 'return' is the amount earned after tax over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.14.

『回報』是過去十二個月稅後盈利的金額。這意味着,對於每個股東投資的1美元,公司會生成0.14美元的利潤。

What Is The Relationship Between ROE And Earnings Growth?

ROE與盈利增長之間的關係是什麼?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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 all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.

到目前爲止,我們已經學到 ROE(淨資產收益率)可以衡量公司盈利的效率。具體取決於公司再投資或「保留」多少這些利潤,以及其有效程度,我們便能夠評估公司的盈利增長潛力。假設其他條件相同,ROE和利潤保留率都較高的公司通常比不具備這些特徵的公司增長率更高。

Tri Pointe Homes' Earnings Growth And 14% ROE

Tri Pointe Homes的盈利增長和14%的roe

To begin with, Tri Pointe Homes seems to have a respectable ROE. Even when compared to the industry average of 15% the company's ROE looks quite decent. Consequently, this likely laid the ground for the decent growth of 13% seen over the past five years by Tri Pointe Homes.

首先,tri pointe homes的roe似乎很體面。即使與行業平均水平15%相比,該公司的roe看起來相當不錯。因此,這很可能爲tri pointe homes過去五年見到的13%的體面增長奠定了基礎。

Next, on comparing with the industry net income growth, we found that Tri Pointe Homes' reported growth was lower than the industry growth of 19% over the last few years, which is not something we like to see.

接下來,通過與行業淨利潤增長進行比較,我們發現tri pointe homes報告的增長低於過去幾年行業增長的19%,這不是我們喜歡看到的。

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NYSE:TPH Past Earnings Growth October 31st 2024
紐交所:TPH過去盈利增長2024年10月31日

Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for TPH? You can find out in our latest intrinsic value infographic research report.

盈利增長是估值股票時要考慮的一個重要指標。對於投資者來說,了解市場是否已經將公司預期的盈利增長(或下降)定價是很重要的。這樣做將幫助他們判斷股票的未來前景是光明還是黯淡。市場是否已經爲TPH的未來前景定價?您可以在我們最新的內在價值信息圖研究報告中找到答案。

Is Tri Pointe Homes Making Efficient Use Of Its Profits?

tri pointe homes是否有效利用其利潤?

Tri Pointe Homes doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the decent earnings growth number that we discussed above.

tri pointe homes目前不支付任何定期股息,這基本意味着它一直在將所有利潤重新投資到業務中。這無疑有助於上面討論的體面盈利增長數字。

Summary

總的來說,我們對偉明環保的表現非常滿意。具體而言,我們喜歡公司以高回報率再投資了其利潤的很大一部分。當然,這導致公司的收益大幅增長。但是,最新的行業分析師預測表明,該公司的收益預計將加速增長。

In total, we are pretty happy with Tri Pointe Homes' performance. 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 a good amount of growth in its earnings. That being so, according to the latest industry analyst forecasts, the company's earnings are expected to shrink in the future. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

總的來說,我們對tri pointe homes的表現非常滿意。具體而言,我們喜歡該公司以高回報率將大部分利潤再投資的做法。當然,這導致該公司的盈利出現了相當大的增長。鑑於最新的行業分析師預測,該公司的盈利未來有望減少。這些分析師的期望是基於行業的廣泛預期,還是基於公司的基本面?點擊這裏查看我們爲該公司提供的分析師預測頁面。

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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