Is BitFuFu Inc.'s (NASDAQ:FUFU) Recent Stock Performance Tethered To Its Strong Fundamentals?
Is BitFuFu Inc.'s (NASDAQ:FUFU) Recent Stock Performance Tethered To Its Strong Fundamentals?
Most readers would already be aware that BitFuFu's (NASDAQ:FUFU) stock increased significantly by 20% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to BitFuFu's ROE today.
大多數讀者可能已經意識到,BitFuFu(納斯達克:FUFU)的股票在過去三個月大幅上漲了20%。鑑於市場長期獎勵強勁的財務狀況,我們想知道在這種情況下是否也是如此。特別是,我們將關注BitFuFu今天的roe。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
股東權益回報率(ROE)是檢驗公司增加其價值和管理投資者資金有效性的測試。簡而言之,ROE顯示每個美元的利潤與其股東的投資有關。
How Do You Calculate Return On Equity?
如何計算淨資產收益率?
The formula for return on equity is:
權益回報率的計算公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
淨資產收益率 = 淨利潤(來自持續經營) ÷ 股東權益
So, based on the above formula, the ROE for BitFuFu is:
因此,根據以上公式,BitFuFu的roe爲:
32% = US$37m ÷ US$117m (Based on the trailing twelve months to September 2024).
32% = 3700萬美元 ÷ 11700萬美元(截至2024年9月的過去十二個月)。
The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.32 in profit.
『回報』是年利潤。一個概念化的方式是,對於每1美元股東資本,公司賺取了0.32美元的利潤。
What Has ROE Got To Do With Earnings Growth?
roe與盈利增長有何關係?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
我們已經確定,roe作爲一種有效的盈利預測工具,可爲公司未來的盈利能力提供參考。基於公司選擇重新投資或「保留」的利潤比例,我們可以評估其未來盈利能力。總的來說,在其他條件相等的情況下,roe和利潤保留比例高的公司比那些不具備這些特點的公司增長速度更快。
BitFuFu's Earnings Growth And 32% ROE
BitFuFu的盈利增長和32%的roe
First thing first, we like that BitFuFu has an impressive ROE. Secondly, even when compared to the industry average of 14% the company's ROE is quite impressive. Under the circumstances, BitFuFu's considerable five year net income growth of 76% was to be expected.
首先,我們喜歡BitFuFu有令人印象深刻的roe。其次,即使與行業平均水平14%相比,公司的roe也相當令人印象深刻。在此情況下,BitFuFu在五年內實現了76%的淨利潤增長是可以預期的。
We then compared BitFuFu's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 20% in the same 5-year period.
然後,我們將比較BitFuFu的淨利潤增長與行業,高興地看到公司的增長數字比同一5年期間增長率爲20%的行業要高。
Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about BitFuFu's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
盈利增長是股票估值的一個重要因素。 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)價格化是很重要的。然後這有助於他們判斷股票是處於光明還是暗淡的未來。 如果您對BitFuFu的估值感到困惑,請查看其市盈率與行業的比較。
Is BitFuFu Efficiently Re-investing Its Profits?
BitFuFu是否有效地重新投資其利潤?
BitFuFu 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 high earnings growth number that we discussed above.
BitFuFu目前不支付任何定期分紅,這基本上意味着它一直在將所有利潤重新投資到業務中。這絕對有助於上面討論過的高盈利增長率。
Summary
總結
On the whole, we feel that BitFuFu's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. 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. Not to forget, share price outcomes are also dependent on the potential risks a company may face. So it is important for investors to be aware of the risks involved in the business. Our risks dashboard would have the 2 risks we have identified for BitFuFu.
總的來說,我們認爲BitFuFu的表現相當不錯。特別是,我們喜歡公司大量投資於業務,並以很高的回報率進行再投資。毫不奇怪,這導致令人印象深刻的盈利增長。如果公司繼續像現在這樣增長其盈利,這可能會對其股價產生積極影響,給定了每股盈利如何影響長期股價。另外,股價的走勢也取決於公司可能面臨的潛在風險。因此,投資者了解業務所面臨的風險非常重要。我們的風險特斯拉-儀表將列出我們已經爲BitFuFu確定的2個風險。
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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。