With EPS Growth And More, Qualys (NASDAQ:QLYS) Makes An Interesting Case
With EPS Growth And More, Qualys (NASDAQ:QLYS) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
投資者經常遵循「尋找下一個大事業」的理念,即使這意味着購買沒有任何營業收入,更別提利潤的「故事股」。但現實情況是,當一家公司每年都虧損很多年的時候,它的投資者通常會承擔這些損失。虧損的公司還沒有通過利潤證明自己,最終外部資本的流入可能會乾涸。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Qualys (NASDAQ:QLYS). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing.
儘管處於科技股藍天投資的時代,許多投資者仍然採取更傳統的策略;購買盈利公司如科力斯(納斯達克:QLYS)的股票。雖然這並不一定意味着它被低估,但業務的盈利能力足以值得一些認可——特別是如果它在增長的話。
Qualys' Earnings Per Share Are Growing
科力斯的每股收益正在增長
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. So it makes sense that experienced investors pay close attention to company EPS when undertaking investment research. Shareholders will be happy to know that Qualys' EPS has grown 36% each year, compound, over three years. As a general rule, we'd say that if a company can keep up that sort of growth, shareholders will be beaming.
通常,經歷每股收益(EPS)增長的公司,其股價應會出現類似的趨勢。因此,經驗豐富的投資者在進行投資研究時,密切關注公司的每股收益是有道理的。股東們會高興地知道,科力斯的每股收益每年複合增長36%,持續了三年。一般來說,我們會說,如果一家公司能夠保持這種增長,股東們會感到欣喜。
Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. Qualys shareholders can take confidence from the fact that EBIT margins are up from 28% to 30%, and revenue is growing. Both of which are great metrics to check off for potential growth.
營收增長是可持續增長的一個重要指標,結合高息稅折舊攤銷前利潤(EBIT)率,這是公司在市場中保持競爭優勢的好方法。科力斯的股東可以對EBIT利潤率從28%提升到30%以及營業收入的增長感到放心。這兩個指標都是潛在增長的良好衡量標準。
You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.
以下圖表展示了該公司營業收入和盈利增長的趨勢。單擊圖表可以查看準確數字。
Fortunately, we've got access to analyst forecasts of Qualys' future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.
幸運的是,我們可以訪問分析師對科力斯未來盈利的預測。您可以自己進行預測,也可以看看專業人士的預測。
Are Qualys Insiders Aligned With All Shareholders?
Qualys內部人士是否與所有股東保持一致?
Since Qualys has a market capitalisation of US$5.6b, we wouldn't expect insiders to hold a large percentage of shares. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. As a matter of fact, their holding is valued at US$33m. That's a lot of money, and no small incentive to work hard. Even though that's only about 0.6% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders.
由於科力斯的市值爲56億美金,我們不指望內部人士持有大量股份。但由於他們對公司的投資,令人高興的是,仍然有激勵措施將他們的行爲與股東的利益對齊。事實上,他們的持股價值爲3300萬美金。這是很多錢,也是努力工作的不小激勵。儘管這只是公司約0.6%的股份,但足以表明企業領導層與普通股東之間的利益一致。
Is Qualys Worth Keeping An Eye On?
科力斯值得關注嗎?
If you believe that share price follows earnings per share you should definitely be delving further into Qualys' strong EPS growth. Further, the high level of insider ownership is impressive and suggests that the management appreciates the EPS growth and has faith in Qualys' continuing strength. The growth and insider confidence is looked upon well and so it's worthwhile to investigate further with a view to discern the stock's true value. Now, you could try to make up your mind on Qualys by focusing on just these factors, or you could also consider how its price-to-earnings ratio compares to other companies in its industry.
如果您相信每股收益跟隨股價,那麼您絕對應該深入了解科力斯強勁的每股收益增長。此外,高比例的內部持股令人印象深刻,表明管理層重視每股收益的增長,並對科力斯持續的實力充滿信心。這種增長和內部信心都受到好評,因此有必要進一步調查,以了解股票的真實價值。現在,您可以嘗試僅關注這些因素來決定科力斯,或者還可以考慮其市盈率與其行業內其他公司的比較。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by significant insider holdings.
總是有可能買入未增長收益並且內部人員不買入股票的股票表現良好。但是對於那些認爲這些重要指數的人,我們鼓勵您查看具有這些功能的公司。您可以訪問定製列表,其中列出了已經展示出增長並得到內幕人員認可的公司。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。
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對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接與我們聯繫。或者,發送電子郵件至editorial-team @ simplywallst.com。
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。