Looking Into Desktop Metal, Inc. Class A Common Stock's Return On Capital Employed
Looking Into Desktop Metal, Inc. Class A Common Stock's Return On Capital Employed
According to Benzinga Pro data, during Q1, Desktop Metal, Inc. Class A Common Stock (NYSE:DM) posted sales of $43.71 million. Earnings were up 1.72%, but Desktop Metal, Inc. Class A Common Stock still reported an overall loss of $69.94 million. In Q4, Desktop Metal, Inc. Class A Common Stock brought in $56.68 million in sales but lost $71.17 million in earnings.
What Is Return On Capital Employed?
Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q1, Desktop Metal, Inc. Class A Common Stock posted an ROCE of -0.06%.
It is important to keep in mind that ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but does not account for factors that could affect earnings and sales in the near future.
ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies. A relatively high ROCE shows Desktop Metal, Inc. Class A Common Stock is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and, ultimately, earnings per share (EPS) growth.
For Desktop Metal, Inc. Class A Common Stock, a negative ROCE ratio of -0.06% suggests that management may not be effectively allocating their capital. Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns; poor capital allocation can be a leech on the performance of a company over time.
Upcoming Earnings Estimate
Desktop Metal, Inc. Class A Common Stock reported Q1 earnings per share at $-0.14/share, which did not meet analyst predictions of $-0.13/share.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
根據Benzinga Pro的數據,第一季度,Desktop Metal公司A類普通股(紐約證券交易所代碼:DM)公佈的銷售額為4371萬美元。收益增長了1.72%,但Desktop Metals,Inc.A類普通股仍報告整體虧損6,994萬美元。第四季度,Desktop Metals,Inc.A類普通股實現銷售額5,668萬美元,但收益損失7,117萬美元。
什麼是已動用資本回報率?
沒有背景的收益數據不清楚,可能很難作為交易決定的依據。已用資本回報率(ROCE)通過衡量年度税前利潤與企業所用資本的比例,幫助過濾噪聲中的信號。一般來説,較高的淨資產收益率意味着公司的成功增長,也是未來每股收益較高的跡象。在第一季度,Desktop Metal公司A類普通股的淨資產收益率為-0.06%。
重要的是要記住,ROCE評估的是過去的績效,而不是用作預測工具。這是衡量一家公司近期表現的一個很好的指標,但沒有考慮到可能在不久的將來影響收益和銷售的因素。
淨資產收益率是比較類似公司資本配置有效性的有力指標。相對較高的淨資產收益率表明,Desktop Metals,Inc.A類普通股的運營效率可能高於同行業的其他公司。如果公司以目前的資本水平產生高利潤,其中一些資金可以再投資於更多的資本,這通常會帶來更高的回報,並最終實現每股收益(EPS)的增長。
對於Desktop Metal公司A類普通股,負的ROCE比率為-0.06%,表明管理層可能沒有有效地配置他們的資本。有效的資本配置是一個積極的指標,表明一家公司將獲得更持久的成功和有利的長期回報;隨着時間的推移,糟糕的資本配置可能會拖累公司的業績。
即將到來的收益預期
桌面金屬公司A類普通股公佈第一季度每股收益為-0.14美元,低於分析師預測的-0.13美元。
本文由Benzinga的自動內容引擎生成,並由編輯審閲。
譯文內容由第三人軟體翻譯。
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