Allegheny Technologies Return On Capital Employed Insights
Allegheny Technologies Return On Capital Employed Insights
Â
Allegheny Technologies (NYSE:ATI) brought in sales totaling $959.50 million during Q2 according to data provided by Benzinga Pro. However, earnings decreased 197.44%, resulting in a loss of $34.30 million. In Q1, Allegheny Technologies earned $35.20 million and total sales reached $834.10 million.
What Is ROCE?
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 Q2, Allegheny Technologies posted an ROCE of -0.04%.
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 Allegheny Technologies 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 Allegheny Technologies, a negative ROCE ratio of -0.04% 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
Allegheny Technologies reported Q2 earnings per share at $0.54/share, which beat analyst predictions of $0.37/share.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Â
Â
Allegheny Technologies (NYSE:ATI) brought in sales totaling $959.50 million during Q2 according to data provided by Benzinga Pro. However, earnings decreased 197.44%, resulting in a loss of $34.30 million. In Q1, Allegheny Technologies earned $35.20 million and total sales reached $834.10 million.
阿勒格尼技術公司根據Benzinga Pro提供的數據，(紐約證券交易所股票代碼：ATI)第二季度的總銷售額為9.595億美元。然而，收益下降了197.44%，導致3,430萬美元的虧損。第一季度，阿勒格尼技術公司的利潤為3520萬美元，總銷售額達到8.341億美元。
What Is ROCE?
什麼是ROCE？
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 Q2, Allegheny Technologies posted an ROCE of -0.04%.
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。第二季度，阿勒格尼技術公司的淨資產收益率為-0.04%。
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.
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。
ROCE is a powerful metric for comparing the effectiveness of capital allocation for similar companies. A relatively high ROCE shows Allegheny Technologies 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.
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，阿勒格尼技術公司的運營效率可能比行業內其他公司更高。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。
For Allegheny Technologies, a negative ROCE ratio of -0.04% 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.
對於阿勒格尼技術公司，負的淨資產收益率為-0.04%，這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。
Upcoming Earnings Estimate
即將到來的收益預期
Allegheny Technologies reported Q2 earnings per share at $0.54/share, which beat analyst predictions of $0.37/share.
阿勒格尼技術公司公佈第二季度每股收益為0.54美元，超過了分析師預測的0.37美元。
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能，分享給你的好友吧