AGCO (NYSE:AGCO) Shareholders Have Earned a 45% CAGR Over the Last Three Years
AGCO (NYSE:AGCO) Shareholders Have Earned a 45% CAGR Over the Last Three Years
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But in contrast you can make much more than 100% if the company does well. For instance the AGCO Corporation (NYSE:AGCO) share price is 178% higher than it was three years ago. That sort of return is as solid as granite. In the last week shares have slid back 2.1%.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.
View our latest analysis for AGCO
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
During three years of share price growth, AGCO achieved compound earnings per share growth of 93% per year. This EPS growth is higher than the 41% average annual increase in the share price. So one could reasonably conclude that the market has cooled on the stock. This cautious sentiment is reflected in its (fairly low) P/E ratio of 11.76.
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
It is of course excellent to see how AGCO has grown profits over the years, but the future is more important for shareholders. If you are thinking of buying or selling AGCO stock, you should check out this FREE detailed report on its balance sheet.
What About Dividends?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, AGCO's TSR for the last 3 years was 203%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return.
A Different Perspective
We're pleased to report that AGCO shareholders have received a total shareholder return of 13% over one year. Of course, that includes the dividend. However, the TSR over five years, coming in at 18% per year, is even more impressive. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. It's always interesting to track share price performance over the longer term. But to understand AGCO better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for AGCO you should know about.
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
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.
你在任何一只股票上最多只能损失100%的钱(假设你不使用杠杆)。但相比之下,你可以赚很多钱更多如果公司做得好的话,就会比100%更好。例如,AGCO公司(纽约证券交易所代码:AGCO)的股价比三年前上涨了178%。这种回报是坚如磐石的。过去一周,该公司股价回落了2.1%。
现在也有必要看看该公司的基本面,因为这将有助于我们确定长期股东回报是否与基础业务的表现相匹配。
查看我们对AGCO的最新分析
用巴菲特的话说,“船只将在世界各地航行,但平坦的地球协会将蓬勃发展。市场上的价格和价值之间将继续存在巨大的差异……”一种不完美但简单的方法来考虑市场对一家公司的看法是如何改变的,那就是将每股收益(EPS)的变化与股价走势进行比较。
在三年的股价增长中,AGCO实现了每年93%的每股复合收益增长。这一每股收益增幅高于该公司股价年均41%的增幅。因此,人们可以合理地得出结论,市场对该股的态度已经降温。这种谨慎的情绪反映在(相当低的)市盈率11.76。
下图描述了EPS是如何随着时间的推移而变化的(通过单击图像来揭示确切的值)。
当然,看到AGCO多年来的利润增长是非常好的,但对股东来说,未来更重要。如果您正在考虑购买或出售AGCO股票,您应该查看以下内容免费关于其资产负债表的详细报告。
那股息呢?
重要的是要考虑任何给定股票的总股东回报以及股价回报。TSR是一种回报计算,计入了现金股息的价值(假设收到的任何股息都进行了再投资),以及任何贴现融资和剥离的计算价值。可以说,TSR更全面地描绘了一只股票产生的回报。碰巧的是,AGCO过去三年的TSR为203%,超过了前面提到的股价回报率。该公司支付的股息因此提振了总计股东回报。
不同的视角
我们很高兴地报告,AGCO股东在一年内获得了13%的总股东回报。当然,这包括股息。然而,五年来的TSR,以每年18%的速度增长,更令人印象深刻。悲观的观点是,该股的最佳时期已经过去,但另一方面,当业务本身继续执行时,价格可能只是在放缓。跟踪股价的长期表现总是很有趣的。但为了更好地理解AGCO,我们需要考虑许多其他因素。例如,考虑一下风险。每家公司都有它们,我们已经发现AGCO的2个警告标志你应该知道。
对于那些想要找到赢得投资这免费最近有内幕收购的不断增长的公司名单可能就是合适的选择。
请注意,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。
对这篇文章有什么反馈吗?担心内容吗?保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。
译文内容由第三方软件翻译。
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