Further Upside For Marco Polo Marine Ltd. (SGX:5LY) Shares Could Introduce Price Risks After 25% Bounce
Further Upside For Marco Polo Marine Ltd. (SGX:5LY) Shares Could Introduce Price Risks After 25% Bounce
Despite an already strong run, Marco Polo Marine Ltd. (SGX:5LY) shares have been powering on, with a gain of 25% in the last thirty days. Looking back a bit further, it's encouraging to see the stock is up 57% in the last year.
Even after such a large jump in price, it's still not a stretch to say that Marco Polo Marine's price-to-earnings (or "P/E") ratio of 11.5x right now seems quite "middle-of-the-road" compared to the market in Singapore, where the median P/E ratio is around 12x. Although, it's not wise to simply ignore the P/E without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
Recent times have been pleasing for Marco Polo Marine as its earnings have risen in spite of the market's earnings going into reverse. It might be that many expect the strong earnings performance to deteriorate like the rest, which has kept the P/E from rising. If not, then existing shareholders have reason to be feeling optimistic about the future direction of the share price.
Want the full picture on analyst estimates for the company? Then our free report on Marco Polo Marine will help you uncover what's on the horizon.Is There Some Growth For Marco Polo Marine?
The only time you'd be comfortable seeing a P/E like Marco Polo Marine's is when the company's growth is tracking the market closely.
Taking a look back first, we see that there was hardly any earnings per share growth to speak of for the company over the past year. Likewise, not much has changed from three years ago as earnings have been stuck during that whole time. Therefore, it's fair to say that earnings growth has definitely eluded the company recently.
Turning to the outlook, the next three years should generate growth of 19% each year as estimated by the three analysts watching the company. That's shaping up to be materially higher than the 8.1% per year growth forecast for the broader market.
With this information, we find it interesting that Marco Polo Marine is trading at a fairly similar P/E to the market. It may be that most investors aren't convinced the company can achieve future growth expectations.
The Final Word
Marco Polo Marine's stock has a lot of momentum behind it lately, which has brought its P/E level with the market. Using the price-to-earnings ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects.
We've established that Marco Polo Marine currently trades on a lower than expected P/E since its forecast growth is higher than the wider market. There could be some unobserved threats to earnings preventing the P/E ratio from matching the positive outlook. At least the risk of a price drop looks to be subdued, but investors seem to think future earnings could see some volatility.
You should always think about risks. Case in point, we've spotted 1 warning sign for Marco Polo Marine you should be aware of.
If you're unsure about the strength of Marco Polo Marine's business, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.
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.
儘管已經表現強勁,但馬可波羅海事有限公司(新加坡證券交易所股票代碼:5LY)的股價仍在上漲,在過去三十天中上漲了25%。再往前看,該股去年上漲了57%,令人鼓舞。
即使在價格大幅上漲之後,可以毫不誇張地說,與新加坡的市盈率中位數約爲12倍的新加坡市場相比,目前11.5倍的市盈率(或 “市盈率”)似乎相當 “處於中間位置”。但是,不加解釋地忽略市盈率是不明智的,因爲投資者可能無視一個特殊的機會或一個代價高昂的錯誤。
最近令馬可波羅海事感到高興,儘管市場收益出現逆轉,但其收益卻有所增加。許多人可能預計,強勁的收益表現將像其他人一樣惡化,這阻礙了市盈率的上升。如果不是,那麼現有股東就有理由對股價的未來走向感到樂觀。
想全面了解分析師對公司的估計嗎?那麼我們關於馬可波羅海事的免費報告將幫助您發現即將發生的事情。馬可波羅海軍有增長嗎?
只有當公司的增長密切關注市場時,你才能放心地看到像馬可波羅海軍陸戰隊這樣的市盈率。
首先回顧一下,我們發現在過去的一年中,該公司的每股收益幾乎沒有任何增長可言。同樣,與三年前相比變化不大,因爲在這段時間裏,收入一直處於停滯狀態。因此,可以公平地說,該公司最近肯定沒有實現收益增長。
展望來看,根據關注該公司的三位分析師的估計,未來三年每年將實現19%的增長。這將大大高於整個市場每年8.1%的增長預期。
有了這些信息,我們發現有趣的是,馬可波羅海軍的交易市盈率與市場相當相似。可能是大多數投資者不相信公司能夠實現未來的增長預期。
最後一句話
馬可波羅海軍陸戰隊的股票最近勢頭強勁,這使其市盈率與市場持平。僅使用市盈率來確定是否應該出售股票是不明智的,但它可以作爲公司未來前景的實用指南。
我們已經確定,馬可波羅海事目前的市盈率低於預期,因爲其預測的增長高於整個市場。可能存在一些未觀察到的收益威脅,使市盈率無法與樂觀的前景相吻合。至少價格下跌的風險似乎有所減弱,但投資者似乎認爲未來的收益可能會出現一些波動。
你應該時刻考慮風險。舉個例子,我們發現了你應該注意的馬可波羅海軍陸戰隊的1個警告標誌。
如果您不確定Marco Polo Marine的業務實力,爲什麼不瀏覽我們的互動式股票清單,其中列出了一些您可能錯過的其他公司,這些股票具有穩健的業務基本面。
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
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