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Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

Capital Investments At Sheng Siong Group (SGX:OV8) Point To A Promising Future

盛祥集團(新加坡證券交易所股票代碼:OV8)的資本投資指向光明的未來
Simply Wall St ·  05/10 09:58

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Ergo, when we looked at the ROCE trends at Sheng Siong Group (SGX:OV8), we liked what we saw.

如果你在尋找下一款多功能裝袋機時不確定從哪裏開始,那麼你應該留意一些關鍵趨勢。通常,我們希望注意到增長的趨勢 返回 在資本使用率(ROCE)方面,除此之外,還在擴大 基礎 所用資本的比例。基本上,這意味着公司擁有可以繼續進行再投資的盈利計劃,這是複合機器的特徵。因此,當我們查看盛祥集團(新加坡證券交易所股票代碼:OV8)的投資回報率趨勢時,我們喜歡我們所看到的。

Understanding Return On Capital Employed (ROCE)

了解資本使用回報率 (ROCE)

If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Sheng Siong Group is:

如果你以前沒有與ROCE合作過,它會衡量公司從其業務中使用的資本中產生的 “回報”(稅前利潤)。盛祥集團的計算公式爲:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

已動用資本回報率 = 息稅前收益 (EBIT) ¥(總資產-流動負債)

0.25 = S$153m ÷ (S$849m - S$247m) (Based on the trailing twelve months to March 2024).

0.25 = 1.53億新元 ÷(8.49億新元-2.47億新元) (基於截至2024年3月的過去十二個月)

So, Sheng Siong Group has an ROCE of 25%. That's a fantastic return and not only that, it outpaces the average of 8.5% earned by companies in a similar industry.

因此,盛雄集團的投資回報率爲25%。這是一個了不起的回報,不僅如此,它還超過了類似行業公司的平均8.5%。

roce
SGX:OV8 Return on Capital Employed May 10th 2024
新加坡證券交易所:OV8 已動用資本回報率 2024 年 5 月 10 日

Above you can see how the current ROCE for Sheng Siong Group compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Sheng Siong Group .

上面你可以看到盛祥集團當前的投資回報率與其先前的資本回報率相比如何,但從過去可以看出來的只有那麼多。如果您有興趣,可以在我們的盛祥集團免費分析師報告中查看分析師的預測。

What Can We Tell From Sheng Siong Group's ROCE Trend?

我們可以從盛雄集團的投資回報率趨勢中得出什麼?

We'd be pretty happy with returns on capital like Sheng Siong Group. The company has consistently earned 25% for the last five years, and the capital employed within the business has risen 76% in that time. Returns like this are the envy of most businesses and given it has repeatedly reinvested at these rates, that's even better. If Sheng Siong Group can keep this up, we'd be very optimistic about its future.

我們會像盛祥集團一樣對資本回報感到非常滿意。在過去五年中,該公司的收入一直保持25%,在此期間,該公司的資本增長了76%。這樣的回報令大多數企業羨慕不已,鑑於它一再以這樣的利率進行再投資,那就更好了。如果盛祥集團能夠繼續保持這種狀態,我們將對其未來非常樂觀。

In Conclusion...

總之...

In short, we'd argue Sheng Siong Group has the makings of a multi-bagger since its been able to compound its capital at very profitable rates of return. And since the stock has risen strongly over the last five years, it appears the market might expect this trend to continue. So even though the stock might be more "expensive" than it was before, we think the strong fundamentals warrant this stock for further research.

簡而言之,我們認爲勝雄集團具有多袋裝的優勢,因爲它能夠以非常有利可圖的回報率來增加資本。而且,由於該股在過去五年中強勁上漲,看來市場預計這種趨勢將繼續下去。因此,儘管該股可能比以前更 “昂貴”,但我們認爲強勁的基本面值得該股進行進一步研究。

If you want to continue researching Sheng Siong Group, you might be interested to know about the 1 warning sign that our analysis has discovered.

如果你想繼續研究勝雄集團,你可能有興趣了解我們的分析發現的1個警告信號。

Sheng Siong Group is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals.

盛祥集團並不是唯一獲得高回報的股票。如果您想了解更多,請查看我們的免費公司名單,列出了基本面穩健且具有高股本回報率的公司。

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.

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。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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