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Return Trends At Excelerate Energy (NYSE:EE) Aren't Appealing

Return Trends At Excelerate Energy (NYSE:EE) Aren't Appealing

Excelerate Energy(紐約證券交易所代碼:EE)的回報趨勢並不吸引人
Simply Wall St ·  05/10 18:35

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. However, after briefly looking over the numbers, we don't think Excelerate Energy (NYSE:EE) has the makings of a multi-bagger going forward, but let's have a look at why that may be.

我們應該尋找哪些趨勢?我們想確定可以長期價值成倍增長的股票?首先,我們想找一個正在成長的 返回 關於已用資本(ROCE),然後除此之外,還不斷增加 基礎 所用資本的比例。簡而言之,這些類型的企業是複合機器,這意味着他們不斷以更高的回報率對收益進行再投資。但是,在簡要研究了這些數字之後,我們認爲Excelerate Energy(紐約證券交易所代碼:EE)在未來不具備多袋裝機的實力,但讓我們來看看爲什麼會這樣。

What Is Return On Capital Employed (ROCE)?

什麼是資本使用回報率(ROCE)?

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this calculation on Excelerate Energy is:

爲了澄清一下你是否不確定,ROCE是評估公司從投資於其業務的資本中獲得多少稅前收入(按百分比計算)的指標。在 Excelerate Energy 上進行此計算的公式爲:

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)

0.077 = US$206m ÷ (US$2.9b - US$197m) (Based on the trailing twelve months to March 2024).

0.077 = 2.06億美元 ÷(29億美元-1.97億美元) (基於截至2024年3月的過去十二個月)

So, Excelerate Energy has an ROCE of 7.7%. Ultimately, that's a low return and it under-performs the Oil and Gas industry average of 13%.

因此,Excelerate Energy的投資回報率爲7.7%。歸根結底,這是一個低迴報,其表現低於石油和天然氣行業13%的平均水平。

roce
NYSE:EE Return on Capital Employed May 10th 2024
紐約證券交易所:EE 2024年5月10日動用資本回報率

Above you can see how the current ROCE for Excelerate Energy compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Excelerate Energy .

在上面你可以看到Excelerate Energy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。如果你想了解分析師對未來的預測,你應該查看我們的Excelerate Energy的免費分析師報告。

So How Is Excelerate Energy's ROCE Trending?

那麼 Excelerate Energy 的投資回報率趨勢如何呢?

The returns on capital haven't changed much for Excelerate Energy in recent years. The company has consistently earned 7.7% for the last four years, and the capital employed within the business has risen 33% in that time. Given the company has increased the amount of capital employed, it appears the investments that have been made simply don't provide a high return on capital.

近年來,Excelerate Energy的資本回報率沒有太大變化。在過去四年中,該公司的收入一直保持在7.7%,在此期間,該公司的資本增長了33%。鑑於該公司增加了動用資本金額,看來已經進行的投資根本無法提供很高的資本回報率。

The Bottom Line On Excelerate Energy's ROCE

Excelerate Energy 投資回報率的底線

As we've seen above, Excelerate Energy's returns on capital haven't increased but it is reinvesting in the business. Unsurprisingly then, the total return to shareholders over the last year has been flat. All in all, the inherent trends aren't typical of multi-baggers, so if that's what you're after, we think you might have more luck elsewhere.

正如我們在上面看到的那樣,Excelerate Energy的資本回報率沒有增加,但它正在對該業務進行再投資。因此,毫不奇怪,去年股東的總回報率持平。總而言之,多裝袋機的固有趨勢並不常見,因此,如果您想要這樣做,我們認爲您在其他地方可能會有更多的運氣。

Excelerate Energy could be trading at an attractive price in other respects, so you might find our free intrinsic value estimation for EE on our platform quite valuable.

Excelerate Energy在其他方面可能會以誘人的價格進行交易,因此您可能會發現我們在我們平台上對EE的免費內在價值估算非常有價值。

While Excelerate Energy isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets.

儘管Excelerate Energy的回報率並不高,但請查看這份免費的股票回報率高、資產負債表穩健的公司名單。

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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