Investors in White Mountains Insurance Group (NYSE:WTM) Have Seen Favorable Returns of 91% Over the Past Five Years
Investors in White Mountains Insurance Group (NYSE:WTM) Have Seen Favorable Returns of 91% Over the Past Five Years
If you want to compound wealth in the stock market, you can do so by buying an index fund. But in our experience, buying the right stocks can give your wealth a significant boost. For example, the White Mountains Insurance Group, Ltd. (NYSE:WTM) share price is 90% higher than it was five years ago, which is more than the market average. It's also good to see a healthy gain of 29% in the last year.
如果你想在股票市場上增加財富，你可以通過購買指數基金來實現。但是根據我們的經驗，購買合適的股票可以顯著增加您的財富。例如，懷特山保險集團有限公司（紐約證券交易所代碼：WTM）的股價比五年前高出90％，高於市場平均水平。去年也很高興看到29％的健康增長。
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
因此，讓我們評估過去5年的基本面，看看它們是否與股東回報步調一致。
While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
雖然市場是一種強大的定價機制，但股價反映了投資者的情緒，而不僅僅是潛在的業務表現。通過比較每股收益（EPS）和一段時間內的股價變化，我們可以了解投資者對公司的態度是如何隨着時間的推移而變化的。
During five years of share price growth, White Mountains Insurance Group achieved compound earnings per share (EPS) growth of 28% per year. The EPS growth is more impressive than the yearly share price gain of 14% over the same period. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 8.39 also suggests market apprehension.
在五年的股價增長中，懷特山保險集團實現了每年28％的複合每股收益（EPS）增長。每股收益的增長比同期14％的年股價增長更令人印象深刻。因此，人們可以得出結論，整個市場對該股變得更加謹慎。相當低的市盈率爲8.39，也表明了市場的擔憂。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了 EPS 在一段時間內的跟蹤情況（如果你點擊圖片，你可以看到更多細節）。
We consider it positive that insiders have made significant purchases in the last year. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. It might be well worthwhile taking a look at our free report on White Mountains Insurance Group's earnings, revenue and cash flow.
我們認爲，內部人士在去年進行了大量收購，這是積極的。話雖如此，大多數人認爲收益和收入增長趨勢是更有意義的業務指南。可能值得一看我們關於懷特山保險集團收益、收入和現金流的免費報告。
A Different Perspective
不同的視角
White Mountains Insurance Group provided a TSR of 29% over the year (including dividends). That's fairly close to the broader market return. That gain looks pretty satisfying, and it is even better than the five-year TSR of 14% per year. Even if the share price growth slows down from here, there's a good chance that this is business worth watching in the long term. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Even so, be aware that White Mountains Insurance Group is showing 1 warning sign in our investment analysis , you should know about...
懷特山保險集團全年股東總回報率爲29％（包括股息）。這與更廣泛的市場回報率相當接近。這種增長看起來相當令人滿意，甚至比每年14％的五年期股東總回報率還要好。即使股價增長從現在開始放緩，從長遠來看，這很可能是值得關注的業務。我發現將長期股價視爲業務績效的代表非常有趣。但是，要真正獲得見解，我們還需要考慮其他信息。即便如此，請注意，懷特山保險集團在我們的投資分析中顯示了1個警告信號，你應該知道...
White Mountains Insurance Group is not the only stock insiders are buying. So take a peek at this free list of growing companies with insider buying.
懷特山保險集團並不是內部人士唯一買入的股票。因此，看看這份免費的內幕收購成長型公司名單。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
請注意，本文引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。
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。