Is Weakness In HighPeak Energy, Inc. (NASDAQ:HPK) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?
Is Weakness In HighPeak Energy, Inc. (NASDAQ:HPK) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?
With its stock down 8.5% over the past month, it is easy to disregard HighPeak Energy (NASDAQ:HPK). However, stock prices are usually driven by a company's financial performance over the long term, which in this case looks quite promising. Particularly, we will be paying attention to HighPeak Energy's ROE today.
HighPeak Energy（纳斯达克股票代码：HPK）的股价在过去一个月中下跌了8.5％，很容易被忽视。但是，股票价格通常由公司的长期财务业绩驱动，在这种情况下，这看起来很有希望。特别是，我们今天将关注HighPeak Energy的投资回报率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股本回报率或投资回报率是对公司增值和管理投资者资金的有效性的考验。简而言之，它衡量公司相对于股东权益的盈利能力。
How Do You Calculate Return On Equity?
你如何计算股本回报率？
Return on equity can be calculated by using the formula:
股本回报率可以使用以下公式计算：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率 = 净利润（来自持续经营业务）÷ 股东权益
So, based on the above formula, the ROE for HighPeak Energy is:
因此，根据上述公式，HighPeak Energy的投资回报率为：
11% = US$172m ÷ US$1.5b (Based on the trailing twelve months to March 2024).
11% = 1.72亿美元 ÷ 15亿美元（基于截至2024年3月的过去十二个月）。
The 'return' is the income the business earned over the last year. That means that for every $1 worth of shareholders' equity, the company generated $0.11 in profit.
“回报” 是企业在过去一年中获得的收入。这意味着，每持有价值1美元的股东权益，公司就会产生0.11美元的利润。
What Has ROE Got To Do With Earnings Growth?
投资回报率与收益增长有什么关系？
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
我们已经确定，投资回报率是衡量公司未来收益的有效盈利指标。然后，我们能够评估公司的收益增长潜力，具体取决于公司对这些利润进行再投资或 “保留” 了多少及其有效性。一般而言，在其他条件相同的情况下，股本回报率和利润留存率高的公司的增长率要高于不具有这些属性的公司。
A Side By Side comparison of HighPeak Energy's Earnings Growth And 11% ROE
HighPeak Energy的收益增长和11％的投资回报率的并排比较
To begin with, HighPeak Energy seems to have a respectable ROE. Be that as it may, the company's ROE is still quite lower than the industry average of 18%. However, we are pleased to see the impressive 69% net income growth reported by HighPeak Energy over the past five years. We believe that there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. Bear in mind, the company does have a respectable ROE. It is just that the industry ROE is higher. So this certainly also provides some context to the high earnings growth seen by the company.
首先，HighPeak Energy的投资回报率似乎相当不错。尽管如此，该公司的投资回报率仍远低于行业平均水平的18％。但是，我们很高兴看到HighPeak Energy在过去五年中报告了令人印象深刻的69％的净收入增长。我们认为，可能还有其他方面对公司的收益增长产生积极影响。例如——高收益留存率或实行高效管理。请记住，该公司的投资回报率确实不错。只是行业的投资回报率更高。因此，这无疑也为该公司实现的高收益增长提供了一些背景信息。
We then compared HighPeak Energy's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 38% in the same 5-year period.
然后，我们将HighPeak Energy的净收入增长与该行业进行了比较，我们很高兴地看到，与该行业相比，该公司的增长数字更高，该行业在同期的5年增长率为38％。
Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. What is HPK worth today? The intrinsic value infographic in our free research report helps visualize whether HPK is currently mispriced by the market.
收益增长是对股票进行估值时要考虑的重要指标。投资者接下来需要确定的是，预期的收益增长或缺乏收益是否已经包含在股价中。然后，这可以帮助他们确定股票是面向光明还是暗淡的未来。HPK 今天的价值是多少？我们免费研究报告中的内在价值信息图有助于可视化HPK目前是否被市场错误定价。
Is HighPeak Energy Making Efficient Use Of Its Profits?
HighPeak Energy能否有效利用其利润？
HighPeak Energy's three-year median payout ratio to shareholders is 6.9%, which is quite low. This implies that the company is retaining 93% of its profits. So it looks like HighPeak Energy is reinvesting profits heavily to grow its business, which shows in its earnings growth.
HighPeak Energy的三年股东派息率中位数为6.9％，相当低。这意味着该公司保留了93％的利润。因此，看来HighPeak Energy正在大量再投资利润以发展其业务，这体现在其收益增长上。
Additionally, HighPeak Energy has paid dividends over a period of three years which means that the company is pretty serious about sharing its profits with shareholders.
此外，HighPeak Energy已在三年内派发了股息，这意味着该公司非常认真地与股东分享利润。
Summary
摘要
Overall, we are quite pleased with HighPeak Energy's performance. In particular, it's great to see that the company has seen significant growth in its earnings backed by a respectable ROE and a high reinvestment rate. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
总的来说，我们对HighPeak Energy的表现非常满意。特别是，很高兴看到该公司的收益在可观的投资回报率和高再投资率的支持下实现了显著增长。既然如此，对分析师最新预测的研究表明，预计该公司未来的收益增长将放缓。要了解有关公司未来收益增长预测的更多信息，请查看这份关于分析师预测的免费报告，以了解更多信息。
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