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Geospace Technologies Corporation (NASDAQ:GEOS) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Geospace Technologies Corporation (NASDAQ:GEOS) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Geospace Technologies Corporation(納斯達克股票代碼:GEOS)股票最近表現疲軟,但財務狀況看起來強勁:潛在股東應該實現飛躍嗎?
Simply Wall St ·  05/14 20:59

Geospace Technologies (NASDAQ:GEOS) has had a rough week with its share price down 28%. However, stock prices are usually driven by a company's financial performance over the long term, which in this case looks quite promising. In this article, we decided to focus on Geospace Technologies' ROE.

Geospace Technologies(納斯達克股票代碼:GEOS)經歷了艱難的一週,其股價下跌了28%。但是,股票價格通常由公司的長期財務業績驅動,在這種情況下,這看起來很有希望。在本文中,我們決定重點關注地理空間技術的投資回報率。

ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.

投資回報率或股本回報率是評估公司如何有效地從股東那裏獲得投資回報的有用工具。簡而言之,它衡量公司相對於股東權益的盈利能力。

How To Calculate Return On Equity?

如何計算股本回報率?

The formula for return on equity is:

股本回報率的公式是:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

股本回報率 = 淨利潤(來自持續經營業務)÷ 股東權益

So, based on the above formula, the ROE for Geospace Technologies is:

因此,根據上述公式,地理空間技術的投資回報率爲:

11% = US$16m ÷ US$142m (Based on the trailing twelve months to March 2024).

11% = 1600萬美元 ÷ 1.42億美元(基於截至2024年3月的過去十二個月)。

The 'return' refers to a company's earnings over the last year. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.11.

“回報” 是指公司去年的收益。因此,這意味着公司每投資1美元,就會產生0.11美元的利潤。

Why Is ROE Important For Earnings Growth?

爲什麼投資回報率對收益增長很重要?

We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

我們已經確定,投資回報率是衡量公司未來收益的有效利潤創造指標。我們現在需要評估公司爲未來增長再投資或 “保留” 了多少利潤,這樣我們就可以了解公司的增長潛力。假設其他一切都保持不變,那麼與不一定具有這些特徵的公司相比,投資回報率和利潤保留率越高,公司的增長率就越高。

Geospace Technologies' Earnings Growth And 11% ROE

地理空間科技的收益增長和11%的投資回報率

To begin with, Geospace Technologies seems to have a respectable ROE. And on comparing with the industry, we found that the the average industry ROE is similar at 13%. This certainly adds some context to Geospace Technologies' exceptional 24% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.

首先,地理空間技術似乎具有可觀的投資回報率。與行業相比,我們發現行業的平均投資回報率相似,爲13%。這無疑爲Geospace Technologies在過去五年中驚人的24%淨收入增長增添了一些背景信息。我們認爲,這裏可能還有其他因素在起作用。例如,公司的管理層可能做出了一些良好的戰略決策,或者公司的派息率很低。

Next, on comparing with the industry net income growth, we found that Geospace Technologies' reported growth was lower than the industry growth of 45% over the last few years, which is not something we like to see.

接下來,與行業淨收入增長進行比較時,我們發現Geospace Technologies報告的增長低於過去幾年45%的行業增長,這不是我們希望看到的。

past-earnings-growth
NasdaqGS:GEOS Past Earnings Growth May 14th 2024
納斯達克GS:GEOS過去的收益增長 2024年5月14日

Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. Has the market priced in the future outlook for GEOS? You can find out in our latest intrinsic value infographic research report

收益增長是股票估值的重要因素。無論如何,投資者應設法確定預期的收益增長或下降是否已計入其中。然後,這可以幫助他們確定股票是面向光明還是暗淡的未來。市場對GEOS的未來展望進行了定價嗎?你可以在我們最新的內在價值信息圖研究報告中找到答案

Is Geospace Technologies Making Efficient Use Of Its Profits?

地理空間技術能否有效利用其利潤?

Geospace Technologies doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above.

Geospace Technologies不定期向股東支付任何股息,這意味着該公司一直在將所有利潤再投資於該業務。這可能是推動上述高收益增長數字的原因。

Summary

摘要

Overall, we are quite pleased with Geospace Technologies' performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see a good amount of growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. To know the 2 risks we have identified for Geospace Technologies visit our risks dashboard for free.

總的來說,我們對地理空間技術的表現非常滿意。具體而言,我們喜歡該公司以高回報率再投資其利潤的很大一部分。當然,這使該公司的收益實現了可觀的增長。考慮到每股收益如何影響長期股價,如果該公司繼續以現有方式增長收益,這可能會對其股價產生積極影響。請記住,股票的價格還取決於感知的風險。因此,在投資任何公司之前,投資者必須隨時了解所涉及的風險。要了解我們爲Geospace Technologies確定的兩種風險,請免費訪問我們的風險儀表板。

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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