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We Like These Underlying Return On Capital Trends At Nabors Industries (NYSE:NBR)

We Like These Underlying Return On Capital Trends At Nabors Industries (NYSE:NBR)

我們喜歡納博斯工業公司(紐約證券交易所代碼:NBR)的這些潛在資本回報率趨勢
Simply Wall St ·  05/21 20:27

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. 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. So on that note, Nabors Industries (NYSE:NBR) looks quite promising in regards to its trends of return on capital.

如果我們想找到潛在的多袋裝袋機,通常有一些潛在的趨勢可以提供線索。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,從這個角度來看,納博斯工業公司(紐約證券交易所代碼:NBR)的資本回報率趨勢看起來相當樂觀。

Return On Capital Employed (ROCE): What Is It?

資本使用回報率(ROCE):這是什麼?

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. Analysts use this formula to calculate it for Nabors Industries:

對於那些不確定ROCE是什麼的人,它衡量的是公司從其業務中使用的資本中可以產生的稅前利潤金額。分析師使用以下公式來計算納博斯工業的計算公式:

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)

0.063 = US$256m ÷ (US$4.6b - US$602m) (Based on the trailing twelve months to March 2024).

0.063 = 2.56億美元 ÷(46億美元-6.02億美元) (基於截至2024年3月的過去十二個月)

Thus, Nabors Industries has an ROCE of 6.3%. In absolute terms, that's a low return and it also under-performs the Energy Services industry average of 12%.

因此,納博斯工業的投資回報率爲6.3%。從絕對值來看,這是一個低迴報,其表現也低於能源服務行業12%的平均水平。

roce
NYSE:NBR Return on Capital Employed May 21st 2024
紐約證券交易所:NBR 2024 年 5 月 21 日動用資本回報率

Above you can see how the current ROCE for Nabors Industries compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Nabors Industries for free.

上面你可以看到納博斯工業公司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。如果你願意,你可以免費查看報道納博斯工業的分析師的預測。

What Does the ROCE Trend For Nabors Industries Tell Us?

納博斯工業的投資回報率趨勢告訴我們什麼?

We're delighted to see that Nabors Industries is reaping rewards from its investments and has now broken into profitability. Historically the company was generating losses but as we can see from the latest figures referenced above, they're now earning 6.3% on their capital employed. Additionally, the business is utilizing 43% less capital than it was five years ago, and taken at face value, that can mean the company needs less funds at work to get a return. Nabors Industries could be selling under-performing assets since the ROCE is improving.

我們很高興看到Nabors Industries正在從其投資中獲得回報,現在已經實現盈利。從歷史上看,該公司一直在虧損,但正如我們從上面引用的最新數據中看到的那樣,他們現在的收入爲動用資本的6.3%。此外,該業務使用的資本比五年前減少了43%,按面值計算,這可能意味着公司需要更少的資金才能獲得回報。由於投資回報率有所改善,納博斯工業可能會出售表現不佳的資產。

The Bottom Line

底線

From what we've seen above, Nabors Industries has managed to increase it's returns on capital all the while reducing it's capital base. And since the stock has fallen 30% over the last five years, there might be an opportunity here. So researching this company further and determining whether or not these trends will continue seems justified.

從我們上面看到的情況來看,Nabors Industries設法提高了資本回報率,同時減少了資本基礎。而且,由於該股在過去五年中下跌了30%,因此這裏可能有機會。因此,進一步研究這家公司並確定這些趨勢是否會持續下去似乎是合理的。

Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our FREE intrinsic value estimation for NBR that compares the share price and estimated value.

但是,在得出任何結論之前,我們需要知道當前股價將獲得什麼價值。在這裏,您可以查看我們對NBR的免費內在價值估算,該估算值比較了股價和估計價值。

If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.

如果你想尋找收益豐厚的穩健公司,可以免費查看這份資產負債表良好且股本回報率可觀的公司名單。

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.

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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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