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Bumitama Agri (SGX:P8Z) Is Achieving High Returns On Its Capital

Bumitama Agri (SGX:P8Z) Is Achieving High Returns On Its Capital

Bumitama Agri(新加坡證券交易所股票代碼:P8Z)正在實現高資本回報
Simply Wall St ·  05/23 06:43

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. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Speaking of which, we noticed some great changes in Bumitama Agri's (SGX:P8Z) returns on capital, so let's have a look.

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。如果你看到這一點,這通常意味着它是一家擁有良好商業模式和大量盈利再投資機會的公司。說到這裏,我們注意到Bumitama Agri(新加坡證券交易所:P8Z)的資本回報率發生了一些重大變化,所以讓我們來看看吧。

Understanding Return On Capital Employed (ROCE)

了解資本使用回報率 (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. To calculate this metric for Bumitama Agri, this is the formula:

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。要計算 Bumitama Agri 的這個指標,公式如下:

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)

0.21 = Rp3.7t ÷ (Rp19t - Rp2.1t) (Based on the trailing twelve months to December 2023).

0.21 = rp3.7t ÷ (rp19t-rp2.1t) (基於截至2023年12月的過去十二個月)

Therefore, Bumitama Agri has an ROCE of 21%. In absolute terms that's a great return and it's even better than the Food industry average of 7.6%.

因此,Bumitama Agri的投資回報率爲21%。從絕對值來看,這是一個不錯的回報,甚至比食品行業7.6%的平均水平還要好。

roce
SGX:P8Z Return on Capital Employed May 22nd 2024
新加坡證券交易所:P8Z 已動用資本回報率 2024 年 5 月 22 日

Above you can see how the current ROCE for Bumitama Agri compares to its prior returns on capital, but there's only so much you can tell from the past. If you're interested, you can view the analysts predictions in our free analyst report for Bumitama Agri .

在上面你可以看到Bumitama Agri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。如果您有興趣,可以在我們的免費Bumitama Agri分析師報告中查看分析師的預測。

How Are Returns Trending?

退貨趨勢如何?

Bumitama Agri is displaying some positive trends. Over the last five years, returns on capital employed have risen substantially to 21%. The amount of capital employed has increased too, by 70%. So we're very much inspired by what we're seeing at Bumitama Agri thanks to its ability to profitably reinvest capital.

Bumitama Agri顯示出一些積極的趨勢。在過去五年中,已動用資本回報率大幅上升至21%。使用的資本金額也增加了70%。因此,我們在Bumitama Agri看到的情況給我們帶來了極大的啓發,這要歸功於它能夠盈利地進行資本再投資。

On a related note, the company's ratio of current liabilities to total assets has decreased to 11%, which basically reduces it's funding from the likes of short-term creditors or suppliers. This tells us that Bumitama Agri has grown its returns without a reliance on increasing their current liabilities, which we're very happy with.

與此相關的是,該公司的流動負債佔總資產的比率已降至11%,這基本上減少了來自短期債權人或供應商等機構的融資。這告訴我們,Bumitama Agri在不依賴增加流動負債的情況下增加了回報,我們對此感到非常滿意。

Our Take On Bumitama Agri's ROCE

我們對 Bumitama Agri 的 ROCE 的看法

All in all, it's terrific to see that Bumitama Agri is reaping the rewards from prior investments and is growing its capital base. And with a respectable 47% awarded to those who held the stock over the last five years, you could argue that these developments are starting to get the attention they deserve. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.

總而言之,看到Bumitama Agri從先前的投資中獲得回報並擴大其資本基礎真是太棒了。而且,在過去五年中持有該股票的人將獲得可觀的47%的獎勵,你可以說這些發展已開始得到應有的關注。話雖如此,我們仍然認爲前景良好的基本面意味着公司值得進一步的盡職調查。

One final note, you should learn about the 2 warning signs we've spotted with Bumitama Agri (including 1 which is a bit concerning) .

最後一點是,你應該了解一下我們在Bumitama Agri身上發現的兩個警告信號(包括一個有點令人擔憂的警告)。

High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.

高回報是強勁表現的關鍵因素,因此請查看我們的免費股本回報率高且資產負債表穩健的股票清單。

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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