share_log

The 31% Return This Week Takes First Solar's (NASDAQ:FSLR) Shareholders Five-year Gains to 335%

The 31% Return This Week Takes First Solar's (NASDAQ:FSLR) Shareholders Five-year Gains to 335%

本週31%的回報率使第一太陽能(納斯達克股票代碼:FSLR)股東的五年收益達到335%
Simply Wall St ·  05/24 02:07

For many, the main point of investing in the stock market is to achieve spectacular returns. And we've seen some truly amazing gains over the years. Don't believe it? Then look at the First Solar, Inc. (NASDAQ:FSLR) share price. It's 335% higher than it was five years ago. This just goes to show the value creation that some businesses can achieve. On top of that, the share price is up 74% in about a quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report.

對於許多人來說,投資股票市場的要點是獲得可觀的回報。這些年來,我們已經看到了一些非常驚人的成果。不相信?然後看看第一太陽能公司(納斯達克股票代碼:FSLR)的股價。它比五年前高出335%。這只是表明一些企業可以實現的價值創造。最重要的是,股價在大約一個季度內上漲了74%。這可能與最近發佈的最新財務業績有關——您可以通過閱讀我們的公司報告來了解最新的數據。

Since it's been a strong week for First Solar shareholders, let's have a look at trend of the longer term fundamentals.

由於對於First Solar股東來說,這是強勁的一週,讓我們來看看長期基本面的趨勢。

To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

引用巴菲特的話說:“船隻將在世界各地航行,但Flat Earth Society將蓬勃發展。市場上的價格和價值之間將繼續存在巨大差異...”考慮市場對公司的看法發生了怎樣的變化的一種不完美但簡單的方法是將每股收益(EPS)的變化與股價走勢進行比較。

During the five years of share price growth, First Solar moved from a loss to profitability. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains. Given that the company made a profit three years ago, but not five years ago, it is worth looking at the share price returns over the last three years, too. Indeed, the First Solar share price has gained 225% in three years. During the same period, EPS grew by 25% each year. Notably, the EPS growth has been slower than the annualised share price gain of 48% over three years. So it's fair to assume the market has a higher opinion of the business than it did three years ago.

在股價增長的五年中,First Solar從虧損轉爲盈利。有時,盈利能力的開始是一個重要的轉折點,這可能預示着收益的快速增長,這反過來又證明了股價的強勁上漲是合理的。鑑於該公司在三年前實現了盈利,但不是在五年前盈利,因此過去三年的股價回報也值得一看。事實上,First Solar的股價在三年內上漲了225%。同期,每股收益每年增長25%。值得注意的是,每股收益的增長低於三年來48%的年化股價漲幅。因此,可以公平地假設市場對該業務的看法比三年前更高。

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

您可以在下圖中看到 EPS 隨時間推移的變化(點擊圖表查看確切值)。

earnings-per-share-growth
NasdaqGS:FSLR Earnings Per Share Growth May 23rd 2024
納斯達克GS:FSLR 每股收益增長 2024 年 5 月 23 日

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. Dive deeper into the earnings by checking this interactive graph of First Solar'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。查看這張First Solar收益、收入和現金流的交互式圖表,深入了解收益。

A Different Perspective

不同的視角

First Solar shareholders gained a total return of 27% during the year. Unfortunately this falls short of the market return. If we look back over five years, the returns are even better, coming in at 34% per year for five years. It may well be that this is a business worth popping on the watching, given the continuing positive reception, over time, from the market. It's always interesting to track share price performance over the longer term. But to understand First Solar better, we need to consider many other factors. Take risks, for example - First Solar has 2 warning signs (and 1 which doesn't sit too well with us) we think you should know about.

第一太陽能股東在年內獲得了27%的總回報。不幸的是,這沒有達到市場回報率。如果我們回顧五年,回報率甚至更高,五年內每年爲34%。鑑於隨着時間的推移,市場持續給予積極的歡迎,這很可能是一項值得關注的業務。長期跟蹤股價表現總是很有意思的。但是,爲了更好地了解First Solar,我們需要考慮許多其他因素。例如,冒險吧——First Solar有2個警告標誌(其中一個對我們來說不太合適),我們認爲你應該知道。

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar).

如果你想和管理層一起購買股票,那麼你可能會喜歡這份免費的公司清單。(提示:它們中的大多數都在雷達下飛行)。

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。


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。
    搶先評論