Some UiPath Inc. (NYSE:PATH) Shareholders Look For Exit As Shares Take 45% Pounding
Some UiPath Inc. (NYSE:PATH) Shareholders Look For Exit As Shares Take 45% Pounding
UiPath Inc. (NYSE:PATH) shareholders that were waiting for something to happen have been dealt a blow with a 45% share price drop in the last month. The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 31% in that time.
UiPath Inc. (NYSE:PATH)的股東最近一個月遭遇了一個打擊，股價下跌了45％。過去30天的跌幅爲該公司股價在此期間下跌了31％的股東帶來了另一年的困難。
In spite of the heavy fall in price, you could still be forgiven for feeling indifferent about UiPath's P/S ratio of 4.8x, since the median price-to-sales (or "P/S") ratio for the Software industry in the United States is also close to 4.1x. Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
儘管股價大幅下跌，但您仍可以不在乎UiPath的市銷率爲4.8倍，因爲美國軟件行業的中位市銷率也接近4.1倍。但是，沒有解釋地簡單忽略市銷率是不明智的，因爲投資者可能會忽視一個明顯的機會或昂貴的錯誤。
NYSE:PATH Price to Sales Ratio vs Industry June 20th 2024
紐交所：PATH市銷率與行業板塊比較（2024年6月20日）
How UiPath Has Been Performing
UiPath的表現如何
With revenue growth that's superior to most other companies of late, UiPath has been doing relatively well. It might be that many expect the strong revenue performance to wane, which has kept the P/S ratio from rising. If not, then existing shareholders have reason to be feeling optimistic about the future direction of the share price.
UiPath的營收增長表現優於大多數其他公司，近來一直表現不錯。很可能許多人認爲強勁的營收表現會逐漸減弱，這使得市銷率沒有上升。如果不是這樣的話，那麼現有股東有理由對股價未來的方向感到樂觀。
If you'd like to see what analysts are forecasting going forward, you should check out our free report on UiPath.
如果您想查看分析師對UiPath的未來預測，應該查看我們關於UiPath的免費報告。
Is There Some Revenue Growth Forecasted For UiPath?
UiPath是否有一些營收增長預測？
In order to justify its P/S ratio, UiPath would need to produce growth that's similar to the industry.
爲了證明其市銷率的合理性，UiPath需要產生與該行業相似的增長。回顧過去一年，該公司的收入增長率達到了異常的23％。在最近的三年中，總收入也增長了99％，這得益於其短期表現。因此，我們可以肯定地說，該公司在增長收入方面做得非常好。
Retrospectively, the last year delivered an exceptional 23% gain to the company's top line. The latest three year period has also seen an excellent 99% overall rise in revenue, aided by its short-term performance. So we can start by confirming that the company has done a great job of growing revenue over that time.
現在展望未來，根據跟蹤該公司的分析師的消息，預計未來三年每年營收將增長11％。隨着該行業預計每年增長15％，該公司的營收表現將會較弱。考慮到這一點，我們發現UiPath的市銷率與其行業同行的市銷率非常接近。似乎大多數投資者忽視了相對有限的增長預期，並願意爲接觸該股票而支付更高的價格。如果市銷率降至與增長前景更爲一致的水平，這些股東可能會爲未來失望而設下陷阱。
Looking ahead now, revenue is anticipated to climb by 11% each year during the coming three years according to the analysts following the company. With the industry predicted to deliver 15% growth per year, the company is positioned for a weaker revenue result.
考慮到這一點，我們發現UiPath的市銷率與其行業同行的市銷率非常接近。似乎大多數投資者忽略了相對有限的增長預期，並願意爲接觸該股票而支付更高的價格。如果市銷率降至與增長前景更爲一致的水平，這些股東可能會爲未來失望而設下陷阱。
With this in mind, we find it intriguing that UiPath's P/S is closely matching its industry peers. It seems most investors are ignoring the fairly limited growth expectations and are willing to pay up for exposure to the stock. These shareholders may be setting themselves up for future disappointment if the P/S falls to levels more in line with the growth outlook.
UiPath的市銷率對投資者意味着什麼？
What Does UiPath's P/S Mean For Investors?
UiPath的股價暴跌後，其市銷率剛好達到行業中位數市銷率。一般來說，我們傾向於限制使用市銷率來確定市場對公司整體健康狀況的看法。
Following UiPath's share price tumble, its P/S is just clinging on to the industry median P/S. Generally, our preference is to limit the use of the price-to-sales ratio to establishing what the market thinks about the overall health of a company.
考慮到UiPath的營收增長預測與更廣泛的行業相比相對有限，看到它以目前的市銷率交易令人驚訝。當我們看到與行業相比營收前景相對較弱的公司時，我們認爲股價有下降的風險，將適度的市銷率降低。這將使股東的投資處於風險之中，潛在投資者也面臨支付不必要的溢價的危險。
Given that UiPath's revenue growth projections are relatively subdued in comparison to the wider industry, it comes as a surprise to see it trading at its current P/S ratio. When we see companies with a relatively weaker revenue outlook compared to the industry, we suspect the share price is at risk of declining, sending the moderate P/S lower. This places shareholders' investments at risk and potential investors in danger of paying an unnecessary premium.
我們不想過分挖苦UiPath，但我們還發現了3個警告信號，需要您注意。
We don't want to rain on the parade too much, but we did also find 3 warning signs for UiPath that you need to be mindful of.
我們並不想太過打擊熱情，但我們確實發現了UiPath的3個警示信號，您需要注意。
Of course, profitable companies with a history of great earnings growth are generally safer bets. So you may wish to see this free collection of other companies that have reasonable P/E ratios and have grown earnings strongly.
當然，盈利良好，具有長期強勁盈利增長曆史的公司通常是較爲安全的選擇。因此，你可能希望查看這些具有合理市盈率和強勁盈利增長表現的其他公司的免費數據合集。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
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譯文內容由第三人軟體翻譯。