Those Who Invested in NXP Semiconductors (NASDAQ:NXPI) Five Years Ago Are up 198%
Those Who Invested in NXP Semiconductors (NASDAQ:NXPI) Five Years Ago Are up 198%
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, you can make far more than 100% on a really good stock. For example, the NXP Semiconductors N.V. (NASDAQ:NXPI) share price has soared 175% in the last half decade. Most would be very happy with that.
購買公司股票後的最劣結果（假設沒有借貸）就是您失去了所有投入的資金。但好的一面是您可以在真正好的股票上賺取超過100%的收益。例如，NXP Semiconductors N.V.（納斯達克：NXPI）的股價在過去的五年中飆升了175％，這讓大多數人都會非常高興。
So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.
因此，讓我們評估過去5年的基本面，看看它們是否和股東的回報率相符。
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 way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
引用巴菲特的話，“船隻會在世界各地航行，但扁平地球協會將空前盛行。市場上的價格和價值將繼續存在巨大差異… ”檢查市場情緒如何隨時間變化的一種方法是查看公司的股價與每股收益（EPS）之間的互動。
Over half a decade, NXP Semiconductors managed to grow its earnings per share at 10% a year. This EPS growth is lower than the 22% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. And that's hardly shocking given the track record of growth.
在過去的五年中，NXP Semiconductors每股收益增長率達到10％。這一增長率低於每股股價增長率22％的平均年增長率。這表明市場參與者目前更加看好公司。鑑於增長記錄，這並不奇怪。
The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).
下圖顯示了EPS隨時間的變化情況（如果您單擊該圖像，則可以查看更多詳細信息）。
We know that NXP Semiconductors has improved its bottom line over the last three years, but what does the future have in store? It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
我們知道NXP Semiconductors在過去三年中改善了其底線，但未來有什麼樣的發展前景呢？不妨看看我們免費的報告，了解它的財務狀況如何隨着時間的變化而變化。
What About Dividends?
那麼分紅怎麼樣呢？
When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for NXP Semiconductors the TSR over the last 5 years was 198%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!
在考慮投資回報時，重要的是考慮總股東回報（TSR）和股票回報之間的差異。 TSR包括任何剝離或折讓的資本籌集（基於股息被重新投資的假設），以及任何股息。因此，對於支付慷慨的股息公司而言，TSR通常比股票回報高得多。就中國神威藥業集團而言，其TSR在過去5年中達到了75％。這超過了我們之前提到的股票回報。該公司支付的股息已經提高了總股東回報。總股東回報和股票回報TSR包括基於假設利潤再投資的股息、可轉換增資等價值。因此，對於高額分紅的公司而言，TSR通常比股價回報高得多。我們注意到，對於NXP Semiconductors，過去5年的TSR爲198％，高於上面提到的股價回報率。顯然，分紅支付在很大程度上解釋了這種分歧！
A Different Perspective
不同的觀點
It's nice to see that NXP Semiconductors shareholders have received a total shareholder return of 37% over the last year. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 24% per year), it would seem that the stock's performance has improved in recent times. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that NXP Semiconductors is showing 2 warning signs in our investment analysis , you should know about...
令人高興的是，NXP Semiconductors股東在過去一年中獲得了37％的總股東回報。當然，這其中包括股息。由於一年的TSR比五年的TSR（後者每年爲24％）更好，這似乎表明該股的表現近期有所改善。鑑於股價動能仍然強勁，不妨仔細研究股票，以免錯過機會。雖然考慮市場狀況可能對股價產生不同的影響很重要，但仍需注意，NXP Semiconductors在我們的投資分析中顯示了2個警告信號，您需要了解......
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation).
如果您喜歡與管理層一起購買股票，那麼您可能會喜歡這個公司的免費列表。 （提示：其中許多公司不爲人注意且具有吸引力的估值。）
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，本文所引述的市場回報反映了目前在美國交易所上市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.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。