Is Weakness In Insight Enterprises, Inc. (NASDAQ:NSIT) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?
Is Weakness In Insight Enterprises, Inc. (NASDAQ:NSIT) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?
It is hard to get excited after looking at Insight Enterprises' (NASDAQ:NSIT) recent performance, when its stock has declined 22% over the past month. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Specifically, we decided to study Insight Enterprises' ROE in this article.
研究完沃特世(納斯達克:NSIT)近期表現後,很難感到興奮,因爲其股價在過去一個月下跌了22%。然而,深入了解其健康的財務狀況可能會讓您重新思考。鑑於基本面通常驅動長期市場結果,這家公司值得一看。具體來說,在這篇文章中,我們決定研究沃特世的roe。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.
淨資產收益率(roe)是衡量公司經營管理層如何有效利用公司資本的關鍵指標。換言之,它是一種利潤率,衡量由公司股東提供的資本的回報率。
How Is ROE Calculated?
淨資產收益率怎麼計算?
The formula for ROE is:
roe的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
淨資產收益率 = 淨利潤(從持續經營中獲得)÷ 股東權益
So, based on the above formula, the ROE for Insight Enterprises is:
因此,根據上述公式,沃特世的roe爲:
17% = US$303m ÷ US$1.8b (Based on the trailing twelve months to September 2024).
17% = 3,0300萬美元 ÷ 18億美元(截至2024年9月的過去十二個月)。
The 'return' is the profit over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.17 in profit.
'回報'是過去十二個月的利潤。另一種理解方式是,對於每1美元的淨資產,公司能夠賺取0.17美元的利潤。
What Has ROE Got To Do With Earnings Growth?
roe與盈利增長有何關係?
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
我們已經意識到,ROE作爲公司未來盈利的有效衡量值。根據公司重新投資或「保留」這些利潤的程度,以及公司有效地運用這些利潤的程度,我們就能評估公司的盈利增長潛力。假設其他所有因素保持不變,ROE和利潤保留越高,增長率就會越高,相比於沒有這些特點的公司,公司的增長率就會更高。
Insight Enterprises' Earnings Growth And 17% ROE
insight enterprises的盈利增長和17% roe
To start with, Insight Enterprises' ROE looks acceptable. Especially when compared to the industry average of 10% the company's ROE looks pretty impressive. This certainly adds some context to Insight Enterprises' decent 15% net income growth seen over the past five years.
首先,insight enterprises的roe看起來是可以接受的。特別是當與行業平均10%的roe相比時,公司的roe看起來相當令人印象深刻。這無疑爲過去五年內insight enterprises相當不錯的15%淨利潤增長增加了一些背景。
As a next step, we compared Insight Enterprises' net income growth with the industry and found that the company has a similar growth figure when compared with the industry average growth rate of 14% in the same period.
作爲下一步,我們將insight enterprises的淨利潤增長與行業進行了比較,發現該公司在同一時期與行業平均增長率14%相比具有類似增長數據。
Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for NSIT? You can find out in our latest intrinsic value infographic research report.
盈利增長是股票估值的一個重要因素。投資者接下來需要判斷的是,預期的盈利增長是否已經融入股價,或者缺乏盈利增長是否已經體現在股價中。通過這樣做,他們就可以判斷股票是走向清澈的藍色水域,還是等待泥濘水域。市場是否已經爲NSIT的未來展望定價?您可以在我們最新的內在價值信息圖研究報告中找到答案。
Is Insight Enterprises Making Efficient Use Of Its Profits?
Insight Enterprises是否有效地利用其利潤?
Given that Insight Enterprises doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.
考慮到Insight Enterprises不向股東支付常規的分紅,我們推斷該公司一直在將所有利潤重新投資來發展業務。
Summary
總的來說,我們對偉明環保的表現非常滿意。具體而言,我們喜歡公司以高回報率再投資了其利潤的很大一部分。當然,這導致公司的收益大幅增長。但是,最新的行業分析師預測表明,該公司的收益預計將加速增長。
On the whole, we feel that Insight Enterprises' performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.
總體來說,我們認爲Insight Enterprises的表現相當不錯。特別是,看到公司大力投入業務,並且有着高回報率,這導致了利潤的大幅增長,這一點非常令人高興。然而,最新的行業分析師預測顯示,公司的盈利增長預計會放緩。這些分析師的預期是基於行業的廣泛期望,還是基於公司的基本面?點擊這裏轉到我們的分析師預測頁面了解更多。
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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。
譯文內容由第三人軟體翻譯。