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Diamondback Energy's (NASDAQ:FANG) Investors Will Be Pleased With Their Impressive 200% Return Over the Last Five Years

Diamondback Energy's (NASDAQ:FANG) Investors Will Be Pleased With Their Impressive 200% Return Over the Last Five Years

diamondback energy(納斯達克:FANG)的投資者會對他們在過去五年中取得的200%的驚人回報感到滿意。
Simply Wall St ·  11/13 22:12

When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is Diamondback Energy, Inc. (NASDAQ:FANG) which saw its share price drive 142% higher over five years. Meanwhile the share price is 2.4% higher than it was a week ago.

當你購買公司股票時,值得記住它可能會失敗,你可能會虧錢。但是從積極的一面來看,如果你以合適的價格買入一家高質量的公司股票,你可以獲利超過100%。一個很好的例子是diamondback energy公司 (納斯達克:FANG),在過去五年裏,其股價上漲了142%。與此同時,股價比一週前高出了2.4%。

So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress.

那麼,讓我們調查一下並查看公司的長期表現是否符合基本業務的進展。

While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

雖然一些人仍然在教授高效市場假說,但已經證明市場是過度反應的動態系統,投資者不總是理性的。一種有缺陷但合理的評估公司情緒變化的方法是比較每股收益 (EPS) 與股價。

Over half a decade, Diamondback Energy managed to grow its earnings per share at 10% a year. This EPS growth is lower than the 19% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.

在半個世紀的時間裏,Diamondback Energy設法使每股收益以每年10%的速度增長。這種每股收益增長低於股價每年19%的平均增長率。因此,可以合理地假設市場對該公司的看法比五年前更高。考慮到增長的歷史記錄,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)。

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NasdaqGS:FANG Earnings Per Share Growth November 13th 2024
NasdaqGS:FANG每股收益增長2024年11月13日

It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. Dive deeper into the earnings by checking this interactive graph of Diamondback Energy's earnings, revenue and cash flow.

值得注意的是,我們在上個季度看到了顯著的內部買入,這在我們看來是一個積極的信號。另一方面,我們認爲營業收入和盈利趨勢更有意義,是對業務更具有意義的衡量標準。通過查看鑽石背能源的盈利、營業收入和現金流的互動圖表,深入了解盈利情況。

What About Dividends?

關於分紅派息的問題

When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Diamondback Energy's TSR for the last 5 years was 200%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!

在考慮投資回報時,重要的是要考慮總股東回報(TSR)和股價回報之間的差異。股價回報僅反映股價的變化,而TSR包括股息的價值(假設它們已被再投資)以及任何折扣資本募集或分拆的好處。因此,對於支付豐厚股息的公司來說,TSR通常比股價回報高得多。就像鑽石背能源在過去5年的TSR達到了200%一樣,這超過了之前提到的股價回報。這在很大程度上是其股息支付的結果!

A Different Perspective

另一種看法

Diamondback Energy provided a TSR of 20% over the last twelve months. Unfortunately this falls short of the market return. On the bright side, the longer term returns (running at about 25% a year, over half a decade) look better. Maybe the share price is just taking a breather while the business executes on its growth strategy. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 4 warning signs for Diamondback Energy (2 are concerning!) that you should be aware of before investing here.

鑽石背能源在過去十二個月提供了20%的TSR。不幸的是,這低於市場回報。但從積極的一面來看,長期回報(在半個多世紀內保持在約25%)看起來更好。也許股價只是在業務執行其增長策略時稍事休整。我發現長期觀察股價作爲業務表現的一種代理很有趣。但要真正獲得洞察力,我們還需要考慮其他信息。例如,我們發現了鑽石背能源的4個警示信號(其中有2個令人擔憂!)在您在此處投資之前,您應該了解這些信息。

Diamondback Energy is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying.

diamondback energy 不是唯一一隻內部人正在買入的股票。因此,請查看這份免費的小盤公司名單,這些公司以有吸引力的估值被內部人員買入。

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.

對這篇文章有反饋嗎?對內容感到擔憂嗎?請直接與我們聯繫。或者,發送電子郵件至editorial-team @ simplywallst.com。
Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。

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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