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Chewy, Inc.'s (NYSE:CHWY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Chewy, Inc.'s (NYSE:CHWY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Chewy, Inc.(紐交所:CHWY)的股票正在上升趨勢中:強勁的財務狀況是否引導着市場?
Simply Wall St ·  11/13 22:18

Chewy's (NYSE:CHWY) stock is up by a considerable 29% over the past three months. Since the market usually pay for a company's long-term fundamentals, we decided to study the company's key performance indicators to see if they could be influencing the market. Specifically, we decided to study Chewy's ROE in this article.

Chewy(紐交所:CHWY)的股票在過去三個月中大幅上漲了29%。由於市場通常會爲公司的長期基本面付費,我們決定研究公司的關鍵績效指標,看看它們是否可能影響了市場。具體來說,我們決定在本文中研究Chewy的roe。

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.

對於股東來說,股東回報率(ROE)是一個重要的考慮因素,因爲它告訴股東他們的資本被有效地再投資了多少。換句話說,它是一個衡量公司股東提供的資本回報率的盈利能力比率。

How Do You Calculate Return On Equity?

如何計算淨資產收益率?

Return on equity can be calculated by using the formula:

股東權益報酬率可以使用以下公式計算:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

淨資產收益率 = 淨利潤(來自持續經營) ÷ 股東權益

So, based on the above formula, the ROE for Chewy is:

因此,根據上述公式,Chewy的roe爲:

74% = US$363m ÷ US$487m (Based on the trailing twelve months to July 2024).

74%= 36300萬美元 ÷ 48700萬美元(基於截至2024年7月的過去十二個月的數據)。

The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.74 in profit.

「回報」是年度利潤。另一種思考方式是,對於每1美元的權益,公司能賺取0.74美元的利潤。

What Has ROE Got To Do With Earnings Growth?

roe與盈利增長有何關係?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.

到目前爲止,我們已經了解到roe是衡量公司利潤產生效率的指標。根據公司選擇再投資或「保留」其利潤的比例,我們隨後可以評估公司未來利潤的能力。其他條件都相同的情況下,roe和利潤保留率都較高的公司通常比沒有這些特徵的公司有更高的增長速度。

A Side By Side comparison of Chewy's Earnings Growth And 74% ROE

Chewy的盈利增長和74% roe的並列比較

To begin with, Chewy has a pretty high ROE which is interesting. Secondly, even when compared to the industry average of 19% the company's ROE is quite impressive. As a result, Chewy's exceptional 74% net income growth seen over the past five years, doesn't come as a surprise.

首先,Chewy有相當高的roe,這很有趣。其次,即使與行業平均19%相比,該公司的roe也非常令人印象深刻。因此,Chewy在過去五年中表現出色的74%淨利潤增長並不令人意外。

Next, on comparing with the industry net income growth, we found that Chewy's growth is quite high when compared to the industry average growth of 17% in the same period, which is great to see.

接下來,與行業淨利潤增長相比,我們發現Chewy在同一時期的增長相當高,比行業平均增長17%要高,這是很好的。

big
NYSE:CHWY Past Earnings Growth November 13th 2024
紐交所:CHWY過去盈利增長2024年11月13日

Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. Has the market priced in the future outlook for CHWY? You can find out in our latest intrinsic value infographic research report.

盈利增長是股票估值中的一個重要因素。對投資者來說,了解市場是否已經將公司預期的盈利增長(或下降)價格化非常重要。這有助於他們判斷股票是面臨光明未來還是黯淡未來。市場是否已經反映了CHWY的未來前景?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 Chewy Efficiently Re-investing Its Profits?

Chewy是否在有效地重新投資利潤?

Chewy doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above.

Chewy沒有向股東支付任何定期股息,這意味着該公司一直在將所有利潤重新投資到業務中。這很可能是導致上面討論的高盈利增長率的原因。

Summary

總結

On the whole, we feel that Chewy's 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, on studying the latest analyst forecasts, we found that while the company has seen growth in its past earnings, analysts expect its future earnings to shrink. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.

整體而言,我們認爲Chewy的表現相當不錯。特別是,看到公司大力投資業務並伴隨着高回報率,導致其盈利大幅增長,這一點非常棒。話雖如此,在研究最新的分析師預測時,我們發現儘管公司過去的盈利有所增長,但分析師預計其未來盈利將會減少。要了解更多關於公司未來盈利增長預測的信息,請查看關於公司分析師預測的免費報告。

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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