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Markel Group Inc.'s (NYSE:MKL) Stock Been Rising: Are Strong Financials Guiding The Market?

Markel Group Inc.'s (NYSE:MKL) Stock Been Rising: Are Strong Financials Guiding The Market?

標奇集團股份有限公司(紐交所:MKL)的股價一直在上漲:強勁的財務狀況引領市場嗎?
Simply Wall St ·  11/22 22:35

Most readers would already know that Markel Group's (NYSE:MKL) stock increased by 9.1% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Markel Group's ROE today.

大多數讀者可能已經知道,markel group(紐交所:MKL)的股票在過去三個月中上漲了9.1%。鑑於市場在長期內獎勵強勁的財務狀況,我們想知道這是否在此情況下成立。特別是,今天我們將關注markel group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. Put another way, it reveals the company's success at turning shareholder investments into profits.

ROE(淨資產收益率)是股東需考慮的一個重要因素,因爲它告訴他們資本被有效地再投資的效果如何。換句話說,它揭示了公司將股東的投資轉化爲利潤的成功程度。

How Is ROE Calculated?

淨資產收益率怎麼計算?

The formula for return on equity is:

權益回報率的計算公式是:

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 Markel Group is:

因此,根據上述公式,馬科集團的ROE爲:

17% = US$3.1b ÷ US$18b (Based on the trailing twelve months to September 2024).

17% = 31億美元 ÷ 180億美元(基於截至2024年9月的過去十二個月數據)。

The 'return' refers to a company's earnings over the last year. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.17.

'收益'是指公司在過去一年內的收益。因此,這意味着對於每$1的股東投資,公司產生$0.17的利潤。

What Has ROE Got To Do With Earnings Growth?

roe與盈利增長有何關係?

So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.

到目前爲止,我們已經知道roe是衡量公司盈利能力的一種方法。現在我們需要評估公司重新投資或「保留」的利潤有多少,以此來了解公司的增長潛力。一般來說,其他因素相同的情況下,roe和利潤保留都較高的公司比不具備這些屬性的公司具有更高的增長率。

A Side By Side comparison of Markel Group's Earnings Growth And 17% ROE

馬克爾集團的收益增長與17% roe的並排比較

To start with, Markel Group's ROE looks acceptable. Especially when compared to the industry average of 14% the company's ROE looks pretty impressive. Probably as a result of this, Markel Group was able to see a decent growth of 17% over the last five years.

首先,馬克爾集團的roe看起來還不錯。特別是與行業平均14%相比,該公司的roe看起來相當令人印象深刻。可能正因爲這樣,馬克爾集團在過去五年裏實現了17%的良好增長。

We then compared Markel Group's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 13% in the same 5-year period.

我們接着將馬克爾集團的淨利潤增長與行業進行了比較,令人欣慰的是,該公司的增長數字高於行業,後者在相同的五年期間的增長率爲13%。

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NYSE:MKL Past Earnings Growth November 22nd 2024
紐交所:MKL 過去的收益增長 2024年11月22日

The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. 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 MKL? You can find out in our latest intrinsic value infographic research report.

爲公司附加價值的基礎在很大程度上與其收益增長息息相關。 投資者應嘗試判斷預期的收益增長或下降,無論是哪種情況,是否已被市場定價。這也有助於他們判斷股票的未來是光明還是黯淡。市場是否已經考慮了MKL的未來展望?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 Markel Group Efficiently Re-investing Its Profits?

markel group是否有效地將其利潤再投資?

Given that Markel Group 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.

鑑於markel group沒有向其股東支付任何定期分紅,我們推測該公司一直在將所有利潤再投資以發展其業務。

Conclusion

結論

In total, we are pretty happy with Markel Group's performance. 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.

總體而言,我們對markel group的表現感到相當滿意。特別高興的是,該公司正在大力投資於其業務,並且高收益率導致其收益出現了顯著增長。話雖如此,在研究最新的分析師預測時,我們發現雖然該公司在過去的收益中看到了增長,但分析師預計其未來收益將會縮水。要了解更多關於公司未來收益增長預測的信息,請查看這份關於該公司的分析師預測的免費報告。

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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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