If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So when we looked at the ROCE trend of WNS (Holdings) (NYSE:WNS) we really liked what we saw.
Understanding Return On Capital Employed (ROCE)
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for WNS (Holdings):
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.20 = US$180m ÷ (US$1.1b - US$229m) (Based on the trailing twelve months to June 2022).
So, WNS (Holdings) has an ROCE of 20%. That's a fantastic return and not only that, it outpaces the average of 12% earned by companies in a similar industry.
See our latest analysis for WNS (Holdings)
NYSE:WNS Return on Capital Employed September 20th 2022
In the above chart we have measured WNS (Holdings)'s prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free report for WNS (Holdings).
So How Is WNS (Holdings)'s ROCE Trending?
WNS (Holdings) is displaying some positive trends. Over the last five years, returns on capital employed have risen substantially to 20%. The amount of capital employed has increased too, by 56%. So we're very much inspired by what we're seeing at WNS (Holdings) thanks to its ability to profitably reinvest capital.
The Bottom Line
In summary, it's great to see that WNS (Holdings) can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. Since the stock has returned a staggering 128% to shareholders over the last five years, it looks like investors are recognizing these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.
Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our FREE intrinsic value estimation that compares the share price and estimated value.
WNS (Holdings) is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals.
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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.
如果你不确定在寻找下一个多袋子时从哪里开始,有几个关键的趋势你应该密切关注。在一个完美的世界里,我们希望看到一家公司向其业务投入更多资本,理想情况下,从这些资本中赚取的回报也在增加。简而言之,这些类型的企业是复利机器,这意味着它们不断地以越来越高的回报率对收益进行再投资。因此,当我们观察ROCE的趋势时WNS(控股)(纽约证券交易所代码:WNS)我们真的很喜欢我们所看到的。
了解资本回报率(ROCE)
如果你以前没有使用过ROCE,它衡量的是一家公司从业务资本中获得的“回报”(税前利润)。分析师使用以下公式来计算WNS(Holdings):
已动用资本回报率=息税前收益(EBIT)?(总资产-流动负债)
0.20=1.8亿美元?(11亿-2.29亿美元)(根据截至2022年6月的往绩12个月计算).
所以,WNS(Holdings)的净资产收益率为20%。这是一笔丰厚的回报,不仅如此,它还超过了同类行业公司12%的平均回报率。
查看我们对WNS(Holdings)的最新分析
纽约证券交易所:WNS资本回报率2022年9月20日
在上面的图表中,我们对比了WNS(Holdings)之前的净资产收益率(ROCE)和之前的表现,但可以说未来更重要。如果你想看看分析师对未来的预测,你应该看看我们的免费WNS(控股)的报告。
那么,WNS(Holdings)的ROCE趋势如何?
WNS(Holdings)正在显示出一些积极的趋势。在过去五年中,资本回报率大幅上升至20%。所使用的资本额也增加了56%。因此,我们对WNS(Holdings)的情况非常感兴趣,这要归功于它能够有利可图地进行资本再投资。
底线
总而言之,很高兴看到WNS(Holdings)能够通过持续以不断提高的回报率对资本进行再投资来实现复合回报,因为这些都是那些备受追捧的多重投资的关键因素。由于该股在过去五年里向股东回报了惊人的128%,看起来投资者正在认识到这些变化。话虽如此,我们仍然认为,前景看好的基本面意味着该公司值得进行进一步的尽职调查。
不过,在得出任何结论之前,我们需要知道我们目前的股价价值是多少。在那里您可以查看我们的自由内在价值估计这是对股价和估值的比较。
WNS(Holdings)并不是唯一一只获得高回报的股票。如果您想了解更多,请查看我们的免费基本面稳固、股本回报率高的公司名单。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。