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Returns On Capital Are Showing Encouraging Signs At VirTra (NASDAQ:VTSI)

Returns On Capital Are Showing Encouraging Signs At VirTra (NASDAQ:VTSI)

VirTra(納斯達克股票代碼:VTSI)的資本回報率顯示出令人鼓舞的跡象
Simply Wall St ·  05/21 11:42

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, we've noticed some promising trends at VirTra (NASDAQ:VTSI) so let's look a bit deeper.

尋找具有大幅增長潛力的企業並不容易,但如果我們看幾個關鍵的財務指標,這是可能的。通常,我們希望注意到增長的趨勢 返回 在資本使用率(ROCE)方面,除此之外,還在擴大 基礎 所用資本的比例。簡而言之,這些類型的企業是複合機器,這意味着他們不斷以更高的回報率對收益進行再投資。考慮到這一點,我們注意到VirTra(納斯達克股票代碼:VTSI)的一些令人鼓舞的趨勢,所以讓我們更深入地了解一下。

What Is Return On Capital Employed (ROCE)?

什麼是資本使用回報率(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. To calculate this metric for VirTra, this is the formula:

如果你以前沒有與ROCE合作過,它會衡量公司從其業務中使用的資本中產生的 “回報”(稅前利潤)。要計算 VirTra 的這個指標,公式如下:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

已動用資本回報率 = 息稅前收益 (EBIT) ¥(總資產-流動負債)

0.14 = US$7.6m ÷ (US$69m - US$14m) (Based on the trailing twelve months to March 2024).

0.14 = 760 萬美元 ÷(6,900 萬美元-1400 萬美元) (基於截至2024年3月的過去十二個月)

Therefore, VirTra has an ROCE of 14%. In absolute terms, that's a satisfactory return, but compared to the Aerospace & Defense industry average of 10.0% it's much better.

因此,VirTra的投資回報率爲14%。從絕對值來看,這是一個令人滿意的回報,但與航空航天和國防行業的平均水平10.0%相比,回報要好得多。

roce
NasdaqCM:VTSI Return on Capital Employed May 21st 2024
納斯達克股票代碼:VTSI 2024年5月21日動用資本回報率

Above you can see how the current ROCE for VirTra compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for VirTra .

在上面你可以看到VirTra當前的投資回報率與其先前的資本回報率相比如何,但從過去可以看出來的只有那麼多。如果您想了解分析師對未來的預測,則應查看我們爲VirTra提供的免費分析師報告。

What The Trend Of ROCE Can Tell Us

ROCE 的趨勢能告訴我們什麼

VirTra is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 14%. Basically the business is earning more per dollar of capital invested and in addition to that, 344% more capital is being employed now too. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers.

VirTra顯示出一些積極的趨勢。數據顯示,在過去五年中,資本回報率大幅上升至14%。基本上,該企業每投資1美元的資本就能獲得更多的收入,除此之外,現在使用的資本也增加了344%。這可能表明,內部有很多機會以更高的利率進行資本投資,這種組合在多袋公司中很常見。

The Bottom Line

底線

All in all, it's terrific to see that VirTra is reaping the rewards from prior investments and is growing its capital base. And a remarkable 201% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.

總而言之,看到VirTra從先前的投資中獲得回報並正在擴大其資本基礎真是太棒了。過去五年中驚人的201%總回報率告訴我們,投資者預計未來還會有更多好事發生。話雖如此,我們仍然認爲前景良好的基本面意味着公司值得進一步的盡職調查。

One more thing, we've spotted 1 warning sign facing VirTra that you might find interesting.

還有一件事,我們發現了一個面向 VirTra 的警告標誌,你可能會覺得有趣。

If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity.

如果你想尋找收益豐厚的穩健公司,可以免費查看這份資產負債表良好且股本回報率可觀的公司名單。

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.

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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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