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ON Semiconductor (NASDAQ:ON) Ticks All The Boxes When It Comes To Earnings Growth

ON Semiconductor (NASDAQ:ON) Ticks All The Boxes When It Comes To Earnings Growth

安森美半導體(納斯達克股票代碼:ON)在收益增長方面滿足了所有條件
Simply Wall St ·  03/21 06:39

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.

對一些投機者來說,投資一家能夠扭轉命運的公司的興奮感是一個很大的吸引力,因此,即使是沒有收入、沒有利潤、有虧損記錄的公司,也可以設法找到投資者。不幸的是,這些高風險投資通常幾乎不可能獲得回報,許多投資者爲吸取教訓付出了代價。虧損的公司總是與時間賽跑以實現財務可持續性,因此這些公司的投資者承擔的風險可能超出了應有的範圍。

In contrast to all that, many investors prefer to focus on companies like ON Semiconductor (NASDAQ:ON), which has not only revenues, but also profits. Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide ON Semiconductor with the means to add long-term value to shareholders.

與此形成鮮明對比的是,許多投資者更願意關注安森美半導體(納斯達克股票代碼:ON)這樣的公司,該公司不僅有收入,還有利潤。即使市場對這家公司進行了合理的估值,投資者也會同意,創造穩定的利潤將繼續爲安森美半導體提供爲股東增加長期價值的手段。

ON Semiconductor's Improving Profits

安森美半導體的利潤改善

Over the last three years, ON Semiconductor has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. Thus, it makes sense to focus on more recent growth rates, instead. It's good to see that ON Semiconductor's EPS has grown from US$4.39 to US$5.11 over twelve months. This amounts to a 16% gain; a figure that shareholders will be pleased to see.

在過去三年中,安森美半導體以同樣驚人的速度從相對較低的點增長了每股收益(EPS),從而實現了三年的百分比增長率,這並不能特別表明未來的預期表現。因此,將重點放在最近的增長率上是有意義的。很高興看到安森美半導體的每股收益在十二個月內從4.39美元增長到5.11美元。這相當於增長了16%;股東們會很高興看到這個數字。

Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. It was a year of stability for ON Semiconductor as both revenue and EBIT margins remained have been flat over the past year. That's not bad, but it doesn't point to ongoing future growth, either.

收入增長是可持續增長的重要指標,再加上較高的息稅前收益(EBIT)利潤率,這是公司保持市場競爭優勢的好方法。這是安森美半導體穩定的一年,因爲在過去的一年中,收入和息稅前利潤率都保持不變。這還不錯,但也並不意味着未來的持續增長。

In the chart below, you can see how the company has grown earnings and revenue, over time. For finer detail, click on the image.

在下圖中,您可以看到公司如何隨着時間的推移實現收益和收入的增長。要了解更多細節,請點擊圖片。

earnings-and-revenue-history
NasdaqGS:ON Earnings and Revenue History March 21st 2024
NASDAQGS: 論2024年3月21日的收益和收入歷史記錄

Fortunately, we've got access to analyst forecasts of ON Semiconductor's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.

幸運的是,我們可以獲得分析師對安森美半導體的預測 將來 利潤。你可以不看就自己做預測,也可以看看專業人士的預測。

Are ON Semiconductor Insiders Aligned With All Shareholders?

安森美半導體內部人士是否與所有股東保持一致?

We would not expect to see insiders owning a large percentage of a US$32b company like ON Semiconductor. But we are reassured by the fact they have invested in the company. Indeed, they have a considerable amount of wealth invested in it, currently valued at US$114m. We note that this amounts to 0.4% of the company, which may be small owing to the sheer size of ON Semiconductor but it's still worth mentioning. This still shows shareholders there is a degree of alignment between management and themselves.

我們預計不會看到內部人士擁有像安森美半導體這樣的320億美元公司的很大一部分股份。但是他們投資了該公司,這讓我們感到放心。事實上,他們有大量的財富投資於此,目前價值1.14億美元。我們注意到,這佔該公司的0.4%,由於安森美半導體的龐大規模,這可能很小,但仍然值得一提。這仍然表明股東管理層與他們自己之間存在一定程度的一致性。

Is ON Semiconductor Worth Keeping An Eye On?

安森美半導體值得關注嗎?

One important encouraging feature of ON Semiconductor is that it is growing profits. To add an extra spark to the fire, significant insider ownership in the company is another highlight. That combination is very appealing. So yes, we do think the stock is worth keeping an eye on. Before you take the next step you should know about the 1 warning sign for ON Semiconductor that we have uncovered.

安森美半導體的一個重要令人鼓舞的特點是利潤不斷增長。另一亮點是該公司擁有大量的內部所有權,這爲火上澆油。這種組合非常吸引人。所以是的,我們確實認爲這隻股票值得關注。在採取下一步行動之前,您應該了解我們發現的安森美半導體的 1 個警告信號。

There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of companies which have demonstrated growth backed by recent insider purchases.

買入這樣的股票總是有可能表現不錯 不是 不斷增長的收入和 不要 讓內部人士購買股票。但是,對於那些考慮這些重要指標的人,我們鼓勵您查看具有這些功能的公司。您可以訪問量身定製的公司名單,這些公司在近期內幕收購的支持下實現了增長。

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

請注意,本文中討論的內幕交易是指相關司法管轄區內應報告的交易。

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?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
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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