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Returns On Capital Are A Standout For Cimpress (NASDAQ:CMPR)

Returns On Capital Are A Standout For Cimpress (NASDAQ:CMPR)

資本回報率是Cimpress的突出表現(納斯達克股票代碼:CMPR)
Simply Wall St ·  05/06 06:44

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of Cimpress (NASDAQ:CMPR) looks great, so lets see what the trend can tell us.

要找到一隻多袋裝箱的股票,我們應該在企業中尋找哪些潛在趨勢?首先,我們想找一個正在成長的 返回 關於已用資本(ROCE),然後除此之外,還不斷增加 基礎 所用資本的比例。歸根結底,這表明這是一家以更高的回報率對利潤進行再投資的企業。考慮到這一點,Cimpress(納斯達克股票代碼:CMPR)的投資回報率看起來不錯,所以讓我們看看趨勢能告訴我們什麼。

Return On Capital Employed (ROCE): What Is It?

資本使用回報率(ROCE):這是什麼?

For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Cimpress, this is the formula:

對於那些不知道的人來說,ROCE是衡量公司年度稅前利潤(其回報率)的指標,相對於該業務使用的資本。要計算 Cimpress 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)

0.21 = US$241m ÷ (US$1.8b - US$636m) (Based on the trailing twelve months to March 2024).

0.21 = 2.41億美元 ÷(18億美元-6.36億美元) (基於截至2024年3月的過去十二個月)

Thus, Cimpress has an ROCE of 21%. That's a fantastic return and not only that, it outpaces the average of 10% earned by companies in a similar industry.

因此,Cimpress 的投資回報率爲 21%。這是一個了不起的回報,不僅如此,它還超過了類似行業公司的平均10%。

roce
NasdaqGS:CMPR Return on Capital Employed May 6th 2024
納斯達克證券交易所:CMPR 2024年5月6日動用資本回報率

Above you can see how the current ROCE for Cimpress compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Cimpress for free.

在上面你可以看到Cimpress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。如果你願意,你可以免費查看報道Cimpress的分析師的預測。

How Are Returns Trending?

退貨趨勢如何?

Cimpress has not disappointed with their ROCE growth. Looking at the data, we can see that even though capital employed in the business has remained relatively flat, the ROCE generated has risen by 98% over the last five years. So our take on this is that the business has increased efficiencies to generate these higher returns, all the while not needing to make any additional investments. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward.

Cimpress 對其 ROCE 的增長並沒有感到失望。從數據來看,我們可以看到,儘管該業務中使用的資本保持相對平穩,但在過去五年中,產生的投資回報率增長了98%。因此,我們的看法是,企業提高了效率以產生更高的回報,同時無需進行任何額外投資。在這方面,情況看起來不錯,因此值得探討管理層對未來增長計劃的看法。

The Bottom Line

底線

To bring it all together, Cimpress has done well to increase the returns it's generating from its capital employed. And given the stock has remained rather flat over the last five years, there might be an opportunity here if other metrics are strong. So researching this company further and determining whether or not these trends will continue seems justified.

綜上所述,Cimpress在增加其使用資本產生的回報方面做得很好。鑑於該股在過去五年中一直保持相當平穩,如果其他指標表現強勁,這裏可能會有機會。因此,進一步研究這家公司並確定這些趨勢是否會持續下去似乎是合理的。

If you want to continue researching Cimpress, you might be interested to know about the 1 warning sign that our analysis has discovered.

如果你想繼續研究Cimpress,你可能有興趣了解我們的分析發現的1個警告信號。

If you'd like to see other companies earning high returns, check out our free list of companies earning high returns with solid balance sheets here.

如果您想看到其他公司獲得高回報,請在此處查看我們的免費高回報且資產負債表穩健的公司名單。

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.

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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