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A Look Into Rollins' (NYSE:ROL) Impressive Returns On Capital

A Look Into Rollins' (NYSE:ROL) Impressive Returns On Capital

看看羅林斯(紐約證券交易所代碼:ROL)令人印象深刻的資本回報率
Simply Wall St ·  05/21 15:17

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. Ergo, when we looked at the ROCE trends at Rollins (NYSE:ROL), we liked what we saw.

如果我們想找到一隻可以長期成倍增長的股票,我們應該尋找哪些潛在趨勢?首先,我們希望看到經過驗證的 返回 關於正在增加的資本使用率(ROCE),其次是擴大 基礎 所用資本的比例。這向我們表明,它是一臺複合機器,能夠持續將其收益再投資到業務中併產生更高的回報。因此,當我們查看羅林斯(紐約證券交易所代碼:ROL)的投資回報率趨勢時,我們喜歡我們所看到的。

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

資本使用回報率(ROCE):這是什麼?

For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Rollins, this is the formula:

對於那些不確定ROCE是什麼的人,它衡量的是公司從其業務中使用的資本中可以產生的稅前利潤金額。要計算羅林斯的這個指標,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)

0.30 = US$612m ÷ (US$2.7b - US$592m) (Based on the trailing twelve months to March 2024).

0.30 = 6.12億美元 ÷(27億美元-5.92億美元) (基於截至2024年3月的過去十二個月)

Thus, Rollins has an ROCE of 30%. In absolute terms that's a great return and it's even better than the Commercial Services industry average of 9.9%.

因此,羅林斯的投資回報率爲30%。從絕對值來看,這是一個不錯的回報,甚至比商業服務行業9.9%的平均水平還要好。

roce
NYSE:ROL Return on Capital Employed May 21st 2024
紐約證券交易所:ROL 2024年5月21日動用資本回報率

Above you can see how the current ROCE for Rollins 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 Rollins for free.

上面你可以看到羅林斯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羅林斯的分析師的預測。

What Can We Tell From Rollins' ROCE Trend?

我們可以從羅林斯的投資回報率趨勢中得出什麼?

In terms of Rollins' history of ROCE, it's quite impressive. The company has employed 125% more capital in the last five years, and the returns on that capital have remained stable at 30%. With returns that high, it's great that the business can continually reinvest its money at such appealing rates of return. If these trends can continue, it wouldn't surprise us if the company became a multi-bagger.

就羅林斯的ROCE歷史而言,這是相當令人印象深刻的。在過去五年中,該公司僱用的資本增加了125%,該資本的回報率一直穩定在30%。在回報如此之高的情況下,企業能夠持續以如此誘人的回報率進行資金再投資真是太好了。如果這些趨勢能夠持續下去,那麼如果公司成爲一家多口袋公司,我們也就不足爲奇了。

The Bottom Line

底線

In summary, we're delighted to see that Rollins has been compounding returns by reinvesting at consistently high rates of return, as these are common traits of a multi-bagger. On top of that, the stock has rewarded shareholders with a remarkable 102% return to those who've held over the last five years. So while investors seem to be recognizing these promising trends, we still believe the stock deserves further research.

總而言之,我們很高興看到,羅林斯一直在以持續的高回報率進行再投資,從而增加複合回報,因爲這些是多口袋投資者的共同特徵。最重要的是,該股爲股東提供了在過去五年中持股的102%的驚人回報率。因此,儘管投資者似乎意識到了這些令人鼓舞的趨勢,但我們仍然認爲該股值得進一步研究。

While Rollins looks impressive, no company is worth an infinite price. The intrinsic value infographic for ROL helps visualize whether it is currently trading for a fair price.

儘管羅林斯看起來令人印象深刻,但沒有一家公司值得付出無限的代價。ROL 的內在價值信息圖有助於可視化其當前是否以公平的價格進行交易。

High returns are a key ingredient to strong performance, so check out our free list ofstocks earning high returns on equity with solid balance sheets.

高回報是強勁表現的關鍵因素,因此請查看我們的免費股本回報率高且資產負債表穩健的股票清單。

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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