Despite a promising forecast, the company's low P/E ratio indicates a lack of investor confidence in meeting future growth expectations, probably due to anticipated earnings instability. Investors should be cautious as the firm has shown 3 warning signs in recent analysis.
Unless there's a significant shift in ROCE and more investments, Travel + Leisure may not become a multi-bagger. Limited stock returns could be driven by underlying trends recognized by investors. Look elsewhere for multi-bagger opportunities.
$Travel Plus Leisure(TNL.US)$是2006年以32.5美元上市的美國公司,目前價格46.4,考慮到中間有過一次45131拆10萬,平均回報率爲7.5%,還算可以。 疫情前營收就開始下降,不過2019年止住了跌勢。2021年利潤恢復到3.1億。2022前兩季度利潤達到1.5億,全年應該能實現增長。 利潤表顯示利息負擔很重,2021年達到營業利潤的30%,資產負債表顯示長期借款52億,而公司沒有什麼淨資產。公司的應收帳款也很高,達到了25億,達到營收的80%,這個比例很不正常。同時公司庫存股達到65億,在負債率這麼高的情況下保留這個數量的庫存股很不合理,股票吸引力不大。
Travel Plus Leisure股票討論區
疫情前營收就開始下降,不過2019年止住了跌勢。2021年利潤恢復到3.1億。2022前兩季度利潤達到1.5億,全年應該能實現增長。
利潤表顯示利息負擔很重,2021年達到營業利潤的30%,資產負債表顯示長期借款52億,而公司沒有什麼淨資產。公司的應收帳款也很高,達到了25億,達到營收的80%,這個比例很不正常。同時公司庫存股達到65億,在負債率這麼高的情況下保留這個數量的庫存股很不合理,股票吸引力不大。
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