Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
It is hard to get excited after looking at Sun Country Airlines Holdings' (NASDAQ:SNCY) recent performance, when its stock has declined 41% over the past three months. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to Sun Country Airlines Holdings' ROE today.
看到太陽鄉村航空控股公司(納斯達克：SNCY)最近的表現，很難感到興奮，其股價在過去三個月裡下跌了41%。然而，仔細看看它穩健的財務狀況可能會讓你重新考慮。鑑於基本面因素通常會推動長期市場結果，該公司值得關注。今天，我們將特別關注太陽鄉村航空控股公司的淨資產收益率。
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
股本回報率(ROE)是對一家公司增值和管理投資者資金的效率的測試。簡而言之，它是用來評估一家公司相對於其權益資本的盈利能力。
View our latest analysis for Sun Country Airlines Holdings
查看我們對Sun Country Airlines Holdings的最新分析
How Do You Calculate Return On Equity?
你如何計算股本回報率？
The formula for ROE is:
這個淨資產收益率公式是：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率=(持續經營的)淨利潤？股東權益
So, based on the above formula, the ROE for Sun Country Airlines Holdings is:
因此，根據上述公式，Sun Country Airlines Holdings的淨資產收益率為：
14% = US$77m ÷ US$541m (Based on the trailing twelve months to June 2023).
14%=7700萬美元×5.41億美元(基於截至2023年6月的12個月)。
The 'return' is the amount earned after tax over the last twelve months. So, this means that for every $1 of its shareholder's investments, the company generates a profit of $0.14.
“報稅表”是過去12個月的稅後收入。因此，這意味著股東每投資1美元，公司就會產生0.14美元的利潤。
What Has ROE Got To Do With Earnings Growth?
淨資產收益率與盈利增長有什麼關係？
We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
我們已經證實，淨資產收益率是一家公司未來收益的有效盈利指標。根據公司選擇再投資或“保留”多少利潤，我們就能夠評估一家公司未來產生利潤的能力。假設其他條件相同，與沒有相同特徵的公司相比，擁有更高股本回報率和更高利潤保留率的公司通常會有更高的增長率。
Sun Country Airlines Holdings' Earnings Growth And 14% ROE
太陽鄉村航空控股的盈利增長和14%的淨資產收益率
At first glance, Sun Country Airlines Holdings seems to have a decent ROE. And on comparing with the industry, we found that the the average industry ROE is similar at 14%. This certainly adds some context to Sun Country Airlines Holdings' moderate 9.1% net income growth seen over the past five years.
乍一看，太陽鄉村航空控股公司似乎擁有不錯的淨資產收益率。並與行業進行比較，發現行業平均淨資產收益率相似，為14%。這無疑為過去五年太陽鄉村航空控股公司9.1%的淨利潤溫和增長增添了一些背景。
When you consider the fact that the industry earnings have shrunk at a rate of 8.7% in the same 5-year period, the company's net income growth is pretty remarkable.
當你考慮到該行業的收益在同一個5年內以8.7%的速度縮水的事實，該公司的淨收入增長是相當了不起的。
Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. Is Sun Country Airlines Holdings fairly valued compared to other companies? These 3 valuation measures might help you decide.
盈利增長是股票估值的一個重要因素。投資者應該嘗試確定預期的收益增長或下降是否已計入價格，無論是哪種情況。這樣做將有助於他們確定該股的未來看起來是光明的還是不祥的。與其他公司相比，太陽鄉村航空控股公司的估值是否公平？這3個估值指標可能會幫助你做出決定。
Is Sun Country Airlines Holdings Using Its Retained Earnings Effectively?
太陽鄉村航空控股公司是否有效地利用了其留存收益？
Sun Country Airlines Holdings doesn't pay any dividend, meaning that all of its profits are being reinvested in the business, which explains the fair bit of earnings growth the company has seen.
太陽鄉村航空控股公司不支付任何股息，這意味著其所有利潤都將再投資於該業務，這解釋了該公司的收益增長相當可觀。
Summary
摘要
On the whole, we feel that Sun Country Airlines Holdings' performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
整體而言，我們覺得太陽鄉村航空控股的業績相當不錯。具體地說，我們喜歡該公司將一大筆利潤以高回報率進行再投資。當然，這導致該公司的收益出現了大幅增長。儘管如此，最新的行業分析師預測顯示，該公司的收益預計將加速增長。要了解更多分析師對該公司的最新預測，請查看分析師對該公司預測的可視化。
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本文由Simply Wall St.撰寫，具有概括性.我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論，我們的文章並不打算作為財務建議.它不構成買賣任何股票的建議，也沒有考慮你的目標或你的財務狀況.我們的目標是為您帶來由基本面數據驅動的長期重點分析.請注意，我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內.Simply Wall St.對上述任何一隻股票都沒有持倉.