对于初学者来说,收购一家向投资者讲述一个好故事的公司似乎是一个好主意(也是一个令人兴奋的前景),即使它目前没有收入和利润的记录。有时,这些故事可能会蒙蔽投资者的头脑,导致他们以自己的情绪投资,而不是投资于良好的公司基本面。一家亏损的公司还没有用盈利来证明自己,最终外部资本的流入可能会枯竭。
热门资讯> 正文
2022-06-30 19:20
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
对于初学者来说,收购一家向投资者讲述一个好故事的公司似乎是一个好主意(也是一个令人兴奋的前景),即使它目前没有收入和利润的记录。有时,这些故事可能会蒙蔽投资者的头脑,导致他们以自己的情绪投资,而不是投资于良好的公司基本面。一家亏损的公司还没有用盈利来证明自己,最终外部资本的流入可能会枯竭。
So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Qualys (NASDAQ:QLYS). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business.
因此,如果这种高风险和高回报的想法不适合,你可能会对盈利的、成长型的公司更感兴趣,比如Qualys(纳斯达克:QLYS)。现在,这并不是说该公司提供了最好的投资机会,但盈利能力是商业成功的关键组成部分。
Check out our latest analysis for Qualys
查看我们对Qualys的最新分析
If a company can keep growing earnings per share (EPS) long enough, its share price should eventually follow. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Over the last three years, Qualys has grown EPS by 16% per year. That's a pretty good rate, if the company can sustain it.
如果一家公司能够在足够长的时间内保持每股收益(EPS)的增长,其股价最终应该会随之而来。因此,有很多投资者喜欢购买每股收益不断增长的公司的股票。在过去的三年里,Qualys的每股收益以每年16%的速度增长。这是一个相当不错的比率,如果公司能够维持下去的话。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Qualys maintained stable EBIT margins over the last year, all while growing revenue 15% to US$428m. That's encouraging news for the company!
仔细考虑收入增长和息税前利润(EBIT)利润率有助于了解最近利润增长的可持续性。Qualys在去年保持了稳定的EBIT利润率,同时收入增长了15%,达到4.28亿美元。这对公司来说是个鼓舞人心的消息!
You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.
你可以在下面的图表中看到该公司的收入和收益增长趋势。点击图表查看确切的数字。
While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Qualys?
虽然我们活在当下,但毫无疑问,在投资决策过程中,未来是最重要的。那么,为什么不查看这张描绘Qualys未来每股收益估计的互动图表呢?
We would not expect to see insiders owning a large percentage of a US$5.0b company like Qualys. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. To be specific, they have US$19m worth of shares. That shows significant buy-in, and may indicate conviction in the business strategy. Even though that's only about 0.4% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders.
我们预计不会看到内部人士拥有Qualys这样一家价值50亿美元的公司的很大比例。但由于他们对公司的投资,令人高兴的是,仍有激励措施让他们的行动与股东保持一致。具体地说,他们拥有价值1900万美元的股票。这显示出大量买入,并可能表明对商业战略的信心。尽管这只是公司约0.4%的股份,但这笔钱足以表明企业领导人和普通股东之间的关系。
As previously touched on, Qualys is a growing business, which is encouraging. 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. One of Buffett's considerations when discussing businesses is if they are capital light or capital intensive. Generally, a company with a high return on equity is capital light, and can thus fund growth more easily. So you might want to check this graph comparing Qualys' ROE with industry peers (and the market at large).
正如前面提到的,Qualys是一项不断增长的业务,这是令人鼓舞的。为了火上浇油,该公司的重大内部人士所有权是另一个亮点。这种结合非常有吸引力。因此,是的,我们确实认为这只股票值得关注。巴菲特在讨论企业时考虑的问题之一是,它们是资本密集型还是资本密集型。一般来说,股本回报率高的公司资本较少,因此更容易为增长提供资金。因此,你可能想看看这张图表,将Qualys的净资产收益率(ROE)与行业同行(以及整个市场)进行比较。
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 free list of them here.
总是有可能做得很好,购买股票不是不断增长的收入和不要有内部人士购买股票。但对于那些考虑这些重要指标的人,我们建议您查看以下公司做拥有这些功能。你可以在这里访问它们的免费列表。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意,本文中讨论的内幕交易指的是相关司法管辖区内的应报告交易。
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.
对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。