Ngokuthenga ingxowa-mali yesalathiso, abatyali-mali banokuqikelela imbuyekezo yemalike ephakathi.Kodwa abaninzi bethu banobuganga bokuphupha ngeembuyekezo ezinkulu, kwaye sizakhele ipotifoliyo ngokwethu.Jonga nje iWP Carey Inc. (NYSE: WPC), enyuka nge-43%, ngaphezu kweminyaka emithathu, ibetha ngokuvakalayo imbuyekezo yemarike ye-33% (kungabandakanyi izabelo).
Ukuchaza uBenjamin Graham: Ngexesha elifutshane imarike ngumatshini wokuvota, kodwa ekuhambeni kwexesha ngumatshini wokulinganisa.Ngokuthelekisa ingeniso ngesabelo ngasinye (EPS) kunye nokutshintsha kwamaxabiso ezabelo ngokuhamba kwexesha, sinokufumana ukuva malunga nendlela izimo zengqondo zabatyali-zimali kwinkampani eziye zatshintsha ngayo ngokuhamba kwexesha.
I-WP Carey yakwazi ukukhulisa i-EPS yayo kwi-17% ngonyaka ngaphezu kweminyaka emithathu, ukuthumela ixabiso lesabelo phezulu.Umyinge wokunyuka kwexabiso lesabelo sonyaka we-13% ngokwenene ungaphantsi kunokukhula kwe-EPS.Ke kubonakala ngathi abatyali mali baye balumka ngakumbi malunga nenkampani, ngokuhamba kwexesha.
Ungabona ngezantsi indlela i-EPS etshintshile ngayo ixesha (fumana amaxabiso achanekileyo ngokunqakraza kumfanekiso).
Sicinga ukuba kulungile ukuba abantu bangaphakathi bathenge izinto ezibalulekileyo kulo nyaka uphelileyo.Sele ndiyithethile loo nto, uninzi lwabantu luthatha imivuzo kunye neendlela zokukhula kwengeniso njengesikhokelo esinentsingiselo ngakumbi kwishishini.Ngena nzulu kwimivuzo ngokujonga le grafu yonxibelelwano yengeniso yeWP Carey, ingeniso kunye nokuhamba kwemali.
Xa kujongwe imbuyekezo yotyalo-mali, kubalulekile ukuqwalasela umahluko phakathi kwembuyekezo yomnini-zabelo iyonke (TSR) kunye nembuyekezo yexabiso lesabelo.Nangona imbuyekezo yexabiso lesabelo ibonisa kuphela utshintsho kwixabiso lesabelo, i-TSR ibandakanya ixabiso lezahlulo (kucingelwa ukuba ziye zaphinda zatyalwa) kunye nenzuzo yayo nayiphi na isaphulelo sokunyuswa kwenkunzi okanye i-spin-off.Kufanelekile ukuthetha ukuba i-TSR inika umfanekiso opheleleyo ngakumbi kwii-stocks ezihlawula i-dividend.Siyaqaphela ukuba kwi-WP Carey i-TSR kwiminyaka eyi-3 yokugqibela yayingu-71%, ongcono kunokubuyisela ixabiso lesabelo esikhankanywe ngasentla.Oku ubukhulu becala kusisiphumo sentlawulo yezahlulo!
Kuyasivuyisa ukunika ingxelo yokuba abaninizabelo beWP Carey bafumene imbuyekezo yabaninizabelo iyonke eyi-50% kwisithuba sonyaka omnye.Oko kuquka isahlulo.Loo nzuzo ingcono kune-TSR yonyaka kwiminyaka emihlanu, eyi-14%.Ke ngoko kubonakala ngathi imvakalelo ejikeleze inkampani ilungile mva nje.Umntu onombono onethemba unokujonga ukuphucuka kwamva nje kwe-TSR njengokubonisa ukuba ishishini ngokwalo liya lisiba ngcono ngokuhamba kwexesha.Abatyali-mali abathanda ukwenza imali bahlala bejonga izinto ezithengiweyo zangaphakathi, njengexabiso elihlawulweyo, kunye nesixa esipheleleyo esithengiweyo.Unokufumana malunga nokuthengwa kwangaphakathi kweWP Carey ngokuchofoza le khonkco.
I-WP Carey ayiyena kuphela isitokhwe esithengwa ngabangaphakathi.Kwabo bathanda ukufumana utyalo-mali oluphumeleleyo olu luhlu lwasimahla lweenkampani ezikhulayo ngokuthenga kwangaphakathi kwamva nje, inokuba litikiti nje.
Nceda uqaphele, imbuyekezo yemarike ecatshulwe kweli nqaku ibonisa imbuyekezo ephakathi kweemarike zesitokhwe ezirhweba ngoku kutshintshiselwano lwase-US.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
Ixesha lokuposa: Jan-09-2020