Ngokuthenga isikhwama senkomba, abatshalizimali bangakwazi ukulinganisa isilinganiso sembuyiselo yemakethe.Kodwa abaningi bethu balokotha baphuphe ngezinzuzo ezinkulu, futhi bazakhele iphothifoliyo ngokwethu.Vele ubheke i-WP Carey Inc. (NYSE:WPC), ekhuphuke ngo-43%, ngaphezu kweminyaka emithathu, ishaya ngokuzwakalayo ukubuyiselwa kwemakethe kuka-33% (okungabandakanyi izinzuzo).
Ukuchaza u-Benjamin Graham: Esikhathini esifushane imakethe ingumshini wokuvota, kodwa ngokuhamba kwesikhathi iwumshini wokukala.Ngokuqhathanisa amaholo ngesheya ngalinye (EPS) kanye nokushintsha kwentengo yezabelo ngokuhamba kwesikhathi, singathola umuzwa wokuthi izimo zengqondo zabatshalizimali enkampanini zishintshe kanjani ngokuhamba kwesikhathi.
I-WP Carey ikwazile ukukhulisa i-EPS yayo ngo-17% ngonyaka phakathi neminyaka emithathu, ithumela inani lentengo eliphakeme.Isilinganiso sokunyuka kwentengo yamasheya yonyaka ngo-13% empeleni siphansi kunokukhula kwe-EPS.Ngakho-ke kubonakala sengathi abatshalizimali sebeyiqaphele kakhulu inkampani, ngokuhamba kwesikhathi.
Ungabona ngezansi ukuthi i-EPS ishintshe kanjani ngokuhamba kwesikhathi (thola amanani aqondile ngokuchofoza esithombeni).
Sikubona kukuhle ukuthi abangaphakathi benze ukuthenga okubalulekile onyakeni odlule.Sengikushilo lokho, abantu abaningi babheka imali engenayo kanye nezitayela zokukhula kwemali engenayo njengomhlahlandlela ozuzisa kakhulu ebhizinisini.Ngena ujule enzuzweni ngokubheka le grafu esebenzisanayo yeholo le-WP Carey, imali engenayo nokugeleza kwemali.
Uma ubheka imbuyiselo yokutshalwa kwezimali, kubalulekile ukucabangela umehluko phakathi kwembuyiselo yomnikazi wamasheya ephelele (TSR) kanye nembuyiselo yenani lokwabelana.Nakuba ukubuyiselwa kwentengo yamasheya kubonisa kuphela ushintsho enanini lesabelo, i-TSR ihlanganisa ivelu yezabelo (kucatshangwa ukuthi ziphinde zatshalwa) kanye nenzuzo yanoma yikuphi ukukhushulwa kwenkunzi okunesaphulelo noma ukushintshwa.Kulungile ukusho ukuthi i-TSR inikeza isithombe esiphelele samasheya akhokha i-dividend.Siyaqaphela ukuthi ku-WP Carey i-TSR eminyakeni engu-3 edlule yayingu-71%, okuyinto engcono kunembuyiselo yentengo yamasheya okukhulunywe ngenhla.Lokhu ikakhulukazi kuwumphumela wezinkokhelo zayo zezabelo!
Siyajabula ukubika ukuthi abaninimasheya be-WP Carey bathole imbuyiselo ephelele yabanikazi bamasheya engu-50% esikhathini esingangonyaka owodwa.Lokho kufaka phakathi i-dividend.Leyo nzuzo ingcono kune-TSR yonyaka eminyakeni emihlanu, engama-14%.Ngakho-ke kubukeka sengathi imizwa ezungeze inkampani ibimuhle muva nje.Umuntu onombono wethemba angabuka ukuthuthuka kwakamuva kwe-TSR njengokukhombisa ukuthi ibhizinisi ngokwalo liya liba ngcono ngokuhamba kwesikhathi.Abatshalizimali abathanda ukwenza imali bavamise ukuhlola ngokuthenga ngaphakathi, njengenani elikhokhiwe, kanye nenani eliphelele elithengiwe.Ungathola mayelana nokuthengwa kwangaphakathi kwe-WP Carey ngokuchofoza lesi sixhumanisi.
I-WP Carey akusona kuphela isitoko esithengwa ngabangaphakathi.Kulabo abathanda ukuthola ama-investimenti awinayo lolu hlu lwamahhala lwezinkampani ezikhulayo ezisanda kuthenga ngaphakathi, kungaba ithikithi nje.
Sicela uqaphele, izimbuyiselo zemakethe ezicashunwe kulesi sihloko zibonisa imbuyiselo emaphakathi enesisindo sezimakethe ezihweba manje ngokuhwebelana kwase-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.
Isikhathi sokuthumela: Jan-09-2020