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Theta老太太

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- Theta老太太Theta老太太
  ·06-12
  $HEX.HK 20250613 420.00 CALL$ 不等明天了[鬼脸]
  140 评论
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- Theta老太太Theta老太太
  ·2024-12-30
  $泡泡玛特(09992)$ 看涨看涨
  1,034 评论
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- Theta老太太Theta老太太
  ·2024-12-18
  $辉瑞(PFE)$
  1,539 评论
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- Theta老太太Theta老太太
  ·2024-12-03
  $雅诗兰黛(EL)$ 跌太多了未来看好买起来[开心] [贱笑] [得意]
  1,481 评论
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- Theta老太太Theta老太太
  ·2024-10-25
  06181
  1,962 评论
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- Theta老太太Theta老太太
  ·2024-09-18
  [吃瓜] 咱们10月下旬开奖
  雅诗兰黛受益于利润率提升，目前估值严重被低估，给予强烈买入评级
  尽管最近雅诗兰黛的股价从高位大幅下跌超过75%,但对于当前的投资价值来说,这无疑已经过于悲观了。结合公司在本财年即将实现2.88美元的每股收益,以及分析师普遍预测的6%长期年化收入增长,雅诗兰黛的估值水平显然受到了极大的挤压。这充分体现了雅诗兰黛股票目前的估值严重被低估。综合来看,雅诗兰黛的业务前景并未发生根本性恶化,利润率有望随着正常化而大幅回升,加之股价的严重低估,给予该股强烈的买入评级是完全可以理解的。
  雅诗兰黛受益于利润率提升，目前估值严重被低估，给予强烈买入评级
  1,966 评论
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- Theta老太太Theta老太太
  ·2024-03-19
  $MIU.HK 20240927 13.50 PUT$
  1,919 评论
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- Theta老太太Theta老太太
  ·2023-11-09
  $LAU.HK 20231129 105.00 PUT$ 猜个Q3营收342亿[微笑]
  7,227 评论
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- Theta老太太Theta老太太
  ·2023-10-17
  $好未来(TAL)$ 这小老虎真可爱～
  4,568 评论
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- Theta老太太Theta老太太
  ·2023-10-14
  纪念一下
  3,247 评论
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咱们10月下旬开奖","listText":"[吃瓜]&nbsp; 咱们10月下旬开奖","text":"[吃瓜] 咱们10月下旬开奖","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350795827273992","repostId":"1190701860","repostType":2,"repost":{"id":"1190701860","kind":"news","weMediaInfo":{"introduction":"为您提供最新股市深度内容和观点","home_visible":1,"media_name":"华尔街洞察","id":"1020552876","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"pubTimestamp":1726521303,"share":"https://www.laohu8.com/m/news/1190701860?lang=&edition=full","pubTime":"2024-09-17 05:15","market":"hk","language":"zh","title":"雅诗兰黛受益于利润率提升，目前估值严重被低估，给予强烈买入评级","url":"https://stock-news.laohu8.com/highlight/detail?id=1190701860","media":"华尔街洞察","summary":"尽管最近雅诗兰黛的股价从高位大幅下跌超过75%,但对于当前的投资价值来说,这无疑已经过于悲观了。结合公司在本财年即将实现2.88美元的每股收益,以及分析师普遍预测的6%长期年化收入增长,雅诗兰黛的估值水平显然受到了极大的挤压。这充分体现了雅诗兰黛股票目前的估值严重被低估。综合来看,雅诗兰黛的业务前景并未发生根本性恶化,利润率有望随着正常化而大幅回升,加之股价的严重低估,给予该股强烈的买入评级是完全可以理解的。","content":"<p>尽管最近雅诗兰黛的股价从高位大幅下跌超过75%,但对于当前的投资价值来说,这无疑已经过于悲观了。通过深入分析公司的业绩表现和估值指标,我们可以发现其股票实际上是一个非常诱人的买入机会。</p><p>首先,我们需要了解雅诗兰黛的市盈率情况。从表面上看,公司的GAAP收益市盈率达到78倍,非GAAP预期收益市盈率也有29倍,确实给人一种股价依然偏高的感觉。但如果我们深挖下去,就会发现这些最近的收益数据并未完全反映公司的真实盈利能力。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c949ab36a1d2145e5794cddd9291f66\" alt=\"图表\" title=\"图表\" tg-width=\"635\" tg-height=\"424\"><span>图表</span></p><p><br>我们可以从公司的营业利润率走势图中看出,受到新冠疫情冲击和库存积压等因素的影响,雅诗兰黛的利润率曾一度大幅下滑,触及了2008年金融危机时期的最低水平。但这种情况很可能只是暂时的,不能完全代表公司的长期前景。事实上,只要业务恢复正常,公司有望重回到2010年代后期16%的健康营业利润率水平。</p><p>根据我的分析,即便假设公司未来营业利润率仅能达到11%-11.5%的指引水平,也已经大幅好于最近的低迷表现。结合公司在本财年即将实现2.88美元的每股收益,以及分析师普遍预测的6%长期年化收入增长,雅诗兰黛的估值水平显然受到了极大的挤压。</p><p>如果公司营业利润率最终重拾14.5%甚至是18%的水平,配合160亿美元的年收入,其每股收益将分别达到5.33美元和6美元,对应当前股价的市盈率仅为16倍和14倍。这充分体现了雅诗兰黛股票目前的估值严重被低估。</p><p>不仅如此,著名投资机构Morningstar也给出了176美元的目标价值,这意味着当前股价还有超过一倍的上升空间。综合来看,雅诗兰黛的业务前景并未发生根本性恶化,利润率有望随着正常化而大幅回升,加之股价的严重低估,给予该股强烈的买入评级是完全可以理解的。</p><p>过去18个月化妆品行业备受挑战,主要源于中国市场持续疲软。许多跨国公司在中国市场都遇到销售疲弱的局面,由于当前经济低迷,消费者在非必需品上的开支意愿不强。这一趋势并非雅诗兰黛独有,行业同领军企业资生堂在亚洲市场的表现也同样不佳。</p><p>中国和东亚市场是化妆品企业重要增长引擎,但过度依赖新兴市场也暴露出一定固有风险。此外,亚洲化妆品和奢侈品市场受赠送及旅游零售影响较北美更大,经济低迷导致这类消费开支大幅下滑,这也给雅诗兰黛的业绩带来不确定性。</p><p>尽管当前不确定性较高,但我们相信中国经济增长势头最终会得以恢复,这将带动化妆品需求反弹。同时,新任CEO的管理改革将为公司注入新动能,加之旅游零售业务有望回暖,雅诗兰黛的长期发展前景依旧看好。</p><p>值得关注的是,虽然公司目前的股息收入率已超过3%,但其长期盈利能力依旧雄厚,偿债能力出众,有望维持目前高股息水平。因此,我们维持对雅诗兰黛的强烈买入评级,认为其目前股价存在较大被低估空间。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6cba724938261161bd6a683bacb3d461\" tg-width=\"635\" tg-height=\"424\"></p><p> 数据来源:YCharts</p><p>历史上,雅诗兰黛(EL.N)作为一家高增长企业,其股票估值较高,股息率通常维持在1%左右。</p><p>尽管EL.N传统上并非人们主要为获得股息而持有的那种股票,但我预计这种意外性更高的收益股将成为一个绝佳的机会。投资者可以以超过3%的初始股息收益率,持有这家具有重大长期增长前景的优质企业。</p><p>需要注意的是,本文讨论了一些不在美国主要交易所上市的证券,投资者需要充分了解相关风险。</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>雅诗兰黛受益于利润率提升，目前估值严重被低估，给予强烈买入评级</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n雅诗兰黛受益于利润率提升，目前估值严重被低估，给予强烈买入评级\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1020552876\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街洞察 </p>\n<p class=\"h-time\">2024-09-17 05:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>尽管最近雅诗兰黛的股价从高位大幅下跌超过75%,但对于当前的投资价值来说,这无疑已经过于悲观了。通过深入分析公司的业绩表现和估值指标,我们可以发现其股票实际上是一个非常诱人的买入机会。</p><p>首先,我们需要了解雅诗兰黛的市盈率情况。从表面上看,公司的GAAP收益市盈率达到78倍,非GAAP预期收益市盈率也有29倍,确实给人一种股价依然偏高的感觉。但如果我们深挖下去,就会发现这些最近的收益数据并未完全反映公司的真实盈利能力。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c949ab36a1d2145e5794cddd9291f66\" alt=\"图表\" title=\"图表\" tg-width=\"635\" tg-height=\"424\"><span>图表</span></p><p><br>我们可以从公司的营业利润率走势图中看出,受到新冠疫情冲击和库存积压等因素的影响,雅诗兰黛的利润率曾一度大幅下滑,触及了2008年金融危机时期的最低水平。但这种情况很可能只是暂时的,不能完全代表公司的长期前景。事实上,只要业务恢复正常,公司有望重回到2010年代后期16%的健康营业利润率水平。</p><p>根据我的分析,即便假设公司未来营业利润率仅能达到11%-11.5%的指引水平,也已经大幅好于最近的低迷表现。结合公司在本财年即将实现2.88美元的每股收益,以及分析师普遍预测的6%长期年化收入增长,雅诗兰黛的估值水平显然受到了极大的挤压。</p><p>如果公司营业利润率最终重拾14.5%甚至是18%的水平,配合160亿美元的年收入,其每股收益将分别达到5.33美元和6美元,对应当前股价的市盈率仅为16倍和14倍。这充分体现了雅诗兰黛股票目前的估值严重被低估。</p><p>不仅如此,著名投资机构Morningstar也给出了176美元的目标价值,这意味着当前股价还有超过一倍的上升空间。综合来看,雅诗兰黛的业务前景并未发生根本性恶化,利润率有望随着正常化而大幅回升,加之股价的严重低估,给予该股强烈的买入评级是完全可以理解的。</p><p>过去18个月化妆品行业备受挑战,主要源于中国市场持续疲软。许多跨国公司在中国市场都遇到销售疲弱的局面,由于当前经济低迷,消费者在非必需品上的开支意愿不强。这一趋势并非雅诗兰黛独有,行业同领军企业资生堂在亚洲市场的表现也同样不佳。</p><p>中国和东亚市场是化妆品企业重要增长引擎,但过度依赖新兴市场也暴露出一定固有风险。此外,亚洲化妆品和奢侈品市场受赠送及旅游零售影响较北美更大,经济低迷导致这类消费开支大幅下滑,这也给雅诗兰黛的业绩带来不确定性。</p><p>尽管当前不确定性较高,但我们相信中国经济增长势头最终会得以恢复,这将带动化妆品需求反弹。同时,新任CEO的管理改革将为公司注入新动能,加之旅游零售业务有望回暖,雅诗兰黛的长期发展前景依旧看好。</p><p>值得关注的是,虽然公司目前的股息收入率已超过3%,但其长期盈利能力依旧雄厚,偿债能力出众,有望维持目前高股息水平。因此,我们维持对雅诗兰黛的强烈买入评级,认为其目前股价存在较大被低估空间。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6cba724938261161bd6a683bacb3d461\" tg-width=\"635\" tg-height=\"424\"></p><p> 数据来源:YCharts</p><p>历史上,雅诗兰黛(EL.N)作为一家高增长企业,其股票估值较高,股息率通常维持在1%左右。</p><p>尽管EL.N传统上并非人们主要为获得股息而持有的那种股票,但我预计这种意外性更高的收益股将成为一个绝佳的机会。投资者可以以超过3%的初始股息收益率,持有这家具有重大长期增长前景的优质企业。</p><p>需要注意的是,本文讨论了一些不在美国主要交易所上市的证券,投资者需要充分了解相关风险。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU2404859741.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) INC","EL":"雅诗兰黛","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2404859667.USD":"FUNDSMITH EQUITY FUND \"R\" (USD) ACC","BK4146":"鞋类","BK4558":"双十一","BK4566":"资本集团","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","SSDOY":"资生堂","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","BK4535":"淡马锡持仓","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) 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