Emerald Resources NL's (ASX:EMR) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Simply Wall St.11-05

Emerald Resources (ASX:EMR) has had a great run on the share market with its stock up by a significant 25% over the last three months. Given the company's impressive performance, we decided to study ...

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Given the company's impressive performance, we decided to study ...</p>\n\n<a href=\"https://finance.yahoo.com/news/emerald-resources-nls-asx-emr-213854560.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4143","symbol_name":"办公服务与用品","start_time":0,"source_url":"https://finance.yahoo.com/news/emerald-resources-nls-asx-emr-213854560.html","article_id":"2481563826","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UrHBsIrR8XWjKtdqSp2vkw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/b3b5a2748dbe57dca97087f8af8726d5"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481563826","pubTimestamp":1730756334,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"Emerald Resources  has had a great run on the share market with its stock up by a significant 25% over the last three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Emerald Resources'  ROE today.Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.Return on Equity = Net Profit  ÷ Shareholders' Equity. We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or \"retains\", and how effectively it does so, we are then able to assess a company’s earnings growth potential. Generally speaking, other things being ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4143":"办公服务与用品","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","BK4588":"碎股","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4585":"ETF&股票定投概念","BK4096":"电气部件与设备","EMR.AU":"EMERALD RESOURCES NL","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","EMR":"艾默生电气","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","BK7104":"黄金","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","NL":"NL Industries Inc","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H"},"translate_title":"Emerald Resources NL(ASX：EMR)股票呈上升趋势：强劲的财务状况是否在引导市场？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NL":1,"EMR":1,"EMR.AU":1},"content_text":"Emerald Resources (ASX:EMR) has had a great run on the share market with its stock up by a significant 25% over the last three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Emerald Resources'  ROE today. \n Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. \n See our latest analysis for Emerald Resources \n How To Calculate Return On Equity? \n The formula for return on equity is: \n Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity \nSo, based on the above formula, the ROE for Emerald Resources is:\n14% = AU$81m ÷ AU$558m (Based on the trailing twelve months to June 2024).\n The 'return' refers to a company's earnings over the last year. That means that for every A$1 worth of shareholders' equity, the company generated A$0.14 in profit. \n Why Is ROE Important For Earnings Growth? \n We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Depending on how much of these profits the company reinvests or \"retains\", and how effectively it does so, we are then able to assess a company’s earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes. \n Emerald Resources' Earnings Growth And 14% ROE \n To begin with, Emerald Resources seems to have a respectable ROE. Further, the company's ROE compares quite favorably to the industry average of 12%. This certainly adds some context to Emerald Resources' exceptional 67% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For instance, the company has a low payout ratio or is being managed efficiently. \n Next, on comparing with the industry net income growth, we found that Emerald Resources' growth is quite high when compared to the industry average growth of 21% in the same period, which is great to see. \n\n\n\n  ASX:EMR Past Earnings Growth November 4th 2024\n \n\n Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Emerald Resources''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. \n Is Emerald Resources Efficiently Re-investing Its Profits? \n Emerald Resources doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. \n Conclusion \n In total, we are pretty happy with Emerald Resources' performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. \nHave 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. 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