MNTN 的业务表现良好——销售额增长 10%、利润增长 14%、EBITDA 更高、现金流强劲且杠杆低——其目标估值意味着市盈率为 30。但每股收益为 12，而股价为 300，这些利好似乎已被计入价格。
逐段跳播
这是 Motion 的目标估值，市盈率为30。得益于良好的需求，业务表现不错，销售增长10%，利润增长14%，EBITDA 更高，一切看起来都很好，现金流强劲，杠杆率低，资本配置用于并购、资本支出、股息、股票回购等等。大家都很满意，一切看起来都很好。
This is Motion's target valuation at a price-to-earnings ratio of 30. The business is doing well thanks to good demand , contributing factors, a 10% increase in sales, a 14% increase in profits, higher EBITDA, everything looks good, strong cash flow, low leverage ratios, capital allocation for mergers and acquisitions, capital expenditures, dividends, share buybacks, and more. Everyone is happy, and everything looks good.
但话说回来，每股收益是12，而股价是300。所以，似乎所有积极的因素都已经反映在价格中了。
But again, earnings per share are 12 compared to a share price of 300. So, it seems that all the positive things have been taken into account in the price.