Darling Ingredients' (NYSE:DAR) stock is up by a considerable 35% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to Darling Ingredients' ROE today.

达令配料公司(纽约证券交易所:DAR)的股票在过去三个月里上涨了35%。考虑到市场长期会奖励强劲的金融类股，我们想知道这次的情况是否也是如此。今天我们会特别关注达令食材的鱼子。

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

净资产收益率(ROE)是股东考虑的一个重要因素，因为它告诉他们资本再投资的效率如何。简而言之，净资产收益率显示了每一美元产生的与股东投资相关的利润。

See our latest analysis for Darling Ingredients How Do You Calculate Return On Equity?

你如何计算股本回报率?

The formula for ROE is:

ROE的公式为:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

净资产收益率=净利润(来自持续经营)÷股东权益

So, based on the above formula, the ROE for Darling Ingredients is:

所以，根据以上公式，达令配料的ROE是:

10% = US$300m ÷ US$3.0b (Based on the trailing twelve months to January 2021).

10% = 3亿美元÷ 30亿美元(基于截至2021年1月的过去12个月)。

The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.10 in profit.What Is The Relationship Between ROE And Earnings Growth?

“回报”是指过去12个月的利润。一个概念化的方法是，公司每拥有1美元股东资本，就能获得0.1美元的利润。净资产收益率和收益增长之间的关系是什么?

So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. 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.Darling Ingredients' Earnings Growth And 10% ROE

到目前为止，我们已经了解到ROE是衡量公司盈利能力的指标。根据公司选择再投资或“保留”多少利润，我们就能够评估一家公司未来产生利润的能力。一般来说，在其他条件相同的情况下，拥有高股本回报率和利润留存率的公司比没有这些属性的公司有更高的增长率。达令配料的收益增长和10%的股本回报率

To start with, Darling Ingredients' ROE looks acceptable. Further, the company's ROE is similar to the industry average of 10%. This probably goes some way in explaining Darling Ingredients' significant 33% net income growth over the past five years amongst other factors. We believe that there might also be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.

首先，达林食材的鱼子看起来还可以接受。此外，该公司的股本回报率接近行业平均水平10%。这可能在一定程度上解释了Darling配料公司过去五年净利润增长33%的原因。我们认为，可能还有其他方面对该公司的盈利增长产生积极影响。例如——高收益保留或有效的管理到位。

When you consider the fact that the industry earnings have shrunk at a rate of 2.1% in the same period, the company's net income growth is pretty remarkable.

当你考虑到同期行业盈利以2.1%的速度萎缩的事实时，该公司的净收入增长是相当可观的。

The basis for attaching value to a company is, to a great extent, tied to its earnings growth. 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. Is Darling Ingredients fairly valued compared to other companies? These 3 valuation measures might help you decide.Is Darling Ingredients Making Efficient Use Of Its Profits?Summary

赋予公司价值的基础，在很大程度上，是与它的盈利增长相联系的。投资者下一步需要确定的是，预期收益增长(或预期收益增长的不足)是否已经计入股价。通过这样做，他们将有一个想法是股票是进入清澈的蓝色水域，还是沼泽水域等待。与其他公司相比，达令配料的估值是否合理?这三种评估方法可以帮助你做出决定。达林原料是否有效利用其利润?总结

Overall, we are quite pleased with Darling Ingredients' performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. Unsurprisingly, this has led to an impressive earnings growth. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. To know more about the company's future earnings growth forecasts take a look at this freereport on analyst forecasts for the company to find out more.

总的来说，我们对达令配料的表现非常满意。我们尤其喜欢这家公司在业务上进行了大量的再投资，而且回报率很高。不出所料，这带来了令人瞩目的利润增长。话虽如此，该公司的盈利增长预计将放缓，正如目前分析师预测的那样。要了解更多关于该公司的未来盈利增长预测，请查看该公司的分析师预测免费报告。