--- title: "Looking back five years from now, the current valuation is not expensive either, and large-scale cap" description: "Looking back five years from now, the current valuation is not expensive either, and large-scale capital expenditures will yield returns. Capital expenditures without ROI returns are what truly destro" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/38744957.md" published_at: "2026-02-15T10:14:49.000Z" author: "[红嘴蓝鹊](https://longbridge.com/en/profiles/15693435)" --- # Looking back five years from now, the current valuation is not expensive either, and large-scale cap Looking back five years from now, the current valuation is not expensive either, and large-scale capital expenditures will yield returns. Capital expenditures without ROI returns are what truly destroy value. ### Related Stocks - [GOOG.US - Alphabet - C](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US - Alphabet](https://longbridge.com/en/quote/GOOGL.US.md) - [MSFT.US - Microsoft](https://longbridge.com/en/quote/MSFT.US.md) - [GGLS.US - Direxion Daily Googl Bear 1x Shares](https://longbridge.com/en/quote/GGLS.US.md) - [GGLL.US - Direxion Daily GOOGL Bull 2X Shares](https://longbridge.com/en/quote/GGLL.US.md) - [MSFL.US - GraniteShares 2x Long MSFT Daily ETF](https://longbridge.com/en/quote/MSFL.US.md) - [MSFO.US - YieldMax MSFT Option Income Strategy ETF](https://longbridge.com/en/quote/MSFO.US.md) - [MSFD.US - Direxion Daily MSFT Bear 1x Shares](https://longbridge.com/en/quote/MSFD.US.md) - [MSFU.US - Direxion Daily MSFT Bull 2X Shares](https://longbridge.com/en/quote/MSFU.US.md) - [MSFX.US - T-Rex 2X Long Microsoft Daily Target ETF](https://longbridge.com/en/quote/MSFX.US.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.