<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2020/09/132249223-s-740x416.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2020/09/132249223-s-740x416.jpg"/></p>
<p>Cintas（CTAS）股价在过去几十年表现良好，表现优于标普 500 指数和大多数公司。今年上涨超过 35%，过去五年上涨超过 225%。此外，过去十年上涨超过 1130%，使其市值超过 820 亿美元。</p>
<h2>市场份额强劲</h2>
<p>Cintas 是一家大多数美国人从未听说过的公司，因为它是一家面向企业的组织。</p>
<p>它是最大的工作制服提供商之一，这些制服主要用于医疗保健、游戏、酒店、汽车和教育等行业。它向福特、通用汽车、希尔顿和万豪等公司提供制服。</p>
<p>除了制服，Cintas 还提供急救和安全用品、清洁服务、卫生间用品、培训和合规性以及防护服装等解决方案。</p>
<p>这些是大多数美国和其他国家公司需要的非常重要的服务。其主要优势在于公司很少更换供应商，这意味着它向一些公司提供这些服务已有几十年。</p>
<p>制服租赁业务是其最大业务，2023 年收入超过 74.5 亿美元。其次是急救和安全服务，当年收入超过 10.6 亿美元。其他服务带来超过 10 亿美元的收入。</p>
<p>尽管过去几年增长速度较慢，但 Cintas 的业务一直在增长。其年收入从 2019 年的 56 亿美元增长到 2023 年的 74 亿美元。同时，净利润从 8.76 亿美元增长到同期的超过 15.7 亿美元。</p>
<h2>Cintas 盈利前景</h2>
<p>Cintas 股票的下一个重要催化剂将是其定于 9 月 25 日公布的季度收益。这些数字将更详细地说明业务的表现以及今年的预期。</p>
<p>最近的第四季度结果显示，其收入从 2023 年同期的 228 亿美元增至约 247 亿美元。其有机增长率约为 7.5%，对于一个存在数十年的公司来说，这是一个不错的增长率。</p>
<p>Cintas 还在提高利润率，毛利率为 48%，高于行业中位数的 31%。其净利润率为 16.38%，高于行业中位数的 6.5%。</p>
<p>在财政年度中，其净利润占收入的比例达到历史最高水平。公司还为该年度提供了强劲的前瞻指引。预计其收入将在 101.6 亿美元至 103.1 亿美元的范围内，高于去年的 95.6 亿美元。</p>
<p>分析师预计第一季度收入将达到 25 亿美元，高于去年同期的 23.8 亿美元。每股收益为 0.95 美元，高于去年的 92 美分。</p>
<p>这些数字可能显示该公司仍在增长，这一趋势可能在美联储开始降息后加速。</p>
<p>最重要的是，该公司继续回购其股票，这使得 2020 年超过 4.2 亿股的流通股数降至今天的 4.05 亿股。</p>
<p>阅读更多：这 4 只被低估的股票可能是 2024 年下半年的隐藏宝石</p>
<h2>估值问题仍然存在</h2>
<p>Cintas 最大的问题是它并不便宜。这家公司在上一个财政年度实现了 15 亿美元的净利润，市值超过 840 亿美元。</p>
<p>SeekingAlpha 的数据显示，Cintas 的滚动市盈率为 53.20，前瞻倍数为 48。行业中位数分别为 20.2 和 19.8，这意味着它的溢价超过 140%。</p>
<p>Cintas 的企业价值与息税折旧摊销前利润比率为 31，高于行业中位数的 11.6，而其市净率为 17，也高于行业平均水平。</p>
<p>观察一家公司的估值的一个好方法是假设您以当前的 840 亿美元估值购买它。假设没有显著增长，53 的市盈率意味着您需要这么多年才能实现盈利。这解释了为什么平均分析师估计为 192 美元，而当前为 203 美元。</p>
<h2>Cintas 股价分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2024/09/Cintas-stock.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2024/09/Cintas-stock.png"/></p>
<p>转向周线图，我们看到 Cintas 股价一直处于强劲的牛市，并稳定在 203 美元。它已大幅超过 50 周和 100 周移动平均线，分别为 166 美元和 146 美元。</p>
<p>该股票已经严重超买，相对强弱指数（RSI）飙升至 70 以上。因此，尽管牛市可能会继续，但在收益后可能会出现轻微回调。</p>
<p>文章来源：Invezz</p>

信达思

<p>Cintas（CTAS）股票今年上涨超过 35%，过去五年上涨超过 225%，表现优于标普 500 指数。该公司是一家主要提供工作制服和安全解决方案的供应商，计划于 9 月 25 日公布季度财报。尽管业绩增长和利润率强劲，但 Cintas 面临估值担忧，其市盈率为 53.20，明显高于行业中位数。分析师预计第一季度收入将超过去年的数据，但目前该股被认为是超买状态</p>

<p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2020/09/132249223-s-740x416.jpg" alt="" original-src="https://ik.imagekit.io/invezz/uploads/2020/09/132249223-s-740x416.jpg"/></p>
<p>Cintas (CTAS) stock price has done well in the past decades, outperforming the S&amp;P 500 index and most companies. It has risen by over 35% this year and by over 225% in the last five years. Also, it has jumped by over 1,130% in the last decade, helping it push its market cap to over $82 billion.</p>
<div class="lb-trans"><p>Cintas（CTAS）股价在过去几十年表现良好，表现优于标普 500 指数和大多数公司。今年上涨超过 35%，过去五年上涨超过 225%。此外，过去十年上涨超过 1130%，使其市值超过 820 亿美元。</p>
</div><h2>Strong market share</h2>
<div class="lb-trans"><h2>市场份额强劲</h2>
</div><p>Cintas is a company that most Americans have never heard about because it is a business-to-business organisation.</p>
<div class="lb-trans"><p>Cintas 是一家大多数美国人从未听说过的公司，因为它是一家面向企业的组织。</p>
</div><p>It is one of the biggest providers of work uniforms, which are mostly used in industries like healthcare, gaming, hospitality, automotive, and education. It provides its uniforms to companies like Ford, General Motors, Hilton, and Marriott.</p>
<div class="lb-trans"><p>它是最大的工作制服提供商之一，这些制服主要用于医疗保健、游戏、酒店、汽车和教育等行业。它向福特、通用汽车、希尔顿和万豪等公司提供制服。</p>
</div><p>In addition to uniforms, Cintas also provides solutions like first aid and safety supplies, janitorial services, restroom supplies, training and compliance, and protective apparel.</p>
<div class="lb-trans"><p>除了制服，Cintas 还提供急救和安全用品、清洁服务、卫生间用品、培训和合规性以及防护服装等解决方案。</p>
</div><p>These are highly important services that are needed by most companies in the US and other countries. Its main benefit is that companies rarely change their suppliers, which means that it has been providing these services to some companies for decades.</p>
<div class="lb-trans"><p>这些是大多数美国和其他国家公司需要的非常重要的服务。其主要优势在于公司很少更换供应商，这意味着它向一些公司提供这些服务已有几十年。</p>
</div><p>The uniform rental business is its biggest one, generating over $7.45 billion in 2023. It is followed by its first aid and safety services, which brought in over $1.06 billion in revenues during the year. The other services make it over $1 billion.</p>
<div class="lb-trans"><p>制服租赁业务是其最大业务，2023 年收入超过 74.5 亿美元。其次是急救和安全服务，当年收入超过 10.6 亿美元。其他服务带来超过 10 亿美元的收入。</p>
</div><p>Cintas’ business has been growing, albeit at a slow pace in the past few years. Its annual revenue has grown from over $5.6 billion in 2019 to over $7.4 billion in 2023. At the same time, the net profit rose from $876 million to over $1.57 billion in the same period.</p>
<div class="lb-trans"><p>尽管过去几年增长速度较慢，但 Cintas 的业务一直在增长。其年收入从 2019 年的 56 亿美元增长到 2023 年的 74 亿美元。同时，净利润从 8.76 亿美元增长到同期的超过 15.7 亿美元。</p>
</div><h2>Cintas earnings ahead</h2>
<div class="lb-trans"><h2>Cintas 盈利前景</h2>
</div><p>The next important catalyst for Cintas stock will be its quarterly earnings scheduled for September 25. These numbers will provide more color on how the business is doing and what to expect this year.</p>
<div class="lb-trans"><p>Cintas 股票的下一个重要催化剂将是其定于 9 月 25 日公布的季度收益。这些数字将更详细地说明业务的表现以及今年的预期。</p>
</div><p>The most recent Q4 results showed that its revenue rose to about $2.47 billion, up from $2.28 billion in the same period in 2023. Its organic growth was about 7.5%, which is a good rate for a company that has been around for decades.</p>
<div class="lb-trans"><p>最近的第四季度结果显示，其收入从 2023 年同期的 228 亿美元增至约 247 亿美元。其有机增长率约为 7.5%，对于一个存在数十年的公司来说，这是一个不错的增长率。</p>
</div><p>Cintas has also been growing its margins, with the gross figure being 48% against the industry median of 31%. Its net income margin was 16.38%, higher than the industry’s median of 6.5%.</p>
<div class="lb-trans"><p>Cintas 还在提高利润率，毛利率为 48%，高于行业中位数的 31%。其净利润率为 16.38%，高于行业中位数的 6.5%。</p>
</div><p>For the financial year, its net income as a percentage of revenue jumped to a record high. The company also provided a robust forward guidance for the year. It expects that its revenue will be in the range of $10.16 billion and $10.31 billion, higher than the $9.56 billion it made last year.</p>
<div class="lb-trans"><p>在财政年度中，其净利润占收入的比例达到历史最高水平。公司还为该年度提供了强劲的前瞻指引。预计其收入将在 101.6 亿美元至 103.1 亿美元的范围内，高于去年的 95.6 亿美元。</p>
</div><p>Analysts expect the first quarter revenues to come in at $2.5 billion, higher than the $2.38 billion it made in the same period last year. Its earnings per share of $0.95 will be higher than the 92 cents it made last year.</p>
<div class="lb-trans"><p>分析师预计第一季度收入将达到 25 亿美元，高于去年同期的 23.8 亿美元。每股收益为 0.95 美元，高于去年的 92 美分。</p>
</div><p>These numbers will likely show that the company is still growing, a trend that could accelerate now that the Fed has started to cut interest rates.</p>
<div class="lb-trans"><p>这些数字可能显示该公司仍在增长，这一趋势可能在美联储开始降息后加速。</p>
</div><p>Most importantly, the company has continued to repurchase its stock, which has dropped the number of outstanding shares from over 420 million in 2020 to 405 million today.</p>
<div class="lb-trans"><p>最重要的是，该公司继续回购其股票，这使得 2020 年超过 4.2 亿股的流通股数降至今天的 4.05 亿股。</p>
</div><p>Read more: These 4 undervalued stocks could be hidden gems of H2 2024</p>
<div class="lb-trans"><p>阅读更多：这 4 只被低估的股票可能是 2024 年下半年的隐藏宝石</p>
</div><h2>Valuation concerns remain</h2>
<div class="lb-trans"><h2>估值问题仍然存在</h2>
</div><p>The biggest concern for Cintas is that it is not a cheap company. This is a firm that made a net profit of $1.5 billion in the last financial year with a market cap of over $84 billion.</p>
<div class="lb-trans"><p>Cintas 最大的问题是它并不便宜。这家公司在上一个财政年度实现了 15 亿美元的净利润，市值超过 840 亿美元。</p>
</div><p>Data by SeekingAlpha shows that Cintas has a trailing P/E ratio of 53.20 and a forward multiple of 48. The industry median is 20.2 and 19.8, meaning that it is trading at a premium of over 140%.</p>
<div class="lb-trans"><p>SeekingAlpha 的数据显示，Cintas 的滚动市盈率为 53.20，前瞻倍数为 48。行业中位数分别为 20.2 和 19.8，这意味着它的溢价超过 140%。</p>
</div><p>Cintas also has an EV-to-EBITDA ratio of 31, higher than the industry median of 11.6 while its price-to-book ratio of 17 is also higher than the industry average.</p>
<div class="lb-trans"><p>Cintas 的企业价值与息税折旧摊销前利润比率为 31，高于行业中位数的 11.6，而其市净率为 17，也高于行业平均水平。</p>
</div><p>A good way to look at a company’s valuation is to assume that you buy it at the current valuation of $84 billion. Assuming no significant growth a P/E ratio of 53 means that it would take you these years to become profitable. This explains why the average analyst’s estimate is $192 against the current $203.</p>
<div class="lb-trans"><p>观察一家公司的估值的一个好方法是假设您以当前的 840 亿美元估值购买它。假设没有显著增长，53 的市盈率意味着您需要这么多年才能实现盈利。这解释了为什么平均分析师估计为 192 美元，而当前为 203 美元。</p>
</div><h2>Cintas stock price analysis</h2>
<div class="lb-trans"><h2>Cintas 股价分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://ik.imagekit.io/invezz/uploads/2024/09/Cintas-stock.png" alt="" original-src="https://ik.imagekit.io/invezz/uploads/2024/09/Cintas-stock.png"/></p>
<p>Turning to the weekly chart, we see that the Cintas share price has been in a strong bull run and is sitting at $203. It has moved significantly above the 50-week and 100-week moving averages, which are at $166 and $146, respectively.</p>
<div class="lb-trans"><p>转向周线图，我们看到 Cintas 股价一直处于强劲的牛市，并稳定在 203 美元。它已大幅超过 50 周和 100 周移动平均线，分别为 166 美元和 146 美元。</p>
</div><p>The stock has become highly overbought, with the Relative Strength Index (RSI) soaring to over 70. Therefore, while the bull run may continue, there is a likelihood that it will pull back slightly after earnings.</p>
<div class="lb-trans"><p>该股票已经严重超买，相对强弱指数（RSI）飙升至 70 以上。因此，尽管牛市可能会继续，但在收益后可能会出现轻微回调。</p>
</div><p>The post Cintas stock gets overbought and overvalued ahead of earnings appeared first on Invezz</p>
<div class="lb-trans"><p>文章来源：Invezz</p>
</div>

信达思股票在财报发布前被超买且估值过高