<p>在当今快速变化且竞争激烈的商业世界中，投资者和行业关注者进行全面的公司评估至关重要。本文将深入探讨一个广泛的行业比较，评估 <strong>微软 MSFT</strong> 与其在软件行业的主要竞争对手的关系。通过仔细审查关键财务指标、市场地位和增长前景，我们的目标是提供有价值的见解，并突出公司的行业表现。</p>
<h3>微软背景</h3>
<p>微软开发和许可消费类及企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。公司分为三个规模相当的广泛部门：生产力与业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更个人化的计算（Windows 客户端、Xbox、Bing 搜索、展示广告，以及 Surface 笔记本、平板和台式机）。</p>
<p>在仔细审查微软时，以下趋势浮现：</p>
<ul>
<li><strong>36.39</strong> 的市盈率显著低于行业平均水平 <strong>0.32 倍</strong>，这表明被低估。这可能使得该股票对寻求增长的投资者具有吸引力。</li>
</ul>
<ul>
<li>考虑到 <strong>10.87</strong> 的市净率，远低于行业平均水平 <strong>0.66 倍</strong>，该股票可能基于其账面价值相较于同行被低估。</li>
</ul>
<ul>
<li><strong>13.03</strong> 的市销率相对较高，是行业平均水平的 <strong>1.54 倍</strong>，该股票可能基于销售表现被视为高估。</li>
</ul>
<ul>
<li><strong>8.27%</strong> 的股本回报率（ROE）低于行业平均水平 <strong>0.58%</strong>，这表明公司在利用股本产生利润方面可能存在潜在低效。</li>
</ul>
<ul>
<li>公司的息税折旧摊销前利润（EBITDA）为 <strong>407.1 亿美元</strong>，高于行业平均水平 <strong>66.74 倍</strong>，表明盈利能力更强，现金流生成稳健。</li>
</ul>
<ul>
<li>与其行业相比，公司毛利润为 <strong>481.5 亿美元</strong>，高于行业平均水平 <strong>37.62 倍</strong>，表明盈利能力更强，核心业务收益更高。</li>
</ul>
<ul>
<li>公司的收入增长率为 <strong>13.27%</strong>，超过行业平均水平 <strong>12.68%</strong>，表明销售表现强劲，市场表现优于同行。</li>
</ul>
<h3>债务与股本比率</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1749654022_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw?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://www.benzinga.com/files/images/story/2025/1749654022_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw"/></p>
<p>债务与股本比率（D/E）是一个财务指标，有助于确定与公司资本结构相关的财务风险水平。</p>
<p>在行业比较中考虑债务与股本比率，可以简洁地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
<p>通过将微软与其在债务与股本比率方面的前四大同行进行评估，得出以下观察结果：</p>
<ul>
<li>在其前四大同行中，微软的财务状况更强，债务与股本比率为 <strong>0.19</strong>，较低。</li>
</ul>
<ul>
<li>这表明公司对债务融资的依赖较少，保持了债务与股本之间更有利的平衡，这对投资者来说是一个积极的信号。</li>
</ul>
<h3>关键要点</h3>
<p>对于软件行业的微软而言，市盈率和市净率相较于同行较低，表明潜在被低估。然而，高市销率则表明基于收入的高估。在股本回报率方面，微软落后于同行，而其高 EBITDA 和毛利润率则表明运营表现强劲。此外，微软的高收入增长超过行业同行，反映出未来盈利潜力的积极前景。</p>
<p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>

微软

2 倍做多 MSFT ETF - GraniteShares

MSFO

微软每日 1 倍做空 ETF - Direxion

微软每日 2 倍做多 ETF - Direxion

MSFX

MSFY

<p>这篇文章对微软在软件行业的表现进行了深入分析，将其财务指标与主要竞争对手进行了比较。主要发现包括微软的市盈率（P/E）和市净率（P/B）较低，暗示可能被低估，而较高的市销率（P/S）则表明可能被高估。微软的股本回报率（ROE）低于行业平均水平，但其盈利能力强，EBITDA 和毛利润均较高。此外，微软的收入增长超过行业平均水平，反映出未来盈利的积极前景</p>

<p>In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating <strong>Microsoft MSFT</strong> in relation to its major competitors in the Software industry. By closely examining key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and highlight company's performance in the industry.</p>
<div class="lb-trans"><p>在当今快速变化且竞争激烈的商业世界中，投资者和行业关注者进行全面的公司评估至关重要。本文将深入探讨一个广泛的行业比较，评估 <strong>微软 MSFT</strong> 与其在软件行业的主要竞争对手的关系。通过仔细审查关键财务指标、市场地位和增长前景，我们的目标是提供有价值的见解，并突出公司的行业表现。</p>
</div><h3>Microsoft Background</h3>
<div class="lb-trans"><h3>微软背景</h3>
</div><p>Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).</p>
<div class="lb-trans"><p>微软开发和许可消费类及企业软件。它以其 Windows 操作系统和 Office 办公套件而闻名。公司分为三个规模相当的广泛部门：生产力与业务流程（传统的 Microsoft Office、基于云的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能云（基础设施和平台即服务产品 Azure、Windows Server 操作系统、SQL Server）以及更个人化的计算（Windows 客户端、Xbox、Bing 搜索、展示广告，以及 Surface 笔记本、平板和台式机）。</p>
</div><p>When closely examining Microsoft, the following trends emerge:</p>
<div class="lb-trans"><p>在仔细审查微软时，以下趋势浮现：</p>
</div><ul>
<li>A Price to Earnings ratio of <strong>36.39</strong> significantly below the industry average by <strong>0.32x</strong> suggests undervaluation. This can make the stock appealing for those seeking growth.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>36.39</strong> 的市盈率显著低于行业平均水平 <strong>0.32 倍</strong>，这表明被低估。这可能使得该股票对寻求增长的投资者具有吸引力。</li>
</ul>
</div><ul>
<li>Considering a Price to Book ratio of <strong>10.87</strong>, which is well below the industry average by <strong>0.66x</strong>, the stock may be undervalued based on its book value compared to its peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>考虑到 <strong>10.87</strong> 的市净率，远低于行业平均水平 <strong>0.66 倍</strong>，该股票可能基于其账面价值相较于同行被低估。</li>
</ul>
</div><ul>
<li>With a relatively high Price to Sales ratio of <strong>13.03</strong>, which is <strong>1.54x</strong> the industry average, the stock might be considered overvalued based on sales performance.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>13.03</strong> 的市销率相对较高，是行业平均水平的 <strong>1.54 倍</strong>，该股票可能基于销售表现被视为高估。</li>
</ul>
</div><ul>
<li>With a Return on Equity (ROE) of <strong>8.27%</strong> that is <strong>0.58%</strong> below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>8.27%</strong> 的股本回报率（ROE）低于行业平均水平 <strong>0.58%</strong>，这表明公司在利用股本产生利润方面可能存在潜在低效。</li>
</ul>
</div><ul>
<li>The company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of <strong>$40.71 Billion</strong>, which is <strong>66.74x</strong> above the industry average, indicating stronger profitability and robust cash flow generation.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的息税折旧摊销前利润（EBITDA）为 <strong>407.1 亿美元</strong>，高于行业平均水平 <strong>66.74 倍</strong>，表明盈利能力更强，现金流生成稳健。</li>
</ul>
</div><ul>
<li>Compared to its industry, the company has higher gross profit of <strong>$48.15 Billion</strong>, which indicates <strong>37.62x</strong> above the industry average, indicating stronger profitability and higher earnings from its core operations.</li>
</ul>
<div class="lb-trans"><ul>
<li>与其行业相比，公司毛利润为 <strong>481.5 亿美元</strong>，高于行业平均水平 <strong>37.62 倍</strong>，表明盈利能力更强，核心业务收益更高。</li>
</ul>
</div><ul>
<li>The company's revenue growth of <strong>13.27%</strong> exceeds the industry average of <strong>12.68%</strong>, indicating strong sales performance and market outperformance.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的收入增长率为 <strong>13.27%</strong>，超过行业平均水平 <strong>12.68%</strong>，表明销售表现强劲，市场表现优于同行。</li>
</ul>
</div><h3>Debt To Equity Ratio</h3>
<div class="lb-trans"><h3>债务与股本比率</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1749654022_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw" alt="" original-src="https://www.benzinga.com/files/images/story/2025/1749654022_0.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1080"/></p>
<p>The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.</p>
<div class="lb-trans"><p>债务与股本比率（D/E）是一个财务指标，有助于确定与公司资本结构相关的财务风险水平。</p>
</div><p>Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.</p>
<div class="lb-trans"><p>在行业比较中考虑债务与股本比率，可以简洁地评估公司的财务健康状况和风险特征，帮助做出明智的决策。</p>
</div><p>By evaluating Microsoft against its top 4 peers in terms of the Debt-to-Equity ratio, the following observations arise:</p>
<div class="lb-trans"><p>通过将微软与其在债务与股本比率方面的前四大同行进行评估，得出以下观察结果：</p>
</div><ul>
<li>Among its top 4 peers, Microsoft has a stronger financial position with a lower debt-to-equity ratio of <strong>0.19</strong>.</li>
</ul>
<div class="lb-trans"><ul>
<li>在其前四大同行中，微软的财务状况更强，债务与股本比率为 <strong>0.19</strong>，较低。</li>
</ul>
</div><ul>
<li>This indicates that the company relies less on debt financing and maintains a more favorable balance between debt and equity, which can be viewed positively by investors.</li>
</ul>
<div class="lb-trans"><ul>
<li>这表明公司对债务融资的依赖较少，保持了债务与股本之间更有利的平衡，这对投资者来说是一个积极的信号。</li>
</ul>
</div><h3>Key Takeaways</h3>
<div class="lb-trans"><h3>关键要点</h3>
</div><p>For Microsoft in the Software industry, the PE and PB ratios are low compared to peers, indicating potential undervaluation. However, the high PS ratio suggests overvaluation based on revenue. In terms of ROE, Microsoft lags behind peers, while its high EBITDA and gross profit margins indicate strong operational performance. Additionally, Microsoft's high revenue growth outpaces industry peers, reflecting a positive outlook for future earnings potential.</p>
<div class="lb-trans"><p>对于软件行业的微软而言，市盈率和市净率相较于同行较低，表明潜在被低估。然而，高市销率则表明基于收入的高估。在股本回报率方面，微软落后于同行，而其高 EBITDA 和毛利润率则表明运营表现强劲。此外，微软的高收入增长超过行业同行，反映出未来盈利潜力的积极前景。</p>
</div><p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>
<div class="lb-trans"><p><em>本文由 Benzinga 的自动内容引擎生成，并由编辑审核。</em></p>
</div>

In-Depth Analysis: Microsoft Versus Competitors In Software Industry

- 微软在软件行业的市盈率和市净率低于同行，显示出潜在低估。  
- 其高销售市值比率和较低的股本回报率则表明可能的高估和效率不足。  
- 但微软的收入增长率超过行业平均水平，显示出强劲的市场表现。  

深入分析：微软在软件行业中与竞争对手的对比