<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value?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://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value"/></p>
<p>TSE:6146 1 年股价与公允价值对比</p>
<p>探索社区对 Disco 的公允价值并选择你的观点</p>
<p>我们认为所有投资者都应该尝试购买并持有高质量的多年度赢家。多年来，我们见证了一些真正惊人的收益。例如，<strong>Disco Corporation</strong>（TSE:6146）的股价在过去五年中上涨了惊人的 386%，对于长期持有者来说，这是一个可观的回报。这充分展示了一些企业能够实现的价值创造。此外，股价在大约一个季度内上涨了 34%。这可能与最近发布的财务结果有关——你可以通过阅读我们的公司报告来了解最新数据。</p>
<p>鉴于该股票在过去一周下跌了 4.0%，我们希望调查更长期的故事，看看基本面是否推动了公司积极的五年回报。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表是免费的。</p>
<p>用本杰明·格雷厄姆的话说：在短期内，市场是一个投票机，但在长期内，它是一个称重机。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
<p>在过去的五年中，Disco 每年的每股收益增长率达到了 34%。这一 EPS 增长与股价的 37% 年均增长率相当接近。这表明，市场对公司的情绪在这段时间内变化不大。实际上，股价似乎在很大程度上反映了 EPS 的增长。</p>
<p>你可以在下面的图像中看到 EPS 随时间的变化（点击图表查看确切数值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062?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://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062"/></p>
<p>TSE:6146 每股收益增长 2025 年 8 月 6 日</p>
<p>我们知道 Disco 最近改善了其底线，但它的收入会增长吗？你可以查看这份 <strong>免费的</strong> 报告，了解分析师的收入预测。</p>
<h2>股息情况如何？</h2>
<p>考虑任何股票的总股东回报以及股价回报是很重要的。股价回报仅反映股价的变化，而总股东回报（TSR）则包括股息的价值（假设它们被再投资）以及任何折扣资本筹集或分拆的好处。可以公平地说，TSR 为支付股息的股票提供了更完整的图景。实际上，Disco 在过去 5 年的 TSR 为 430%，超过了之前提到的股价回报。这主要是由于其股息支付！</p>
<h2>不同的视角</h2>
<p>尽管大盘在过去一年中上涨了约 24%，但 Disco 的股东却损失了 6.0%（即使包括股息）。即使是优质股票的股价有时也会下跌，但我们希望在对业务产生浓厚兴趣之前，看到基本指标的改善。长期投资者可能不会太沮丧，因为他们在五年内每年获得了 40% 的回报。最近的抛售可能是一个机会，因此值得检查基本数据以寻找长期增长趋势的迹象。虽然考虑市场条件对股价的不同影响是非常重要的，但还有其他因素更为重要。例如，我们发现 <strong>Disco 有一个警告信号</strong>，在投资之前你应该注意。</p>
<p>当然，<strong>你可能会通过寻找其他地方找到一个绝佳的投资机会。</strong> 所以请查看这份 <strong>免费的</strong> 公司名单，我们预计这些公司将会增长收益。</p>
<p><em>请注意，本文中引用的市场回报反映了目前在日本交易所交易的股票的市场加权平均回报。</em></p>

6146

<p>迪斯科公司（TSE:6146）在过去五年中实现了惊人的 386% 的股价增长，总股东回报率（TSR）达到 430%，这主要得益于股息支付。尽管最近股价下跌了 4%，但公司的每股收益（EPS）以 34% 的年增长率增长，与股价的上涨密切相关。然而，股东在过去一年中面临了 6% 的损失，而整体市场则上涨了 24%。建议投资者考虑基本面指标，以评估长期增长潜力</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value" alt="" original-src="https://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value"/></p>
<p>TSE:6146 1 Year Share Price vs Fair Value</p>
<div class="lb-trans"><p>TSE:6146 1 年股价与公允价值对比</p>
</div><p>Explore Disco's Fair Values from the Community and select yours</p>
<div class="lb-trans"><p>探索社区对 Disco 的公允价值并选择你的观点</p>
</div><p>We think all investors should try to buy and hold high quality multi-year winners. And we've seen some truly amazing gains over the years. For example, the <strong>Disco Corporation</strong> (TSE:6146) share price is up a whopping 386% in the last half decade, a handsome return for long term holders. This just goes to show the value creation that some businesses can achieve. On top of that, the share price is up 34% in about a quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report.</p>
<div class="lb-trans"><p>我们认为所有投资者都应该尝试购买并持有高质量的多年度赢家。多年来，我们见证了一些真正惊人的收益。例如，<strong>Disco Corporation</strong>（TSE:6146）的股价在过去五年中上涨了惊人的 386%，对于长期持有者来说，这是一个可观的回报。这充分展示了一些企业能够实现的价值创造。此外，股价在大约一个季度内上涨了 34%。这可能与最近发布的财务结果有关——你可以通过阅读我们的公司报告来了解最新数据。</p>
</div><p>In light of the stock dropping 4.0% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return.</p>
<div class="lb-trans"><p>鉴于该股票在过去一周下跌了 4.0%，我们希望调查更长期的故事，看看基本面是否推动了公司积极的五年回报。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表是免费的。</p>
</div><p>To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).</p>
<div class="lb-trans"><p>用本杰明·格雷厄姆的话说：在短期内，市场是一个投票机，但在长期内，它是一个称重机。检查市场情绪如何随时间变化的一种方法是观察公司股价与每股收益（EPS）之间的互动。</p>
</div><p>Over half a decade, Disco managed to grow its earnings per share at 34% a year. This EPS growth is reasonably close to the 37% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. In fact, the share price seems to largely reflect the EPS growth.</p>
<div class="lb-trans"><p>在过去的五年中，Disco 每年的每股收益增长率达到了 34%。这一 EPS 增长与股价的 37% 年均增长率相当接近。这表明，市场对公司的情绪在这段时间内变化不大。实际上，股价似乎在很大程度上反映了 EPS 的增长。</p>
</div><p>You can see how EPS has changed over time in the image below (click on the chart to see the exact values).</p>
<div class="lb-trans"><p>你可以在下面的图像中看到 EPS 随时间的变化（点击图表查看确切数值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062" alt="" original-src="https://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062"/></p>
<p>TSE:6146 Earnings Per Share Growth August 6th 2025</p>
<div class="lb-trans"><p>TSE:6146 每股收益增长 2025 年 8 月 6 日</p>
</div><p>We know that Disco has improved its bottom line lately, but is it going to grow revenue? You could check out this <strong>free</strong> report showing analyst revenue forecasts.</p>
<div class="lb-trans"><p>我们知道 Disco 最近改善了其底线，但它的收入会增长吗？你可以查看这份 <strong>免费的</strong> 报告，了解分析师的收入预测。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情况如何？</h2>
</div><p>It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Disco's TSR for the last 5 years was 430%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!</p>
<div class="lb-trans"><p>考虑任何股票的总股东回报以及股价回报是很重要的。股价回报仅反映股价的变化，而总股东回报（TSR）则包括股息的价值（假设它们被再投资）以及任何折扣资本筹集或分拆的好处。可以公平地说，TSR 为支付股息的股票提供了更完整的图景。实际上，Disco 在过去 5 年的 TSR 为 430%，超过了之前提到的股价回报。这主要是由于其股息支付！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>While the broader market gained around 24% in the last year, Disco shareholders lost 6.0% (even including dividends). Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 40%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered <strong>1 warning sign for Disco</strong> that you should be aware of before investing here.</p>
<div class="lb-trans"><p>尽管大盘在过去一年中上涨了约 24%，但 Disco 的股东却损失了 6.0%（即使包括股息）。即使是优质股票的股价有时也会下跌，但我们希望在对业务产生浓厚兴趣之前，看到基本指标的改善。长期投资者可能不会太沮丧，因为他们在五年内每年获得了 40% 的回报。最近的抛售可能是一个机会，因此值得检查基本数据以寻找长期增长趋势的迹象。虽然考虑市场条件对股价的不同影响是非常重要的，但还有其他因素更为重要。例如，我们发现 <strong>Disco 有一个警告信号</strong>，在投资之前你应该注意。</p>
</div><p>Of course, <strong>you might find a fantastic investment by looking elsewhere.</strong> So take a peek at this <strong>free</strong> list of companies we expect will grow earnings.</p>
<div class="lb-trans"><p>当然，<strong>你可能会通过寻找其他地方找到一个绝佳的投资机会。</strong> 所以请查看这份 <strong>免费的</strong> 公司名单，我们预计这些公司将会增长收益。</p>
</div><p><em>Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Japanese exchanges.</em></p>
<div class="lb-trans"><p><em>请注意，本文中引用的市场回报反映了目前在日本交易所交易的股票的市场加权平均回报。</em></p>
</div>

Disco（TSE:6146）的五年总股东回报率超过了其基础收益的增长