<p>布兰布尔（ASX:BXB）因近期数据显示公司显著改善了资本使用回报率，达到了 19%，而受到新的关注。同时，布兰布尔在过去五年中整体资本投资增加了 21%。</p>
<p>查看我们对布兰布尔的最新分析。</p>
<p>布兰布尔的最新举措在市场上并未被忽视。年初至今，股价上涨了 27.8%，其卓越的一年总股东回报率为 33%，显示出随着运营改善和资本投资的推进，投资者信心在短期和长期内都在增强。</p>
<p>如果你想了解更多正在引起关注的股票，现在是扩展视野、发现高内部持股的快速增长股票的时机。</p>
<p>在如此强劲的基本面和动能下，关键问题是布兰布尔当前的估值是否还有进一步上涨的空间，还是市场已经考虑了公司未来的所有增长前景。</p>
<h2>最受欢迎的观点：高估 13%</h2>
<p>布兰布尔的合理价值为 21.90 美元，远低于其最近收盘价 24.82 美元，暗示出估值溢价。让我们来解析一下这一观点背后的驱动因素，这是社区中最受关注的声音之一。</p>
<blockquote>
<p><em>“布兰布尔在其细分市场中是一个主导的全球参与者，具有难以复制的规模优势。它在关键行业的存在使其收入相对稳定，抗衰退。”</em></p>
</blockquote>
<p>阅读完整的叙述。</p>
<p>最受关注的预测依赖于一组大胆的收入增长和利润率假设。公司的著名稳定性和市场主导地位是否真的能证明如此高的价格合理，还是前景中存在意外？只有完整的叙述才能揭示这一估值判断的基础。</p>
<p><strong>结果：合理价值为 21.90 美元（高估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，意外的成本增加或货币波动可能迅速削弱增长预期，并挑战对布兰布尔稳定性的普遍看法。</p>
<p>了解布兰布尔叙述中的关键风险。</p>
<h2>另一种观点：DCF 模型暗示低估</h2>
<p>从另一个角度看，我们的 DCF 模型估计每股合理价值为 32 澳元。这比当前股票交易价格高出约 22%，暗示市场可能低估了未来现金流。那么，叙述基础的溢价是否忽视了布兰布尔的基本面，还是 DCF 过于乐观？</p>
<p>了解 SWS DCF 模型如何得出其合理价值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/1600275f-1b54-49b8-8d7e-75c4b155b2f0/chart/dcf?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/1600275f-1b54-49b8-8d7e-75c4b155b2f0/chart/dcf"/></p>
<p>截至 2025 年 10 月的 BXB 折现现金流</p>
<p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看布兰布尔）。我们展示了完整的计算过程。您可以在您的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现基于现金流的低估股票。如果您保存了筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
<h2>构建您自己的布兰布尔叙述</h2>
<p>如果到目前为止的故事与您的观点不符，或者您更愿意自己分析数字，您可以自由地构建和分享自己的观点。只需不到三分钟。按照您的方式进行。</p>
<p>您对布兰布尔研究的一个很好的起点是我们的分析，突出了 3 个关键收益和 2 个可能影响您投资决策的重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>通过挖掘引人注目的市场机会，提前布局。不要让下一个大赢家从您身边溜走。看看现在还有什么正在形成：</p>
<ul>
<li>通过查看这 18 只收益率超过 3% 的股息股票，发现具有强劲收益的股票。这个资源非常适合寻求稳定收入和扎实基本面的投资者。</li>
<li>通过查看这 25 只人工智能便士股票，提前布局明天的突破，人工智能正在推动快速增长。</li>
<li>利用市场中的潜在便宜货，查看这 888 只基于现金流的低估股票，这些公司显示出强劲的基本面和上涨空间。</li>
</ul>
<p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

布兰博(ADR)

<p>Brambles（ASX:BXB）已将其资本回报率提高至 19%，并在五年内增加了 21% 的资本投资。年初至今，股价上涨了 27.8%，一年期的总股东回报率为 33%。然而，其公允价值估计为 21.90 美元，这表明其当前价格 24.82 美元可能被高估。折现现金流模型显示每股公允价值为 32 澳元，表明可能被低估。建议投资者在做出决策之前考虑这两种观点及相关风险</p>

<p>Brambles (ASX:BXB) is drawing fresh attention after recent figures showed the company has significantly improved its returns on capital employed, reaching 19%. At the same time, Brambles has increased its overall capital investment by 21% in the past five years.</p>
<div class="lb-trans"><p>布兰布尔（ASX:BXB）因近期数据显示公司显著改善了资本使用回报率，达到了 19%，而受到新的关注。同时，布兰布尔在过去五年中整体资本投资增加了 21%。</p>
</div><p>See our latest analysis for Brambles.</p>
<div class="lb-trans"><p>查看我们对布兰布尔的最新分析。</p>
</div><p>Brambles’ latest moves have not gone unnoticed in the market. The share price has climbed 27.8% year to date, and its stellar one-year total shareholder return of 33% points to strengthening momentum as operational improvements and capital investment translate to investor confidence over both the short and long term.</p>
<div class="lb-trans"><p>布兰布尔的最新举措在市场上并未被忽视。年初至今，股价上涨了 27.8%，其卓越的一年总股东回报率为 33%，显示出随着运营改善和资本投资的推进，投资者信心在短期和长期内都在增强。</p>
</div><p>If you’re keen to see what else is making waves, now is the moment to expand your horizons and discover fast growing stocks with high insider ownership</p>
<div class="lb-trans"><p>如果你想了解更多正在引起关注的股票，现在是扩展视野、发现高内部持股的快速增长股票的时机。</p>
</div><p>With such strong fundamentals and momentum, the key question now is whether Brambles' current valuation leaves room for further upside or if the market has already factored in all of the company's future growth prospects.</p>
<div class="lb-trans"><p>在如此强劲的基本面和动能下，关键问题是布兰布尔当前的估值是否还有进一步上涨的空间，还是市场已经考虑了公司未来的所有增长前景。</p>
</div><h2>Most Popular Narrative: 13% Overvalued</h2>
<div class="lb-trans"><h2>最受欢迎的观点：高估 13%</h2>
</div><p>Brambles’ narrative fair value of $21.90 sits well below its recent close at $24.82, hinting at a valuation premium. Let’s unpack what’s driving this viewpoint from one of the most followed voices in the community.</p>
<div class="lb-trans"><p>布兰布尔的合理价值为 21.90 美元，远低于其最近收盘价 24.82 美元，暗示出估值溢价。让我们来解析一下这一观点背后的驱动因素，这是社区中最受关注的声音之一。</p>
</div><blockquote>
<p><em>“Brambles is a dominant global player in its niche, with scale advantages that are hard to replicate. Its presence in essential industries gives it relatively stable, recession-resistant revenues.”</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>“布兰布尔在其细分市场中是一个主导的全球参与者，具有难以复制的规模优势。它在关键行业的存在使其收入相对稳定，抗衰退。”</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整的叙述。</p>
</div><p>The most buzzed-about forecast hinges on a bold set of revenue growth and profit margin assumptions. Will the company’s famed stability and market dominance really justify a price this high, or are there surprises in the outlook? Only the full narrative reveals what underpins this valuation call.</p>
<div class="lb-trans"><p>最受关注的预测依赖于一组大胆的收入增长和利润率假设。公司的著名稳定性和市场主导地位是否真的能证明如此高的价格合理，还是前景中存在意外？只有完整的叙述才能揭示这一估值判断的基础。</p>
</div><p><strong>Result: Fair Value of $21.90 (OVERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：合理价值为 21.90 美元（高估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><p>However, unexpected cost increases or currency swings could quickly undermine growth expectations and challenge the prevailing view of Brambles’ stability.</p>
<div class="lb-trans"><p>然而，意外的成本增加或货币波动可能迅速削弱增长预期，并挑战对布兰布尔稳定性的普遍看法。</p>
</div><p>Find out about the key risks to this Brambles narrative.</p>
<div class="lb-trans"><p>了解布兰布尔叙述中的关键风险。</p>
</div><h2>Another View: DCF Model Suggests Undervaluation</h2>
<div class="lb-trans"><h2>另一种观点：DCF 模型暗示低估</h2>
</div><p>Looking at Brambles from another angle, our DCF model estimates a fair value of A$32 per share. This is about 22% above where the stock is trading now and suggests the market may be underpricing future cash flows. So, is the premium in the narrative-based view missing something in Brambles' fundamentals, or is the DCF being too optimistic?</p>
<div class="lb-trans"><p>从另一个角度看，我们的 DCF 模型估计每股合理价值为 32 澳元。这比当前股票交易价格高出约 22%，暗示市场可能低估了未来现金流。那么，叙述基础的溢价是否忽视了布兰布尔的基本面，还是 DCF 过于乐观？</p>
</div><p>Look into how the SWS DCF model arrives at its fair value.</p>
<div class="lb-trans"><p>了解 SWS DCF 模型如何得出其合理价值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/1600275f-1b54-49b8-8d7e-75c4b155b2f0/chart/dcf" alt="" original-src="https://images.simplywall.st/company/1600275f-1b54-49b8-8d7e-75c4b155b2f0/chart/dcf"/></p>
<p>BXB Discounted Cash Flow as at Oct 2025</p>
<div class="lb-trans"><p>截至 2025 年 10 月的 BXB 折现现金流</p>
</div><p>Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Brambles for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.</p>
<div class="lb-trans"><p>Simply Wall St 每天对全球每只股票进行折现现金流（DCF）分析（例如查看布兰布尔）。我们展示了完整的计算过程。您可以在您的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现基于现金流的低估股票。如果您保存了筛选器，我们甚至会在新公司匹配时提醒您——这样您就不会错过潜在机会。</p>
</div><h2>Build Your Own Brambles Narrative</h2>
<div class="lb-trans"><h2>构建您自己的布兰布尔叙述</h2>
</div><p>If the story so far does not match your view or you would prefer to analyze the numbers yourself, you are free to craft and share your own perspective. It takes less than three minutes. Do it your way</p>
<div class="lb-trans"><p>如果到目前为止的故事与您的观点不符，或者您更愿意自己分析数字，您可以自由地构建和分享自己的观点。只需不到三分钟。按照您的方式进行。</p>
</div><p>A great starting point for your Brambles research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>您对布兰布尔研究的一个很好的起点是我们的分析，突出了 3 个关键收益和 2 个可能影响您投资决策的重要警示信号。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Put yourself ahead of the curve by tapping into compelling market opportunities. Don't let the next big winner pass you by. See what else is shaping up right now:</p>
<div class="lb-trans"><p>通过挖掘引人注目的市场机会，提前布局。不要让下一个大赢家从您身边溜走。看看现在还有什么正在形成：</p>
</div><ul>
<li>Uncover stocks with robust yields when you check out these 18 dividend stocks with yields &gt; 3%. This resource is ideal for investors seeking steady income and solid fundamentals.</li>
<li>Position yourself for tomorrow’s breakthroughs by seeing which companies stand out in these 25 AI penny stocks, where artificial intelligence is driving rapid growth.</li>
<li>Take advantage of potential bargains in the market with these 888 undervalued stocks based on cash flows, featuring companies that show strong fundamentals and room to rise.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过查看这 18 只收益率超过 3% 的股息股票，发现具有强劲收益的股票。这个资源非常适合寻求稳定收入和扎实基本面的投资者。</li>
<li>通过查看这 25 只人工智能便士股票，提前布局明天的突破，人工智能正在推动快速增长。</li>
<li>利用市场中的潜在便宜货，查看这 888 只基于现金流的低估股票，这些公司显示出强劲的基本面和上涨空间。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

随着回报和资本投资的增强，Brambles（ASX:BXB）的估值备受关注