<p>Arcosa (ACA) 最近受到投资者的关注，因为近期的报道指出其净收入增长强劲，产品订单稳定。这一表现得益于联邦基础设施支出的增加和健康的建设项目管道。</p>
<p>请查看我们对 Arcosa 的最新分析。</p>
<p>尽管 Arcosa 面临行业逆风，如成本上升和关税，但过去一个月股价下跌了 6.4%。该公司在三年内实现了 52% 的总股东回报，五年内接近 89%。尽管近期动能有所减弱，但其长期表现仍然令人印象深刻，表明投资者仍然看到与基础设施需求相关的持续价值。</p>
<p>如果你对投资者在这个领域的其他动向感到好奇，现在是探索高内部持股的快速增长股票的好时机。</p>
<p>随着 Arcosa 的股票近期表现滞后，但长期前景似乎强劲，关键问题变得清晰：这是投资者的一个吸引人入场点，还是所有预期的基础设施增长已经反映在股价中？</p>
<h2>最受欢迎的叙述：23.1% 被低估</h2>
<p>Arcosa 当前的股价为 89.15 美元，远低于叙述中的公允价值评估 116 美元，表明根据主流市场故事存在显著的上行潜力。广泛的基础设施趋势和战略扩张计划为关键的增长激增奠定了基础。</p>
<blockquote>
<p><em>加速对电网现代化、数据中心开发和可再生能源整合的投资正在推动对公用事业和传输结构的需求。这导致了创纪录的订单积压，并促使产能扩张，预计将支持更高的收益增长和利润率提升。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>推动这一乐观预测的定量飞跃是什么？竞争性顺风和利润率提升是核心，但故事中最大的惊喜隐藏在推动这一公允价值远高于最后收盘价的数字中。现在揭示推动这一激进价格目标的完整财务蓝图。</p>
<p><strong>结果：公允价值为 116 美元（被低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，长期的政治预算削减或整合新收购的困难可能会迅速挑战 Arcosa 最强的乐观情景。</p>
<p>了解 Arcosa 叙述的关键风险。</p>
<h2>另一种观点：倍数视角</h2>
<p>从市场叙述中退一步，Arcosa 当前的估值在按市盈率判断时显得昂贵。其市盈率为 47.5 倍，远高于同行（32.6 倍）和行业（35.6 倍）平均水平，更不用说公允比率 38.2 倍。这意味着投资者为未来的增长支付了显著的溢价。如果收益增长速度不够快，这是否为未来的失望埋下了伏笔，还是市场信心是合理的？</p>
<p>查看数字对这一价格的看法——在我们的估值分析中了解更多。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b318d175-6170-4222-b294-c2176cb4c285/chart/pe-multiple-vs-industry?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/b318d175-6170-4222-b294-c2176cb4c285/chart/pe-multiple-vs-industry"/></p>
<p>截至 2025 年 10 月 NYSE:ACA 市盈率</p>
<h2>自己构建 Arcosa 叙述</h2>
<p>对于那些喜欢自己制定路线或质疑主流共识的人来说，深入数据并在几分钟内构建自己的观点是很容易的。按照你的方式进行。</p>
<p>进行 Arcosa 研究的一个很好的起点是我们的分析，强调 2 个关键奖励和 4 个可能影响你投资决策的重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>聪明的投资就是找到别人可能忽视的机会。在市场注意到之前，通过查看这些独特的股票选择来让你的下一步行动更具意义。</p>
<ul>
<li>通过查看这 19 只股息收益率超过 3% 的股票，获取收入潜力，这些股票持续产生强劲的收益并优先考虑股东回报。</li>
<li>通过支持在人工智能领域领先的公司，利用创新的动能，关注这 24 只具有真实增长潜力的 AI 便士股票。</li>
<li>通过审查这 26 只量子计算股票，抓住未来技术的机会，这些公司处于量子计算进步的前沿。</li>
</ul>
<p><em>本文由 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，我们的文章不应被视为财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑你的目标或财务状况。我们的目标是为你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>

<p>Arcosa (ACA) 因强劲的净收入增长和稳健的产品订单积压而受到投资者的关注，这得益于联邦基础设施支出的增加。尽管最近股价下跌了 6.4%，但该公司在三年内实现了 52% 的总股东回报。目前的股价为 89.15 美元，低于公允价值 116 美元，显示出上涨潜力。然而，其 47.5 倍的高市盈率引发了对未来增长预期的担忧。投资者被鼓励评估风险并探索其他投资机会</p>

<p>Arcosa (ACA) is catching investor attention after recent coverage pointed to its strong net income growth and steady product backlog. This performance is supported by increased federal infrastructure spending and a healthy pipeline of construction projects.</p>
<div class="lb-trans"><p>Arcosa (ACA) 最近受到投资者的关注，因为近期的报道指出其净收入增长强劲，产品订单稳定。这一表现得益于联邦基础设施支出的增加和健康的建设项目管道。</p>
</div><p>See our latest analysis for Arcosa.</p>
<div class="lb-trans"><p>请查看我们对 Arcosa 的最新分析。</p>
</div><p>Even as Arcosa navigates industry headwinds like elevated costs and tariffs, the share price has slipped 6.4% over the past month. The company has achieved a total shareholder return of 52% over three years and nearly 89% over five years. While momentum has cooled recently, its long-term performance still impresses and suggests investors see ongoing value tied to infrastructure demand.</p>
<div class="lb-trans"><p>尽管 Arcosa 面临行业逆风，如成本上升和关税，但过去一个月股价下跌了 6.4%。该公司在三年内实现了 52% 的总股东回报，五年内接近 89%。尽管近期动能有所减弱，但其长期表现仍然令人印象深刻，表明投资者仍然看到与基础设施需求相关的持续价值。</p>
</div><p>If you’re curious where else investor momentum is building in this space, this is a great moment to explore fast growing stocks with high insider ownership.</p>
<div class="lb-trans"><p>如果你对投资者在这个领域的其他动向感到好奇，现在是探索高内部持股的快速增长股票的好时机。</p>
</div><p>With Arcosa’s shares lagging lately, yet long-term prospects appearing strong, the key question becomes clear: Is this an attractive entry point for investors, or is all of that anticipated infrastructure growth already priced into the stock?</p>
<div class="lb-trans"><p>随着 Arcosa 的股票近期表现滞后，但长期前景似乎强劲，关键问题变得清晰：这是投资者的一个吸引人入场点，还是所有预期的基础设施增长已经反映在股价中？</p>
</div><h2>Most Popular Narrative: 23.1% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：23.1% 被低估</h2>
</div><p>Arcosa’s current share price of $89.15 stands well below the narrative’s fair value assessment of $116, signaling a substantial upside potential according to the dominant market storyline. The stage is set for a pivotal growth surge fueled by broad infrastructure trends and strategic expansion plans.</p>
<div class="lb-trans"><p>Arcosa 当前的股价为 89.15 美元，远低于叙述中的公允价值评估 116 美元，表明根据主流市场故事存在显著的上行潜力。广泛的基础设施趋势和战略扩张计划为关键的增长激增奠定了基础。</p>
</div><blockquote>
<p><em>Accelerating investment in grid modernization, data center development, and renewable energy integration is boosting demand for utility and transmission structures. This is leading to a record backlog and prompting capacity expansions that are expected to support higher earnings growth and margin accretion.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>加速对电网现代化、数据中心开发和可再生能源整合的投资正在推动对公用事业和传输结构的需求。这导致了创纪录的订单积压，并促使产能扩张，预计将支持更高的收益增长和利润率提升。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>What are the quantitative leaps behind this bullish projection? Competitive tailwinds and margin upgrades are at the core, but the story’s biggest surprises are hidden in the numbers that push this fair value far above the last close. Uncover the full financial blueprint driving this aggressive price target now.</p>
<div class="lb-trans"><p>推动这一乐观预测的定量飞跃是什么？竞争性顺风和利润率提升是核心，但故事中最大的惊喜隐藏在推动这一公允价值远高于最后收盘价的数字中。现在揭示推动这一激进价格目标的完整财务蓝图。</p>
</div><p><strong>Result: Fair Value of $116 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 116 美元（被低估）</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, long-term political budget cuts or difficulties in integrating new acquisitions could quickly challenge even the strongest bullish scenario for Arcosa.</p>
<div class="lb-trans"><p>然而，长期的政治预算削减或整合新收购的困难可能会迅速挑战 Arcosa 最强的乐观情景。</p>
</div><p>Find out about the key risks to this Arcosa narrative.</p>
<div class="lb-trans"><p>了解 Arcosa 叙述的关键风险。</p>
</div><h2>Another View: The Multiples Perspective</h2>
<div class="lb-trans"><h2>另一种观点：倍数视角</h2>
</div><p>Taking a step back from the market narrative, Arcosa’s current valuation looks expensive when judged by its price-to-earnings ratio. At 47.5x, it sits well above both peer (32.6x) and industry (35.6x) averages, not to mention the fair ratio of 38.2x. This implies investors are paying a substantial premium for future growth. Does this set the stage for future disappointment if earnings don’t accelerate fast enough, or could market confidence be justified?</p>
<div class="lb-trans"><p>从市场叙述中退一步，Arcosa 当前的估值在按市盈率判断时显得昂贵。其市盈率为 47.5 倍，远高于同行（32.6 倍）和行业（35.6 倍）平均水平，更不用说公允比率 38.2 倍。这意味着投资者为未来的增长支付了显著的溢价。如果收益增长速度不够快，这是否为未来的失望埋下了伏笔，还是市场信心是合理的？</p>
</div><p>See what the numbers say about this price — find out in our valuation breakdown.</p>
<div class="lb-trans"><p>查看数字对这一价格的看法——在我们的估值分析中了解更多。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b318d175-6170-4222-b294-c2176cb4c285/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/b318d175-6170-4222-b294-c2176cb4c285/chart/pe-multiple-vs-industry"/></p>
<p>NYSE:ACA PE Ratio as at Oct 2025</p>
<div class="lb-trans"><p>截至 2025 年 10 月 NYSE:ACA 市盈率</p>
</div><h2>Build Your Own Arcosa Narrative</h2>
<div class="lb-trans"><h2>自己构建 Arcosa 叙述</h2>
</div><p>For those who prefer to chart their own course or question the prevailing consensus, it’s easy to dig into the data and craft your own view in just a few minutes. Do it your way.</p>
<div class="lb-trans"><p>对于那些喜欢自己制定路线或质疑主流共识的人来说，深入数据并在几分钟内构建自己的观点是很容易的。按照你的方式进行。</p>
</div><p>A great starting point for your Arcosa research is our analysis highlighting 2 key rewards and 4 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>进行 Arcosa 研究的一个很好的起点是我们的分析，强调 2 个关键奖励和 4 个可能影响你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>Smart investing is all about finding opportunities that others may overlook. Make your next move count by checking out these unique stock picks before the market catches on.</p>
<div class="lb-trans"><p>聪明的投资就是找到别人可能忽视的机会。在市场注意到之前，通过查看这些独特的股票选择来让你的下一步行动更具意义。</p>
</div><ul>
<li>Scoop up income potential by checking out these 19 dividend stocks with yields &gt; 3%, which consistently generate strong yields over 3% and prioritize shareholder returns.</li>
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<li>Capitalize on future technologies by reviewing these 26 quantum computing stocks, featuring firms at the forefront of quantum computing advancements.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过查看这 19 只股息收益率超过 3% 的股票，获取收入潜力，这些股票持续产生强劲的收益并优先考虑股东回报。</li>
<li>通过支持在人工智能领域领先的公司，利用创新的动能，关注这 24 只具有真实增长潜力的 AI 便士股票。</li>
<li>通过审查这 26 只量子计算股票，抓住未来技术的机会，这些公司处于量子计算进步的前沿。</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>本文由 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，我们的文章不应被视为财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑你的目标或财务状况。我们的目标是为你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>

Arcosa (ACA)：在净收入增长和基础设施利好因素增加的情况下评估其估值