<p>如果你不确定在寻找下一个潜力股时从哪里开始，有几个关键趋势你应该关注。首先，我们希望识别出资本使用回报率（ROCE）的增长，并且与之相伴的是不断增加的资本使用基础。基本上，这意味着一家公司有盈利的项目可以继续再投资，这是复合增长机器的特征。然而，经过简要查看数据，我们认为 <strong>MasterCraft Boat Holdings</strong>（NASDAQ:MCFT）未来并不具备成为潜力股的条件，但让我们看看原因。</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，免费获取。</p>
<h2>什么是资本使用回报率（ROCE）？</h2>
<p>为了澄清，如果你不确定，ROCE 是评估公司在其业务中投资资本所赚取的税前收入（以百分比形式）的指标。计算 MasterCraft Boat Holdings 的 ROCE，这里是公式：</p>
<p><strong>资本使用回报率 = 息税前利润（EBIT）÷（总资产 - 流动负债）</strong></p>
<p>0.058 = 1100 万美元 ÷（2.6 亿美元 - 650 万美元）<em>(基于截至 2025 年 6 月的过去十二个月数据)</em>。</p>
<p>因此，<strong>MasterCraft Boat Holdings 的 ROCE 为 5.8%。</strong> 最终，这个回报率较低，低于休闲行业平均水平的 8.7%。</p>
<p>查看我们对 MasterCraft Boat Holdings 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/214080574-roce-1-dark-2/1762000819942?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/214080574-roce-1-dark-2/1762000819942"/></p>
<p>NasdaqGM:MCFT 资本使用回报率 2025 年 11 月 1 日</p>
<p>在上面你可以看到 MasterCraft Boat Holdings 当前的 ROCE 与其过去的资本回报率的比较，但从过去的数据中你能了解的有限。如果你愿意，可以查看覆盖 MasterCraft Boat Holdings 的分析师的预测，<strong>免费</strong> 获取。</p>
<h2>ROCE 的趋势</h2>
<p>就 MasterCraft Boat Holdings 的历史 ROCE 变动而言，趋势并不理想。在过去五年中，资本回报率从五年前的 20% 下降至 5.8%。鉴于该公司正在使用更多的资本，而收入却有所下降，这有点令人担忧。如果这种情况持续下去，你可能会看到一家试图再投资以实现增长但实际上正在失去市场份额的公司，因为销售没有增加。</p>
<h2>结论</h2>
<p>总之，我们对 MasterCraft Boat Holdings 在增加资本的情况下回报率下降感到有些担忧。过去五年持有该股票的长期股东经历了 12% 的投资贬值，因此市场似乎也不喜欢这些趋势。鉴于这种情况，除非基本趋势回归到更积极的轨道，否则我们会考虑寻找其他投资机会。</p>
<p>还有一点需要注意，我们已识别出 <strong>1 个警示信号</strong> 与 MasterCraft Boat Holdings 相关，理解这一点应该是你投资过程的一部分。</p>
<p>虽然 MasterCraft Boat Holdings 目前可能没有获得最高的回报，但我们已编制了一份当前获得超过 25% 股本回报率的公司的名单。点击这里查看这份 <strong>免费</strong> 名单。</p>

MCBC控股

<p>MasterCraft Boat Holdings（纳斯达克代码：MCFT）面临资本回报率（ROCE）方面的挑战，目前为 5.8%，低于行业平均水平 8.7%。在过去五年中，ROCE 从 20% 下降，显示出再投资和市场份额方面的潜在问题。长期股东的投资贬值了 12%，引发了对公司未来表现的担忧。分析师建议，除非趋势改善，否则投资者可能需要考虑其他选择</p>

<p>If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing <em>return</em> on capital employed (ROCE) and then alongside that, an ever-increasing <em>base</em> of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after briefly looking over the numbers, we don't think <strong>MasterCraft Boat Holdings</strong> (NASDAQ:MCFT) has the makings of a multi-bagger going forward, but let's have a look at why that may be.</p>
<div class="lb-trans"><p>如果你不确定在寻找下一个潜力股时从哪里开始，有几个关键趋势你应该关注。首先，我们希望识别出资本使用回报率（ROCE）的增长，并且与之相伴的是不断增加的资本使用基础。基本上，这意味着一家公司有盈利的项目可以继续再投资，这是复合增长机器的特征。然而，经过简要查看数据，我们认为 <strong>MasterCraft Boat Holdings</strong>（NASDAQ:MCFT）未来并不具备成为潜力股的条件，但让我们看看原因。</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，免费获取。</p>
</div><h2>What Is Return On Capital Employed (ROCE)?</h2>
<div class="lb-trans"><h2>什么是资本使用回报率（ROCE）？</h2>
</div><p>Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for MasterCraft Boat Holdings, this is the formula:</p>
<div class="lb-trans"><p>为了澄清，如果你不确定，ROCE 是评估公司在其业务中投资资本所赚取的税前收入（以百分比形式）的指标。计算 MasterCraft Boat Holdings 的 ROCE，这里是公式：</p>
</div><p><strong>Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)</strong></p>
<div class="lb-trans"><p><strong>资本使用回报率 = 息税前利润（EBIT）÷（总资产 - 流动负债）</strong></p>
</div><p>0.058 = US$11m ÷ (US$260m - US$65m) <em>(Based on the trailing twelve months to June 2025)</em>.</p>
<div class="lb-trans"><p>0.058 = 1100 万美元 ÷（2.6 亿美元 - 650 万美元）<em>(基于截至 2025 年 6 月的过去十二个月数据)</em>。</p>
</div><p>Thus, <strong>MasterCraft Boat Holdings has an ROCE of 5.8%.</strong> Ultimately, that's a low return and it under-performs the Leisure industry average of 8.7%.</p>
<div class="lb-trans"><p>因此，<strong>MasterCraft Boat Holdings 的 ROCE 为 5.8%。</strong> 最终，这个回报率较低，低于休闲行业平均水平的 8.7%。</p>
</div><p>View our latest analysis for MasterCraft Boat Holdings</p>
<div class="lb-trans"><p>查看我们对 MasterCraft Boat Holdings 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/214080574-roce-1-dark-2/1762000819942" alt="" original-src="https://images.simplywall.st/asset/chart/214080574-roce-1-dark-2/1762000819942"/></p>
<p>NasdaqGM:MCFT Return on Capital Employed November 1st 2025</p>
<div class="lb-trans"><p>NasdaqGM:MCFT 资本使用回报率 2025 年 11 月 1 日</p>
</div><p>Above you can see how the current ROCE for MasterCraft Boat Holdings compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering MasterCraft Boat Holdings for <strong>free.</strong></p>
<div class="lb-trans"><p>在上面你可以看到 MasterCraft Boat Holdings 当前的 ROCE 与其过去的资本回报率的比较，但从过去的数据中你能了解的有限。如果你愿意，可以查看覆盖 MasterCraft Boat Holdings 的分析师的预测，<strong>免费</strong> 获取。</p>
</div><h2>The Trend Of ROCE</h2>
<div class="lb-trans"><h2>ROCE 的趋势</h2>
</div><p>In terms of MasterCraft Boat Holdings' historical ROCE movements, the trend isn't fantastic. Over the last five years, returns on capital have decreased to 5.8% from 20% five years ago. Given the business is employing more capital while revenue has slipped, this is a bit concerning. If this were to continue, you might be looking at a company that is trying to reinvest for growth but is actually losing market share since sales haven't increased.</p>
<div class="lb-trans"><p>就 MasterCraft Boat Holdings 的历史 ROCE 变动而言，趋势并不理想。在过去五年中，资本回报率从五年前的 20% 下降至 5.8%。鉴于该公司正在使用更多的资本，而收入却有所下降，这有点令人担忧。如果这种情况持续下去，你可能会看到一家试图再投资以实现增长但实际上正在失去市场份额的公司，因为销售没有增加。</p>
</div><h2>The Bottom Line</h2>
<div class="lb-trans"><h2>结论</h2>
</div><p>In summary, we're somewhat concerned by MasterCraft Boat Holdings' diminishing returns on increasing amounts of capital. Long term shareholders who've owned the stock over the last five years have experienced a 12% depreciation in their investment, so it appears the market might not like these trends either. That being the case, unless the underlying trends revert to a more positive trajectory, we'd consider looking elsewhere.</p>
<div class="lb-trans"><p>总之，我们对 MasterCraft Boat Holdings 在增加资本的情况下回报率下降感到有些担忧。过去五年持有该股票的长期股东经历了 12% 的投资贬值，因此市场似乎也不喜欢这些趋势。鉴于这种情况，除非基本趋势回归到更积极的轨道，否则我们会考虑寻找其他投资机会。</p>
</div><p>One more thing to note, we've identified <strong>1 warning sign</strong> with MasterCraft Boat Holdings and understanding it should be part of your investment process.</p>
<div class="lb-trans"><p>还有一点需要注意，我们已识别出 <strong>1 个警示信号</strong> 与 MasterCraft Boat Holdings 相关，理解这一点应该是你投资过程的一部分。</p>
</div><p>While MasterCraft Boat Holdings may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this <strong>free</strong> list here.</p>
<div class="lb-trans"><p>虽然 MasterCraft Boat Holdings 目前可能没有获得最高的回报，但我们已编制了一份当前获得超过 25% 股本回报率的公司的名单。点击这里查看这份 <strong>免费</strong> 名单。</p>
</div>

MCBC 控股（纳斯达克股票代码：MCFT）将希望改善其回报趋势