<p>多样化是应对股价波动的关键工具。但目标是挑选表现优于平均水平的股票。<strong>平田公司</strong>（TSE:6258）在过去一年表现良好，股价上涨了 23%，超过了市场回报的 20%（不包括股息）。从长远来看，该股票在过去三年上涨了 20%。</p>
<p>由于该股票在过去一周内增加了 63 亿日元的市值，让我们看看其基本表现是否推动了长期回报。</p>
<p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</p>
<p>在他的文章《格雷厄姆与多德斯维尔的超级投资者》中，沃伦·巴菲特描述了股价并不总是理性地反映企业价值的情况。考虑市场对公司的看法如何变化的一个不完美但简单的方法是比较每股收益（EPS）的变化与股价的波动。</p>
<p>平田在过去十二个月中能够将每股收益增长 69%。这一 EPS 增长显著高于 23% 的股价上涨。因此，市场似乎对平田的兴奋程度不如之前。这可能是一个机会。谨慎的迹象也体现在 10.38 的较低市盈率上。</p>
<p>下图显示了 EPS 随时间的变化（如果您点击图像，可以看到更详细的信息）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/5533171-earnings-per-share-growth-1-dark-2/1762983585487?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/5533171-earnings-per-share-growth-1-dark-2/1762983585487"/></p>
<p>TSE:6258 每股收益增长 2025 年 11 月 12 日</p>
<p>当然，看到平田多年来的利润增长是非常好的，但未来对股东来说更为重要。您可以在这个 <strong>免费的</strong> 互动图形中看到其资产负债表随时间的增强（或削弱）。</p>
<h2>股息情况如何？</h2>
<p>除了衡量股价回报外，投资者还应考虑总股东回报（TSR）。TSR 是一种回报计算，考虑了现金股息的价值（假设任何收到的股息都被再投资）以及任何折扣融资和分拆的计算价值。因此，对于支付丰厚股息的公司，TSR 通常远高于股价回报。实际上，平田过去一年的 TSR 为 26%，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>我们很高兴地报告，平田的股东在一年内获得了 26% 的总股东回报。这包括股息。毫无疑问，最近的回报远好于过去五年每年 0.4% 的 TSR 损失。我们通常更看重长期表现而非短期表现，但最近的改善可能暗示着公司内部的一个（积极的）拐点。长期跟踪股价表现总是很有趣。但要更好地理解平田，我们需要考虑许多其他因素。例如，考虑风险。每家公司都有风险，我们发现了 <strong>平田的一个警示信号</strong>，您应该了解。</p>
<p>对于那些喜欢寻找 <strong>获胜投资</strong> 的人来说，这份 <strong>免费的</strong> 近期内部人士购买的被低估公司名单，可能正是您所需要的。</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>

6258

<p>平田株式会社（TSE:6258）报告了每股收益（EPS）同比增长 69%，显著超过其 23% 的股价上涨。尽管表现强劲，但市场的热情似乎有所减弱，反映在低达 10.38 的市盈率上。过去一年的总股东回报率（TSR）为 26%，得益于分红，而过去五年的 TSR 则出现了 0.4% 的损失。这一近期的改善可能表明公司出现了积极的转变，尽管潜在风险仍然存在</p>

<p>Diversification is a key tool for dealing with stock price volatility. But the goal is to pick stocks that do better than average. <strong>Hirata Corporation</strong> (TSE:6258) has done well over the last year, with the stock price up 23% beating the market return of 20% (not including dividends). Zooming out, the stock is up 20% in the last three years.</p>
<div class="lb-trans"><p>多样化是应对股价波动的关键工具。但目标是挑选表现优于平均水平的股票。<strong>平田公司</strong>（TSE:6258）在过去一年表现良好，股价上涨了 23%，超过了市场回报的 20%（不包括股息）。从长远来看，该股票在过去三年上涨了 20%。</p>
</div><p>Since the stock has added JP¥6.3b to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.</p>
<div class="lb-trans"><p>由于该股票在过去一周内增加了 63 亿日元的市值，让我们看看其基本表现是否推动了长期回报。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</p>
</div><p>In his essay <em>The Superinvestors of Graham-and-Doddsville</em> Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.</p>
<div class="lb-trans"><p>在他的文章《格雷厄姆与多德斯维尔的超级投资者》中，沃伦·巴菲特描述了股价并不总是理性地反映企业价值的情况。考虑市场对公司的看法如何变化的一个不完美但简单的方法是比较每股收益（EPS）的变化与股价的波动。</p>
</div><p>Hirata was able to grow EPS by 69% in the last twelve months. This EPS growth is significantly higher than the 23% increase in the share price. Therefore, it seems the market isn't as excited about Hirata as it was before. This could be an opportunity. The caution is also evident in the lowish P/E ratio of 10.38.</p>
<div class="lb-trans"><p>平田在过去十二个月中能够将每股收益增长 69%。这一 EPS 增长显著高于 23% 的股价上涨。因此，市场似乎对平田的兴奋程度不如之前。这可能是一个机会。谨慎的迹象也体现在 10.38 的较低市盈率上。</p>
</div><p>The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).</p>
<div class="lb-trans"><p>下图显示了 EPS 随时间的变化（如果您点击图像，可以看到更详细的信息）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/5533171-earnings-per-share-growth-1-dark-2/1762983585487" alt="" original-src="https://images.simplywall.st/asset/chart/5533171-earnings-per-share-growth-1-dark-2/1762983585487"/></p>
<p>TSE:6258 Earnings Per Share Growth November 12th 2025</p>
<div class="lb-trans"><p>TSE:6258 每股收益增长 2025 年 11 月 12 日</p>
</div><p>It is of course excellent to see how Hirata has grown profits over the years, but the future is more important for shareholders. You can see how its balance sheet has strengthened (or weakened) over time in this <strong>free</strong> interactive graphic.</p>
<div class="lb-trans"><p>当然，看到平田多年来的利润增长是非常好的，但未来对股东来说更为重要。您可以在这个 <strong>免费的</strong> 互动图形中看到其资产负债表随时间的增强（或削弱）。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情况如何？</h2>
</div><p>As well as measuring the share price return, investors should also consider the total shareholder return (TSR). The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Hirata's TSR for the last 1 year was 26%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!</p>
<div class="lb-trans"><p>除了衡量股价回报外，投资者还应考虑总股东回报（TSR）。TSR 是一种回报计算，考虑了现金股息的价值（假设任何收到的股息都被再投资）以及任何折扣融资和分拆的计算价值。因此，对于支付丰厚股息的公司，TSR 通常远高于股价回报。实际上，平田过去一年的 TSR 为 26%，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>We're pleased to report that Hirata shareholders have received a total shareholder return of 26% over one year. And that does include the dividend. There's no doubt those recent returns are much better than the TSR loss of 0.4% per year over five years. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. It's always interesting to track share price performance over the longer term. But to understand Hirata better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted <strong>1 warning sign for Hirata</strong> you should know about.</p>
<div class="lb-trans"><p>我们很高兴地报告，平田的股东在一年内获得了 26% 的总股东回报。这包括股息。毫无疑问，最近的回报远好于过去五年每年 0.4% 的 TSR 损失。我们通常更看重长期表现而非短期表现，但最近的改善可能暗示着公司内部的一个（积极的）拐点。长期跟踪股价表现总是很有趣。但要更好地理解平田，我们需要考虑许多其他因素。例如，考虑风险。每家公司都有风险，我们发现了 <strong>平田的一个警示信号</strong>，您应该了解。</p>
</div><p>For those who like to find <strong>winning investments</strong> this <strong>free</strong> list of undervalued companies with recent insider purchasing, could be just the ticket.</p>
<div class="lb-trans"><p>对于那些喜欢寻找 <strong>获胜投资</strong> 的人来说，这份 <strong>免费的</strong> 近期内部人士购买的被低估公司名单，可能正是您所需要的。</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>

平田（TSE:6258）69% 的年度收益增长超过了过去一年的股东回报