<p>Brookfield Business (NYSE:BBUC) 刚刚发布了最新的中期财务报告，显示销售额和总资产均有所下降，净亏损也比去年扩大。这一更新突显了公司面临的主要财务挑战。</p>
<p>查看我们对 Brookfield Business 的最新分析。</p>
<p>尽管最近季度销售额下降和净亏损扩大，Brookfield Business 的股价今年迄今已实现 36.1% 的显著回报，过去十二个月的总股东回报为 26.97%。这一势头表明，投资者仍然关注公司的长期增长潜力，即使短期压力持续存在。</p>
<p>如果您对在挑战性市场中表现出韧性或上升潜力的公司感兴趣，这是一个发现快速增长、高内部持股的股票的绝佳机会。</p>
<p>投资者现在面临的问题是，Brookfield Business 当前的估值是否在其最近的下跌中提供了一个有吸引力的入场点，或者市场是否已经在股价中考虑了其未来前景。</p>
<h2>0.3 倍的市销率：是否合理？</h2>
<p>Brookfield Business 的股票目前以 0.3 倍的市销率（P/S）交易，显著低于行业同行和更广泛行业的平均水平，即使在其最近的股票反弹中也是如此。</p>
<p>市销率将公司的市值与其总收入进行比较。这提供了一种衡量投资者愿意为每一美元销售支付多少的方式。该指标对于目前处于亏损状态的 Brookfield Business 尤其相关，因为它突显了公司在最近净亏损之外的估值。</p>
<p>由于市销率远低于全球工业行业平均水平 0.8 倍和同行平均水平 0.5 倍，Brookfield Business 在这一指标上似乎被低估。当前的数字表明，市场采取了谨慎态度，并因持续亏损和缺乏明显的盈利增长驱动因素而对公司的销售进行折扣。如果市场情绪发生变化或盈利能力恢复，市销率有可能趋近于行业规范。</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><strong>结果：市销率为 0.3 倍（被低估）</strong></p>
<p>然而，持续的净亏损和缺乏明显的盈利增长驱动因素仍然是主要风险。这些因素可能会挑战 Brookfield Business 被低估的论点。</p>
<p>了解影响 Brookfield Business 叙述的主要风险。</p>
<h2>另一种观点：折现现金流发出不同信号</h2>
<p>虽然根据市销率，Brookfield Business 看起来被低估，但 SWS DCF 模型呈现出截然不同的视角。根据该方法，该公司的股票交易价格远高于我们对公允价值的估计。这引发了关于投资者是否可能对反转过于乐观，或者市场是否在考虑模型未反映的信息的问题。</p>
<p>了解 SWS DCF 模型如何得出其公允价值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/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/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf"/></p>
<p>截至 2025 年 11 月的 BBUC 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 Brookfield Business）。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 905 只基于现金流的被低估股票。如果您保存筛选器，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 Brookfield Business 叙述</h2>
<p>如果您有不同的观点或想测试自己的假设，请花几分钟时间探索数字并制定自己的展望。按照您的方式进行。</p>
<p>您对 Brookfield Business 研究的一个很好的起点是我们的分析，强调可能影响您投资决策的两个重要警示信号。</p>
<h2>寻找更多投资想法？</h2>
<p>不要让任何机会从您身边溜走。使用 Simply Wall Street 筛选器解锁针对趋势、价值和明日赢家的强大股票选择。</p>
<ul>
<li>通过投资这 16 只股息收益率超过 3% 的股票来提升您的收入潜力，享受稳定的股息流。</li>
<li>通过这 26 只人工智能便士股捕捉下一个创新浪潮，发现市场领导者。</li>
<li>通过针对这些 905 只基于现金流的被低估股票，在今天的市场中寻找便宜货，这些股票在折现现金流指标上表现突出。</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>

BBUC

<p>布鲁克菲尔德商业公司（NYSE:BBUC）报告了销售和资产的下降，净亏损扩大。尽管如此，其股价今年上涨了 36.1%。该公司的市值似乎被低估，市销率为 0.3 倍，低于行业平均水平。然而，折现现金流模型表明股票被高估，这引发了对投资者乐观情绪的担忧。持续的亏损和缺乏利润增长动力构成风险。投资者必须评估当前估值是否提供了一个有吸引力的入场点</p>

<p>Brookfield Business (NYSE:BBUC) just released its latest interim financial report, revealing a drop in both sales and total assets, along with widening net losses from the previous year. This update highlights key financial headwinds for the company.</p>
<div class="lb-trans"><p>Brookfield Business (NYSE:BBUC) 刚刚发布了最新的中期财务报告，显示销售额和总资产均有所下降，净亏损也比去年扩大。这一更新突显了公司面临的主要财务挑战。</p>
</div><p>See our latest analysis for Brookfield Business.</p>
<div class="lb-trans"><p>查看我们对 Brookfield Business 的最新分析。</p>
</div><p>Despite the recent dip in quarterly sales and a widening net loss, Brookfield Business’s share price has posted an impressive 36.1% return so far this year and a 26.97% total shareholder return over the past twelve months. This momentum suggests investors are still focusing on the company’s long-term growth potential, even as short-term pressures continue to play out.</p>
<div class="lb-trans"><p>尽管最近季度销售额下降和净亏损扩大，Brookfield Business 的股价今年迄今已实现 36.1% 的显著回报，过去十二个月的总股东回报为 26.97%。这一势头表明，投资者仍然关注公司的长期增长潜力，即使短期压力持续存在。</p>
</div><p>If you’re interested in companies showing resilience or upside in challenging markets, this is a great chance to discover fast growing stocks with high insider ownership</p>
<div class="lb-trans"><p>如果您对在挑战性市场中表现出韧性或上升潜力的公司感兴趣，这是一个发现快速增长、高内部持股的股票的绝佳机会。</p>
</div><p>The question for investors now is whether Brookfield Business’s current valuation offers an attractive entry point given its recent declines, or if the market has already accounted for its future prospects in the share price.</p>
<div class="lb-trans"><p>投资者现在面临的问题是，Brookfield Business 当前的估值是否在其最近的下跌中提供了一个有吸引力的入场点，或者市场是否已经在股价中考虑了其未来前景。</p>
</div><h2>Price-to-Sales Ratio of 0.3x: Is it justified?</h2>
<div class="lb-trans"><h2>0.3 倍的市销率：是否合理？</h2>
</div><p>Brookfield Business shares are currently trading at a price-to-sales (P/S) ratio of 0.3x, significantly lower than the average for both industry peers and the broader sector, even with its recent stock rally.</p>
<div class="lb-trans"><p>Brookfield Business 的股票目前以 0.3 倍的市销率（P/S）交易，显著低于行业同行和更广泛行业的平均水平，即使在其最近的股票反弹中也是如此。</p>
</div><p>The price-to-sales ratio compares a company’s market capitalization to its total revenue. This provides a way to gauge how much investors are willing to pay for each dollar of sales. The metric is particularly relevant for Brookfield Business, which is presently unprofitable, as it highlights the company’s valuation independent of its recent net losses.</p>
<div class="lb-trans"><p>市销率将公司的市值与其总收入进行比较。这提供了一种衡量投资者愿意为每一美元销售支付多少的方式。该指标对于目前处于亏损状态的 Brookfield Business 尤其相关，因为它突显了公司在最近净亏损之外的估值。</p>
</div><p>With a P/S ratio far below the global Industrials industry average of 0.8x and the peer average of 0.5x, Brookfield Business appears undervalued on this metric. The current figure suggests the market is taking a cautious stance and discounting the company’s sales due to persistent losses and an absence of visible profit growth drivers. If market sentiment shifts or profitability recovers, there is potential for the multiple to trend closer to industry norms.</p>
<div class="lb-trans"><p>由于市销率远低于全球工业行业平均水平 0.8 倍和同行平均水平 0.5 倍，Brookfield Business 在这一指标上似乎被低估。当前的数字表明，市场采取了谨慎态度，并因持续亏损和缺乏明显的盈利增长驱动因素而对公司的销售进行折扣。如果市场情绪发生变化或盈利能力恢复，市销率有可能趋近于行业规范。</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><strong>Result: Price-to-Sales of 0.3x (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：市销率为 0.3 倍（被低估）</strong></p>
</div><p>However, persistent net losses and the lack of visible profit growth drivers remain key risks. These factors could challenge the case for Brookfield Business’s undervaluation.</p>
<div class="lb-trans"><p>然而，持续的净亏损和缺乏明显的盈利增长驱动因素仍然是主要风险。这些因素可能会挑战 Brookfield Business 被低估的论点。</p>
</div><p>Find out about the key risks to this Brookfield Business narrative.</p>
<div class="lb-trans"><p>了解影响 Brookfield Business 叙述的主要风险。</p>
</div><h2>Another View: Discounted Cash Flow Sends a Different Signal</h2>
<div class="lb-trans"><h2>另一种观点：折现现金流发出不同信号</h2>
</div><p>While Brookfield Business looks undervalued based on its price-to-sales ratio, the SWS DCF model presents a starkly different perspective. According to this method, the company’s shares are trading well above our estimate of fair value. This raises questions about whether investors may be overly optimistic about a turnaround, or if the market is factoring in information that models do not reflect.</p>
<div class="lb-trans"><p>虽然根据市销率，Brookfield Business 看起来被低估，但 SWS DCF 模型呈现出截然不同的视角。根据该方法，该公司的股票交易价格远高于我们对公允价值的估计。这引发了关于投资者是否可能对反转过于乐观，或者市场是否在考虑模型未反映的信息的问题。</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 模型如何得出其公允价值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf" alt="" original-src="https://images.simplywall.st/company/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf"/></p>
<p>BBUC Discounted Cash Flow as at Nov 2025</p>
<div class="lb-trans"><p>截至 2025 年 11 月的 BBUC 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 Brookfield Business 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 905 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 Brookfield Business）。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 905 只基于现金流的被低估股票。如果您保存筛选器，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 Brookfield Business Narrative</h2>
<div class="lb-trans"><h2>构建您自己的 Brookfield Business 叙述</h2>
</div><p>If you have a different perspective or want to test your own assumptions, take a few minutes to explore the numbers and craft your own outlook. Do it your way</p>
<div class="lb-trans"><p>如果您有不同的观点或想测试自己的假设，请花几分钟时间探索数字并制定自己的展望。按照您的方式进行。</p>
</div><p>A great starting point for your Brookfield Business research is our analysis highlighting 2 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>您对 Brookfield Business 研究的一个很好的起点是我们的分析，强调可能影响您投资决策的两个重要警示信号。</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>Don’t let a single opportunity pass you by. Use the Simply Wall Street screener to unlock powerful stock picks tailored for trends, value, and tomorrow’s winners.</p>
<div class="lb-trans"><p>不要让任何机会从您身边溜走。使用 Simply Wall Street 筛选器解锁针对趋势、价值和明日赢家的强大股票选择。</p>
</div><ul>
<li>Boost your income potential by tapping into these 16 dividend stocks with yields &gt; 3% with generous yields above 3% for a steady flow of dividends.</li>
<li>Catch the next wave of innovation by uncovering market leaders in artificial intelligence through these 26 AI penny stocks.</li>
<li>Seize bargains in today’s market by targeting these 905 undervalued stocks based on cash flows that stand out based on discounted cash flow metrics.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过投资这 16 只股息收益率超过 3% 的股票来提升您的收入潜力，享受稳定的股息流。</li>
<li>通过这 26 只人工智能便士股捕捉下一个创新浪潮，发现市场领导者。</li>
<li>通过针对这些 905 只基于现金流的被低估股票，在今天的市场中寻找便宜货，这些股票在折现现金流指标上表现突出。</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>

在最新财务报告中销售和资产下降后，评估 Brookfield Business Corporation（NYSE:BBUC）的估值