<p>Digi International (DGII) 今年悄然超越了更广泛的市场，股价年初至今上涨了大约 50%，过去 3 个月上涨了约 17%，引起了人们对其物联网（IoT）业务模式的新关注。</p>
<p>查看我们对 Digi International 的最新分析。</p>
<p>这种涨幅，加上最近一个月股价回报超过 10% 和当前股价约为 43.86 美元，表明随着投资者对 Digi International 的物联网增长故事的认可，势头仍在增强，并在强劲的 5 年总股东回报后重新评估风险与收益的权衡。</p>
<p>如果 Digi International 的表现让你重新思考未来的增长来源，探索高增长的科技和人工智能股票可能是你观察名单上的一个潜在补充。</p>
<p>但在如此强劲的多年表现和高估值的情况下，Digi International 是否仍然以真正的折扣交易，还是市场已经在定价下一阶段的物联网驱动增长？</p>
<h2>最受欢迎的叙述：7.3% 低估</h2>
<p>在最后收盘价为 43.86 美元的情况下，最受关注的叙述将 Digi International 的公允价值略微提高，将最近的反弹视为故事的一部分。</p>
<blockquote>
<p><em>客户向 Digi 的基于订阅和经常性收入解决方案的加速转型，加上物联网产品（如蜂窝路由器和基础设施管理设备）的更高附加率，指向持续的两位数年度经常性收入（ARR）增长和改善的利润率，提升了收入稳定性和长期收益。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>好奇稳健但不显眼的收入增长如何仍能支持更高的估值倍数和更高的利润率吗？这个叙述依赖于特定的利润组合转变、多年的收益增长和未来的收益倍数，这些因素共同推动了公允价值。想看看这些动态因素如何叠加，以及它们对 Digi International 股价路径的影响吗？</p>
<p><strong>结果：公允价值为 47.33 美元（低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，较慢的经常性收入增长或区域需求疲软，特别是在亚太地区和欧洲，可能会延迟 Digi International 的收益增长并施加估值假设的压力。</p>
<p>了解 Digi International 叙述的关键风险。</p>
<h2>估值的另一种角度</h2>
<p>远离叙述，Digi International 突然显得昂贵。其市盈率接近 40 倍，远高于同行的 23 倍和通信行业的 30.7 倍，甚至远高于 25.2 倍的公允比率，这引发了未来增长已经被充分考虑的问题。</p>
<p>查看数字对这个价格的看法——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/dc945a63-451c-4283-a003-f31cab992c7c/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/dc945a63-451c-4283-a003-f31cab992c7c/chart/pe-multiple-vs-industry"/></p>
<p>纳斯达克 GS:DGII 截至 2025 年 12 月的市盈率</p>
<h2>自己构建 Digi International 的叙述</h2>
<p>如果你对这个故事有不同的看法或想自己深入研究数字，你可以在几分钟内构建一个新的叙述，按照你的方式进行。</p>
<p>一个好的起点是我们的分析，强调投资者对 Digi International 的 3 个关键回报的乐观预期。</p>
<h2>准备好进行下一个投资动作了吗？</h2>
<p>在你下一个交易之前，利用 Simply Wall Street 的筛选工具，升级你的观察名单，获取你不想错过的新数据驱动的想法。</p>
<ul>
<li>通过扫描这些 914 只基于现金流的低估股票，抓住潜在的错误定价，这些强劲的现金流分析表明市场可能忽视了它们。</li>
<li>利用这些 25 只人工智能便士股票的前沿创新，随着人工智能重塑整个行业，它们可能会受益。</li>
<li>通过瞄准这些 13 只收益率超过 3% 的股息股票，强化你的收入策略，这些股票将吸引人的收益与稳健的基础业务结合在一起。</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，我们的文章并不构成财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也不考虑你的目标或财务状况。我们旨在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>用于国防和灾难的移动基础设施</p>
<p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

美国迪进国际

<p>Digi International (DGII) 的股价大幅上涨，今年迄今已上涨 50%，这得益于其专注于物联网的商业模式。尽管估值较高，但其被认为低估了 7.3%，合理价值为 47.33 美元。公司受益于向基于订阅的收入模式转型以及物联网产品的增长，但风险包括亚太地区和欧洲的收入增长放缓。与同行相比，其市盈率较高，暗示未来的增长可能已经被市场定价</p>

<p>Digi International (DGII) has quietly outperformed the broader market this year, with the stock up roughly 50% year to date and about 17% over the past 3 months, drawing fresh attention to its IoT-focused business model.</p>
<div class="lb-trans"><p>Digi International (DGII) 今年悄然超越了更广泛的市场，股价年初至今上涨了大约 50%，过去 3 个月上涨了约 17%，引起了人们对其物联网（IoT）业务模式的新关注。</p>
</div><p>See our latest analysis for Digi International.</p>
<div class="lb-trans"><p>查看我们对 Digi International 的最新分析。</p>
</div><p>That kind of run, capped by a recent 1 month share price return of just over 10 percent and a current share price around 43 dollars and 86 cents, suggests momentum is still building as investors warm to Digi International's IoT growth story and reassess the risk reward trade off after a strong 5 year total shareholder return.</p>
<div class="lb-trans"><p>这种涨幅，加上最近一个月股价回报超过 10% 和当前股价约为 43.86 美元，表明随着投资者对 Digi International 的物联网增长故事的认可，势头仍在增强，并在强劲的 5 年总股东回报后重新评估风险与收益的权衡。</p>
</div><p>If Digi International's move has you rethinking where growth could come from next, it might be worth exploring high growth tech and AI stocks as a potential companion for your watchlist.</p>
<div class="lb-trans"><p>如果 Digi International 的表现让你重新思考未来的增长来源，探索高增长的科技和人工智能股票可能是你观察名单上的一个潜在补充。</p>
</div><p>But after such a strong multiyear run and a premium valuation score, is Digi International still trading at a genuine discount to its intrinsic worth, or is the market already pricing in the next leg of IoT-driven growth?</p>
<div class="lb-trans"><p>但在如此强劲的多年表现和高估值的情况下，Digi International 是否仍然以真正的折扣交易，还是市场已经在定价下一阶段的物联网驱动增长？</p>
</div><h2>Most Popular Narrative Narrative: 7.3% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：7.3% 低估</h2>
</div><p>Against a last close of 43 dollars and 86 cents, the most followed narrative pegs Digi International's fair value slightly higher, framing the recent rally as only part of the story.</p>
<div class="lb-trans"><p>在最后收盘价为 43.86 美元的情况下，最受关注的叙述将 Digi International 的公允价值略微提高，将最近的反弹视为故事的一部分。</p>
</div><blockquote>
<p><em>The accelerating transition of customers to Digi's subscription based and recurring revenue solutions, combined with higher attach rates on IoT products such as cellular routers and infrastructure management devices, points to ongoing double digit annual recurring revenue (ARR) growth and improved profit margins, boosting both revenue stability and long term earnings.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>客户向 Digi 的基于订阅和经常性收入解决方案的加速转型，加上物联网产品（如蜂窝路由器和基础设施管理设备）的更高附加率，指向持续的两位数年度经常性收入（ARR）增长和改善的利润率，提升了收入稳定性和长期收益。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>Curious how steady but unspectacular revenue growth can still support a richer valuation multiple and higher margins over time? The narrative leans on a specific profit mix shift, a multi year earnings ramp and a future earnings multiple that together do the heavy lifting on fair value. Want to see exactly how those moving parts stack up, and what they imply for Digi International's share price path from here?</p>
<div class="lb-trans"><p>好奇稳健但不显眼的收入增长如何仍能支持更高的估值倍数和更高的利润率吗？这个叙述依赖于特定的利润组合转变、多年的收益增长和未来的收益倍数，这些因素共同推动了公允价值。想看看这些动态因素如何叠加，以及它们对 Digi International 股价路径的影响吗？</p>
</div><p><strong>Result: Fair Value of $47.33 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 47.33 美元（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, slower recurring revenue uptake or prolonged regional demand softness, particularly in APAC and Europe, could delay Digi International's earnings ramp and pressure valuation assumptions.</p>
<div class="lb-trans"><p>然而，较慢的经常性收入增长或区域需求疲软，特别是在亚太地区和欧洲，可能会延迟 Digi International 的收益增长并施加估值假设的压力。</p>
</div><p>Find out about the key risks to this Digi International narrative.</p>
<div class="lb-trans"><p>了解 Digi International 叙述的关键风险。</p>
</div><h2>Another Angle on Valuation</h2>
<div class="lb-trans"><h2>估值的另一种角度</h2>
</div><p>Step away from narratives and Digi International suddenly looks pricey. Its price to earnings ratio sits near 40 times, well above both peers at 23 times and the Communications industry at 30.7 times, and even further from a 25.2 times fair ratio, raising the question of how much future growth is already baked in.</p>
<div class="lb-trans"><p>远离叙述，Digi International 突然显得昂贵。其市盈率接近 40 倍，远高于同行的 23 倍和通信行业的 30.7 倍，甚至远高于 25.2 倍的公允比率，这引发了未来增长已经被充分考虑的问题。</p>
</div><p>See what the numbers say about this price — find out in our valuation breakdown.</p>
<div class="lb-trans"><p>查看数字对这个价格的看法——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/dc945a63-451c-4283-a003-f31cab992c7c/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/dc945a63-451c-4283-a003-f31cab992c7c/chart/pe-multiple-vs-industry"/></p>
<p>NasdaqGS:DGII PE Ratio as at Dec 2025</p>
<div class="lb-trans"><p>纳斯达克 GS:DGII 截至 2025 年 12 月的市盈率</p>
</div><h2>Build Your Own Digi International Narrative</h2>
<div class="lb-trans"><h2>自己构建 Digi International 的叙述</h2>
</div><p>If you see the story differently or want to dig into the numbers yourself, you can build a fresh narrative in just minutes, Do it your way.</p>
<div class="lb-trans"><p>如果你对这个故事有不同的看法或想自己深入研究数字，你可以在几分钟内构建一个新的叙述，按照你的方式进行。</p>
</div><p>A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Digi International.</p>
<div class="lb-trans"><p>一个好的起点是我们的分析，强调投资者对 Digi International 的 3 个关键回报的乐观预期。</p>
</div><h2>Ready for your next investment move?</h2>
<div class="lb-trans"><h2>准备好进行下一个投资动作了吗？</h2>
</div><p>Before your next trade, put Simply Wall Street's screener to work and upgrade your watchlist with fresh, data driven ideas you do not want to miss.</p>
<div class="lb-trans"><p>在你下一个交易之前，利用 Simply Wall Street 的筛选工具，升级你的观察名单，获取你不想错过的新数据驱动的想法。</p>
</div><ul>
<li>Seize potential mispricings by scanning these 914 undervalued stocks based on cash flows that strong cash flow analysis suggests the market may be overlooking.</li>
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</ul>
<div class="lb-trans"><ul>
<li>通过扫描这些 914 只基于现金流的低估股票，抓住潜在的错误定价，这些强劲的现金流分析表明市场可能忽视了它们。</li>
<li>利用这些 25 只人工智能便士股票的前沿创新，随着人工智能重塑整个行业，它们可能会受益。</li>
<li>通过瞄准这些 13 只收益率超过 3% 的股息股票，强化你的收入策略，这些股票将吸引人的收益与稳健的基础业务结合在一起。</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，我们的文章并不构成财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也不考虑你的目标或财务状况。我们旨在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>
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<div class="lb-trans"><p>用于国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
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<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
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<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

美国迪进国际（DGII）在近期股价强劲上涨后是否仍然被低估？