<p>HF Sinclair (DINO) 最近几个月波动较大，过去一个月股价下滑约 13%，过去三个月下滑 14%，尽管过去一年表现强劲。</p>
<p>查看我们对 HF Sinclair 的最新分析。</p>
<p>最近的下滑更像是一次喘息，而非崩溃，股价年初至今仍大幅上涨，三年总股东回报保持正值，而五年总股东回报尤其令人印象深刻。</p>
<p>如果 HF Sinclair 的走势让你重新考虑能源投资，可能是时候扫描航空航天和国防股票，寻找其他具有韧性和现金生成能力的企业。</p>
<p>随着收益仍在增长，且股价相较分析师目标价有两位数的折扣，投资者现在面临一个关键问题：在这次回调后，HF Sinclair 是否被低估，还是市场已经在定价其未来增长？</p>
<h2>最受欢迎的叙述：23.4% 被低估</h2>
<p>HF Sinclair 收盘价为 46.35 美元，而叙述的公允价值为 60.53 美元，这一故事明显倾向于有显著的上涨潜力。</p>
<p><em>持续的股票回购和对资本回报的承诺，在保守的资产负债表和强劲的现金流生成的支撑下，被描述为可能支持长期每股收益增长和股东价值的关键因素。</em></p>
<p>阅读完整的叙述。</p>
<p>好奇温和的收入增长假设、扩大的利润率和更高的未来收益倍数如何结合以支持更高的价值？完整的叙述详细解析了数学、时间线和资本回报策略。</p>
<p><strong>结果：公允价值为 60.53 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，更快的电动车采用和顽固的可再生能源利润率疲软可能会压缩炼油量，并延迟这一叙述所依赖的收益和倍数扩张。</p>
<p>了解 HF Sinclair 叙述的关键风险。</p>
<h2>另一种价值视角</h2>
<p>虽然叙述的公允价值指向上涨，但简单的基于收益的观点则更为谨慎。HF Sinclair 的市盈率为 21.8 倍，高于美国石油和天然气行业的 12.9 倍及其自身的公允比率 19.4 倍。这表明如果增长未能达标，安全边际有限。</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/16dd18a1-08e7-46c4-9565-47eea485b1f6/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="" width="1640" height="650" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/16dd18a1-08e7-46c4-9565-47eea485b1f6/chart/pe-multiple-vs-industry"/></p>
<p>截至 2025 年 12 月 NYSE:DINO 市盈率</p>
<h2>自建 HF Sinclair 叙述</h2>
<p>如果你更愿意自己深入数字并挑战这些假设，可以在几分钟内构建完整的叙述，按你的方式进行。</p>
<p>HF Sinclair 研究的一个很好的起点是我们的分析，突出了 3 个关键回报和 1 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>现在就利用你的研究势头，挖掘 Simply Wall Street 的筛选器中的新机会，以免错过他人抓住的机会。</p>
<ul>
<li>通过扫描这些基于现金流的 901 只被低估的股票，捕捉潜在的错误定价，这些股票可能在大众注意到之前提供强劲的现金流上行空间。</li>
<li>通过瞄准这 24 只定位于长期增长的 AI 小型股，利用前沿自动化和数据科学的结构性顺风。</li>
<li>通过关注这些收益率超过 3% 的 10 只股息股票，增强你的收入流，这些股票可以帮助支持不同市场周期中的回报。</li>
</ul>
<p><em>本文由 Simply Wall St 撰写，性质为一般性。<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>移动基础设施用于国防和灾难</p>
<p>下一波机器人革命不是人形机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，随处可用。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

DINO

<p>HF Sinclair (DINO) 最近经历了股价回调，过去一个月下跌了 13%。尽管如此，该股票被认为被低估，合理价值为 60.53 美元，而当前价格为 46.35 美元。公司显示出强劲的现金流和持续的股票回购，支持长期增长。然而，风险包括电动车采用速度加快和可再生能源利润微薄。HF Sinclair 的市盈率高于行业平均水平，这表明如果增长未达预期，安全性有限。建议投资者探索其他具有韧性的股票</p>

<p>HF Sinclair (DINO) has had a choppy few months, with the stock sliding roughly 13% over the past month and 14% over the past 3 months, even after a strong year.</p>
<div class="lb-trans"><p>HF Sinclair (DINO) 最近几个月波动较大，过去一个月股价下滑约 13%，过去三个月下滑 14%，尽管过去一年表现强劲。</p>
</div><p>See our latest analysis for HF Sinclair.</p>
<div class="lb-trans"><p>查看我们对 HF Sinclair 的最新分析。</p>
</div><p>The recent slide looks more like a breather than a breakdown, with the share price still up strongly year to date and a three year total shareholder return that remains positive, while the five year total shareholder return is particularly impressive.</p>
<div class="lb-trans"><p>最近的下滑更像是一次喘息，而非崩溃，股价年初至今仍大幅上涨，三年总股东回报保持正值，而五年总股东回报尤其令人印象深刻。</p>
</div><p>If HF Sinclair’s moves have you rethinking your energy exposure, it could be a good moment to scan aerospace and defense stocks for other resilient, cash generative businesses.</p>
<div class="lb-trans"><p>如果 HF Sinclair 的走势让你重新考虑能源投资，可能是时候扫描航空航天和国防股票，寻找其他具有韧性和现金生成能力的企业。</p>
</div><p>With earnings still growing and the stock trading at a double digit discount to analyst targets, investors now face a key question: is HF Sinclair undervalued after this pullback, or are markets already pricing in its future growth?</p>
<div class="lb-trans"><p>随着收益仍在增长，且股价相较分析师目标价有两位数的折扣，投资者现在面临一个关键问题：在这次回调后，HF Sinclair 是否被低估，还是市场已经在定价其未来增长？</p>
</div><h2>Most Popular Narrative: 23.4% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：23.4% 被低估</h2>
</div><p>With HF Sinclair closing at $46.35 against a narrative fair value of $60.53, the storyline leans heavily toward meaningful upside potential.</p>
<div class="lb-trans"><p>HF Sinclair 收盘价为 46.35 美元，而叙述的公允价值为 60.53 美元，这一故事明显倾向于有显著的上涨潜力。</p>
</div><p><em>Ongoing share repurchases and a commitment to capital returns, underpinned by a conservative balance sheet and robust cash flow generation, are described as key factors that may support long-term EPS growth and shareholder value.</em></p>
<div class="lb-trans"><p><em>持续的股票回购和对资本回报的承诺，在保守的资产负债表和强劲的现金流生成的支撑下，被描述为可能支持长期每股收益增长和股东价值的关键因素。</em></p>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整的叙述。</p>
</div><p>Curious how modest top line growth assumptions, expanding margins, and a richer future earnings multiple combine to support that higher value? The full narrative unpacks the math, the timelines, and the capital return playbook in detail.</p>
<div class="lb-trans"><p>好奇温和的收入增长假设、扩大的利润率和更高的未来收益倍数如何结合以支持更高的价值？完整的叙述详细解析了数学、时间线和资本回报策略。</p>
</div><p><strong>Result: Fair Value of $60.53 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 60.53 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, faster EV adoption and stubbornly weak renewable margins could compress refining volumes and delay the earnings and multiple expansion that this narrative relies on.</p>
<div class="lb-trans"><p>然而，更快的电动车采用和顽固的可再生能源利润率疲软可能会压缩炼油量，并延迟这一叙述所依赖的收益和倍数扩张。</p>
</div><p>Find out about the key risks to this HF Sinclair narrative.</p>
<div class="lb-trans"><p>了解 HF Sinclair 叙述的关键风险。</p>
</div><h2>Another Lens On Value</h2>
<div class="lb-trans"><h2>另一种价值视角</h2>
</div><p>While the narrative fair value points to upside, a simple earnings based view is more cautious. HF Sinclair trades on a 21.8x P E ratio, above the US Oil and Gas industry at 12.9x and its own fair ratio of 19.4x. This suggests limited margin of safety if growth underdelivers.</p>
<div class="lb-trans"><p>虽然叙述的公允价值指向上涨，但简单的基于收益的观点则更为谨慎。HF Sinclair 的市盈率为 21.8 倍，高于美国石油和天然气行业的 12.9 倍及其自身的公允比率 19.4 倍。这表明如果增长未能达标，安全边际有限。</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/16dd18a1-08e7-46c4-9565-47eea485b1f6/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/16dd18a1-08e7-46c4-9565-47eea485b1f6/chart/pe-multiple-vs-industry"/></p>
<p>NYSE:DINO PE Ratio as at Dec 2025</p>
<div class="lb-trans"><p>截至 2025 年 12 月 NYSE:DINO 市盈率</p>
</div><h2>Build Your Own HF Sinclair Narrative</h2>
<div class="lb-trans"><h2>自建 HF Sinclair 叙述</h2>
</div><p>If you would rather dig into the numbers yourself and challenge these assumptions, you can build a complete narrative in just a few minutes, Do it your way.</p>
<div class="lb-trans"><p>如果你更愿意自己深入数字并挑战这些假设，可以在几分钟内构建完整的叙述，按你的方式进行。</p>
</div><p>A great starting point for your HF Sinclair research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.</p>
<div class="lb-trans"><p>HF Sinclair 研究的一个很好的起点是我们的分析，突出了 3 个关键回报和 1 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>Put your research momentum to work now and tap into fresh opportunities on Simply Wall Street’s Screener, so you are not left watching others seize them.</p>
<div class="lb-trans"><p>现在就利用你的研究势头，挖掘 Simply Wall Street 的筛选器中的新机会，以免错过他人抓住的机会。</p>
</div><ul>
<li>Capture potential mispricings by scanning these 901 undervalued stocks based on cash flows that may offer strong cash flow upside before the crowd catches on.</li>
<li>Harness structural tailwinds in cutting edge automation and data science by targeting these 24 AI penny stocks positioned for long runway growth.</li>
<li>Strengthen your income stream by focusing on these 10 dividend stocks with yields &gt; 3% that can help support returns through different market cycles.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过扫描这些基于现金流的 901 只被低估的股票，捕捉潜在的错误定价，这些股票可能在大众注意到之前提供强劲的现金流上行空间。</li>
<li>通过瞄准这 24 只定位于长期增长的 AI 小型股，利用前沿自动化和数据科学的结构性顺风。</li>
<li>通过关注这些收益率超过 3% 的 10 只股息股票，增强你的收入流，这些股票可以帮助支持不同市场周期中的回报。</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，性质为一般性。<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>移动基础设施用于国防和灾难</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>下一波机器人革命不是人形机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，随处可用。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

HF Sinclair (DINO)：在最近股价回调后重新评估其估值