<p>我們認為所有投資者都應該嘗試購買並持有高質量的多年度贏家。多年來，我們見證了一些真正驚人的收益。你不相信嗎？那麼看看 <strong>Hudbay Minerals Inc.</strong> (TSE:HBM) 的股價。它比五年前上漲了 349%。這只是一些長期投資者所取得的巨大收益的一個例子。另一方面，過去一週股價回落了 5.8%。但請注意，自上週以來，整體市場下跌了 0.6%，這可能影響了 Hudbay Minerals 的股價。</p>
<p>鑑於過去一週股價下跌了 5.8%，我們想調查更長期的故事，看看基本面是否推動了公司積極的五年回報。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
<p>儘管有效市場假説仍然被一些人教授，但市場被證明是過度反應的動態系統，投資者並不總是理性。評估公司情緒變化的一個有缺陷但合理的方法是將每股收益（EPS）與股價進行比較。</p>
<p>在過去的五年中，Hudbay Minerals 實現了盈利。有時，盈利的開始是一個主要的轉折點，可能預示着快速的收益增長，這反過來又證明了非常強勁的股價上漲。</p>
<p>你可以在下面看到 EPS 隨時間的變化（點擊圖片可發現確切值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1789909-earnings-per-share-growth-1-dark/1743344894545?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/1789909-earnings-per-share-growth-1-dark/1743344894545"/></p>
<p>TSX:HBM 每股收益增長 2025 年 3 月 30 日</p>
<p>值得注意的是，我們在上個季度看到顯著的內部人士買入，這被我們視為積極信號。另一方面，我們認為收入和收益趨勢是衡量業務更有意義的指標。查看我們關於 Hudbay Minerals 的收益、收入和現金流的 <strong>免費</strong> 報告可能非常值得。</p>
<h2>股息情況如何？</h2>
<p>考慮任何給定股票的總股東回報以及股價回報是很重要的。總股東回報（TSR）是一種回報計算，考慮了現金股息的價值（假設收到的任何股息都被再投資）以及任何折價融資和分拆的計算價值。可以公平地説，TSR 為支付股息的股票提供了更完整的圖景。我們注意到，Hudbay Minerals 在過去五年的 TSR 為 354%，這比上述的股價回報更好。顯然，股息支付在很大程度上解釋了這種差異！</p>
<h2>不同的視角</h2>
<p>很高興看到 Hudbay Minerals 的股東在過去一年中獲得了 16% 的總股東回報。這包括股息。話雖如此，五年的年均 TSR 為 35%，更為出色。悲觀的觀點可能是這隻股票的最佳時期已經過去，但另一方面，股價可能只是適度調整，而業務本身仍在持續執行。如果你想進一步研究這隻股票，內部人士買入的數據顯然是一個好的起點。你可以點擊這裏查看誰在購買股票——以及他們支付的價格。</p>
<p>Hudbay Minerals 並不是唯一一隻內部人士在買入的股票。所以請查看這份 <strong>免費</strong> 列表，裏面是一些內部人士正在購買的估值吸引的小型公司。</p>
<p><em>請注意，本文中引用的市場回報反映了目前在加拿大交易所交易的股票的市場加權平均回報。</em></p>

<p>Hudbay Minerals（多倫多證券交易所代碼：HBM）在過去一週的股價下跌了 5.8%，導致市值損失了 2.69 億加元。然而，股東在過去五年中享受到了驚人的 354% 的總股東回報率（TSR），這得益於公司的盈利能力和分紅。儘管近期波動頻繁，但長期前景依然樂觀，內部人士的顯著買入也表明了這一點。該公司五年的年均 TSR 為 35%，顯示出強勁的表現，這表明儘管股價可能正在穩定，但業務基本面仍然支持增長</p>

<p>We think all investors should try to buy and hold high quality multi-year winners. And we've seen some truly amazing gains over the years. Don't believe it? Then look at the <strong>Hudbay Minerals Inc.</strong> (TSE:HBM) share price. It's 349% higher than it was five years ago. And this is just one example of the epic gains achieved by some long term investors. On the other hand, the stock price has retraced 5.8% in the last week. But note that the broader market is down 0.6% since last week, and this may have impacted Hudbay Minerals' share price.</p>
<div class="lb-trans"><p>我們認為所有投資者都應該嘗試購買並持有高質量的多年度贏家。多年來，我們見證了一些真正驚人的收益。你不相信嗎？那麼看看 <strong>Hudbay Minerals Inc.</strong> (TSE:HBM) 的股價。它比五年前上漲了 349%。這只是一些長期投資者所取得的巨大收益的一個例子。另一方面，過去一週股價回落了 5.8%。但請注意，自上週以來，整體市場下跌了 0.6%，這可能影響了 Hudbay Minerals 的股價。</p>
</div><p>In light of the stock dropping 5.8% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return.</p>
<div class="lb-trans"><p>鑑於過去一週股價下跌了 5.8%，我們想調查更長期的故事，看看基本面是否推動了公司積極的五年回報。</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>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
</div><p>While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.</p>
<div class="lb-trans"><p>儘管有效市場假説仍然被一些人教授，但市場被證明是過度反應的動態系統，投資者並不總是理性。評估公司情緒變化的一個有缺陷但合理的方法是將每股收益（EPS）與股價進行比較。</p>
</div><p>During the last half decade, Hudbay Minerals became profitable. Sometimes, the start of profitability is a major inflection point that can signal fast earnings growth to come, which in turn justifies very strong share price gains.</p>
<div class="lb-trans"><p>在過去的五年中，Hudbay Minerals 實現了盈利。有時，盈利的開始是一個主要的轉折點，可能預示着快速的收益增長，這反過來又證明了非常強勁的股價上漲。</p>
</div><p>You can see below how EPS has changed over time (discover the exact values by clicking on the image).</p>
<div class="lb-trans"><p>你可以在下面看到 EPS 隨時間的變化（點擊圖片可發現確切值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1789909-earnings-per-share-growth-1-dark/1743344894545" alt="" original-src="https://images.simplywall.st/asset/chart/1789909-earnings-per-share-growth-1-dark/1743344894545"/></p>
<p>TSX:HBM Earnings Per Share Growth March 30th 2025</p>
<div class="lb-trans"><p>TSX:HBM 每股收益增長 2025 年 3 月 30 日</p>
</div><p>It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. It might be well worthwhile taking a look at our <strong>free</strong> report on Hudbay Minerals' earnings, revenue and cash flow.</p>
<div class="lb-trans"><p>值得注意的是，我們在上個季度看到顯著的內部人士買入，這被我們視為積極信號。另一方面，我們認為收入和收益趨勢是衡量業務更有意義的指標。查看我們關於 Hudbay Minerals 的收益、收入和現金流的 <strong>免費</strong> 報告可能非常值得。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情況如何？</h2>
</div><p>It is important to consider the total shareholder return, as well as the share price return, for any given stock. 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. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. We note that for Hudbay Minerals the TSR over the last 5 years was 354%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence!</p>
<div class="lb-trans"><p>考慮任何給定股票的總股東回報以及股價回報是很重要的。總股東回報（TSR）是一種回報計算，考慮了現金股息的價值（假設收到的任何股息都被再投資）以及任何折價融資和分拆的計算價值。可以公平地説，TSR 為支付股息的股票提供了更完整的圖景。我們注意到，Hudbay Minerals 在過去五年的 TSR 為 354%，這比上述的股價回報更好。顯然，股息支付在很大程度上解釋了這種差異！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的視角</h2>
</div><p>It's nice to see that Hudbay Minerals shareholders have received a total shareholder return of 16% over the last year. That's including the dividend. Having said that, the five-year TSR of 35% a year, is even better. The pessimistic view would be that be that the stock has its best days behind it, but on the other hand the price might simply be moderating while the business itself continues to execute. If you want to research this stock further, the data on insider buying is an obvious place to start. You can click here to see who has been buying shares - and the price they paid.</p>
<div class="lb-trans"><p>很高興看到 Hudbay Minerals 的股東在過去一年中獲得了 16% 的總股東回報。這包括股息。話雖如此，五年的年均 TSR 為 35%，更為出色。悲觀的觀點可能是這隻股票的最佳時期已經過去，但另一方面，股價可能只是適度調整，而業務本身仍在持續執行。如果你想進一步研究這隻股票，內部人士買入的數據顯然是一個好的起點。你可以點擊這裏查看誰在購買股票——以及他們支付的價格。</p>
</div><p>Hudbay Minerals is not the only stock insiders are buying. So take a peek at this <strong>free</strong> list of small cap companies at attractive valuations which insiders have been buying.</p>
<div class="lb-trans"><p>Hudbay Minerals 並不是唯一一隻內部人士在買入的股票。所以請查看這份 <strong>免費</strong> 列表，裏面是一些內部人士正在購買的估值吸引的小型公司。</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 Canadian exchanges.</em></p>
<div class="lb-trans"><p><em>請注意，本文中引用的市場回報反映了目前在加拿大交易所交易的股票的市場加權平均回報。</em></p>
</div>

儘管 Hudbay Minerals（TSE:HBM）在過去 7 天內市值損失了 2.69 億加元，但股東在過去 5 年內的收益仍然上漲了 354%