<p>在當今快速變化且競爭激烈的商業世界中，進行全面的公司分析對投資者和行業觀察者至關重要。在本文中，我們將對軟件行業進行廣泛的行業比較，評估 <strong>微軟 MSFT</strong> 與其主要競爭對手的關係。通過對關鍵財務指標、市場地位和增長前景的詳細審查，我們的目標是提供有價值的見解，揭示公司在行業中的表現。</p>
<h3>微軟背景</h3>
<p>微軟開發和許可消費和企業軟件。它以其 Windows 操作系統和 Office 辦公套件而聞名。公司分為三個規模相當的廣泛部門：生產力和業務流程（傳統的 Microsoft Office、基於雲的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能雲（基礎設施和平台即服務產品 Azure、Windows Server 操作系統、SQL Server）以及更個人化的計算（Windows 客户端、Xbox、Bing 搜索、展示廣告以及 Surface 筆記本電腦、平板電腦和台式機）。</p>
<p>通過仔細審查微軟，我們可以識別出以下趨勢：</p>
<ul>
<li><strong>34.79</strong> 的市盈率比行業平均水平低 <strong>0.45x</strong>，這表明該股票可能被低估。</li>
</ul>
<ul>
<li>當前的市淨率為 <strong>10.39</strong>，是行業平均水平的 <strong>0.64x</strong>，遠低於行業平均水平，表明可能被低估。</li>
</ul>
<ul>
<li><strong>12.45</strong> 的市銷率是行業平均水平的 <strong>1.55x</strong>，這表明該股票相對於其銷售表現可能被高估。</li>
</ul>
<ul>
<li>公司的股本回報率（ROE）為 <strong>8.27%</strong>，比行業平均水平低 <strong>1.2%</strong>。這表明在利用股本產生利潤方面可能存在低效，可能歸因於多種因素。</li>
</ul>
<ul>
<li>公司的息税折舊攤銷前利潤（EBITDA）為 <strong>407.1 億美元</strong>，比行業平均水平高出 <strong>61.68x</strong>，表明盈利能力更強，現金流生成穩健。</li>
</ul>
<ul>
<li>公司的毛利潤為 <strong>481.5 億美元</strong>，比行業平均水平高出 <strong>35.4x</strong>，表明盈利能力更強，核心業務的收益更高。</li>
</ul>
<ul>
<li>收入增長率為 <strong>13.27%</strong>，超過行業平均水平 <strong>11.42%</strong>，公司展現出強勁的銷售擴張和市場份額的增長。</li>
</ul>
<h3>債務與股本比率</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1748358024_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw?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://www.benzinga.com/files/images/story/2025/1748358024_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw"/></p>
<p>債務與股本比率（D/E）是一個財務指標，有助於確定與公司資本結構相關的財務風險水平。</p>
<p>在行業比較中考慮債務與股本比率，可以簡明地評估公司的財務健康狀況和風險特徵，幫助做出明智的決策。</p>
<p>在根據債務與股本比率比較微軟與其前四大同行時，可以觀察到以下見解：</p>
<ul>
<li>在債務與股本比率的比較中，微軟的財務狀況相較於其前四大同行更為強勁。</li>
</ul>
<ul>
<li>公司的債務相對於其股本水平較低，表明兩者之間的平衡更為有利，債務與股本比率為 <strong>0.19</strong>。</li>
</ul>
<h3>關鍵要點</h3>
<p>對於軟件行業的微軟而言，市盈率和市淨率表明該股票相較於同行被低估。然而，高市銷率表明市場對微軟的銷售給予了更高的評價。在股本回報率方面，微軟的表現較同行較弱，而其高 EBITDA 和毛利率則表明運營效率強勁。此外，微軟的高收入增長率超越了行業同行，反映出未來盈利潛力的積極前景。</p>
<p><em>本文由 Benzinga 的自動內容引擎生成，並由編輯審核。</em></p>

微軟

<p>這篇文章分析了微軟在軟件行業中相對於競爭對手的地位。主要發現包括其市盈率（P/E）為 34.79，表明可能被低估，而市銷率（P/S）為 12.45，暗示可能被高估。微軟的股本回報率（ROE）為 8.27%，低於行業平均水平，而其息税折舊攤銷前利潤（EBITDA）和毛利潤顯著高於同行，顯示出強勁的盈利能力。該公司還表現出 13.27% 的強勁收入增長，超過行業平均水平。總體而言，微軟展現出強大的運營效率和良好的財務狀況，負債權益比為 0.19，處於較低水平</p>

<p>In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating <strong>Microsoft MSFT</strong> in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our objective is to provide valuable insights and illuminate company's performance in the industry.</p>
<div class="lb-trans"><p>在當今快速變化且競爭激烈的商業世界中，進行全面的公司分析對投資者和行業觀察者至關重要。在本文中，我們將對軟件行業進行廣泛的行業比較，評估 <strong>微軟 MSFT</strong> 與其主要競爭對手的關係。通過對關鍵財務指標、市場地位和增長前景的詳細審查，我們的目標是提供有價值的見解，揭示公司在行業中的表現。</p>
</div><h3>Microsoft Background</h3>
<div class="lb-trans"><h3>微軟背景</h3>
</div><p>Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).</p>
<div class="lb-trans"><p>微軟開發和許可消費和企業軟件。它以其 Windows 操作系統和 Office 辦公套件而聞名。公司分為三個規模相當的廣泛部門：生產力和業務流程（傳統的 Microsoft Office、基於雲的 Office 365、Exchange、SharePoint、Skype、LinkedIn、Dynamics）、智能雲（基礎設施和平台即服務產品 Azure、Windows Server 操作系統、SQL Server）以及更個人化的計算（Windows 客户端、Xbox、Bing 搜索、展示廣告以及 Surface 筆記本電腦、平板電腦和台式機）。</p>
</div><p>By closely examining Microsoft, we can identify the following trends:</p>
<div class="lb-trans"><p>通過仔細審查微軟，我們可以識別出以下趨勢：</p>
</div><ul>
<li>The Price to Earnings ratio of <strong>34.79</strong> is <strong>0.45x</strong> lower than the industry average, indicating potential undervaluation for the stock.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>34.79</strong> 的市盈率比行業平均水平低 <strong>0.45x</strong>，這表明該股票可能被低估。</li>
</ul>
</div><ul>
<li>The current Price to Book ratio of <strong>10.39</strong>, which is <strong>0.64x</strong> the industry average, is substantially lower than the industry average, indicating potential undervaluation.</li>
</ul>
<div class="lb-trans"><ul>
<li>當前的市淨率為 <strong>10.39</strong>，是行業平均水平的 <strong>0.64x</strong>，遠低於行業平均水平，表明可能被低估。</li>
</ul>
</div><ul>
<li>The Price to Sales ratio of <strong>12.45</strong>, which is <strong>1.55x</strong> the industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>12.45</strong> 的市銷率是行業平均水平的 <strong>1.55x</strong>，這表明該股票相對於其銷售表現可能被高估。</li>
</ul>
</div><ul>
<li>The company has a lower Return on Equity (ROE) of <strong>8.27%</strong>, which is <strong>1.2%</strong> below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的股本回報率（ROE）為 <strong>8.27%</strong>，比行業平均水平低 <strong>1.2%</strong>。這表明在利用股本產生利潤方面可能存在低效，可能歸因於多種因素。</li>
</ul>
</div><ul>
<li>The company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of <strong>$40.71 Billion</strong>, which is <strong>61.68x</strong> above the industry average, indicating stronger profitability and robust cash flow generation.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的息税折舊攤銷前利潤（EBITDA）為 <strong>407.1 億美元</strong>，比行業平均水平高出 <strong>61.68x</strong>，表明盈利能力更強，現金流生成穩健。</li>
</ul>
</div><ul>
<li>The company has higher gross profit of <strong>$48.15 Billion</strong>, which indicates <strong>35.4x</strong> above the industry average, indicating stronger profitability and higher earnings from its core operations.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的毛利潤為 <strong>481.5 億美元</strong>，比行業平均水平高出 <strong>35.4x</strong>，表明盈利能力更強，核心業務的收益更高。</li>
</ul>
</div><ul>
<li>With a revenue growth of <strong>13.27%</strong>, which surpasses the industry average of <strong>11.42%</strong>, the company is demonstrating robust sales expansion and gaining market share.</li>
</ul>
<div class="lb-trans"><ul>
<li>收入增長率為 <strong>13.27%</strong>，超過行業平均水平 <strong>11.42%</strong>，公司展現出強勁的銷售擴張和市場份額的增長。</li>
</ul>
</div><h3>Debt To Equity Ratio</h3>
<div class="lb-trans"><h3>債務與股本比率</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1748358024_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw" alt="" original-src="https://www.benzinga.com/files/images/story/2025/1748358024_0.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1080"/></p>
<p>The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.</p>
<div class="lb-trans"><p>債務與股本比率（D/E）是一個財務指標，有助於確定與公司資本結構相關的財務風險水平。</p>
</div><p>Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.</p>
<div class="lb-trans"><p>在行業比較中考慮債務與股本比率，可以簡明地評估公司的財務健康狀況和風險特徵，幫助做出明智的決策。</p>
</div><p>When comparing Microsoft with its top 4 peers based on the Debt-to-Equity ratio, the following insights can be observed:</p>
<div class="lb-trans"><p>在根據債務與股本比率比較微軟與其前四大同行時，可以觀察到以下見解：</p>
</div><ul>
<li>When comparing the debt-to-equity ratio, Microsoft is in a stronger financial position compared to its top 4 peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>在債務與股本比率的比較中，微軟的財務狀況相較於其前四大同行更為強勁。</li>
</ul>
</div><ul>
<li>The company has a lower level of debt relative to its equity, indicating a more favorable balance between the two with a lower debt-to-equity ratio of <strong>0.19</strong>.</li>
</ul>
<div class="lb-trans"><ul>
<li>公司的債務相對於其股本水平較低，表明兩者之間的平衡更為有利，債務與股本比率為 <strong>0.19</strong>。</li>
</ul>
</div><h3>Key Takeaways</h3>
<div class="lb-trans"><h3>關鍵要點</h3>
</div><p>For Microsoft in the Software industry, the PE and PB ratios suggest that the stock is undervalued compared to its peers. However, the high PS ratio indicates that the market values Microsoft's sales more highly. In terms of ROE, Microsoft's performance is weaker compared to its peers, while its high EBITDA and gross profit margins indicate strong operational efficiency. Additionally, Microsoft's high revenue growth rate outperforms its industry peers, reflecting a positive outlook for future earnings potential.</p>
<div class="lb-trans"><p>對於軟件行業的微軟而言，市盈率和市淨率表明該股票相較於同行被低估。然而，高市銷率表明市場對微軟的銷售給予了更高的評價。在股本回報率方面，微軟的表現較同行較弱，而其高 EBITDA 和毛利率則表明運營效率強勁。此外，微軟的高收入增長率超越了行業同行，反映出未來盈利潛力的積極前景。</p>
</div><p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>
<div class="lb-trans"><p><em>本文由 Benzinga 的自動內容引擎生成，並由編輯審核。</em></p>
</div>

Investigating Microsoft's Standing In Software Industry Compared To Competitors

- 微軟在軟件行業的市盈率和市淨率顯示其股票可能被低估。  
- 公司的市銷率較高，表明市場對其銷售的重視。  
- 微軟的收入增長率超過行業平均水平，展現出積極的未來盈利潛力。  

調查微軟在軟件行業中相較於競爭對手的地位