<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value?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/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value"/></p>
<p>TSE:6146 1 年股價與公允價值對比</p>
<p>探索社區對 Disco 的公允價值並選擇你的觀點</p>
<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。例如，<strong>Disco Corporation</strong>（TSE:6146）的股價在過去五年中上漲了驚人的 386%，對於長期持有者來説，這是一個可觀的回報。這充分展示了一些企業能夠實現的價值創造。此外，股價在大約一個季度內上漲了 34%。這可能與最近發佈的財務結果有關——你可以通過閲讀我們的公司報告來了解最新數據。</p>
<p>鑑於該股票在過去一週下跌了 4.0%，我們希望調查更長期的故事，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。查看完整列表是免費的。</p>
<p>用本傑明·格雷厄姆的話説：在短期內，市場是一個投票機，但在長期內，它是一個稱重機。檢查市場情緒如何隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</p>
<p>在過去的五年中，Disco 每年的每股收益增長率達到了 34%。這一 EPS 增長與股價的 37% 年均增長率相當接近。這表明，市場對公司的情緒在這段時間內變化不大。實際上，股價似乎在很大程度上反映了 EPS 的增長。</p>
<p>你可以在下面的圖像中看到 EPS 隨時間的變化（點擊圖表查看確切數值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062?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/882580-earnings-per-share-growth-1-dark-2/1754519556062"/></p>
<p>TSE:6146 每股收益增長 2025 年 8 月 6 日</p>
<p>我們知道 Disco 最近改善了其底線，但它的收入會增長嗎？你可以查看這份 <strong>免費的</strong> 報告，瞭解分析師的收入預測。</p>
<h2>股息情況如何？</h2>
<p>考慮任何股票的總股東回報以及股價回報是很重要的。股價回報僅反映股價的變化，而總股東回報（TSR）則包括股息的價值（假設它們被再投資）以及任何折扣資本籌集或分拆的好處。可以公平地説，TSR 為支付股息的股票提供了更完整的圖景。實際上，Disco 在過去 5 年的 TSR 為 430%，超過了之前提到的股價回報。這主要是由於其股息支付！</p>
<h2>不同的視角</h2>
<p>儘管大盤在過去一年中上漲了約 24%，但 Disco 的股東卻損失了 6.0%（即使包括股息）。即使是優質股票的股價有時也會下跌，但我們希望在對業務產生濃厚興趣之前，看到基本指標的改善。長期投資者可能不會太沮喪，因為他們在五年內每年獲得了 40% 的回報。最近的拋售可能是一個機會，因此值得檢查基本數據以尋找長期增長趨勢的跡象。雖然考慮市場條件對股價的不同影響是非常重要的，但還有其他因素更為重要。例如，我們發現 <strong>Disco 有一個警告信號</strong>，在投資之前你應該注意。</p>
<p>當然，<strong>你可能會通過尋找其他地方找到一個絕佳的投資機會。</strong> 所以請查看這份 <strong>免費的</strong> 公司名單，我們預計這些公司將會增長收益。</p>
<p><em>請注意，本文中引用的市場回報反映了目前在日本交易所交易的股票的市場加權平均回報。</em></p>

6146

<p>迪斯科公司（TSE:6146）在過去五年中實現了驚人的 386% 的股價增長，總股東回報率（TSR）達到 430%，這主要得益於股息支付。儘管最近股價下跌了 4%，但公司的每股收益（EPS）以 34% 的年增長率增長，與股價的上漲密切相關。然而，股東在過去一年中面臨了 6% 的損失，而整體市場則上漲了 24%。建議投資者考慮基本面指標，以評估長期增長潛力</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value" alt="" original-src="https://images.simplywall.st/company/148A264B-18EC-4583-B3D6-EB099F9D8D31/chart/price-vs-fair-value"/></p>
<p>TSE:6146 1 Year Share Price vs Fair Value</p>
<div class="lb-trans"><p>TSE:6146 1 年股價與公允價值對比</p>
</div><p>Explore Disco's Fair Values from the Community and select yours</p>
<div class="lb-trans"><p>探索社區對 Disco 的公允價值並選擇你的觀點</p>
</div><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. For example, the <strong>Disco Corporation</strong> (TSE:6146) share price is up a whopping 386% in the last half decade, a handsome return for long term holders. This just goes to show the value creation that some businesses can achieve. On top of that, the share price is up 34% in about a quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report.</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。例如，<strong>Disco Corporation</strong>（TSE:6146）的股價在過去五年中上漲了驚人的 386%，對於長期持有者來説，這是一個可觀的回報。這充分展示了一些企業能夠實現的價值創造。此外，股價在大約一個季度內上漲了 34%。這可能與最近發佈的財務結果有關——你可以通過閲讀我們的公司報告來了解最新數據。</p>
</div><p>In light of the stock dropping 4.0% 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>鑑於該股票在過去一週下跌了 4.0%，我們希望調查更長期的故事，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。查看完整列表是免費的。</p>
</div><p>To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).</p>
<div class="lb-trans"><p>用本傑明·格雷厄姆的話説：在短期內，市場是一個投票機，但在長期內，它是一個稱重機。檢查市場情緒如何隨時間變化的一種方法是觀察公司股價與每股收益（EPS）之間的互動。</p>
</div><p>Over half a decade, Disco managed to grow its earnings per share at 34% a year. This EPS growth is reasonably close to the 37% average annual increase in the share price. That suggests that the market sentiment around the company hasn't changed much over that time. In fact, the share price seems to largely reflect the EPS growth.</p>
<div class="lb-trans"><p>在過去的五年中，Disco 每年的每股收益增長率達到了 34%。這一 EPS 增長與股價的 37% 年均增長率相當接近。這表明，市場對公司的情緒在這段時間內變化不大。實際上，股價似乎在很大程度上反映了 EPS 的增長。</p>
</div><p>You can see how EPS has changed over time in the image below (click on the chart to see the exact values).</p>
<div class="lb-trans"><p>你可以在下面的圖像中看到 EPS 隨時間的變化（點擊圖表查看確切數值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062" alt="" original-src="https://images.simplywall.st/asset/chart/882580-earnings-per-share-growth-1-dark-2/1754519556062"/></p>
<p>TSE:6146 Earnings Per Share Growth August 6th 2025</p>
<div class="lb-trans"><p>TSE:6146 每股收益增長 2025 年 8 月 6 日</p>
</div><p>We know that Disco has improved its bottom line lately, but is it going to grow revenue? You could check out this <strong>free</strong> report showing analyst revenue forecasts.</p>
<div class="lb-trans"><p>我們知道 Disco 最近改善了其底線，但它的收入會增長嗎？你可以查看這份 <strong>免費的</strong> 報告，瞭解分析師的收入預測。</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. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Disco's TSR for the last 5 years was 430%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!</p>
<div class="lb-trans"><p>考慮任何股票的總股東回報以及股價回報是很重要的。股價回報僅反映股價的變化，而總股東回報（TSR）則包括股息的價值（假設它們被再投資）以及任何折扣資本籌集或分拆的好處。可以公平地説，TSR 為支付股息的股票提供了更完整的圖景。實際上，Disco 在過去 5 年的 TSR 為 430%，超過了之前提到的股價回報。這主要是由於其股息支付！</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的視角</h2>
</div><p>While the broader market gained around 24% in the last year, Disco shareholders lost 6.0% (even including dividends). Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. Longer term investors wouldn't be so upset, since they would have made 40%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. For example, we've discovered <strong>1 warning sign for Disco</strong> that you should be aware of before investing here.</p>
<div class="lb-trans"><p>儘管大盤在過去一年中上漲了約 24%，但 Disco 的股東卻損失了 6.0%（即使包括股息）。即使是優質股票的股價有時也會下跌，但我們希望在對業務產生濃厚興趣之前，看到基本指標的改善。長期投資者可能不會太沮喪，因為他們在五年內每年獲得了 40% 的回報。最近的拋售可能是一個機會，因此值得檢查基本數據以尋找長期增長趨勢的跡象。雖然考慮市場條件對股價的不同影響是非常重要的，但還有其他因素更為重要。例如，我們發現 <strong>Disco 有一個警告信號</strong>，在投資之前你應該注意。</p>
</div><p>Of course, <strong>you might find a fantastic investment by looking elsewhere.</strong> So take a peek at this <strong>free</strong> list of companies we expect will grow earnings.</p>
<div class="lb-trans"><p>當然，<strong>你可能會通過尋找其他地方找到一個絕佳的投資機會。</strong> 所以請查看這份 <strong>免費的</strong> 公司名單，我們預計這些公司將會增長收益。</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 Japanese 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日本交易所交易的股票的市場加權平均回報。</em></p>
</div>

Disco（TSE:6146）的五年總股東回報率超過了其基礎收益的增長