<p>在當今快速變化和競爭激烈的商業環境中，投資者和行業愛好者必須對公司進行深入分析。本文將對軟件行業中的 <strong>Microsoft (NASDAQ:MSFT)</strong> 進行全面的行業比較，評估其與主要競爭對手的表現。通過考察關鍵財務指標、市場地位和增長前景，我們旨在為投資者提供有價值的見解，並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）以及更多個人計算（Windows 客户端、Xbox、Bing 搜索、展示廣告以及 Surface 筆記本、平板電腦和台式機）。</p>
<p>經過對微軟的全面分析，可以識別出以下趨勢：</p>
<ul>
<li>股票的市盈率為 37.97，低於行業平均水平 0.3 倍，暗示市場參與者眼中的潛在價值。</li>
<li>當前的市淨率為 11.21，約為行業平均水平的 0.81 倍，顯著低於行業平均水平，表明潛在的低估。</li>
<li>根據銷售表現，股票的市銷率為 13.72，約為行業平均水平的 0.81 倍，可以認為被低估。</li>
<li>公司的股本回報率（ROE）為 8.19%，高於行業平均水平 1.13%，表明公司有效利用股本來產生利潤。</li>
<li>公司展現出更高的息税折舊攤銷前利潤（EBITDA）為 444.3 億美元，約為行業平均水平的 56.96 倍，暗示更強的盈利能力和穩健的現金流生成。</li>
<li>更高的毛利潤為 524.3 億美元，約為行業平均水平的 34.72 倍，表明公司在核心業務中展現出更強的盈利能力和更高的收益。</li>
<li>收入增長為 18.1%，遠低於行業平均水平的 64.8%，公司在銷售擴張方面正經歷顯著放緩。</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/2025/1759330819_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/2025/1759330819_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw"/></p>
<p>債務與股本比率（D/E）是公司財務健康狀況及其對債務融資依賴程度的關鍵指標。</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>通過考慮債務與股本比率，微軟可以與其前四大同行進行比較，得出以下觀察結果：</p>
<ul>
<li>與行業內前四大同行相比，微軟展現出更強的財務狀況。</li>
<li>公司的債務與股本比率為 0.18，低於同行，表明公司對債務融資的依賴較小，保持了更健康的債務與股本平衡，這對投資者來説是一個積極的信號。</li>
</ul>
<h3>關鍵要點</h3>
<p>在軟件行業中，微軟的市盈率、市淨率和市銷率相較於同行較低，表明潛在的低估。另一方面，高 ROE、EBITDA 和毛利潤則表明強勁的盈利能力和運營效率。然而，低收入增長可能引發對未來相對於行業同行表現的擔憂。</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

2 倍做多 MSFT ETF - GraniteShares

MSFO

微軟每日 1 倍做空 ETF - Direxion

微軟每日 2 倍做多 ETF - Direxion

MSFX

MSFY

<p>本文分析了微軟（NASDAQ:MSFT）在軟件行業中的表現，並與主要競爭對手進行了比較。關鍵財務指標顯示出潛在的低估，市盈率（37.97）和市淨率（11.21）均低於行業平均水平。微軟展現出強勁的盈利能力，股本回報率為 8.19%，息税折舊攤銷前利潤（EBITDA）為 444.3 億美元。然而，其 18.1% 的收入增長率落後於行業平均水平的 64.8%。公司保持健康的財務狀況，低債務股本比率為 0.18，表明對債務融資的依賴較小</p>

<p>In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating <strong>Microsoft (NASDAQ:MSFT)</strong> against its key competitors in the Software industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.</p>
<div class="lb-trans"><p>在當今快速變化和競爭激烈的商業環境中，投資者和行業愛好者必須對公司進行深入分析。本文將對軟件行業中的 <strong>Microsoft (NASDAQ:MSFT)</strong> 進行全面的行業比較，評估其與主要競爭對手的表現。通過考察關鍵財務指標、市場地位和增長前景，我們旨在為投資者提供有價值的見解，並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）以及更多個人計算（Windows 客户端、Xbox、Bing 搜索、展示廣告以及 Surface 筆記本、平板電腦和台式機）。</p>
</div><p>Upon a comprehensive analysis of Microsoft, the following trends can be discerned:</p>
<div class="lb-trans"><p>經過對微軟的全面分析，可以識別出以下趨勢：</p>
</div><ul>
<li>The stock's Price to Earnings ratio of 37.97 is lower than the industry average by 0.3x, suggesting potential value in the eyes of market participants.</li>
<li>The current Price to Book ratio of 11.21, which is 0.81x the industry average, is substantially lower than the industry average, indicating potential undervaluation.</li>
<li>Based on its sales performance, the stock could be deemed undervalued with a Price to Sales ratio of 13.72, which is 0.81x the industry average.</li>
<li>With a Return on Equity (ROE) of 8.19% that is 1.13% above the industry average, it appears that the company exhibits efficient use of equity to generate profits.</li>
<li>The company exhibits higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $44.43 Billion, which is 56.96x above the industry average, implying stronger profitability and robust cash flow generation.</li>
<li>With higher gross profit of $52.43 Billion, which indicates 34.72x above the industry average, the company demonstrates stronger profitability and higher earnings from its core operations.</li>
<li>With a revenue growth of 18.1%, which is much lower than the industry average of 64.8%, the company is experiencing a notable slowdown in sales expansion.</li>
</ul>
<div class="lb-trans"><ul>
<li>股票的市盈率為 37.97，低於行業平均水平 0.3 倍，暗示市場參與者眼中的潛在價值。</li>
<li>當前的市淨率為 11.21，約為行業平均水平的 0.81 倍，顯著低於行業平均水平，表明潛在的低估。</li>
<li>根據銷售表現，股票的市銷率為 13.72，約為行業平均水平的 0.81 倍，可以認為被低估。</li>
<li>公司的股本回報率（ROE）為 8.19%，高於行業平均水平 1.13%，表明公司有效利用股本來產生利潤。</li>
<li>公司展現出更高的息税折舊攤銷前利潤（EBITDA）為 444.3 億美元，約為行業平均水平的 56.96 倍，暗示更強的盈利能力和穩健的現金流生成。</li>
<li>更高的毛利潤為 524.3 億美元，約為行業平均水平的 34.72 倍，表明公司在核心業務中展現出更強的盈利能力和更高的收益。</li>
<li>收入增長為 18.1%，遠低於行業平均水平的 64.8%，公司在銷售擴張方面正經歷顯著放緩。</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/2025/1759330819_0.png/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0xMDgw" alt="" original-src="https://www.benzinga.com/files/images/story/2025/1759330819_0.png?optimize=medium&amp;dpr=2&amp;auto=webp&amp;width=1080"/></p>
<p>The debt-to-equity (D/E) ratio is a key indicator of a company's financial health and its reliance on debt financing.</p>
<div class="lb-trans"><p>債務與股本比率（D/E）是公司財務健康狀況及其對債務融資依賴程度的關鍵指標。</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>By considering the Debt-to-Equity ratio, Microsoft can be compared to its top 4 peers, leading to the following observations:</p>
<div class="lb-trans"><p>通過考慮債務與股本比率，微軟可以與其前四大同行進行比較，得出以下觀察結果：</p>
</div><ul>
<li>Microsoft demonstrates a stronger financial position compared to its top 4 peers in the sector.</li>
<li>With a lower debt-to-equity ratio of 0.18, the company relies less on debt financing and maintains a healthier balance between debt and equity, which can be viewed positively by investors.</li>
</ul>
<div class="lb-trans"><ul>
<li>與行業內前四大同行相比，微軟展現出更強的財務狀況。</li>
<li>公司的債務與股本比率為 0.18，低於同行，表明公司對債務融資的依賴較小，保持了更健康的債務與股本平衡，這對投資者來説是一個積極的信號。</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, PB, and PS ratios are low compared to peers, indicating potential undervaluation. On the other hand, the high ROE, EBITDA, and gross profit suggest strong profitability and operational efficiency. However, the low revenue growth may raise concerns about future performance relative to industry peers.</p>
<div class="lb-trans"><p>在軟件行業中，微軟的市盈率、市淨率和市銷率相較於同行較低，表明潛在的低估。另一方面，高 ROE、EBITDA 和毛利潤則表明強勁的盈利能力和運營效率。然而，低收入增長可能引發對未來相對於行業同行表現的擔憂。</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>

Competitor Analysis: Evaluating Microsoft And Competitors In Software Industry

- 微軟在軟件行業的市盈率、賬面價值比和銷售比率低於同行，顯示潛在低估。  
- 公司的股本回報率、息税折舊攤銷前利潤和毛利潤高於行業平均水平，表明盈利能力強。  
- 然而，18.1% 的收入增長率遠低於行業平均 64.8%，可能影響未來表現。  

競爭對手分析：評估微軟及其在軟件行業中的競爭對手