<p>在過去一個月，DTS（TSE:9682）的股價下跌了 4.4%，這使得人們很容易忽視它。然而，仔細審視其穩健的財務狀況可能會讓你重新考慮。鑑於基本面通常驅動長期市場結果，這家公司值得關注。特別是，今天我們將關注 DTS 的股本回報率（ROE）。</p>
<p>股本回報率（ROE）是股東需要考慮的重要因素，因為它告訴他們資本再投資的有效性。簡單來説，它衡量的是公司相對於股東權益的盈利能力。</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>
<h2>ROE 是如何計算的？</h2>
<p><strong>ROE 可以通過以下公式計算：</strong></p>
<p>股本回報率 = 淨利潤（來自持續經營）÷ 股東權益</p>
<p>因此，根據上述公式，DTS 的 ROE 為：</p>
<p>20% = JP¥11b ÷ JP¥57b（基於截至 2025 年 6 月的過去十二個月）。</p>
<p>“回報” 是企業在過去一年中賺取的收入。換句話説，對於每 1 日元的股本，公司能夠賺取 0.20 日元的利潤。</p>
<p>查看我們對 DTS 的最新分析</p>
<h2>為什麼 ROE 對盈利增長重要？</h2>
<p>我們已經確定 ROE 作為公司未來盈利的有效利潤生成指標。根據公司選擇再投資或 “保留” 的利潤比例，我們能夠評估公司未來產生利潤的能力。一般來説，其他條件相同，具有高股本回報率和利潤保留的公司，其增長率高於不具備這些特徵的公司。</p>
<h2>DTS 的盈利增長和 20% 的 ROE</h2>
<p>首先，DTS 似乎擁有一個可觀的 ROE。與行業平均 ROE 14% 相比，該公司的 ROE 顯得相當顯著。這可能為 DTS 在過去五年中實現 5.8% 的適度淨收入增長奠定了基礎。</p>
<p>然後我們將 DTS 的淨收入增長與行業進行了比較，發現該公司的增長數字低於同一五年期間行業平均增長率 13%，這讓人有些擔憂。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/883610-past-earnings-growth-1-dark-2/1760485083010?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/883610-past-earnings-growth-1-dark-2/1760485083010"/></p>
<p>TSE:9682 過去的盈利增長 2025 年 10 月 14 日</p>
<p>對公司的估值在很大程度上與其盈利增長相關。投資者需要知道市場是否已經考慮了公司預期的盈利增長（或下降）。這樣做將幫助他們判斷該股票的未來前景是樂觀還是悲觀。市場是否已經考慮了 9682 的未來前景？你可以在我們最新的內在價值信息圖研究報告中找到答案。</p>
<h2>DTS 是否有效地再投資其利潤？</h2>
<p>根據三年中位數派息比率為 42%（意味着公司保留 58% 的利潤），DTS 似乎在有效再投資，以實現其盈利的可觀增長，並支付了一個得到良好覆蓋的股息。</p>
<p>此外，DTS 已經支付股息至少十年。這表明公司致力於與股東分享利潤。</p>
<h2>結論</h2>
<p>總體而言，我們對 DTS 的表現感到相當滿意。特別是，看到公司在其業務上進行大量投資，並且伴隨着高回報率，這導致其盈利實現了可觀的增長，令人欣慰。最新的行業分析師預測顯示，公司預計將維持當前的增長率。要了解更多關於公司未來盈利增長預測的信息，請查看這份 <strong>免費</strong> 的分析師預測報告。</p>

9682

<p>DTS Corporation 的股票在過去一個月下跌了 4.4%，但其強勁的基本面表明有增長潛力。該公司的股本回報率（ROE）為 20%，超過行業平均水平的 14%。儘管過去五年淨收入增長適中，為 5.8%，DTS 仍保留了 58% 的利潤，顯示出高效的再投資能力。該公司有超過十年的分紅歷史，反映了其對股東的承諾。分析師預測 DTS 將保持其增長率，使其成為值得關注的公司</p>

<p>With its stock down 4.4% over the past month, it is easy to disregard DTS (TSE:9682). However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to DTS' ROE today.</p>
<div class="lb-trans"><p>在過去一個月，DTS（TSE:9682）的股價下跌了 4.4%，這使得人們很容易忽視它。然而，仔細審視其穩健的財務狀況可能會讓你重新考慮。鑑於基本面通常驅動長期市場結果，這家公司值得關注。特別是，今天我們將關注 DTS 的股本回報率（ROE）。</p>
</div><p>Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.</p>
<div class="lb-trans"><p>股本回報率（ROE）是股東需要考慮的重要因素，因為它告訴他們資本再投資的有效性。簡單來説，它衡量的是公司相對於股東權益的盈利能力。</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><h2>How Is ROE Calculated?</h2>
<div class="lb-trans"><h2>ROE 是如何計算的？</h2>
</div><p><strong>ROE can be calculated by using the formula:</strong></p>
<div class="lb-trans"><p><strong>ROE 可以通過以下公式計算：</strong></p>
</div><p>Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity</p>
<div class="lb-trans"><p>股本回報率 = 淨利潤（來自持續經營）÷ 股東權益</p>
</div><p>So, based on the above formula, the ROE for DTS is:</p>
<div class="lb-trans"><p>因此，根據上述公式，DTS 的 ROE 為：</p>
</div><p>20% = JP¥11b ÷ JP¥57b (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>20% = JP¥11b ÷ JP¥57b（基於截至 2025 年 6 月的過去十二個月）。</p>
</div><p>The 'return' is the income the business earned over the last year. Another way to think of that is that for every ¥1 worth of equity, the company was able to earn ¥0.20 in profit.</p>
<div class="lb-trans"><p>“回報” 是企業在過去一年中賺取的收入。換句話説，對於每 1 日元的股本，公司能夠賺取 0.20 日元的利潤。</p>
</div><p>View our latest analysis for DTS</p>
<div class="lb-trans"><p>查看我們對 DTS 的最新分析</p>
</div><h2>Why Is ROE Important For Earnings Growth?</h2>
<div class="lb-trans"><h2>為什麼 ROE 對盈利增長重要？</h2>
</div><p>We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or &#34;retain&#34;, we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don’t share these attributes.</p>
<div class="lb-trans"><p>我們已經確定 ROE 作為公司未來盈利的有效利潤生成指標。根據公司選擇再投資或 “保留” 的利潤比例，我們能夠評估公司未來產生利潤的能力。一般來説，其他條件相同，具有高股本回報率和利潤保留的公司，其增長率高於不具備這些特徵的公司。</p>
</div><h2>DTS' Earnings Growth And 20% ROE</h2>
<div class="lb-trans"><h2>DTS 的盈利增長和 20% 的 ROE</h2>
</div><p>To begin with, DTS seems to have a respectable ROE. On comparing with the average industry ROE of 14% the company's ROE looks pretty remarkable. This probably laid the ground for DTS' moderate 5.8% net income growth seen over the past five years.</p>
<div class="lb-trans"><p>首先，DTS 似乎擁有一個可觀的 ROE。與行業平均 ROE 14% 相比，該公司的 ROE 顯得相當顯著。這可能為 DTS 在過去五年中實現 5.8% 的適度淨收入增長奠定了基礎。</p>
</div><p>We then compared DTS' net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 13% in the same 5-year period, which is a bit concerning.</p>
<div class="lb-trans"><p>然後我們將 DTS 的淨收入增長與行業進行了比較，發現該公司的增長數字低於同一五年期間行業平均增長率 13%，這讓人有些擔憂。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/883610-past-earnings-growth-1-dark-2/1760485083010" alt="" original-src="https://images.simplywall.st/asset/chart/883610-past-earnings-growth-1-dark-2/1760485083010"/></p>
<p>TSE:9682 Past Earnings Growth October 14th 2025</p>
<div class="lb-trans"><p>TSE:9682 過去的盈利增長 2025 年 10 月 14 日</p>
</div><p>The basis for attaching value to a company is, to a great extent, tied to its earnings growth. It’s important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for 9682? You can find out in our latest intrinsic value infographic research report.</p>
<div class="lb-trans"><p>對公司的估值在很大程度上與其盈利增長相關。投資者需要知道市場是否已經考慮了公司預期的盈利增長（或下降）。這樣做將幫助他們判斷該股票的未來前景是樂觀還是悲觀。市場是否已經考慮了 9682 的未來前景？你可以在我們最新的內在價值信息圖研究報告中找到答案。</p>
</div><h2>Is DTS Efficiently Re-investing Its Profits?</h2>
<div class="lb-trans"><h2>DTS 是否有效地再投資其利潤？</h2>
</div><p>With a three-year median payout ratio of 42% (implying that the company retains 58% of its profits), it seems that DTS is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.</p>
<div class="lb-trans"><p>根據三年中位數派息比率為 42%（意味着公司保留 58% 的利潤），DTS 似乎在有效再投資，以實現其盈利的可觀增長，並支付了一個得到良好覆蓋的股息。</p>
</div><p>Besides, DTS has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders.</p>
<div class="lb-trans"><p>此外，DTS 已經支付股息至少十年。這表明公司致力於與股東分享利潤。</p>
</div><h2>Conclusion</h2>
<div class="lb-trans"><h2>結論</h2>
</div><p>Overall, we are quite pleased with DTS' performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a respectable growth in its earnings. The latest industry analyst forecasts show that the company is expected to maintain its current growth rate. To know more about the company's future earnings growth forecasts take a look at this <strong>free</strong> report on analyst forecasts for the company to find out more.</p>
<div class="lb-trans"><p>總體而言，我們對 DTS 的表現感到相當滿意。特別是，看到公司在其業務上進行大量投資，並且伴隨着高回報率，這導致其盈利實現了可觀的增長，令人欣慰。最新的行業分析師預測顯示，公司預計將維持當前的增長率。要了解更多關於公司未來盈利增長預測的信息，請查看這份 <strong>免費</strong> 的分析師預測報告。</p>
</div>

DTS 公司（東京證券交易所代碼：9682）的股票價格一直在下跌，但其基本面依然強勁：市場是否判斷失誤了？