<p>多樣化是應對股價波動的關鍵工具。但目標是挑選表現優於平均水平的股票。<strong>平田公司</strong>（TSE:6258）在過去一年表現良好，股價上漲了 23%，超過了市場回報的 20%（不包括股息）。從長遠來看，該股票在過去三年上漲了 20%。</p>
<p>由於該股票在過去一週內增加了 63 億日元的市值，讓我們看看其基本表現是否推動了長期回報。</p>
<p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前佈局。</p>
<p>在他的文章《格雷厄姆與多德斯維爾的超級投資者》中，沃倫·巴菲特描述了股價並不總是理性地反映企業價值的情況。考慮市場對公司的看法如何變化的一個不完美但簡單的方法是比較每股收益（EPS）的變化與股價的波動。</p>
<p>平田在過去十二個月中能夠將每股收益增長 69%。這一 EPS 增長顯著高於 23% 的股價上漲。因此，市場似乎對平田的興奮程度不如之前。這可能是一個機會。謹慎的跡象也體現在 10.38 的較低市盈率上。</p>
<p>下圖顯示了 EPS 隨時間的變化（如果您點擊圖像，可以看到更詳細的信息）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/5533171-earnings-per-share-growth-1-dark-2/1762983585487?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/5533171-earnings-per-share-growth-1-dark-2/1762983585487"/></p>
<p>TSE:6258 每股收益增長 2025 年 11 月 12 日</p>
<p>當然，看到平田多年來的利潤增長是非常好的，但未來對股東來説更為重要。您可以在這個 <strong>免費的</strong> 互動圖形中看到其資產負債表隨時間的增強（或削弱）。</p>
<h2>股息情況如何？</h2>
<p>除了衡量股價回報外，投資者還應考慮總股東回報（TSR）。TSR 是一種回報計算，考慮了現金股息的價值（假設任何收到的股息都被再投資）以及任何折扣融資和分拆的計算價值。因此，對於支付豐厚股息的公司，TSR 通常遠高於股價回報。實際上，平田過去一年的 TSR 為 26%，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>我們很高興地報告，平田的股東在一年內獲得了 26% 的總股東回報。這包括股息。毫無疑問，最近的回報遠好於過去五年每年 0.4% 的 TSR 損失。我們通常更看重長期表現而非短期表現，但最近的改善可能暗示着公司內部的一個（積極的）拐點。長期跟蹤股價表現總是很有趣。但要更好地理解平田，我們需要考慮許多其他因素。例如，考慮風險。每家公司都有風險，我們發現了 <strong>平田的一個警示信號</strong>，您應該瞭解。</p>
<p>對於那些喜歡尋找 <strong>獲勝投資</strong> 的人來説，這份 <strong>免費的</strong> 近期內部人士購買的被低估公司名單，可能正是您所需要的。</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>

6258

<p>平田株式會社（TSE:6258）報告了每股收益（EPS）同比增長 69%，顯著超過其 23% 的股價上漲。儘管表現強勁，但市場的熱情似乎有所減弱，反映在低達 10.38 的市盈率上。過去一年的總股東回報率（TSR）為 26%，得益於分紅，而過去五年的 TSR 則出現了 0.4% 的損失。這一近期的改善可能表明公司出現了積極的轉變，儘管潛在風險仍然存在</p>

<p>Diversification is a key tool for dealing with stock price volatility. But the goal is to pick stocks that do better than average. <strong>Hirata Corporation</strong> (TSE:6258) has done well over the last year, with the stock price up 23% beating the market return of 20% (not including dividends). Zooming out, the stock is up 20% in the last three years.</p>
<div class="lb-trans"><p>多樣化是應對股價波動的關鍵工具。但目標是挑選表現優於平均水平的股票。<strong>平田公司</strong>（TSE:6258）在過去一年表現良好，股價上漲了 23%，超過了市場回報的 20%（不包括股息）。從長遠來看，該股票在過去三年上漲了 20%。</p>
</div><p>Since the stock has added JP¥6.3b to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.</p>
<div class="lb-trans"><p>由於該股票在過去一週內增加了 63 億日元的市值，讓我們看看其基本表現是否推動了長期回報。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前佈局。</p>
</div><p>In his essay <em>The Superinvestors of Graham-and-Doddsville</em> Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.</p>
<div class="lb-trans"><p>在他的文章《格雷厄姆與多德斯維爾的超級投資者》中，沃倫·巴菲特描述了股價並不總是理性地反映企業價值的情況。考慮市場對公司的看法如何變化的一個不完美但簡單的方法是比較每股收益（EPS）的變化與股價的波動。</p>
</div><p>Hirata was able to grow EPS by 69% in the last twelve months. This EPS growth is significantly higher than the 23% increase in the share price. Therefore, it seems the market isn't as excited about Hirata as it was before. This could be an opportunity. The caution is also evident in the lowish P/E ratio of 10.38.</p>
<div class="lb-trans"><p>平田在過去十二個月中能夠將每股收益增長 69%。這一 EPS 增長顯著高於 23% 的股價上漲。因此，市場似乎對平田的興奮程度不如之前。這可能是一個機會。謹慎的跡象也體現在 10.38 的較低市盈率上。</p>
</div><p>The image below shows how EPS has tracked over time (if you click on the image you can see greater detail).</p>
<div class="lb-trans"><p>下圖顯示了 EPS 隨時間的變化（如果您點擊圖像，可以看到更詳細的信息）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/5533171-earnings-per-share-growth-1-dark-2/1762983585487" alt="" original-src="https://images.simplywall.st/asset/chart/5533171-earnings-per-share-growth-1-dark-2/1762983585487"/></p>
<p>TSE:6258 Earnings Per Share Growth November 12th 2025</p>
<div class="lb-trans"><p>TSE:6258 每股收益增長 2025 年 11 月 12 日</p>
</div><p>It is of course excellent to see how Hirata has grown profits over the years, but the future is more important for shareholders. You can see how its balance sheet has strengthened (or weakened) over time in this <strong>free</strong> interactive graphic.</p>
<div class="lb-trans"><p>當然，看到平田多年來的利潤增長是非常好的，但未來對股東來説更為重要。您可以在這個 <strong>免費的</strong> 互動圖形中看到其資產負債表隨時間的增強（或削弱）。</p>
</div><h2>What About Dividends?</h2>
<div class="lb-trans"><h2>股息情況如何？</h2>
</div><p>As well as measuring the share price return, investors should also consider the total shareholder return (TSR). 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. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Hirata's TSR for the last 1 year was 26%, which exceeds the share price return mentioned earlier. This is largely a result of its dividend payments!</p>
<div class="lb-trans"><p>除了衡量股價回報外，投資者還應考慮總股東回報（TSR）。TSR 是一種回報計算，考慮了現金股息的價值（假設任何收到的股息都被再投資）以及任何折扣融資和分拆的計算價值。因此，對於支付豐厚股息的公司，TSR 通常遠高於股價回報。實際上，平田過去一年的 TSR 為 26%，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>We're pleased to report that Hirata shareholders have received a total shareholder return of 26% over one year. And that does include the dividend. There's no doubt those recent returns are much better than the TSR loss of 0.4% per year over five years. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. It's always interesting to track share price performance over the longer term. But to understand Hirata better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted <strong>1 warning sign for Hirata</strong> you should know about.</p>
<div class="lb-trans"><p>我們很高興地報告，平田的股東在一年內獲得了 26% 的總股東回報。這包括股息。毫無疑問，最近的回報遠好於過去五年每年 0.4% 的 TSR 損失。我們通常更看重長期表現而非短期表現，但最近的改善可能暗示着公司內部的一個（積極的）拐點。長期跟蹤股價表現總是很有趣。但要更好地理解平田，我們需要考慮許多其他因素。例如，考慮風險。每家公司都有風險，我們發現了 <strong>平田的一個警示信號</strong>，您應該瞭解。</p>
</div><p>For those who like to find <strong>winning investments</strong> this <strong>free</strong> list of undervalued companies with recent insider purchasing, could be just the ticket.</p>
<div class="lb-trans"><p>對於那些喜歡尋找 <strong>獲勝投資</strong> 的人來説，這份 <strong>免費的</strong> 近期內部人士購買的被低估公司名單，可能正是您所需要的。</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>

平田（TSE:6258）69% 的年度收益增長超過了過去一年的股東回報