<p>Brookfield Business (NYSE:BBUC) 剛剛發佈了最新的中期財務報告，顯示銷售額和總資產均有所下降，淨虧損也比去年擴大。這一更新突顯了公司面臨的主要財務挑戰。</p>
<p>查看我們對 Brookfield Business 的最新分析。</p>
<p>儘管最近季度銷售額下降和淨虧損擴大，Brookfield Business 的股價今年迄今已實現 36.1% 的顯著回報，過去十二個月的總股東回報為 26.97%。這一勢頭表明，投資者仍然關注公司的長期增長潛力，即使短期壓力持續存在。</p>
<p>如果您對在挑戰性市場中表現出韌性或上升潛力的公司感興趣，這是一個發現快速增長、高內部持股的股票的絕佳機會。</p>
<p>投資者現在面臨的問題是，Brookfield Business 當前的估值是否在其最近的下跌中提供了一個有吸引力的入場點，或者市場是否已經在股價中考慮了其未來前景。</p>
<h2>0.3 倍的市銷率：是否合理？</h2>
<p>Brookfield Business 的股票目前以 0.3 倍的市銷率（P/S）交易，顯著低於行業同行和更廣泛行業的平均水平，即使在其最近的股票反彈中也是如此。</p>
<p>市銷率將公司的市值與其總收入進行比較。這提供了一種衡量投資者願意為每一美元銷售支付多少的方式。該指標對於目前處於虧損狀態的 Brookfield Business 尤其相關，因為它突顯了公司在最近淨虧損之外的估值。</p>
<p>由於市銷率遠低於全球工業行業平均水平 0.8 倍和同行平均水平 0.5 倍，Brookfield Business 在這一指標上似乎被低估。當前的數字表明，市場採取了謹慎態度，並因持續虧損和缺乏明顯的盈利增長驅動因素而對公司的銷售進行折扣。如果市場情緒發生變化或盈利能力恢復，市銷率有可能趨近於行業規範。</p>
<p>查看數字對這一價格的看法——在我們的估值分析中瞭解更多。</p>
<p><strong>結果：市銷率為 0.3 倍（被低估）</strong></p>
<p>然而，持續的淨虧損和缺乏明顯的盈利增長驅動因素仍然是主要風險。這些因素可能會挑戰 Brookfield Business 被低估的論點。</p>
<p>瞭解影響 Brookfield Business 敍述的主要風險。</p>
<h2>另一種觀點：折現現金流發出不同信號</h2>
<p>雖然根據市銷率，Brookfield Business 看起來被低估，但 SWS DCF 模型呈現出截然不同的視角。根據該方法，該公司的股票交易價格遠高於我們對公允價值的估計。這引發了關於投資者是否可能對反轉過於樂觀，或者市場是否在考慮模型未反映的信息的問題。</p>
<p>瞭解 SWS DCF 模型如何得出其公允價值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf?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/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf"/></p>
<p>截至 2025 年 11 月的 BBUC 折現現金流</p>
<p>Simply Wall St 每天對全球每隻股票進行折現現金流（DCF）分析（例如查看 Brookfield Business）。我們展示了完整的計算過程。您可以在您的觀察列表或投資組合中跟蹤結果，並在變化時收到提醒，或者使用我們的股票篩選器發現 905 只基於現金流的被低估股票。如果您保存篩選器，我們甚至會在新公司匹配時提醒您——這樣您就不會錯過潛在機會。</p>
<h2>構建您自己的 Brookfield Business 敍述</h2>
<p>如果您有不同的觀點或想測試自己的假設，請花幾分鐘時間探索數字並制定自己的展望。按照您的方式進行。</p>
<p>您對 Brookfield Business 研究的一個很好的起點是我們的分析，強調可能影響您投資決策的兩個重要警示信號。</p>
<h2>尋找更多投資想法？</h2>
<p>不要讓任何機會從您身邊溜走。使用 Simply Wall Street 篩選器解鎖針對趨勢、價值和明日贏家的強大股票選擇。</p>
<ul>
<li>通過投資這 16 只股息收益率超過 3% 的股票來提升您的收入潛力，享受穩定的股息流。</li>
<li>通過這 26 只人工智能便士股捕捉下一個創新浪潮，發現市場領導者。</li>
<li>通過針對這些 905 只基於現金流的被低估股票，在今天的市場中尋找便宜貨，這些股票在折現現金流指標上表現突出。</li>
</ul>
<p><em>本文由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不旨在提供財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們的目標是為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>

BBUC

<p>布魯克菲爾德商業公司（NYSE:BBUC）報告了銷售和資產的下降，淨虧損擴大。儘管如此，其股價今年上漲了 36.1%。該公司的市值似乎被低估，市銷率為 0.3 倍，低於行業平均水平。然而，折現現金流模型表明股票被高估，這引發了對投資者樂觀情緒的擔憂。持續的虧損和缺乏利潤增長動力構成風險。投資者必須評估當前估值是否提供了一個有吸引力的入場點</p>

<p>Brookfield Business (NYSE:BBUC) just released its latest interim financial report, revealing a drop in both sales and total assets, along with widening net losses from the previous year. This update highlights key financial headwinds for the company.</p>
<div class="lb-trans"><p>Brookfield Business (NYSE:BBUC) 剛剛發佈了最新的中期財務報告，顯示銷售額和總資產均有所下降，淨虧損也比去年擴大。這一更新突顯了公司面臨的主要財務挑戰。</p>
</div><p>See our latest analysis for Brookfield Business.</p>
<div class="lb-trans"><p>查看我們對 Brookfield Business 的最新分析。</p>
</div><p>Despite the recent dip in quarterly sales and a widening net loss, Brookfield Business’s share price has posted an impressive 36.1% return so far this year and a 26.97% total shareholder return over the past twelve months. This momentum suggests investors are still focusing on the company’s long-term growth potential, even as short-term pressures continue to play out.</p>
<div class="lb-trans"><p>儘管最近季度銷售額下降和淨虧損擴大，Brookfield Business 的股價今年迄今已實現 36.1% 的顯著回報，過去十二個月的總股東回報為 26.97%。這一勢頭表明，投資者仍然關注公司的長期增長潛力，即使短期壓力持續存在。</p>
</div><p>If you’re interested in companies showing resilience or upside in challenging markets, this is a great chance to discover fast growing stocks with high insider ownership</p>
<div class="lb-trans"><p>如果您對在挑戰性市場中表現出韌性或上升潛力的公司感興趣，這是一個發現快速增長、高內部持股的股票的絕佳機會。</p>
</div><p>The question for investors now is whether Brookfield Business’s current valuation offers an attractive entry point given its recent declines, or if the market has already accounted for its future prospects in the share price.</p>
<div class="lb-trans"><p>投資者現在面臨的問題是，Brookfield Business 當前的估值是否在其最近的下跌中提供了一個有吸引力的入場點，或者市場是否已經在股價中考慮了其未來前景。</p>
</div><h2>Price-to-Sales Ratio of 0.3x: Is it justified?</h2>
<div class="lb-trans"><h2>0.3 倍的市銷率：是否合理？</h2>
</div><p>Brookfield Business shares are currently trading at a price-to-sales (P/S) ratio of 0.3x, significantly lower than the average for both industry peers and the broader sector, even with its recent stock rally.</p>
<div class="lb-trans"><p>Brookfield Business 的股票目前以 0.3 倍的市銷率（P/S）交易，顯著低於行業同行和更廣泛行業的平均水平，即使在其最近的股票反彈中也是如此。</p>
</div><p>The price-to-sales ratio compares a company’s market capitalization to its total revenue. This provides a way to gauge how much investors are willing to pay for each dollar of sales. The metric is particularly relevant for Brookfield Business, which is presently unprofitable, as it highlights the company’s valuation independent of its recent net losses.</p>
<div class="lb-trans"><p>市銷率將公司的市值與其總收入進行比較。這提供了一種衡量投資者願意為每一美元銷售支付多少的方式。該指標對於目前處於虧損狀態的 Brookfield Business 尤其相關，因為它突顯了公司在最近淨虧損之外的估值。</p>
</div><p>With a P/S ratio far below the global Industrials industry average of 0.8x and the peer average of 0.5x, Brookfield Business appears undervalued on this metric. The current figure suggests the market is taking a cautious stance and discounting the company’s sales due to persistent losses and an absence of visible profit growth drivers. If market sentiment shifts or profitability recovers, there is potential for the multiple to trend closer to industry norms.</p>
<div class="lb-trans"><p>由於市銷率遠低於全球工業行業平均水平 0.8 倍和同行平均水平 0.5 倍，Brookfield Business 在這一指標上似乎被低估。當前的數字表明，市場採取了謹慎態度，並因持續虧損和缺乏明顯的盈利增長驅動因素而對公司的銷售進行折扣。如果市場情緒發生變化或盈利能力恢復，市銷率有可能趨近於行業規範。</p>
</div><p>See what the numbers say about this price — find out in our valuation breakdown.</p>
<div class="lb-trans"><p>查看數字對這一價格的看法——在我們的估值分析中瞭解更多。</p>
</div><p><strong>Result: Price-to-Sales of 0.3x (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>結果：市銷率為 0.3 倍（被低估）</strong></p>
</div><p>However, persistent net losses and the lack of visible profit growth drivers remain key risks. These factors could challenge the case for Brookfield Business’s undervaluation.</p>
<div class="lb-trans"><p>然而，持續的淨虧損和缺乏明顯的盈利增長驅動因素仍然是主要風險。這些因素可能會挑戰 Brookfield Business 被低估的論點。</p>
</div><p>Find out about the key risks to this Brookfield Business narrative.</p>
<div class="lb-trans"><p>瞭解影響 Brookfield Business 敍述的主要風險。</p>
</div><h2>Another View: Discounted Cash Flow Sends a Different Signal</h2>
<div class="lb-trans"><h2>另一種觀點：折現現金流發出不同信號</h2>
</div><p>While Brookfield Business looks undervalued based on its price-to-sales ratio, the SWS DCF model presents a starkly different perspective. According to this method, the company’s shares are trading well above our estimate of fair value. This raises questions about whether investors may be overly optimistic about a turnaround, or if the market is factoring in information that models do not reflect.</p>
<div class="lb-trans"><p>雖然根據市銷率，Brookfield Business 看起來被低估，但 SWS DCF 模型呈現出截然不同的視角。根據該方法，該公司的股票交易價格遠高於我們對公允價值的估計。這引發了關於投資者是否可能對反轉過於樂觀，或者市場是否在考慮模型未反映的信息的問題。</p>
</div><p>Look into how the SWS DCF model arrives at its fair value.</p>
<div class="lb-trans"><p>瞭解 SWS DCF 模型如何得出其公允價值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf" alt="" original-src="https://images.simplywall.st/company/9841c60b-27e8-47e1-bc3b-3a03ea3fb796/chart/dcf"/></p>
<p>BBUC Discounted Cash Flow as at Nov 2025</p>
<div class="lb-trans"><p>截至 2025 年 11 月的 BBUC 折現現金流</p>
</div><p>Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Brookfield Business for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 905 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.</p>
<div class="lb-trans"><p>Simply Wall St 每天對全球每隻股票進行折現現金流（DCF）分析（例如查看 Brookfield Business）。我們展示了完整的計算過程。您可以在您的觀察列表或投資組合中跟蹤結果，並在變化時收到提醒，或者使用我們的股票篩選器發現 905 只基於現金流的被低估股票。如果您保存篩選器，我們甚至會在新公司匹配時提醒您——這樣您就不會錯過潛在機會。</p>
</div><h2>Build Your Own Brookfield Business Narrative</h2>
<div class="lb-trans"><h2>構建您自己的 Brookfield Business 敍述</h2>
</div><p>If you have a different perspective or want to test your own assumptions, take a few minutes to explore the numbers and craft your own outlook. Do it your way</p>
<div class="lb-trans"><p>如果您有不同的觀點或想測試自己的假設，請花幾分鐘時間探索數字並制定自己的展望。按照您的方式進行。</p>
</div><p>A great starting point for your Brookfield Business research is our analysis highlighting 2 important warning signs that could impact your investment decision.</p>
<div class="lb-trans"><p>您對 Brookfield Business 研究的一個很好的起點是我們的分析，強調可能影響您投資決策的兩個重要警示信號。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>尋找更多投資想法？</h2>
</div><p>Don’t let a single opportunity pass you by. Use the Simply Wall Street screener to unlock powerful stock picks tailored for trends, value, and tomorrow’s winners.</p>
<div class="lb-trans"><p>不要讓任何機會從您身邊溜走。使用 Simply Wall Street 篩選器解鎖針對趨勢、價值和明日贏家的強大股票選擇。</p>
</div><ul>
<li>Boost your income potential by tapping into these 16 dividend stocks with yields &gt; 3% with generous yields above 3% for a steady flow of dividends.</li>
<li>Catch the next wave of innovation by uncovering market leaders in artificial intelligence through these 26 AI penny stocks.</li>
<li>Seize bargains in today’s market by targeting these 905 undervalued stocks based on cash flows that stand out based on discounted cash flow metrics.</li>
</ul>
<div class="lb-trans"><ul>
<li>通過投資這 16 只股息收益率超過 3% 的股票來提升您的收入潛力，享受穩定的股息流。</li>
<li>通過這 26 只人工智能便士股捕捉下一個創新浪潮，發現市場領導者。</li>
<li>通過針對這些 905 只基於現金流的被低估股票，在今天的市場中尋找便宜貨，這些股票在折現現金流指標上表現突出。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>本文由 Simply Wall St 撰寫，內容具有一般性。<strong>我們提供基於歷史數據和分析師預測的評論，僅使用無偏見的方法，我們的文章並不旨在提供財務建議。</strong> 它不構成購買或出售任何股票的推薦，也未考慮您的目標或財務狀況。我們的目標是為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
</div>

在最新財務報告中銷售和資產下降後，評估 Brookfield Business Corporation（NYSE:BBUC）的估值