<p>如果你持有一隻股票多年，你希望能夠獲利。但更重要的是，你可能希望它的漲幅超過市場平均水平。不幸的是，對於股東來説，儘管 <strong>沃特世</strong>（NYSE:WAT）的股價在過去五年上漲了 56%，但這仍低於市場回報。同時，過去十二個月股價上漲了 2.4%。</p>
<p>讓我們看看長期以來的基本面，看看它們是否與股東回報一致。</p>
<p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展將受益。</p>
<p>引用巴菲特的話，‘船隻將環遊世界，但平面地球協會將蓬勃發展。市場上價格與價值之間將繼續存在巨大差異……’ 考慮市場對一家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）的變化與股價的變動。</p>
<p>在過去的五年中，沃特世每年的每股收益增長率為 6.2%。這一 EPS 增長速度低於同期股價每年 9% 的增長。因此，可以合理地假設市場對該公司的看法比五年前更高。考慮到其增長的業績，這並不令人驚訝。</p>
<p>你可以在下面看到 EPS 隨時間的變化（點擊圖片可以發現確切的數值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1642" height="1040" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484"/></p>
<p>NYSE:WAT 每股收益增長 2025 年 12 月 12 日</p>
<p>在買入或賣出股票之前，我們始終建議仔細檢查歷史增長趨勢，相關信息可在此處獲取。</p>
<h2>不同的視角</h2>
<p>沃特世的股東今年上漲了 2.4%。但這低於市場平均水平。公司擁有更好的長期業績記錄，為股東提供了五年每年 9% 的總回報率，這可能是一個好兆頭。儘管股價上漲放緩，但該公司仍可能繼續出色地執行。長期跟蹤股價表現總是很有趣。但要更好地理解沃特世，我們需要考慮許多其他因素。例如風險——沃特世有 <strong>1 個警告信號</strong>，我們認為你應該注意。</p>
<p>如果你和我一樣，那麼你一定不想錯過這份 <strong>免費的</strong> 被內部人士購買的低估小盤股名單。</p>
<p><em>請注意，本文中引用的市場回報反映了目前在美國交易所交易的股票的市場加權平均回報。</em></p>
<p>國防和災難的移動基礎設施</p>
<p>下一波機器人革命不是人形機器人，而是能夠在 30 分鐘內提供 5G、ISR 和雷達的全自動塔，隨時隨地。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

沃特世

<p>沃特世（NYSE:WAT）股東在過去五年中實現了 9.4% 的複合年增長率（CAGR），股價上漲了 56%，低於市場平均水平。公司的每股收益年均增長 6.2%，顯示出市場的積極認知。儘管去年上漲了 2.4%，但仍低於市場平均水平。該公司在長期內表現強勁，五年來為股東提供了 9% 的年總回報</p>

<p>If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. Unfortunately for shareholders, while the <strong>Waters Corporation</strong> (NYSE:WAT) share price is up 56% in the last five years, that's less than the market return. Meanwhile, the last twelve months saw the share price rise 2.4%.</p>
<div class="lb-trans"><p>如果你持有一隻股票多年，你希望能夠獲利。但更重要的是，你可能希望它的漲幅超過市場平均水平。不幸的是，對於股東來説，儘管 <strong>沃特世</strong>（NYSE:WAT）的股價在過去五年上漲了 56%，但這仍低於市場回報。同時，過去十二個月股價上漲了 2.4%。</p>
</div><p>Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.</p>
<div class="lb-trans"><p>讓我們看看長期以來的基本面，看看它們是否與股東回報一致。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展將受益。</p>
</div><p>To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' 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>引用巴菲特的話，‘船隻將環遊世界，但平面地球協會將蓬勃發展。市場上價格與價值之間將繼續存在巨大差異……’ 考慮市場對一家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）的變化與股價的變動。</p>
</div><p>Over half a decade, Waters managed to grow its earnings per share at 6.2% a year. This EPS growth is slower than the share price growth of 9% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.</p>
<div class="lb-trans"><p>在過去的五年中，沃特世每年的每股收益增長率為 6.2%。這一 EPS 增長速度低於同期股價每年 9% 的增長。因此，可以合理地假設市場對該公司的看法比五年前更高。考慮到其增長的業績，這並不令人驚訝。</p>
</div><p>You can see below how EPS has changed over time (discover the exact values by clicking on the image).</p>
<div class="lb-trans"><p>你可以在下面看到 EPS 隨時間的變化（點擊圖片可以發現確切的數值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484" alt="" original-src="https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484"/></p>
<p>NYSE:WAT Earnings Per Share Growth December 12th 2025</p>
<div class="lb-trans"><p>NYSE:WAT 每股收益增長 2025 年 12 月 12 日</p>
</div><p>Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.</p>
<div class="lb-trans"><p>在買入或賣出股票之前，我們始終建議仔細檢查歷史增長趨勢，相關信息可在此處獲取。</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的視角</h2>
</div><p>Waters shareholders are up 2.4% for the year. But that was short of the market average. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 9% over five years. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. It's always interesting to track share price performance over the longer term. But to understand Waters better, we need to consider many other factors. Take risks, for example - Waters has <strong>1 warning sign</strong> we think you should be aware of.</p>
<div class="lb-trans"><p>沃特世的股東今年上漲了 2.4%。但這低於市場平均水平。公司擁有更好的長期業績記錄，為股東提供了五年每年 9% 的總回報率，這可能是一個好兆頭。儘管股價上漲放緩，但該公司仍可能繼續出色地執行。長期跟蹤股價表現總是很有趣。但要更好地理解沃特世，我們需要考慮許多其他因素。例如風險——沃特世有 <strong>1 個警告信號</strong>，我們認為你應該注意。</p>
</div><p>If you are like me, then you will <strong>not</strong> want to miss this <strong>free</strong> list of undervalued small caps that insiders are buying.</p>
<div class="lb-trans"><p>如果你和我一樣，那麼你一定不想錯過這份 <strong>免費的</strong> 被內部人士購買的低估小盤股名單。</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 American 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美國交易所交易的股票的市場加權平均回報。</em></p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>國防和災難的移動基礎設施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波機器人革命不是人形機器人，而是能夠在 30 分鐘內提供 5G、ISR 和雷達的全自動塔，隨時隨地。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
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<div class="lb-trans"><p>由 CiTech 贊助</p>
</div>

沃特世（NYSE:WAT）的股東在過去五年中實現了 9.4% 的年複合增長率