<p>在當今快速變化和競爭激烈的商業環境中，進行全面的公司分析對於投資者和行業愛好者至關重要。在本文中，我們將深入探討一個廣泛的行業比較，評估 <strong>微軟 (NASDAQ: MSFT)</strong> 與其在軟件行業的主要競爭對手的比較。通過分析關鍵的財務指標、市場地位和增長潛力，我們的目標是為投資者提供有價值的見解，並深入瞭解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。該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 筆記本電腦、平板電腦和台式機）。</p>
<table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市淨率 (P/B)</strong></th>
<th><strong>市銷率 (P/S)</strong></th>
<th><strong>淨資產收益率 (ROE)</strong></th>
<th><strong>息税折舊攤銷前利潤 (EBITDA)（十億美元）</strong></th>
<th><strong>毛利潤（十億美元）</strong></th>
<th><strong>收入增長</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>微軟公司</td>
<td>33.77</td>
<td>9.72</td>
<td>12.06</td>
<td>7.85%</td>
<td>$48.06</td>
<td>$53.63</td>
<td>18.43%</td>
</tr>
<tr>
<td>甲骨文公司</td>
<td>34.76</td>
<td>17.74</td>
<td>8.77</td>
<td>22.68%</td>
<td>$9.51</td>
<td>$10.68</td>
<td>14.22%</td>
</tr>
<tr>
<td>ServiceNow 公司</td>
<td>92.53</td>
<td>14.05</td>
<td>12.65</td>
<td>4.52%</td>
<td>$0.89</td>
<td>$2.63</td>
<td>21.81%</td>
</tr>
<tr>
<td>Palo Alto Networks 公司</td>
<td>117.65</td>
<td>14.95</td>
<td>13.80</td>
<td>4.05%</td>
<td>$0.5</td>
<td>$1.84</td>
<td>15.66%</td>
</tr>
<tr>
<td>Fortinet 公司</td>
<td>33.55</td>
<td>82.47</td>
<td>9.59</td>
<td>33.9%</td>
<td>$0.64</td>
<td>$1.39</td>
<td>14.38%</td>
</tr>
<tr>
<td>Gen Digital 公司</td>
<td>30.21</td>
<td>6.90</td>
<td>3.84</td>
<td>5.56%</td>
<td>$0.5</td>
<td>$0.95</td>
<td>25.26%</td>
</tr>
<tr>
<td>UiPath 公司</td>
<td>38.48</td>
<td>4.49</td>
<td>5.68</td>
<td>11.08%</td>
<td>$0.02</td>
<td>$0.34</td>
<td>15.92%</td>
</tr>
<tr>
<td>Monday.Com 公司</td>
<td>122.66</td>
<td>6.14</td>
<td>6.87</td>
<td>1.06%</td>
<td>$0.0</td>
<td>$0.28</td>
<td>26.24%</td>
</tr>
<tr>
<td>Dolby Laboratories 公司</td>
<td>25.43</td>
<td>2.43</td>
<td>4.81</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.27</td>
<td>0.73%</td>
</tr>
<tr>
<td>CommVault Systems 公司</td>
<td>68.09</td>
<td>25.11</td>
<td>4.95</td>
<td>5.12%</td>
<td>$0.02</td>
<td>$0.22</td>
<td>18.39%</td>
</tr>
<tr>
<td>Qualys 公司</td>
<td>28.07</td>
<td>9.81</td>
<td>8.13</td>
<td>9.7%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>10.41%</td>
</tr>
<tr>
<td>Teradata 公司</td>
<td>24.92</td>
<td>12.83</td>
<td>1.77</td>
<td>20.25%</td>
<td>$0.09</td>
<td>$0.25</td>
<td>-5.45%</td>
</tr>
<tr>
<td><strong>平均</strong></td>
<td><strong>56.03</strong></td>
<td><strong>17.9</strong></td>
<td><strong>7.35</strong></td>
<td><strong>10.89%</strong></td>
<td><strong>$1.12</strong></td>
<td><strong>$1.73</strong></td>
<td><strong>14.32%</strong></td>
</tr>
</tbody>
</table>
<p>通過對微軟的詳細審查，我們可以推斷出以下趨勢：</p>
<ul>
<li>33.77 的市盈率顯著低於行業平均水平 0.6 倍，表明被低估。這可能使得該股票對尋求增長的投資者具有吸引力。</li>
</ul>
<ul>
<li>當前的市淨率為 9.72，低於行業平均水平 0.54 倍，表明潛在的低估。</li>
</ul>
<ul>
<li>市銷率為 12.06，較行業平均水平高出 1.64 倍，表明該股票在銷售表現上可能被高估。</li>
</ul>
<ul>
<li>淨資產收益率（ROE）為 7.85%，低於行業平均水平 3.04%，這表明公司在利用股本產生利潤方面可能存在效率不足。</li>
</ul>
<ul>
<li>與行業相比，該公司的息税折舊攤銷前利潤（EBITDA）為 480.6 億美元，超過行業平均水平 42.91 倍，表明盈利能力更強和現金流生成能力更強。</li>
</ul>
<ul>
<li>該公司的毛利潤為 536.3 億美元，超過行業平均水平 31.0 倍，表明盈利能力更強和核心業務的收益更高。</li>
</ul>
<ul>
<li>收入增長為 18.43%，超過行業平均水平 14.32%，表明公司正在展示強勁的銷售擴張並獲得市場份額。</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/2025/1765897213_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="債務與股本比率" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1765897213_0.png"/></p>
<p>債務與股本比率（D/E）指示公司用於融資其資產和運營的債務和股本的比例。</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>在比較微軟與其前四大同行的債務與股本比率時，以下信息變得明顯：</p>
<ul>
<li>在其前四大同行中，微軟的財務狀況更強，債務與股本比率為 0.17，較低。</li>
</ul>
<ul>
<li>這表明公司對債務融資的依賴較小，並保持了債務與股本之間更有利的平衡，這對投資者來説是一個積極的信號。</li>
</ul>
<h3>關鍵要點</h3>
<p>對於微軟在軟件行業中的表現，市盈率相較於同行較低，表明潛在的低估。市淨率也較低，暗示可能存在便宜的機會。然而，市銷率較高，表明基於收入的高估值。在淨資產收益率方面，微軟的盈利能力低於同行。高 EBITDA 和毛利潤水平反映出強勁的運營表現，而高收入增長則表明未來前景樂觀。</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>本文分析了微軟在軟件行業中的地位，並通過財務指標與競爭對手進行比較。微軟顯示出潛在的低估，市盈率和市淨率較低，但市銷率較高則表明估值較高。儘管股東權益回報率較低，微軟在運營表現上仍然強勁，擁有高額的息税折舊攤銷前利潤、毛利潤和收入增長。該公司維持了良好的債務與股本比率，表明其財務狀況穩健。總體而言，微軟在行業中展現出良好的增長潛力</p>

<p>Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating <strong>Microsoft (NASDAQ: MSFT)</strong> in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in 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，進行全面的公司分析對於投資者和行業愛好者至關重要。在本文中，我們將深入探討一個廣泛的行業比較，評估 <strong>微軟 (NASDAQ: MSFT)</strong> 與其在軟件行業的主要競爭對手的比較。通過分析關鍵的財務指標、市場地位和增長潛力，我們的目標是為投資者提供有價值的見解，並深入瞭解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。該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 筆記本電腦、平板電腦和台式機）。</p>
</div><table>
<thead>
<tr>
<th><strong>Company</strong></th>
<th><strong>P/E</strong></th>
<th><strong>P/B</strong></th>
<th><strong>P/S</strong></th>
<th><strong>ROE</strong></th>
<th><strong>EBITDA (in billions)</strong></th>
<th><strong>Gross Profit (in billions)</strong></th>
<th><strong>Revenue Growth</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>Microsoft Corp</td>
<td>33.77</td>
<td>9.72</td>
<td>12.06</td>
<td>7.85%</td>
<td>$48.06</td>
<td>$53.63</td>
<td>18.43%</td>
</tr>
<tr>
<td>Oracle Corp</td>
<td>34.76</td>
<td>17.74</td>
<td>8.77</td>
<td>22.68%</td>
<td>$9.51</td>
<td>$10.68</td>
<td>14.22%</td>
</tr>
<tr>
<td>ServiceNow Inc</td>
<td>92.53</td>
<td>14.05</td>
<td>12.65</td>
<td>4.52%</td>
<td>$0.89</td>
<td>$2.63</td>
<td>21.81%</td>
</tr>
<tr>
<td>Palo Alto Networks Inc</td>
<td>117.65</td>
<td>14.95</td>
<td>13.80</td>
<td>4.05%</td>
<td>$0.5</td>
<td>$1.84</td>
<td>15.66%</td>
</tr>
<tr>
<td>Fortinet Inc</td>
<td>33.55</td>
<td>82.47</td>
<td>9.59</td>
<td>33.9%</td>
<td>$0.64</td>
<td>$1.39</td>
<td>14.38%</td>
</tr>
<tr>
<td>Gen Digital Inc</td>
<td>30.21</td>
<td>6.90</td>
<td>3.84</td>
<td>5.56%</td>
<td>$0.5</td>
<td>$0.95</td>
<td>25.26%</td>
</tr>
<tr>
<td>UiPath Inc</td>
<td>38.48</td>
<td>4.49</td>
<td>5.68</td>
<td>11.08%</td>
<td>$0.02</td>
<td>$0.34</td>
<td>15.92%</td>
</tr>
<tr>
<td>Monday.Com Ltd</td>
<td>122.66</td>
<td>6.14</td>
<td>6.87</td>
<td>1.06%</td>
<td>$0.0</td>
<td>$0.28</td>
<td>26.24%</td>
</tr>
<tr>
<td>Dolby Laboratories Inc</td>
<td>25.43</td>
<td>2.43</td>
<td>4.81</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.27</td>
<td>0.73%</td>
</tr>
<tr>
<td>CommVault Systems Inc</td>
<td>68.09</td>
<td>25.11</td>
<td>4.95</td>
<td>5.12%</td>
<td>$0.02</td>
<td>$0.22</td>
<td>18.39%</td>
</tr>
<tr>
<td>Qualys Inc</td>
<td>28.07</td>
<td>9.81</td>
<td>8.13</td>
<td>9.7%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>10.41%</td>
</tr>
<tr>
<td>Teradata Corp</td>
<td>24.92</td>
<td>12.83</td>
<td>1.77</td>
<td>20.25%</td>
<td>$0.09</td>
<td>$0.25</td>
<td>-5.45%</td>
</tr>
<tr>
<td><strong>Average</strong></td>
<td><strong>56.03</strong></td>
<td><strong>17.9</strong></td>
<td><strong>7.35</strong></td>
<td><strong>10.89%</strong></td>
<td><strong>$1.12</strong></td>
<td><strong>$1.73</strong></td>
<td><strong>14.32%</strong></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th><strong>公司</strong></th>
<th><strong>市盈率 (P/E)</strong></th>
<th><strong>市淨率 (P/B)</strong></th>
<th><strong>市銷率 (P/S)</strong></th>
<th><strong>淨資產收益率 (ROE)</strong></th>
<th><strong>息税折舊攤銷前利潤 (EBITDA)（十億美元）</strong></th>
<th><strong>毛利潤（十億美元）</strong></th>
<th><strong>收入增長</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>微軟公司</td>
<td>33.77</td>
<td>9.72</td>
<td>12.06</td>
<td>7.85%</td>
<td>$48.06</td>
<td>$53.63</td>
<td>18.43%</td>
</tr>
<tr>
<td>甲骨文公司</td>
<td>34.76</td>
<td>17.74</td>
<td>8.77</td>
<td>22.68%</td>
<td>$9.51</td>
<td>$10.68</td>
<td>14.22%</td>
</tr>
<tr>
<td>ServiceNow 公司</td>
<td>92.53</td>
<td>14.05</td>
<td>12.65</td>
<td>4.52%</td>
<td>$0.89</td>
<td>$2.63</td>
<td>21.81%</td>
</tr>
<tr>
<td>Palo Alto Networks 公司</td>
<td>117.65</td>
<td>14.95</td>
<td>13.80</td>
<td>4.05%</td>
<td>$0.5</td>
<td>$1.84</td>
<td>15.66%</td>
</tr>
<tr>
<td>Fortinet 公司</td>
<td>33.55</td>
<td>82.47</td>
<td>9.59</td>
<td>33.9%</td>
<td>$0.64</td>
<td>$1.39</td>
<td>14.38%</td>
</tr>
<tr>
<td>Gen Digital 公司</td>
<td>30.21</td>
<td>6.90</td>
<td>3.84</td>
<td>5.56%</td>
<td>$0.5</td>
<td>$0.95</td>
<td>25.26%</td>
</tr>
<tr>
<td>UiPath 公司</td>
<td>38.48</td>
<td>4.49</td>
<td>5.68</td>
<td>11.08%</td>
<td>$0.02</td>
<td>$0.34</td>
<td>15.92%</td>
</tr>
<tr>
<td>Monday.Com 公司</td>
<td>122.66</td>
<td>6.14</td>
<td>6.87</td>
<td>1.06%</td>
<td>$0.0</td>
<td>$0.28</td>
<td>26.24%</td>
</tr>
<tr>
<td>Dolby Laboratories 公司</td>
<td>25.43</td>
<td>2.43</td>
<td>4.81</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.27</td>
<td>0.73%</td>
</tr>
<tr>
<td>CommVault Systems 公司</td>
<td>68.09</td>
<td>25.11</td>
<td>4.95</td>
<td>5.12%</td>
<td>$0.02</td>
<td>$0.22</td>
<td>18.39%</td>
</tr>
<tr>
<td>Qualys 公司</td>
<td>28.07</td>
<td>9.81</td>
<td>8.13</td>
<td>9.7%</td>
<td>$0.06</td>
<td>$0.14</td>
<td>10.41%</td>
</tr>
<tr>
<td>Teradata 公司</td>
<td>24.92</td>
<td>12.83</td>
<td>1.77</td>
<td>20.25%</td>
<td>$0.09</td>
<td>$0.25</td>
<td>-5.45%</td>
</tr>
<tr>
<td><strong>平均</strong></td>
<td><strong>56.03</strong></td>
<td><strong>17.9</strong></td>
<td><strong>7.35</strong></td>
<td><strong>10.89%</strong></td>
<td><strong>$1.12</strong></td>
<td><strong>$1.73</strong></td>
<td><strong>14.32%</strong></td>
</tr>
</tbody>
</table>
</div><p>Through a detailed examination of Microsoft, we can deduce the following trends:</p>
<div class="lb-trans"><p>通過對微軟的詳細審查，我們可以推斷出以下趨勢：</p>
</div><ul>
<li>A Price to Earnings ratio of 33.77 significantly below the industry average by 0.6x suggests undervaluation. This can make the stock appealing for those seeking growth.</li>
</ul>
<div class="lb-trans"><ul>
<li>33.77 的市盈率顯著低於行業平均水平 0.6 倍，表明被低估。這可能使得該股票對尋求增長的投資者具有吸引力。</li>
</ul>
</div><ul>
<li>The current Price to Book ratio of 9.72, which is 0.54x the industry average, is substantially lower than the industry average, indicating potential undervaluation.</li>
</ul>
<div class="lb-trans"><ul>
<li>當前的市淨率為 9.72，低於行業平均水平 0.54 倍，表明潛在的低估。</li>
</ul>
</div><ul>
<li>The Price to Sales ratio of 12.06, which is 1.64x the industry average, suggests the stock could potentially be overvalued in relation to its sales performance compared to its peers.</li>
</ul>
<div class="lb-trans"><ul>
<li>市銷率為 12.06，較行業平均水平高出 1.64 倍，表明該股票在銷售表現上可能被高估。</li>
</ul>
</div><ul>
<li>With a Return on Equity (ROE) of 7.85% that is 3.04% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.</li>
</ul>
<div class="lb-trans"><ul>
<li>淨資產收益率（ROE）為 7.85%，低於行業平均水平 3.04%，這表明公司在利用股本產生利潤方面可能存在效率不足。</li>
</ul>
</div><ul>
<li>Compared to its industry, the company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $48.06 Billion, which is 42.91x above the industry average, indicating stronger profitability and robust cash flow generation.</li>
</ul>
<div class="lb-trans"><ul>
<li>與行業相比，該公司的息税折舊攤銷前利潤（EBITDA）為 480.6 億美元，超過行業平均水平 42.91 倍，表明盈利能力更強和現金流生成能力更強。</li>
</ul>
</div><ul>
<li>The company has higher gross profit of $53.63 Billion, which indicates 31.0x above the industry average, indicating stronger profitability and higher earnings from its core operations.</li>
</ul>
<div class="lb-trans"><ul>
<li>該公司的毛利潤為 536.3 億美元，超過行業平均水平 31.0 倍，表明盈利能力更強和核心業務的收益更高。</li>
</ul>
</div><ul>
<li>With a revenue growth of 18.43%, which surpasses the industry average of 14.32%, the company is demonstrating robust sales expansion and gaining market share.</li>
</ul>
<div class="lb-trans"><ul>
<li>收入增長為 18.43%，超過行業平均水平 14.32%，表明公司正在展示強勁的銷售擴張並獲得市場份額。</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/2025/1765897213_0.png" alt="debt to equity" original-src="https://www.benzinga.com/files/images/story/2025/1765897213_0.png"/></p>
<p>The debt-to-equity (D/E) ratio indicates the proportion of debt and equity used by a company to finance its assets and operations.</p>
<div class="lb-trans"><p>債務與股本比率（D/E）指示公司用於融資其資產和運營的債務和股本的比例。</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>When examining Microsoft in comparison to its top 4 peers with respect to the Debt-to-Equity ratio, the following information becomes apparent:</p>
<div class="lb-trans"><p>在比較微軟與其前四大同行的債務與股本比率時，以下信息變得明顯：</p>
</div><ul>
<li>Among its top 4 peers, Microsoft has a stronger financial position with a lower debt-to-equity ratio of 0.17.</li>
</ul>
<div class="lb-trans"><ul>
<li>在其前四大同行中，微軟的財務狀況更強，債務與股本比率為 0.17，較低。</li>
</ul>
</div><ul>
<li>This indicates that the company relies less on debt financing and maintains a more favorable balance between debt and equity, which can be viewed positively by investors.</li>
</ul>
<div class="lb-trans"><ul>
<li>這表明公司對債務融資的依賴較小，並保持了債務與股本之間更有利的平衡，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 ratio is low compared to peers, indicating potential undervaluation. The PB ratio is also low, suggesting a possible bargain opportunity. However, the PS ratio is high, signaling rich valuation based on revenue. In terms of ROE, Microsoft shows lower profitability compared to peers. The high EBITDA and gross profit levels reflect strong operational performance, while the high revenue growth indicates a promising future trajectory.</p>
<div class="lb-trans"><p>對於微軟在軟件行業中的表現，市盈率相較於同行較低，表明潛在的低估。市淨率也較低，暗示可能存在便宜的機會。然而，市銷率較高，表明基於收入的高估值。在淨資產收益率方面，微軟的盈利能力低於同行。高 EBITDA 和毛利潤水平反映出強勁的運營表現，而高收入增長則表明未來前景樂觀。</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>

Understanding Microsoft's Position In Software Industry Compared To Competitors

- 微軟的市盈率為 33.77，低於行業平均水平，顯示出被低估的潛力。  
- 公司 EBITDA 達到 480.6 億美元，高於行業平均，顯示盈利能力強。  
- 收入增長 18.43%，超出行業平均，表明市場份額正在擴大。

理解微軟在軟件行業中相較於競爭對手的地位