Warren Buffett puas yuav nqis peev rau nws?

BT Pawg (LON: BT.A) tus nqi sib koom tau ua rau muaj zog rov qab los hauv 2023 raws li UK cov khoom lag luam txuas ntxiv rov qab los. Cov shares tau dhia mus rau qhov siab ntawm 139.55p rau hnub Wednesday, uas yog ~ 30% saum nws qhov qis tshaj plaws hauv 2022. Nws tseem nyob li ntawm 30% qis dua qib siab tshaj plaws hauv 2022. Yog li, Warren Buffet puas yuav nqis peev hauv BT Group?

BT yog ib qho khoom muaj nqis classic

Warren Buffett yog ib tug thwjtim ntawm Benjamin Graham, tus kws sau ntawv Intelligent Investor. Qhov no ua rau nws yog tus neeg ua lag luam muaj txiaj ntsig, uas feem ntau tsis quav ntsej cov tuam txhab loj hlob zoo. Los ntawm kev zam cov tuam txhab xws li Google thiab Tesla, Buffett plam qee qhov kev sib tw zoo tshaj plaws hauv Wall Street.

Puas yog koj tab tom nrhiav kom tau cov xov xwm ceev, kub-cov lus qhia thiab kev tsom xam kev ua lag luam?

Sau npe rau Invezz cov ntawv xov xwm, hnub no.

Txawm li cas los xij, nws tau ua tiav zoo rau nws tus kheej thiab nws cov tub ua lag luam, nrog Berkshire Hathaway yog 6 lub tuam txhab loj tshaj plaws hauv ntiaj teb nrog lub khw muag khoom ze li $ 700 billion. Buffett feem ntau nqis peev hauv Asmeskas cov tuam txhab, txawm tias nws muaj ntau lub tuam txhab txawv teb chaws xws li Itochu, Diageo, StoneCo, thiab Nu Holdings.

Yog li, hauv tsab xov xwm no, kuv yuav saib seb Warren Buffett puas yuav nqis peev hauv BT Group, uas qee cov kws tshuaj ntsuam ntseeg tias tsis muaj nqis. Qhov tseeb, kuv yuav saib nws los ntawm lub lens ntawm Benjamin Graham, uas tau txheeb xyuas xya yam kev nqis peev hauv tuam txhab. 

Ua ntej, Buffett nyiam nqis peev hauv cov tuam txhab xws li Coca-Cola, Visa, thiab Moody's uas muaj moat hauv lawv cov kev lag luam. BT muaj kev lag luam muaj zog hauv UK txawm tias kev sib tw los ntawm cov nyiam Vodafone thiab TalkTalk tau nce. Lub tuam txhab yeej hauv Openreach, uas muaj ntau dua 820k cov neeg siv khoom. Yog li ntawd, siv qhov ntsuas no ib leeg, kuv xav tias Buffett yuav cov khoom lag luam.

Qhov thib ob, daim ntawv tshuav nyiaj li cas yog qhov tseem ceeb ntawm lub tuam txhab muaj txiaj ntsig zoo. Hauv qhov no, Buffett nyiam kev nqis peev hauv cov tuam txhab nrog cov nuj nqis rau tam sim no piv ntawm tsawg dua 1.10. BT muaj $ 9.2 nphom hauv cov cuab tam tam sim no thiab $ 24 nphom hauv tag nrho cov nuj nqis, muab nws qhov piv ntawm 2.60. Xws li, hauv qhov no, nws yuav tsis nqis peev hauv BT Group.

Warren Buffett lwm cov txheej txheem

Thib peb, Warren Buffett nyiam nqis peev hauv cov tuam txhab nrog qhov piv txwv tam sim no ntawm 1.5. Tam sim no piv yog xam los ntawm kev faib cov cuab tam tam sim no thiab liabilities tam sim no. Hauv qhov no, BT muaj qhov sib piv tam sim no ntawm 0.89. Ib zaug ntxiv, raws li qhov ntsuas no, nws yuav tsis nqis peev hauv BT.

Thib plaub, kev ntsuas tus nqi yog ib qho kev ntsuas tseem ceeb thaum nqis peev hauv cov khoom muaj nqis. Hauv qhov no, Graham pom zoo yuav cov tuam txhab nrog PE piv ntawm 9 lossis tsawg dua. BT muaj qhov sib tw PE ntau ntawm 8.41, txhais tau tias nws dhau Buffett saj. 

Thib tsib, lwm yam kev ntsuas rau Warren Buffett Tshuag yog cov nyiaj tau los zoo ib feem (EPS) kev loj hlob rau tsib xyoos. BT tsis dhau qhov kev xeem no. Nws cov EPS yog $0.29 hauv 2018 ua raws li $0.29 hauv 2019, $0.22 hauv 2020, $0.20 hauv 2021, thiab $0.17 hauv 2022.

Thib rau, raws li Benjamin Graham, ib tus yuav tsum nqis peev hauv lub tuam txhab nrog tus nqi-rau-phau ntawv piv txwv tsawg dua 1.2. BT xeem dhau qhov kev xeem no nrog nws qhov P / B piv ntawm 0.85. Thaum kawg, nrhiav cov tuam txhab uas muaj cov nyiaj tau los loj hlob zoo. Lub tuam txhab tau ncua nws cov nyiaj faib tawm hauv 2020 los nqis peev hauv 5G thiab broadband. Yog li ntawd, nws ua tsis tau qhov kev sim no ib yam nkaus vim tias lwm lub tuam txhab zoo sib xws tau khaws lawv cov nyiaj them poob haujlwm.

Yog li ntawd, nyob rau hauv cov ntaub ntawv no, peb pom tias BT Group ua tau raws li plaub yam uas Graham. Tab sis nws kuj tsis nco qab cov ntsiab lus tseem ceeb xws li nws cov nyiaj tau los ua keeb kwm, cov nyiaj tau los loj hlob, thiab daim ntawv tshuav nyiaj li cas. Yog li ntawd, kuv xav tias Warren Buffett yuav tsis nqis peev hauv BT Group. Tau kawg, Warren Buffett tau ua txhaum nws txoj cai yav dhau los los ntawm kev nqis peev hauv cov tuam txhab tsis muaj txiaj ntsig zoo li Nu Holdings thiab StoneCo.