{"F": {"ts_code": "US.EROK", "name": "EAGLEROCK LAND LLC", "mkt": "US", "ccy": "美元", "sw1": "油气设备与服务", "sw2": "油气设备与服务", "sw3": "", "ind": "油气设备与服务", "fin_source": "futu", "market": "NYSE", "list_date": "20260514", "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": true, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 25.85, "pe_ttm": 9.769, "pb": 2.031, "dv_ttm": 0.0, "total_mv": 68128.344515, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [49.1], "rev_series": [1.4], "np_series": [0.0], "roe_series": [0.2], "rev_ttm": 1.4, "np_ttm": 0.6, "ocf_ttm": -0.1, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": -0.8, "gm_median": 49.1, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 1.7, "roe_median": 0.2, "commodity": false, "hard_ratio": 11.8, "fix_assets": 0.9, "hard_note": "PP&E 毛额 × 0.5 近似净额", "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 0.2, "debt_ratio": 0.7, "debt_mv": null, "payout": 0.0, "div_years": 0, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 699.0, "np_yoy": 323.4, "np_vol": null, "loss_years": 0, "far_share": 49.0, "earn_yield": 10.2, "consensus_n": 0, "fwd_pe": null, "fwd_pe2": null, "fwd_g1": null, "fwd_g2": null, "peg": null, "consensus_disp": null, "mainbz": [], "ret_prev_year": null, "ret_prev2_year": null, "ret_pivot": null, "prev_year": "", "prev2_year": "", "ret_ytd": 39.7, "ret_20": 12.5, "ret_60": 26.3, "ret_120": 39.7, "ret_250": 39.7, "mdd_250": null, "vol_250": null, "pos_52w": 94.3, "eps": 0.01}, "S": {"duration": 22, "pricing": 57, "hard": 19, "bondness": 13}, "label": "中性", "tags": [], "text": {"像什么": ["PE 9.8 倍、股息率 0.0%、毛利率最新年报 49.1%、固定资产占比 12%、资产负债率 1%:四轴都不突出。"], "为什么(不)算钱的替代品": "只占定价权一条(毛利率 49.1%),硬资产占比 12%。分子能跟上通胀,但没有重置成本对冲;按'定价权·品牌'看,不按硬资产看。", "加息期怎么走": "按行业与估值常规看,没有明确的利率方向性。", "四问": [["当前 FCF 能覆盖多少市值?", "经营现金流/市值 -0.8%(futu 无资本开支,FCF 按经营现金流 × 0.7 近似)。极低或为负。"], ["能否每年提价而不掉量?", "毛利率最新年报 49.1%。能。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 12%。没有资产可言。"], ["估值里多少来自 5 年后的故事?", "按 PE 9.8 倍 粗算,约 49%(1 − 5/PE)。中等。"]], "价格行为": "近一年 40%,现价在 52 周高点的 94%;近 20 / 60 / 120 日 12% / 26% / 40%。", "行业对照": ["同富途行业「油气设备与服务」48 家中位:PE 25.5 / 股息率 0.1% / 毛利率 23.0% / 固定资产占比 38% / 分红率 22%。", "EAGLEROCK LAND LLC:PE 比行业中位低 15.7倍;股息率 比行业中位低 0.1个百分点;毛利率 比行业中位高 26.1个百分点;固定资产占比 比行业中位低 26.2个百分点。"]}}