{"F": {"ts_code": "US.KMT", "name": "肯纳金属", "mkt": "US", "ccy": "美元", "sw1": "工具及配件", "sw2": "工具及配件", "sw3": "", "ind": "工具及配件", "fin_source": "futu", "market": "NYSE", "list_date": null, "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": false, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 31.02, "pe_ttm": 7.018, "pb": 1.506, "dv_ttm": 2.58, "total_mv": 236431.406244, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [41.2], "rev_series": [23.6], "np_series": [3.5], "roe_series": [24.0], "rev_ttm": 23.6, "np_ttm": 3.4, "ocf_ttm": -0.0, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": -0.2, "gm_median": 41.2, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 14.9, "roe_median": 24.0, "commodity": false, "hard_ratio": 44.2, "fix_assets": 12.6, "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": 6.3, "debt_ratio": 49.0, "debt_mv": null, "payout": 18.0, "div_years": 1, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 19.8, "np_yoy": 255.0, "np_vol": null, "loss_years": 0, "far_share": 29.0, "earn_yield": 14.2, "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": 11.0, "ret_20": -5.8, "ret_60": -6.3, "ret_120": -16.9, "ret_250": 48.4, "mdd_250": null, "vol_250": null, "pos_52w": 71.6, "eps": 4.42}, "S": {"duration": 16, "pricing": 53, "hard": 71, "bondness": 35}, "label": "中性", "tags": [], "text": {"像什么": ["PE 7.0 倍、股息率 2.6%、毛利率最新年报 41.2%、固定资产占比 44%、资产负债率 49%:四轴都不突出。"], "为什么(不)算钱的替代品": "硬资产占比 44%、毛利率 41.2% 两条都占,但所在行业(工具及配件)不在硬资产名单里(医药/科技的固定资产是产能不是储量),按主标签看。", "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 -0.2%(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 41.2%。能。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 44%。涨。"], ["估值里多少来自 5 年后的故事?", "按 PE 7.0 倍 粗算,约 29%(1 − 5/PE)。<40%,估值靠当期。"]], "价格行为": "近一年 48%,现价在 52 周高点的 72%;近 20 / 60 / 120 日 -6% / -6% / -17%。", "行业对照": ["同富途行业「工具及配件」11 家中位:PE 24.4 / 股息率 1.1% / 毛利率 36.2% / 固定资产占比 16% / 分红率 32%。", "肯纳金属:PE 比行业中位低 17.4倍;股息率 比行业中位高 1.5个百分点;毛利率 比行业中位高 5.0个百分点;固定资产占比 比行业中位高 28.0个百分点。"]}}