{"F": {"ts_code": "US.ROST", "name": "罗斯百货", "mkt": "US", "ccy": "美元", "sw1": "服装零售", "sw2": "服装零售", "sw3": "", "ind": "服装零售", "fin_source": "futu", "market": "NASDAQ", "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": 230.69, "pe_ttm": 27.894, "pb": 10.928, "dv_ttm": 0.74, "total_mv": 7369463.794589999, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [27.7], "rev_series": [227.5], "np_series": [21.5], "roe_series": [36.7], "rev_ttm": 227.5, "np_ttm": 26.6, "ocf_ttm": 36.6, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": 5.0, "gm_median": 27.7, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 9.4, "roe_median": 36.7, "commodity": false, "hard_ratio": 40.3, "fix_assets": 61.4, "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": 33.9, "debt_ratio": 60.2, "debt_mv": null, "payout": 21.0, "div_years": 1, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 7.7, "np_yoy": 2.6, "np_vol": null, "loss_years": 0, "far_share": 82.0, "earn_yield": 3.6, "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": 28.6, "ret_20": -9.6, "ret_60": -0.5, "ret_120": 11.1, "ret_250": 53.6, "mdd_250": null, "vol_250": null, "pos_52w": 89.8, "eps": 6.61}, "S": {"duration": 50, "pricing": 46, "hard": 64, "bondness": 25}, "label": "中性", "tags": [], "text": {"像什么": ["PE 27.9 倍、股息率 0.7%、毛利率最新年报 27.7%、固定资产占比 40%、资产负债率 60%:四轴都不突出。"], "为什么(不)算钱的替代品": "只占硬资产一条(占比 40%),没有定价权:毛利率最新年报 27.7%。通胀来了成本转嫁不出去,利润跟不上通胀。这是陷阱不是保护。", "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 5.0%(futu 无资本开支,FCF 按经营现金流 × 0.7 近似)。一般。"], ["能否每年提价而不掉量?", "毛利率最新年报 27.7%。取决于竞争。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 40%。涨。"], ["估值里多少来自 5 年后的故事?", "按 PE 27.9 倍 粗算,约 82%(1 − 5/PE)。>70%,把 5 年后的假设砍一半,这个股票值多少钱?"]], "价格行为": "近一年 54%,现价在 52 周高点的 90%;近 20 / 60 / 120 日 -10% / -0% / 11%。", "行业对照": ["同富途行业「服装零售」34 家中位:PE 13.8 / 股息率 0.0% / 毛利率 40.2% / 固定资产占比 41% / 分红率 0%。", "罗斯百货:PE 比行业中位高 14.1倍;股息率 比行业中位高 0.7个百分点;毛利率 比行业中位低 12.5个百分点;固定资产占比 比行业中位低 0.9个百分点。"]}}