Investors Who Bought Firan Technology Group (TSE:FTG) Shares A Year Ago Are Now Up 72%
If you want to compound wealth in the stock market, you can do so by buying an index fund. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). To wit, the Firan Technology Group Corporation (TSE:FTG) share price is 72% higher than it was a year ago, much better than the market return of around 35% (not including dividends) in the same period. If it can keep that out-performance up over the long term, investors will do very well! Also impressive, the stock is up 38% over three years, making long term shareholders happy, too.
Check out our latest analysis for Firan Technology Group
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).
During the last year Firan Technology Group grew its earnings per share (EPS) by 57%. This EPS growth is significantly lower than the 72% increase in the share price. So it's fair to assume the market has a higher opinion of the business than it a year ago.
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
We know that Firan Technology Group has improved its bottom line over the last three years, but what does the future have in store? Take a more thorough look at Firan Technology Group's financial health with this free report on its balance sheet.
A Different Perspective
It's good to see that Firan Technology Group has rewarded shareholders with a total shareholder return of 72% in the last twelve months. That gain is better than the annual TSR over five years, which is 4%. Therefore it seems like sentiment around the company has been positive lately. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Firan Technology Group better, we need to consider many other factors. For instance, we've identified 4 warning signs for Firan Technology Group that you should be aware of.
For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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