Yahoo Finance Investors Who Bought TVA Group (TSE:TVA.B) Shares A Year Ago Are Now Up 66%
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). To wit, the TVA Group Inc. (TSE:TVA.B) share price is 66% higher than it was a year ago, much better than the market return of around 0.6% (not including dividends) in the same period. That's a solid performance by our standards! In contrast, the longer term returns are negative, since the share price is 48% lower than it was three years ago.
Check out our latest analysis for TVA Group
There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During the last year TVA Group grew its earnings per share (EPS) by 109%. It's fair to say that the share price gain of 66% did not keep pace with the EPS growth. Therefore, it seems the market isn't as excited about TVA Group as it was before. This could be an opportunity. The caution is also evident in the lowish P/E ratio of 4.41.
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
It is of course excellent to see how TVA Group has grown profits over the years, but the future is more important for shareholders. This free interactive report on TVA Group's balance sheet strength is a great place to start, if you want to investigate the stock further.
A Different Perspective
It's nice to see that TVA Group shareholders have received a total shareholder return of 66% over the last year. Notably the five-year annualised TSR loss of 8% per year compares very unfavourably with the recent share price performance. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. It's always interesting to track share price performance over the longer term. But to understand TVA Group better, we need to consider many other factors. For instance, we've identified 2 warning signs for TVA Group that you should be aware of.
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
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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