Introducing RediShred Capital (CVE:KUT), The Stock That Rocketed 1864% In The Last Five Years
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We think all investors should try to buy and hold high quality multi-year winners. And we've seen some truly amazing gains over the years. Just think about the savvy investors who held RediShred Capital Corp. (CVE:KUT) shares for the last five years, while they gained 1864%. And this is just one example of the epic gains achieved by some long term investors. It's also good to see the share price up 44% over the last quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report.
It really delights us to see such great share price performance for investors.
See our latest analysis for RediShred Capital
In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. 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 five years of share price growth, RediShred Capital achieved compound earnings per share (EPS) growth of 33% per year. This EPS growth is slower than the share price growth of 81% per year, over the same period. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth.
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
It is of course excellent to see how RediShred Capital has grown profits over the years, but the future is more important for shareholders. This free interactive report on RediShred Capital's balance sheet strength is a great place to start, if you want to investigate the stock further.
A Different Perspective
We're pleased to report that RediShred Capital shareholders have received a total shareholder return of 64% over one year. However, the TSR over five years, coming in at 81% per year, is even more impressive. Before spending more time on RediShred Capital it might be wise to click here to see if insiders have been buying or selling shares.
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on CA exchanges.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. 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. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
