Can You Imagine How Usha Martin’s (NSE:USHAMART) Shareholders Feel About The 77% Share Price Increase?

It hasn’t been the best quarter for Usha Martin Limited (NSE:USHAMART) shareholders, since the share price has fallen 17% in that time. But over three years, the returns would have left most investors smiling In the last three years the share price is up, 77%: better than the market.

View our latest analysis for Usha Martin

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 flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.

During three years of share price growth, Usha Martin moved from a loss to profitability. That would generally be considered a positive, so we’d expect the share price to be up.

NSEI:USHAMART Past and Future Earnings, August 12th 2019
NSEI:USHAMART Past and Future Earnings, August 12th 2019

Dive deeper into Usha Martin’s key metrics by checking this interactive graph of Usha Martin’s earnings, revenue and cash flow.

A Different Perspective

While it’s certainly disappointing to see that Usha Martin shares lost 2.2% throughout the year, that wasn’t as bad as the market loss of 9.4%. What is more upsetting is the 9.0% per annum loss investors have suffered over the last half decade. While the losses are slowing we doubt many shareholders are happy with the stock. You might want to assess this data-rich visualization of its earnings, revenue and cash flow.

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 IN exchanges.

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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.