Titomic (ASX:TTT) delivers shareholders fantastic 829% return over 1 year, surging 18% in the last week alone
The Titomic Limited (ASX:TTT) share price is down a rather concerning 32% in the last month. But that cannot eclipse the spectacular share price rise we've seen over the last twelve months. In fact, it is up 829% in that time. So the recent fall isn't enough to negate the good performance. Of course, winners often do keep winning, so there may be more gains to come (if the business fundamentals stack up). Anyone who held for that rewarding ride would probably be keen to talk about it.
On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.
Check out our latest analysis for Titomic
Titomic isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last year Titomic saw its revenue grow by 71%. That's stonking growth even when compared to other loss-making stocks. But the share price seems headed to the moon, up 829% as previously highlighted. Despite the strong growth, it's certainly possible the market has gotten a little over-excited. So this looks like a great watchlist candidate for investors who look for high growth inflexion points.
You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).
You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.
A Different Perspective
It's nice to see that Titomic shareholders have received a total shareholder return of 829% over the last year. That certainly beats the loss of about 13% per year over the last half decade. This makes us a little wary, but the business might have turned around its fortunes. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Titomic is showing 5 warning signs in our investment analysis , and 3 of those can't be ignored...
Of course Titomic may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. 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.
About ASX:TTT
Titomic
Offers manufacturing and technology solutions for high-performance metal additive manufacturing in Australia, the United States, and Europe.
Excellent balance sheet slight.