Examining ANY Security Printing Company Public Limited Company’s (BUSE:ANY) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has met or exceed expectations, which is a powerful signal for future performance. Below, I will assess ANY’s latest performance announced on 31 December 2018 and weight these figures against its longer term trend and industry movements.
Commentary On ANY’s Past Performance
ANY’s trailing twelve-month earnings (from 31 December 2018) of Ft1.1b has increased by 0.7% compared to the previous year.
However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 3.1%, indicating the rate at which ANY is growing has slowed down. To understand what’s happening, let’s take a look at what’s transpiring with margins and whether the rest of the industry is facing the same headwind.
In terms of returns from investment, ANY Security Printing has fallen short of achieving a 20% return on equity (ROE), recording 19% instead. However, its return on assets (ROA) of 6.4% exceeds the HU Commercial Services industry of 5.1%, indicating ANY Security Printing has used its assets more efficiently. And finally, its return on capital (ROC), which also accounts for ANY Security Printing’s debt level, has increased over the past 3 years from 18% to 19%.
What does this mean?
ANY Security Printing’s track record can be a valuable insight into its earnings performance, but it certainly doesn’t tell the whole story. While ANY Security Printing has a good historical track record with positive growth and profitability, there’s no certainty that this will extrapolate into the future. I recommend you continue to research ANY Security Printing to get a more holistic view of the stock by looking at:
- Future Outlook: What are well-informed industry analysts predicting for ANY’s future growth? Take a look at our free research report of analyst consensus for ANY’s outlook.
- Financial Health: Are ANY’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 31 December 2018. This may not be consistent with full year annual report figures.
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If you spot an error that warrants correction, please contact the editor at email@example.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.