Recent 4.9% pullback isn't enough to hurt long-term Glenveagh Properties (ISE:GVR) shareholders, they're still up 47% over 3 years

By
Simply Wall St
Published
February 18, 2022
ISE:GVR
Source: Shutterstock

One simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger returns, and build a portfolio ourselves. For example, the Glenveagh Properties PLC (ISE:GVR) share price is up 47% in the last three years, clearly besting the market return of around 34% (not including dividends).

In light of the stock dropping 4.9% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive three-year return.

View our latest analysis for Glenveagh Properties

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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 three years of share price growth, Glenveagh Properties moved from a loss to profitability. That would generally be considered a positive, so we'd expect the share price to be up.

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

earnings-per-share-growth
ISE:GVR Earnings Per Share Growth February 18th 2022

We know that Glenveagh Properties has improved its bottom line lately, but is it going to grow revenue? Check if analysts think Glenveagh Properties will grow revenue in the future.

A Different Perspective

We're pleased to report that Glenveagh Properties rewarded shareholders with a total shareholder return of 41% over the last year. So this year's TSR was actually better than the three-year TSR (annualized) of 14%. Given the track record of solid returns over varying time frames, it might be worth putting Glenveagh Properties on your watchlist. Before spending more time on Glenveagh Properties 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 IE exchanges.

Discounted cash flow calculation for every stock

Simply Wall St does a detailed discounted cash flow calculation every 6 hours for every stock on the market, so if you want to find the intrinsic value of any company just search here. It’s FREE.

Make Confident Investment Decisions

Simply Wall St's Editorial Team provides unbiased, factual reporting on global stocks using in-depth fundamental analysis.
Find out more about our editorial guidelines and team.