Techbond Group Berhad's (KLSE:TECHBND) earnings trajectory could turn positive as the stock spikes 13% this past week

By
Simply Wall St
Published
February 09, 2022
KLSE:TECHBND
Source: Shutterstock

It's nice to see the Techbond Group Berhad (KLSE:TECHBND) share price up 13% in a week. But in truth the last year hasn't been good for the share price. After all, the share price is down 45% in the last year, significantly under-performing the market.

The recent uptick of 13% could be a positive sign of things to come, so let's take a lot at historical fundamentals.

See our latest analysis for Techbond Group Berhad

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...' 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.

Unhappily, Techbond Group Berhad had to report a 4.0% decline in EPS over the last year. The share price decline of 45% is actually more than the EPS drop. This suggests the EPS fall has made some shareholders are more nervous about the business.

You can see below how EPS has changed over time (discover the exact values by clicking on the image).

earnings-per-share-growth
KLSE:TECHBND Earnings Per Share Growth February 9th 2022

It might be well worthwhile taking a look at our free report on Techbond Group Berhad's earnings, revenue and cash flow.

A Different Perspective

Techbond Group Berhad shareholders are down 45% for the year, (even including dividends), but the broader market is up 0.2%. Of course the long term matters more than the short term, and even great stocks will sometimes have a poor year. Investors are up over three years, booking 1.0% per year, much better than the more recent returns. The recent sell-off could be an opportunity if the business remains sound, so it may be worth checking the fundamental data for signs of a long-term growth trend. It's always interesting to track share price performance over the longer term. But to understand Techbond Group Berhad better, we need to consider many other factors. For example, we've discovered 3 warning signs for Techbond Group Berhad (1 can't be ignored!) that you should be aware of before investing here.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on MY exchanges.

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