Malaysia Airports Holdings Berhad (KLSE:AIRPORT) shareholder returns have been favorable, earning 32% in 3 years

By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the Malaysia Airports Holdings Berhad (KLSE:AIRPORT) share price is up 31% in the last three years, clearly besting the market decline of around 7.8% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 18% , including dividends .

Since it's been a strong week for Malaysia Airports Holdings Berhad shareholders, let's have a look at trend of the longer term fundamentals.

View our latest analysis for Malaysia Airports Holdings Berhad

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.

Malaysia Airports Holdings Berhad became profitable within the last three years. So we would expect a higher share price over the period.

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

We know that Malaysia Airports Holdings Berhad has improved its bottom line over the last three years, but what does the future have in store? You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

A Different Perspective

It's good to see that Malaysia Airports Holdings Berhad has rewarded shareholders with a total shareholder return of 18% in the last twelve months. Of course, that includes the dividend. That certainly beats the loss of about 0.7% per year over the last half decade. We generally put more weight on the long term performance over the short term, but the recent improvement could hint at a (positive) inflection point within the business. Before forming an opinion on Malaysia Airports Holdings Berhad you might want to consider these 3 valuation metrics.

Of course Malaysia Airports Holdings Berhad 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 Malaysian exchanges.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.