Published on 30 Mar 2024 on Simply Wall St. via Yahoo Finance
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Spirax-Sarco Engineering plc (LON:SPX) share price is up 32% in the last 5 years, clearly besting the market return of around 1.3% (ignoring dividends).
Since the long term performance has been good but there's been a recent pullback of 5.1%, let's check if the fundamentals match the share price.
View our latest analysis for Spirax-Sarco Engineering