Published on 24 Dec 2022 on Simply Wall St. via Yahoo Finance
Investing in South32 (ASX:S32) three years ago would have delivered you a 70% gain
By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, South32 Limited (ASX:S32) shareholders have seen the share price rise 49% over three years, well in excess of the market return (4.0%, not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 10% , including dividends .
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
See our latest analysis for South32