Published on 6 Mar 2023 on Simply Wall St. via Yahoo Finance
Investors in Transurban Group (ASX:TCL) have made a respectable return of 43% over the past five...
If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can do a lot better than that by buying good quality businesses for attractive prices. For example, the Transurban Group (ASX:TCL) share price is up 18% in the last five years, slightly above the market return. It's also good to see that the stock is up 11% in a year.
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.