Published on 6 Feb 2023 on Simply Wall St. via Yahoo Finance
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But the risk of stock picking is that you will likely buy under-performing companies. We regret to report that long term True North Commercial Real Estate Investment Trust (TSE:TNT.UN) shareholders have had that experience, with the share price dropping 21% in three years, versus a market return of about 31%.
Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.