Published on 20 Jul 2024 on Simply Wall St. · via Yahoo Finance
Yancoal Australia (ASX:YAL) shareholders have earned a 74% CAGR over the last...
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But when you pick a company that is really flourishing, you can make more than 100%. For instance the Yancoal Australia Ltd (ASX:YAL) share price is 229% higher than it was three years ago. Most would be happy with that. Also pleasing for shareholders was the 24% gain in the last three months.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.