Published on 14 Nov 2023 on Simply Wall St. via Yahoo Finance
Brambles' (ASX:BXB) investors will be pleased with their decent 55% return over the last five years
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. Buying under-rated businesses is one path to excess returns. For example, the Brambles Limited (ASX:BXB) share price is up 33% in the last 5 years, clearly besting the market return of around 18% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 24% , including dividends .
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
View our latest analysis for Brambles