Published on 27 May 2024 on Simply Wall St. via Yahoo Finance
Investors in Beiersdorf (ETR:BEI) have seen favorable returns of 53% over the past three years
By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the Beiersdorf Aktiengesellschaft (ETR:BEI) share price is up 50% in the last three years, clearly besting the market decline of around 12% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 19%, including dividends.
Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business.