Published on 1 May 2024 on Simply Wall St. via Yahoo Finance
Ashtead Group (LON:AHT) shareholders have earned a 25% CAGR over the last five years
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. One great example is Ashtead Group plc (LON:AHT) which saw its share price drive 187% higher over five years. It's also good to see the share price up 12% over the last quarter. But this move may well have been assisted by the reasonably buoyant market (up 5.5% in 90 days).
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.