Published on 1 May 2022 on Simply Wall St. via Yahoo Finance
While Ashtead Group plc (LON:AHT) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 20% in the last quarter. But that scarcely detracts from the really solid long term returns generated by the company over five years. We think most investors would be happy with the 160% return, over that period. Generally speaking the long term returns will give you a better idea of business quality than short periods can. Of course, that doesn't necessarily mean it's cheap now.
Since the long term performance has been good but there's been a recent pullback of 9.9%, let's check if the fundamentals match the share price.
Check out our latest analysis for Ashtead Group
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