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The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But if you buy shares in a really great company, you can more than double your money. For example, the Sastasundar Ventures Limited (NSE:SASTASUNDR) share price has soared 111% in the last three years. How nice for those who held the stock! In more good news, the share price has risen -1.8% in thirty days. This could be related to the recent financial results that were recently released - you could check the most recent data by reading our company report.
See our latest analysis for Sastasundar Ventures
Sastasundar Ventures isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last 3 years Sastasundar Ventures saw its revenue grow at 27% per year. That's well above most pre-profit companies. Along the way, the share price gained 28% per year, a solid pop by our standards. This suggests the market has recognized the progress the business has made, at least to a significant degree. Nonetheless, we'd say Sastasundar Ventures is still worth investigating - successful businesses can often keep growing for long periods.
The image below shows how earnings and revenue have tracked over time (if you click on the image you can see greater detail).
Balance sheet strength is crucial. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
A Different Perspective
We regret to report that Sastasundar Ventures shareholders are down 5.5% for the year. Unfortunately, that's worse than the broader market decline of 4.3%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 5.3% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. Shareholders might want to examine this detailed historical graph of past earnings, revenue and cash flow.
We will like Sastasundar Ventures better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.