Has Rewarded Shareholders With An Exceptional 439% Total Return


We think all investors should try to buy and hold high quality multi-year winners. While the best companies are hard to find, but they can generate massive returns over long periods. Don’t believe it? Then look at the Kitron ASA (OB:KIT) share price. It’s 349% higher than it was five years ago.

----------------------------

During five years of share price growth, Kitron achieved compound earnings per share (EPS) growth of 27% per year. This EPS growth is lower than the 35% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. And that’s hardly shocking given the track record of growth.

https://simplywall.st/stocks/no/tech/ob-kit/kitron-shares/news/kitron-obkit-has-rewarded-shareholders-with-an-exceptional-439-total-return-on-their-investment/