Can You Imagine How Investment Company IC Russ-Invest's (MCX:RUSI) Shareholders Feel About The 23% Share Price Increase?

Public Joint-Stock Company Investment Company IC Russ-Invest (MCX:RUSI) shareholders might be concerned after seeing the share price drop 11% in the last quarter. Taking a longer term view we see the stock is up over one year. But to be blunt its return of 23% fall short of what you could have got from an index fund (around 23%).

Check out our latest analysis for Investment Company IC Russ-Invest

While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

During the last year Investment Company IC Russ-Invest saw its earnings per share (EPS) drop below zero. While some may see this as temporary, we're a skeptical bunch, and so we're a little surprised to see the share price go up. It may be that the company has done well on other metrics.

Investment Company IC Russ-Invest's revenue actually dropped 76% over last year. So the fundamental metrics don't provide an obvious explanation for the share price gain.

The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).

MISX:RUSI Income Statement, September 22nd 2019
MISX:RUSI Income Statement, September 22nd 2019

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

A Different Perspective

Investment Company IC Russ-Invest provided a TSR of 23% over the year. That's fairly close to the broader market return. The silver lining is that the share price is up in the short term, which flies in the face of the annualised loss of 1.8% over the last five years. We're pretty skeptical of turnaround stories, but it's good to see the recent share price recovery. You could get a better understanding of Investment Company IC Russ-Invest's growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Of course Investment Company IC Russ-Invest may not be the best stock to buy. So you may wish to see this free collection of growth stocks.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on RU exchanges.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.