Generally speaking, investors are inspired to select stocks by the potential to find the big winners. But when you hold the right stock for the right time, the rewards can be really huge. A stock of shining stars has been BIGG Digital Assets Inc. (CSE: BIGG), 852% more than three years ago. Another good news is that the share price has climbed 15% in thirty days. We are really delighted to see such a performance of the stock price for investors.
The past week has turned out to be lucrative for investors in BIGG Digital Assets, so let’s see if fundamentals have boosted the company’s performance over three years.
Check out our latest review for BIGG Digital Assets
BIGG Digital Assets has not been profitable over the past twelve months, we are unlikely to see a strong correlation between its share price and its earnings per share (EPS). Income is arguably our best option. When a business is not making a profit, we generally expect good revenue growth. Indeed, the rapid growth in income can be easily extrapolated to the expected profits, often of considerable size.
BIGG Digital Assets revenue grew 128% annually over three years. It’s much better than most loss-making businesses. And it’s not just incomes that are taking off. The share price is up 112% per year during this period. It’s always tempting to take a profit after such a rise in the share price, but high growth companies like BIGG Digital Assets can sometimes maintain strong growth for many years. In fact, it might be time to put it on your watchlist, if you’re not already familiar with the title.
The company’s revenue and profits (over time) are shown in the image below (click to see exact numbers).
It’s probably worth noting that we’ve seen some significant insider buying in the last quarter, which we see as positive. That said, we believe earnings and revenue growth trends are even more important factors to consider. If you are thinking of buying or selling shares of BIGG Digital Assets, you should check this out free report showing analysts’ earnings forecasts.
A different perspective
We are pleased to announce that BIGG Digital Assets has rewarded shareholders with a total shareholder return of 667% over the past year. That’s better than the annualized TSR of 112% over the past three years. These improved returns may portend real business momentum, implying that now may be a good time to dig deep. I find it very interesting to look at the stock price over the long term as an indicator of company performance. But to really get an overview, we have to take other information into account as well. Take risks, for example – BIGG Digital Assets has 2 warning signs (and 1 which doesn’t suit us very well) we think you should be aware of.
If you like to buy stocks alongside management then you might love this free list of companies. (Hint: insiders bought them).
Please note that the market returns quoted in this article reflect the market-weighted average returns of stocks that currently trade on CA exchanges.
This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.
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