AFP News: AFT Pharmaceuticals' (NZSE:AFT) investors will be pleased with their respectable 40% return over the - 14th Mar 2023, 12:04pm

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Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term AFT Pharmaceuticals Limited (NZSE:AFT) shareholders have enjoyed a 40% share price rise over the last half decade, well in excess of the market return of around 6.7% (not including dividends).

So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns.

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