AVG Logistics Limited (NSE:AVG) shareholders should be happy to see the share price up 18% in the last month. But that is minimal compensation for the share price under-performance over the last year. The cold reality is that the stock has dropped 10% in one year, under-performing the market.

Check out our latest analysis for AVG Logistics

To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. 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.

Unfortunately AVG Logistics reported an EPS drop of 11% for the last year. We note that the 10% share price drop is very close to the EPS drop. So it seems that the market sentiment has not changed much, despite the weak results. Rather, the share price is remains a similar multiple of the EPS, suggesting the outlook remains the same.

You can see how EPS has changed over time in the image below (click on the chart to see the exact values).

Dive deeper into AVG Logistics's key metrics by checking this interactive graph of AVG Logistics's earnings, revenue and cash flow.

A Different Perspective

AVG Logistics shareholders are down 10% for the year, even worse than the market loss of 6.0%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. The share price decline seems to have halted in the most recent three months, with the relatively flat share price suggesting an absence of enthusiasm from investors. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. Before forming an opinion on AVG Logistics you might want to consider these 3 valuation metrics.

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