Multibagger stock: Swan Energy delivered over 500% return in less than 3 years; up for 6th straight year

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Key Points

The ability to identify and hold onto promising stocks over an extended period can yield significant returns..

Swan Energy is one such stock that has delivered phenomenal returns to its long-term shareholders..

A significant portion of this increase occurred over the past five months, with the stock rallying from 287 per share to its current level, delivering a massive return of 160%..

At the current market price, the stock trades at 69 times the trailing twelve-month (TTM) earnings per share (EPS) of 10.5 and 25 times the enterprise value to earnings before interest, taxes, depreciation, and amortisation (EV/EBITDA) based on TTM EBITDA of 9,340 million..

The brokerage maintains a positive outlook for SEL due to significant capital expenditure across various business segments, financed through a combination of debt and equity, thereby managing debt levels effectively..

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