After an extended period of stellar performance, as at 31 March 2022, the Naspers share price was down 51% from its peak in early 2021. The share has now underperformed the market, as represented by the Capped SWIX, over five years, as shown in Graph 1. Has something fundamental gone wrong at Naspers, or is there value to be had at the current price?
After an extended period of stellar performance, as at 31 March 2022, the Naspers share price was down 51% from its peak in early 2021. The share has now underperformed the market, as represented by the Capped SWIX, over five years, as shown in Graph 1. Has something fundamental gone wrong at Naspers, or is there value to be had at the current price?
