When fundamental analysis went wrong..

I am a strong believer of fundamental analysis. But I was surprised when I found that one of the best and reputed companies have given negative or very less return in 7 to 10 yrs time frame. Latest price considered is somewhere around 1/1/15.

Here is the list..

I am a strong believer of fundamental analysis. But I was surprised when I found that one of the best and reputed companies have given negative or very less return in 7 to 10 yrs time frame. Latest price considered is somewhere around 1/1/15.

Here is the list..

I am a strong believer of fundamental analysis. But I was surprised when I found that one of the best and reputed companies have given negative or very less return in 7 to 10 yrs time frame. Latest price considered is somewhere around 1/1/15.

Here is the list..

I am a strong believer of fundamental analysis. But I was surprised when I found that one of the best and reputed companies have given negative or very less return in 7 to 10 yrs time frame. Latest price considered is somewhere around 1/1/15.

Here is the list..

Most of these companies have huge debts and poor returns for many years and negative free cash flow. Its not surprising that they underperformed.

Tata Steel, MTNL, Future Retail, JP Assoc have huge debts.

If you actually looked at the fundamental data, you would have seen these problems earlier.

No. Only JP Asso and R Infra can be considered having "too" much of debt as compared to their balance sheet. Tata cos did not had debt 10 yrs back, even today their cost of debt is very low.

Also just because some company has doesnt mean it is bad. Debt is part of any infra company across world.

Any you also wrong in negative free cash flow comment (baring 2-3 cos). Looks like u just posted for sake to look "knowledgeable".