Is Rolls-Royce’s £11+ share price worth it on a rare dip?
Rolls-Royce’s (LSE: RR) share price is up 110% over the past 12 months. Since Tufan Erginbilgic took over as its CEO on 1 January 2023, it has risen 1,049%.
Unsurprisingly, some investors wonder whether the stock can rise much further. However, crucially in this context, price and value are not the same thing.
Price is whatever the market will pay for a share at any point. But value is what the stock is truly worth, based on underlying business fundamentals.
So, the key consideration now is not the price at which the stock is trading. Rather, it is whether there is value left in it.
The business’s fundamentals
Since Erginbilgic assumed the top job, Rolls-Royce’s results have been marked by two key…
