The average annual return for the ASX share market over the long-term has been about 10%.
If any individual ASX share can deliver a double-digit return, there's a good chance that it'll be a market-beating return.
Of course, that's not a guaranteed return, but it can show how undervalued analysts think these ASX shares are. Let's look at two potential winners.
Hansen describes itself as a leading global provider of software and services to the energy and utilities, and communications and media industries.
The ASX share's software enables customers to create, sell and deliver new products and services, manage and analyse customer data, and control revenue management and customer support processes.
Operating revenue fell 1.5% due to its revenue 'mix', including lower licence fees and foreign exchange headwinds. Within that total, support and maintenance revenue grew 13.4% to $230.3 million.
The company also reported 7.2% growth in underlying operating profit to $119.6 million and 22.5% growth in underlying net profit after tax, driven by cost discipline and AI-driven productivity gains.
FY27 revenue is expected to be stable, with recurring support and revenue maintenance to grow between 6% and 8%.
The average price target is $5.42, implying a possible rise of 70% over the next 12 months – that would be higher than where it traded just before it reported FY26.
FY26 revenue grew 16% to $496.5 million, while underlying operating profit increased 15% to $248.8 million.
Capital expenditure increased 100% to $3.4 billion, and the depreciation and amortisation expense grew 26% to $262.5 million.