Rolls-Royce's strong growth in aerospace and defense is overshadowed by valuation. Find out why RYCEY stock remains a "Hold" with elevated earnings multiples.

The Rolls-Royce share price has been one of the top-performers in the FTSE 100 in the past few years. It soared to a record high of $650 this month, bringing the gains from 2021 to 1,702%. In contrast,

U.K. aerospace blue-chip stock Rolls-Royce has flown high over the last 12 months on the back of a strong headline performance? So, what can investors expect next?

Yet another cracking set of results sent the Rolls-Royce Holdings share price upwards once again as FY 2024 delivered in spades.

Rolls-Royce delivers strong 2024 results with revenue growth, net cash, dividend reinstatement, and a £1bn buyback. See more on RYCEF stock here.