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Buying under-rated businesses is one path to excess returns. To wit, the Archer Materials share price has climbed 95% in five years, easily topping the market return of 16% . However, more recent returns haven't been as impressive as that, with the stock returning just 12% in the last year.Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.In the last 5 years Archer Materials saw its revenue grow at 41% per year. That's well above most pre-profit companies. While the compound gain of 14% per year is good, it's not unreasonable given the strong revenue growth. If you think there could be more growth to come, now might be the time to take a close look at Archer Materials. 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