In This Article:
Everest Industries Limited (NSE:EVERESTIND) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of EVERESTIND, it is a financially-sound , dividend-paying company with a a great history of performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Everest Industries here.
Flawless balance sheet with solid track record and pays a dividend
EVERESTIND delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. Not only did EVERESTIND outperformed its past performance, its growth also surpassed the Building industry expansion, which generated a 18% earnings growth. This paints a buoyant picture for the company. EVERESTIND is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. EVERESTIND seems to have put its debt to good use, generating operating cash levels of 1.77x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
Income investors would also be happy to know that EVERESTIND is a great dividend company, with a current yield standing at 1.4%. EVERESTIND has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Everest Industries, I’ve put together three pertinent aspects you should further research:
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Future Outlook: What are well-informed industry analysts predicting for EVERESTIND’s future growth? Take a look at our free research report of analyst consensus for EVERESTIND’s outlook.
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Valuation: What is EVERESTIND worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether EVERESTIND is currently mispriced by the market.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of EVERESTIND? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.