In This Article:
Attractive stocks have exceptional fundamentals. In the case of The Supreme Industries Limited (NSEI:SUPREMEIND), there’s is a financially-robust , dividend-paying company with a an impressive history of performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Supreme Industries here.
Flawless balance sheet with proven track record and pays a dividend
SUPREMEIND has a strong track record of performance. In the previous year, SUPREMEIND delivered an impressive double-digit return of 22.79% Unsurprisingly, SUPREMEIND surpassed the Chemicals industry return of 13.20%, which gives us more confidence of the company’s capacity to drive earnings going forward. SUPREMEIND’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. SUPREMEIND appears to have made good use of debt, producing operating cash levels of 2.05x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
SUPREMEIND is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Supreme Industries, there are three essential factors you should look at:
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Future Outlook: What are well-informed industry analysts predicting for SUPREMEIND’s future growth? Take a look at our free research report of analyst consensus for SUPREMEIND’s outlook.
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Valuation: What is SUPREMEIND 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 SUPREMEIND 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 SUPREMEIND? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.