Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
Norish Plc (LON:NSH) 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 NSH, it is a financially-healthy , dividend-paying company with an impressive history of performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Norish here.
Solid track record with excellent balance sheet and pays a dividend
NSH delivered a bottom-line expansion of 24% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did NSH outperformed its past performance, its growth also exceeded the Commercial Services industry expansion, which generated a 23% earnings growth. This is an notable feat for the company. With a debt-to-equity ratio of 38%, NSH’s debt level is reasonable. This implies that NSH has a healthy balance between taking advantage of low cost debt funding as well as sufficient financial flexibility without succumbing to the strict terms of debt. NSH seems to have put its debt to good use, generating operating cash levels of 0.34x 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.
NSH 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 Norish, there are three essential factors you should further research:
-
Future Outlook: What are well-informed industry analysts predicting for NSH’s future growth? Take a look at our free research report of analyst consensus for NSH’s outlook.
-
Valuation: What is NSH 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 NSH is currently mispriced by the market.
-
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NSH? 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.