In This Article:
Attractive stocks have exceptional fundamentals. In the case of Plover Bay Technologies Limited (HKG:1523), there's is a financially-sound , dividend-paying company with an impressive history of performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Plover Bay Technologies here.
Flawless balance sheet with proven track record and pays a dividend
1523 delivered a satisfying double-digit returns of 37% in the most recent year. Not surprisingly, 1523 outperformed its industry which returned 11%, giving us more conviction of the company's capacity to drive bottom-line growth going forward. 1523 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. 1523 appears to have made good use of debt, producing operating cash levels of 20x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
1523's high dividend payments make it one of the best dividend stocks on the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.
Next Steps:
For Plover Bay Technologies, I've compiled three important factors you should further examine:
-
Future Outlook: What are well-informed industry analysts predicting for 1523’s future growth? Take a look at our free research report of analyst consensus for 1523’s outlook.
-
Valuation: What is 1523 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 1523 is currently mispriced by the market.
-
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1523? 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.