Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Palfinger AG (VIE:PAL) due to its excellent fundamentals in more than one area. PAL is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Palfinger here.
Adequate balance sheet average dividend payer
PAL’s strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This implies that PAL manages its cash and cost levels well, which is a key determinant of the company’s health. PAL’s has produced operating cash levels of 0.22x total debt over the past year, which implies that PAL’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
PAL 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.
For Palfinger, I’ve put together three relevant aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for PAL’s future growth? Take a look at our free research report of analyst consensus for PAL’s outlook.
- Historical Performance: What has PAL’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of PAL? 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 firstname.lastname@example.org. 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.