I’ve been keeping an eye on Horizon North Logistics Inc (TSE:HNL) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe HNL has a lot to offer. Basically, it is a company with impressive financial health as well as a buoyant future outlook. 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, take a look at the report on Horizon North Logistics here.
Excellent balance sheet with high growth potential
HNL is an attractive stock for growth-seeking investors, with an expected earnings growth reaching triple digits in the upcoming year. Earnings growth is paired with an eye-catching top-line trajectory of 54%, which indicates a high-quality bottom-line expansion, as opposed to those driven simple by unsustainable cost-cutting activities. HNL’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 suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. HNL seems to have put its debt to good use, generating operating cash levels of 0.76x 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.
For Horizon North Logistics, I’ve compiled three pertinent factors you should look at:
- Historical Performance: What has HNL’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.
- Valuation: What is HNL 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 HNL is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HNL? 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 past 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. For errors that warrant correction please contact the editor at firstname.lastname@example.org.