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Attractive stocks have exceptional fundamentals. In the case of Evertz Technologies Limited (TSE:ET), there's is a financially-robust , 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, take a look at the report on Evertz Technologies here.
Flawless balance sheet with proven track record and pays a dividend
In the previous year, ET has ramped up its bottom line by 47%, with its latest earnings level surpassing its average level over the last five years. The strong earnings growth is reflected in impressive double-digit 22% return to shareholders, which is an notable feat for the company. ET'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 indicates that ET has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. ET seems to have put its debt to good use, generating operating cash levels of 166x 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.
Income investors would also be happy to know that ET is a great dividend company, with a current yield standing at 3.8%. ET has also been regularly increasing its dividend payments to shareholders over the past decade.
For Evertz Technologies, I've compiled three important factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for ET’s future growth? Take a look at our free research report of analyst consensus for ET’s outlook.
- Valuation: What is ET 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 ET is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ET? 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.