Does The Data Make Alm. Brand A/S (CPH:ALMB) An Attractive Investment?

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I’ve been keeping an eye on Alm. Brand A/S (CPH:ALMB) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe ALMB has a lot to offer. Basically, it is a dependable dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in digging a bit deeper into my commentary, read the full report on Alm. Brand here.

Adequate balance sheet average dividend payer

ALMB’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 ALMB manages its cash and cost levels well, which is a crucial insight into the health of the company. ALMB seems to have put its debt to good use, generating operating cash levels of 1.32x 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.

CPSE:ALMB Historical Debt, July 12th 2019
CPSE:ALMB Historical Debt, July 12th 2019

ALMB’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.

CPSE:ALMB Historical Dividend Yield, July 12th 2019
CPSE:ALMB Historical Dividend Yield, July 12th 2019

Next Steps:

For Alm. Brand, there are three essential factors you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for ALMB’s future growth? Take a look at our free research report of analyst consensus for ALMB’s outlook.
  2. Historical Performance: What has ALMB’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.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ALMB? 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.