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Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Plover Bay Technologies Limited (HKG:1523) due to its excellent fundamentals in more than one area. 1523 is a financially-robust , dividend-paying company with a a strong track record of performance. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my broad commentary, 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 32% in the most recent year Not surprisingly, 1523 outperformed its industry which returned 13%, 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 implies that 1523 manages its cash and cost levels well, which is a key determinant of the company’s health. 1523’s has produced operating cash levels of 14.92x total debt over the past year, which implies that 1523’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
1523 is considered one of the top dividend payers in the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.
For Plover Bay Technologies, I’ve compiled three relevant aspects 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 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.