In This Article:
I’ve been keeping an eye on Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe TNPL has a lot to offer. Basically, it is a notable dividend-paying company that has been a rockstar for income investors, currently trading at an attractive share price. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, read the full report on Tamil Nadu Newsprint and Papers here.
Good value average dividend payer
TNPL’s shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. Investors have the opportunity to buy into the stock to reap capital gains, if TNPL’s projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. Also, relative to the rest of TNPL’s peers, it is also trading at a value below those of similar sizes in asset terms. This further reaffirms that TNPL is potentially undervalued.
For those seeking income streams from their portfolio, TNPL is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.8%, making it one of the best dividend companies in the market.
Next Steps:
For Tamil Nadu Newsprint and Papers, there are three key factors you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for TNPL’s future growth? Take a look at our free research report of analyst consensus for TNPL’s outlook.
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Historical Performance: What has TNPL’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.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TNPL? 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 editorial-team@simplywallst.com.