In This Article:
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on ComfortDelGro Corporation Limited (SGX:C52) due to its excellent fundamentals in more than one area. C52 is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on ComfortDelGro here.
Flawless balance sheet established dividend payer
C52’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 C52 has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. C52 seems to have put its debt to good use, generating operating cash levels of 2.07x 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 C52 is a great dividend company, with a current yield standing at 4.4%. C52 has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For ComfortDelGro, there are three important factors you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for C52’s future growth? Take a look at our free research report of analyst consensus for C52’s outlook.
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Historical Performance: What has C52’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 C52? 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.