In This Article:
Cera Sanitaryware Limited (NSE:CERA) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of CERA, it is a notable 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 understanding where the figures come from and want to see the analysis, take a look at the report on Cera Sanitaryware here.
Flawless balance sheet average dividend payer
CERA's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that CERA has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. CERA appears to have made good use of debt, producing operating cash levels of 0.78x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For those seeking income streams from their portfolio, CERA is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 0.4%.
Next Steps:
For Cera Sanitaryware, I've put together three fundamental aspects you should further research:
-
Future Outlook: What are well-informed industry analysts predicting for CERA’s future growth? Take a look at our free research report of analyst consensus for CERA’s outlook.
-
Historical Performance: What has CERA'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.
-
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CERA? 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.