In This Article:
LIC Housing Finance Limited (NSE:LICHSGFIN) 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 LICHSGFIN, it is a highly-regarded dividend payer 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 understanding where the figures come from and want to see the analysis, read the full report on LIC Housing Finance here.
Established dividend payer and good value
LICHSGFIN is currently trading at a price-to-equity ratio of 11.03x relative to the industry ratio of 17.73x and market ratio of 19.33x, making it a relatively cheap stock compared to its peers.
Income investors would also be happy to know that LICHSGFIN is a great dividend company, with a current yield standing at 1.5%. LICHSGFIN has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For LIC Housing Finance, there are three relevant factors you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for LICHSGFIN’s future growth? Take a look at our free research report of analyst consensus for LICHSGFIN’s outlook.
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Historical Performance: What has LICHSGFIN’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 LICHSGFIN? 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.