Yahoo Finance A Holistic Look At Tassal Group Limited (ASX:TGR)
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I've been keeping an eye on Tassal Group Limited (ASX:TGR) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe TGR has a lot to offer. Basically, it is a financially-healthy company with an impressive track record high-grade dividend payments, trading at a discount. 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 Tassal Group here.
Excellent balance sheet, good value and pays a dividend
TGR's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that TGR manages its cash and cost levels well, which is an important determinant of the company’s health. TGR's has produced operating cash levels of 0.51x total debt over the past year, which implies that TGR's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings. TGR's share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. Investors have the opportunity to buy into the stock to reap capital gains, if TGR's projected earnings trajectory does follow analyst consensus growth, which determines my intrinsic value of the company. Also, relative to the rest of its peers with similar levels of earnings, TGR's share price is trading below the group's average. This supports the theory that TGR is potentially underpriced.
For those seeking income streams from their portfolio, TGR is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.6%.
Next Steps:
For Tassal Group, I've compiled three key factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for TGR’s future growth? Take a look at our free research report of analyst consensus for TGR’s outlook.
Historical Performance: What has TGR'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 TGR? 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.
