Yahoo Finance Does The Data Make IMI plc (LON:IMI) An Attractive Investment?
I've been keeping an eye on IMI plc (LON:IMI) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe IMI has a lot to offer. Basically, it is a financially-healthy , dividend-paying company with a great track record of performance. In the following section, I expand a bit more 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 IMI here.
Solid track record established dividend payer
In the previous year, IMI has ramped up its bottom line by 16%, with its latest earnings level surpassing its average level over the last five years. This illustrates a strong track record, leading to a satisfying return on equity of 25%. which is an optimistic signal for the future. IMI is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that IMI has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. IMI's has produced operating cash levels of 0.51x total debt over the past year, which implies that IMI's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Income investors would also be happy to know that IMI is a great dividend company, with a current yield standing at 4.2%. IMI has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For IMI, I've put together three essential aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for IMI’s future growth? Take a look at our free research report of analyst consensus for IMI’s outlook.
Valuation: What is IMI worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether IMI is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of IMI? 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.
