Yahoo Finance These Factors Make Intertek Group plc (LON:ITRK) An Interesting Investment
Intertek Group plc (LON:ITRK) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ITRK, it is a financially-sound , dividend-paying company with a a great history 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 Intertek Group here.
Excellent balance sheet with proven track record and pays a dividend
Over the past few years, ITRK has demonstrated a proven ability to generate robust returns of 38% Not surprisingly, ITRK outperformed its industry which returned 22%, giving us more conviction of the company’s capacity to drive bottom-line growth going forward. ITRK is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that ITRK has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. ITRK seems to have put its debt to good use, generating operating cash levels of 0.58x 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.
ITRK is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Intertek Group, I’ve put together three relevant aspects you should further research:
Future Outlook: What are well-informed industry analysts predicting for ITRK’s future growth? Take a look at our free research report of analyst consensus for ITRK’s outlook.
Valuation: What is ITRK 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 ITRK is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ITRK? 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.
