A Holistic Look At Spirax-Sarco Engineering plc (LON:SPX)

Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Spirax-Sarco Engineering plc (LON:SPX) due to its excellent fundamentals in more than one area. SPX is a dependable dividend-paying company with a a strong track record of delivering benchmark-beating performance. 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, take a look at the report on Spirax-Sarco Engineering here.

Solid track record average dividend payer

In the previous year, SPX has ramped up its bottom line by 33%, with its latest earnings level surpassing its average level over the last five years. The strong earnings growth is reflected in impressive double-digit 27% return to shareholders, which is an optimistic signal for the future.

LSE:SPX Income Statement Export November 5th 18

SPX 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.

LSE:SPX Historical Dividend Yield November 5th 18

Next Steps:

For Spirax-Sarco Engineering, I’ve put together three key aspects you should look at:

1. Future Outlook: What are well-informed industry analysts predicting for SPX’s future growth? Take a look at our free research report of analyst consensus for SPX’s outlook.

2. Financial Health: Are SPX’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SPX? 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.