Yahoo Finance James Halstead plc (LON:JHD): A Fundamentally Attractive Investment
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Attractive stocks have exceptional fundamentals. In the case of James Halstead plc (LON:JHD), there's is a financially-healthy , dividend-paying company with a a great history of performance. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on James Halstead here.
Flawless balance sheet established dividend payer
JHD delivered a satisfying double-digit returns of 30% in the most recent year Unsurprisingly, JHD surpassed the Building industry return of 14%, which gives us more confidence of the company's capacity to drive earnings going forward. JHD is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. JHD appears to have made good use of debt, producing operating cash levels of 234x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For those seeking income streams from their portfolio, JHD is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.7%.
Next Steps:
For James Halstead, there are three key aspects you should further research:
Future Outlook: What are well-informed industry analysts predicting for JHD’s future growth? Take a look at our free research report of analyst consensus for JHD’s outlook.
Valuation: What is JHD 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 JHD is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JHD? 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.
