Should You Consider ULMA Construccion Polska S.A. (WSE:ULM)?

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I've been keeping an eye on ULMA Construccion Polska S.A. (WSE:ULM) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe ULM has a lot to offer. Basically, it is a company with great financial health as well as a a strong history of performance. Below, I've touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, read the full report on ULMA Construccion Polska here.

Flawless balance sheet with solid track record

Over the past year, ULM has grown its earnings by 94%, with its most recent figure exceeding its annual average over the past five years. Not only did ULM outperformed its past performance, its growth also surpassed the Construction industry expansion, which generated a 40% earnings growth. This paints a buoyant picture for the company. ULM's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. ULM currently has no debt on its balance sheet. This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.

WSE:ULM Income Statement, May 12th 2019
WSE:ULM Income Statement, May 12th 2019

Next Steps:

For ULMA Construccion Polska, I've put together three essential aspects you should look at:

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

  2. Valuation: What is ULM 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 ULM is currently mispriced by the market.

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