Looking At Plover Bay Technologies Limited (HKG:1523) From All Angles
Attractive stocks have exceptional fundamentals. In the case of Plover Bay Technologies Limited (HKG:1523), there's is a financially-sound , dividend-paying company with a a strong track record 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, take a look at the report on Plover Bay Technologies here.
Flawless balance sheet with proven track record and pays a dividend
1523 delivered a satisfying double-digit returns of 32% in the most recent year Unsurprisingly, 1523 surpassed the Communications industry return of 13%, which gives us more confidence of the company's capacity to drive earnings going forward. 1523's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that 1523 manages its cash and cost levels well, which is a key determinant of the company’s health. 1523 seems to have put its debt to good use, generating operating cash levels of 14.92x 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.
1523's high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income.
Next Steps:
For Plover Bay Technologies, I've put together three important aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for 1523’s future growth? Take a look at our free research report of analyst consensus for 1523’s outlook.
Valuation: What is 1523 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 1523 is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1523? 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.
