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Brief Commentary On Fresh Del Monte Produce Inc’s (NYSE:FDP) Fundamentals

Fresh Del Monte Produce Inc (NYSE:FDP) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of FDP, it is a well-regarded dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary 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 Fresh Del Monte Produce here.

Excellent balance sheet average dividend payer

FDP’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. FDP’s has produced operating cash levels of 0.26x total debt over the past year, which implies that FDP’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NYSE:FDP Historical Debt October 15th 18
NYSE:FDP Historical Debt October 15th 18

For those seeking income streams from their portfolio, FDP is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.0%.

NYSE:FDP Historical Dividend Yield October 15th 18
NYSE:FDP Historical Dividend Yield October 15th 18

Next Steps:

For Fresh Del Monte Produce, there are three essential aspects you should further examine:

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

  2. Historical Performance: What has FDP’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

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