Should You Consider Wärtsilä Oyj Abp (HEL:WRT1V)?
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Wärtsilä Oyj Abp (HEL:WRT1V) due to its excellent fundamentals in more than one area. WRT1V is a dependable dividend-paying company that has been able to sustain great financial health over the past. Below, I've touched on some key aspects you should know on a high level. For those interested in digging a bit deeper into my commentary, read the full report on Wärtsilä Oyj Abp here.
Established dividend payer with adequate balance sheet
WRT1V'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. WRT1V seems to have put its debt to good use, generating operating cash levels of 0.51x 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.
Income investors would also be happy to know that WRT1V is a great dividend company, with a current yield standing at 4.9%. WRT1V has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Wärtsilä Oyj Abp, I've put together three important factors you should further research:
Future Outlook: What are well-informed industry analysts predicting for WRT1V’s future growth? Take a look at our free research report of analyst consensus for WRT1V’s outlook.
Historical Performance: What has WRT1V'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.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of WRT1V? 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.
