These Fundamentals Make Symrise AG (ETR:SY1) Truly Worth Looking At
Symrise AG (ETR:SY1) 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 SY1, it is a financially-sound , dividend-paying company with a great history of performance. In the following section, I expand a bit more 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 Symrise here.
Adequate balance sheet with proven track record and pays a dividend
SY1 has a strong track record of performance. In the previous year, SY1 delivered an impressive double-digit return of 6.2% Unsurprisingly, SY1 surpassed the industry return of 4.2%, which gives us more confidence of the company's capacity to drive earnings going forward. SY1'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 an important determinant of the company’s health. SY1 seems to have put its debt to good use, generating operating cash levels of 0.27x 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.
For those seeking income streams from their portfolio, SY1 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.1%.
Next Steps:
For Symrise, there are three key aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for SY1’s future growth? Take a look at our free research report of analyst consensus for SY1’s outlook.
Valuation: What is SY1 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 SY1 is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SY1? 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.
