These Fundamentals Make Transport Corporation of India Limited (NSE:TCI) Truly Worth Looking At
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
Attractive stocks have exceptional fundamentals. In the case of Transport Corporation of India Limited (NSE:TCI), there's is a financially-sound , dividend-paying company with a great history of performance. Below is a brief commentary on these key aspects. For those interested in digging a bit deeper into my commentary, read the full report on Transport of India here.
Excellent balance sheet with proven track record and pays a dividend
TCI's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that TCI has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. TCI seems to have put its debt to good use, generating operating cash levels of 0.39x 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.
TCI is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Transport of India, there are three important aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for TCI’s future growth? Take a look at our free research report of analyst consensus for TCI’s outlook.
Valuation: What is TCI 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 TCI is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TCI? 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.
