Should You Be Holding Tsim Sha Tsui Properties Limited (HKG:247)?
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Tsim Sha Tsui Properties Limited (HKG:247), it is a financially-sound , dividend-paying company with a a great track record of performance. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my high-level commentary, take a look at the report on Tsim Sha Tsui Properties here.
Flawless balance sheet with proven track record and pays a dividend
Over the past few years, 247 has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. Not only did 247 outperformed its past performance, its growth also surpassed the Real Estate industry expansion, which generated a 46.68% earnings growth. This is what investors like to see! 247 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that 247 has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. 247 appears to have made good use of debt, producing operating cash levels of 1.1x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
247 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 Tsim Sha Tsui Properties, I’ve put together three relevant factors you should further research:
Future Outlook: What are well-informed industry analysts predicting for 247’s future growth? Take a look at our free research report of analyst consensus for 247’s outlook.
Valuation: What is 247 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 247 is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 247? 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 pass 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.
