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Polskie Górnictwo Naftowe i Gazownictwo S.A. (WSE:PGN) 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 PGN, it is a well-regarded dividend payer 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 digger a bit deeper into my commentary, take a look at the report on Polskie Górnictwo Naftowe i Gazownictwo here.
Flawless balance sheet average dividend payer
PGN'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 implies that PGN manages its cash and cost levels well, which is a crucial insight into the health of the company. PGN's has produced operating cash levels of 2.11x total debt over the past year, which implies that PGN's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For those seeking income streams from their portfolio, PGN is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.8%.
For Polskie Górnictwo Naftowe i Gazownictwo, there are three essential factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for PGN’s future growth? Take a look at our free research report of analyst consensus for PGN’s outlook.
- Historical Performance: What has PGN'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 PGN? 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 firstname.lastname@example.org. 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.