- By Holmes Osborne, CFA
Northgate PLC (NTG.L) is a U.K.-based "vehicle hire" or auto rental agency. The company is very profitable, and the stock is pretty cheap, trading at a price-earnings (P/E) ratio of 12 with a 3% dividend.
The stock trades for 5.565 pounds ($6.94) in London, there are 131.7 million shares, and the market cap is 733 million pounds. It takes $1.25 to buy one pound. Trailing earnings per share are 46 pence, and the stock trades at a P/E ratio of 12. Cheap! The dividend is 17 pence, and the stock yields 3%. Again, cheap.
- Warning! GuruFocus has detected 4 Warning Sign with LSE:NTG. Click here to check it out.
- High Yield Dividend Stocks in Gurus' Portfolio
- NASDAQ:CAR). Northgate releases annual numbers next month. I noticed that it was recommended in Barron's a few years ago in the annual Roundtable.