I've been keeping an eye on Securitas AB (STO:SECU B) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SECU B has a lot to offer. Basically, it is a highly-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. If you're interested in understanding beyond my broad commentary, take a look at the report on Securitas here.
Excellent balance sheet established dividend payer
SECU B's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that SECU B manages its cash and cost levels well, which is a key determinant of the company’s health. SECU B's has produced operating cash levels of 0.24x total debt over the past year, which implies that SECU B's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Income investors would also be happy to know that SECU B is a great dividend company, with a current yield standing at 2.9%. SECU B has also been regularly increasing its dividend payments to shareholders over the past decade.
For Securitas, there are three essential factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for SECU B’s future growth? Take a look at our free research report of analyst consensus for SECU B’s outlook.
- Historical Performance: What has SECU B'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 SECU B? 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.