Albany International Corp. (NYSE:AIN) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of AIN, it is a financially-sound , dividend-paying company with an impressive track record of performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Albany International here.
Solid track record with adequate balance sheet and pays a dividend
AIN delivered a bottom-line expansion of 85% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, AIN also outperformed its industry, which delivered a growth of 19%. This is an notable feat for the company. AIN's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. AIN's has produced operating cash levels of 0.41x total debt over the past year, which implies that AIN's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
AIN 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.
For Albany International, I've put together three pertinent factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for AIN’s future growth? Take a look at our free research report of analyst consensus for AIN’s outlook.
- Valuation: What is AIN 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 AIN is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of AIN? 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 email@example.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.