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 International Speedway Corporation (NASDAQ:ISCA), it is a financially-robust , dividend-paying company with a an impressive track record of performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my high-level commentary, take a look at the report on International Speedway here.
Excellent balance sheet with solid track record and pays a dividend
In the past couple of years, ISCA has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. In addition to beating its historical values, ISCA also outperformed its industry, which delivered a growth of 17.91%. This is an optimistic signal for the future. ISCA’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that ISCA has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. ISCA seems to have put its debt to good use, generating operating cash levels of 0.87x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
Income investors would also be happy to know that ISCA is a great dividend company, with a current yield standing at 1.07%. ISCA has also been regularly increasing its dividend payments to shareholders over the past decade.
For International Speedway, there are three fundamental aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for ISCA’s future growth? Take a look at our free research report of analyst consensus for ISCA’s outlook.
- Valuation: What is ISCA 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 ISCA is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ISCA? 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 past 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. For errors that warrant correction please contact the editor at email@example.com.