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I’ve been keeping an eye on Galp Energia, SGPS, S.A. (ELI:GALP) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe GALP 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 is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Galp Energia SGPS here.
Excellent balance sheet average dividend payer
GALP’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 indicates that GALP has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. GALP’s has produced operating cash levels of 0.49x total debt over the past year, which implies that GALP’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 GALP is a great dividend company, with a current yield standing at 4.3%. GALP has also been regularly increasing its dividend payments to shareholders over the past decade.
For Galp Energia SGPS, there are three important factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for GALP’s future growth? Take a look at our free research report of analyst consensus for GALP’s outlook.
- Historical Performance: What has GALP’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 GALP? 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.