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Why SIA Engineering Company Limited (SGX:S59) Could Be Your Next Investment

Joseph Holm

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SIA Engineering Company Limited (SGX:S59) 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 S59, it is a dependable dividend payer that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on SIA Engineering here.

Flawless balance sheet average dividend payer

S59’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that S59 manages its cash and cost levels well, which is a key determinant of the company’s health. S59 appears to have made good use of debt, producing operating cash levels of 3.86x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

SGX:S59 Historical Debt February 12th 19

S59 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.

SGX:S59 Historical Dividend Yield February 12th 19

Next Steps:

For SIA Engineering, there are three fundamental aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for S59’s future growth? Take a look at our free research report of analyst consensus for S59’s outlook.
  2. Historical Performance: What has S59’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.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of S59? 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 editorial-team@simplywallst.com.