hi spark guy,
i agree with you , fundamentals are excellent. Also to note that div yield is 8% with a payout ratio of 78% so money retained for growth. Excellent ROE of 30%
trading at about 7-8 times EV/EBITDA ( amongst the cheapest in the entire sector , comparing AMM, CSV, OCL,asz )
There is only one other with higher ROE , zero debt and about 7 times EV/EBITDA. Very tightly held, been waiting to get into it for some time. You probably know which one, will mention it once i buy!
back to dws, yes i like their cautious optimism ( on presentations) as it is better to underpromise and overdeliver.
good luck!
Still a good buying opportuity with current value atleast 20% . to think , that this was trading in low , high 1.20 's not so long ago!
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