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What Makes Gluskin Sheff + Associates Inc (TSE:GS) An Attractive Investment?

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 Gluskin Sheff + Associates Inc (TSX:GS), it is a financially-robust company with a a strong track record of dividend payments and a buoyant future outlook. 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 Gluskin Sheff + Associates here.

Flawless balance sheet with reasonable growth potential and pays a dividend

GS’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that GS has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. Investors should not worry about GS’s debt levels because the company has none! This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.

TSX:GS Future Profit Jun 15th 18
TSX:GS Future Profit Jun 15th 18

GS’s high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income.

TSX:GS Historical Dividend Yield Jun 15th 18
TSX:GS Historical Dividend Yield Jun 15th 18

Next Steps:

For Gluskin Sheff + Associates, there are three relevant aspects you should look at:

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  1. Historical Performance: What has GS’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.

  2. Valuation: What is GS 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 GS is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of GS? 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 pass 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.