Advertisement
Canada markets closed
  • S&P/TSX

    22,290.62
    +31.15 (+0.14%)
     
  • S&P 500

    5,187.69
    +6.95 (+0.13%)
     
  • DOW

    38,883.80
    +31.53 (+0.08%)
     
  • CAD/USD

    0.7286
    -0.0035 (-0.48%)
     
  • CRUDE OIL

    78.50
    +0.02 (+0.03%)
     
  • Bitcoin CAD

    86,451.54
    -277.66 (-0.32%)
     
  • CMC Crypto 200

    1,309.29
    -55.83 (-4.09%)
     
  • GOLD FUTURES

    2,322.20
    -9.00 (-0.39%)
     
  • RUSSELL 2000

    2,069.48
    +8.80 (+0.43%)
     
  • 10-Yr Bond

    4.4630
    -0.0260 (-0.58%)
     
  • NASDAQ

    16,332.56
    -16.69 (-0.10%)
     
  • VOLATILITY

    13.25
    -0.24 (-1.78%)
     
  • FTSE

    8,313.67
    +100.18 (+1.22%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • CAD/EUR

    0.6770
    -0.0022 (-0.32%)
     

Why We Think Mediagrif Interactive Technologies Inc. (TSE:MDF) Could Be Worth Looking At

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Attractive stocks have exceptional fundamentals. In the case of Mediagrif Interactive Technologies Inc. (TSE:MDF), there's is a financially-sound company with a an impressive track record high-quality dividend payments, trading at a great value. 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 Mediagrif Interactive Technologies here.

Excellent balance sheet, good value and pays a dividend

MDF's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that MDF has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. MDF's has produced operating cash levels of 0.55x total debt over the past year, which implies that MDF's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings. MDF's share price is trading below its true value according to its price-to-earnings ratio of 13.15x compared to its industry as well as the wider stock market, making it a relatively cheap stock compared to its peers.

TSX:MDF Price Estimation Relative to Market, June 11th 2019
TSX:MDF Price Estimation Relative to Market, June 11th 2019

For those seeking income streams from their portfolio, MDF is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 4.3%.

TSX:MDF Historical Dividend Yield, June 11th 2019
TSX:MDF Historical Dividend Yield, June 11th 2019

Next Steps:

For Mediagrif Interactive Technologies, I've put together three relevant aspects you should look at:

ADVERTISEMENT
  1. Future Outlook: What are well-informed industry analysts predicting for MDF’s future growth? Take a look at our free research report of analyst consensus for MDF’s outlook.

  2. Historical Performance: What has MDF'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 MDF? 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 editorial-team@simplywallst.com. 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.