If a company has huge debts, you must strictly stay away from it, however high its dividends are. Such companies cannot be trusted upon to pay out high dividends in the future as the cash flow that they generate would be used for settling debts.
A company that pays out a reasonable rate of dividend and has very little debts is still a better choice. However the best choice would be a company with absolutely no debt at all. Are there any companies like these? If yes, which ones are best in terms of growth?
Today I show you the fastest growing Dividend Champions with zero debt. Those stocks have a double-digit earnings growth forecast for the next five years as well as a low debt to equity ratio of less than 0.1.
Here are the results...
Gorman-Rupp -- Yield: 1.35%
Gorman-Rupp (NYSEMKT:GRC) works within the Diversified Machinery industry, a part of the Industrial Goods sector, and has a market capitalization of $772.29 million.
The Industrial Goods company employs 1,247 people, generates revenue of $434.92 million and has a net income of $36.14 million. Sales grew in average 10.30% per year over the past 5 years.
Gorman-Rupp’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $53.30 million. The EBITDA margin is 12.26 percent (the operating margin is 12.26% and the net profit margin 8.31%).
Financials: The total debt represents 3.16 percent of Gorman-Rupp’s assets and the total debt in relation to the equity amounts to 4.26%. Here are some return ratios:
Return on Assets: 9.60%
Return on Equity: 13.00%
Return on Investment: 12.10%
Quick Ratio: 1.60
Current Ratio: 3.10
Twelve-trailing-months earnings per share reached a value of $1.38. Last fiscal year, Gorman-Rupp paid $0.37 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 21.45, the P/S ratio is 1.79 and the P/B ratio is finally 2.76. The dividend yield amounts to 1.35%.
P/E: 21.45
Forward P/E: 19.47
PEG: 1.43
P/S: 1.79
P/B: 2.76
P/Cash: 31.47
P/Free Cashflow: -
Earnings Growth: Gorman-Rupp’s expected earnings growth for the next year amounts to -2.88% while earnings growth for the next five years is estimated at 15.00%.
EPS this year: 20.00%
EPS next year: -2.88%
EPS next 5 years: 15.00%
EPS past 5 years: 14.50%
Sales past 5 years: 10.30%
Ownership: Insiders of the company own 13.05% of the outstanding shares. The position changed 0.01% over the recent six months.
The second important group of the company is institutional. Those investors own 55.40% of the company’s shares. The value moved -0.82% over the past half year.
Also important for the stock price are short sellers of the company. The amount of short-selling transactions in relation to the total outstanding and floating shares amounted to 2.09%.
In relation the latest trading volume, the ratio was 13.57. High values show that a huge amount of shares being shorted. Investors hope for declining prices and showing a kind of sentiment of the stock.
Technical: The Gorman-Rupp stock price changed -7.53% year-to-date. Compared to the market the beta ratio is 1.19.
Shares of the Diversified Machinery company are -24.08% away from its 52-Week High and 7.56% above the 52-Week Low.
The Relative-Strength-Indicator (RSI) has a value of 51.72. Values over 70 indicating an overbought territory while results below 30 showing that the company could be oversold.
Let’s look at the simple moving averages 200, 50 and 20 of Gorman-Rupp. The stock price is -5.18% away from its 200-Day Moving Average. The distance to the 50-Day Moving Average amounts to -1.07%. Short-term, it’s a value of 1.94%.
Volatility: 26.26Million shares are outstanding of which 22.83M float. The average daily stock trading volume of the recent 3 months amounted to 35.09Killion shares. On the last trading day, 20,098 were sold which resulted in a relative volume of 0.57. Higher values show an increasing short-term volatility.
Volatility Week --- 2.32%
Volatility Month --- 3.13%
Average True Range (ATR) --- 0.87
Beta --- 1.19
Performance:
Performance Week --- 4.78%
Performance Month --- 0.10%
Perormance Quarter --- -3.27%
Performance Half Year --- -2.95%
Performance Year --- -5.31%
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| Long-Term Stock Price Chart Of Gorman-Rupp (GRC) |
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| Long-Term Dividend Payment History of Gorman-Rupp (GRC) |
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| Long-Term Dividend Yield History of Gorman-Rupp (GRC) |
Raven Industries -- Yield: 2.49%
Raven Industries (NASDAQ:RAVN) works within the Diversified Machinery industry, a part of the Industrial Goods sector, and has a market capitalization of $794.86 million.
The Industrial Goods company employs 1,286 people, generates revenue of $394.68 million and has a net income of $42.90 million. Sales grew in average 7.10% per year over the past 5 years.
Raven Industries’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $78.19 million. The EBITDA margin is 19.81 percent (the operating margin is 16.21% and the net profit margin 10.87%).
Financials: The total debt represents 0.00 percent of Raven Industries’s assets and the total debt in relation to the equity amounts to 0.00%. Here are some return ratios:
Return on Assets: 10.90%
Return on Equity: 13.00%
Return on Investment: 17.20%
Quick Ratio: 4.20
Current Ratio: 6.00
Twelve-trailing-months earnings per share reached a value of $0.92. Last fiscal year, Raven Industries paid $0.48 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 22.68, the P/S ratio is 2.08 and the P/B ratio is finally 2.86. The dividend yield amounts to 2.49%.
P/E: 22.68
Forward P/E: 22.56
PEG: 1.51
P/S: 2.08
P/B: 2.86
P/Cash: 11.91
P/Free Cashflow: 33.37
Earnings Growth: Raven Industries’s expected earnings growth for the next year amounts to 3.93% while earnings growth for the next five years is estimated at 15.00%.
EPS this year: -18.80%
EPS next year: 3.93%
EPS next 5 years: 15.00%
EPS past 5 years: 6.60%
Sales past 5 years: 7.10%
Ownership: Insiders of the company own 1.00% of the outstanding shares. The position changed 0.00% over the recent six months.
The second important group of the company is institutional. Those investors own 75.40% of the company’s shares. The value moved -0.75% over the past half year.
Also important for the stock price are short sellers of the company. The amount of short-selling transactions in relation to the total outstanding and floating shares amounted to 4.91%.
In relation the latest trading volume, the ratio was 10.67. High values show that a huge amount of shares being shorted. Investors hope for declining prices and showing a kind of sentiment of the stock.
Technical: The Raven Industries stock price changed -16.05% year-to-date. Compared to the market the beta ratio is 0.72.
Shares of the Diversified Machinery company are -46.91% away from its 52-Week High and 1.80% above the 52-Week Low.
The Relative-Strength-Indicator (RSI) has a value of 32.76. Values over 70 indicating an overbought territory while results below 30 showing that the company could be oversold.
Let’s look at the simple moving averages 200, 50 and 20 of Raven Industries. The stock price is -21.12% away from its 200-Day Moving Average. The distance to the 50-Day Moving Average amounts to -8.84%. Short-term, it’s a value of -4.20%.
Volatility: 38.05Million shares are outstanding of which 37.56M float. The average daily stock trading volume of the recent 3 months amounted to 172.78Killion shares. On the last trading day, 123,847 were sold which resulted in a relative volume of 0.72. Higher values show an increasing short-term volatility.
Volatility Week --- 2.65%
Volatility Month --- 3.34%
Average True Range (ATR) --- 0.67
Beta --- 0.72
Performance:
Performance Week --- -4.13%
Performance Month --- -10.28%
Perormance Quarter --- -8.30%
Performance Half Year --- -20.50%
Performance Year --- -43.90%
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| Long-Term Stock Price Chart Of Raven Industries (RAVN) |
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| Long-Term Dividend Payment History of Raven Industries (RAVN) |
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| Long-Term Dividend Yield History of Raven Industries (RAVN) |
T. Rowe Price Group -- Yield: 2.09%
T. Rowe Price Group (NASDAQ:TROW) works within the Asset Management industry, a part of the Financial sector, and has a market capitalization of $21.66 billion.
The Financial company employs 5,870 people, generates revenue of $3,982.10 million and has a net income of $1,229.60 million. Sales grew in average 16.40% per year over the past 5 years.
T. Rowe Price Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,002.60 million. The EBITDA margin is 50.29 percent (the operating margin is 47.48% and the net profit margin 30.88%).
Financials: The total debt represents 0.00 percent of T. Rowe Price Group’s assets and the total debt in relation to the equity amounts to 0.00%. Here are some return ratios:
Return on Assets: 21.60%
Return on Equity: 23.20%
Return on Investment: 20.70%
Quick Ratio: -
Current Ratio: -
Twelve-trailing-months earnings per share reached a value of $4.45. Last fiscal year, T. Rowe Price Group paid $1.76 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.88, the P/S ratio is 5.50 and the P/B ratio is finally 4.01. The dividend yield amounts to 2.09%.
P/E: 18.88
Forward P/E: 15.61
PEG: 1.39
P/S: 5.50
P/B: 4.01
P/Cash: 14.55
P/Free Cashflow: 31.16
Earnings Growth: T. Rowe Price Group’s expected earnings growth for the next year amounts to 10.97% while earnings growth for the next five years is estimated at 13.58%.
EPS this year: 16.70%
EPS next year: 10.97%
EPS next 5 years: 13.58%
EPS past 5 years: 22.50%
Sales past 5 years: 16.40%
Ownership: Insiders of the company own 2.30% of the outstanding shares. The position changed -1.60% over the recent six months.
The second important group of the company is institutional. Those investors own 72.10% of the company’s shares. The value moved 1.20% over the past half year.
Also important for the stock price are short sellers of the company. The amount of short-selling transactions in relation to the total outstanding and floating shares amounted to 3.25%.
In relation the latest trading volume, the ratio was 6.04. High values show that a huge amount of shares being shorted. Investors hope for declining prices and showing a kind of sentiment of the stock.
Technical: The T. Rowe Price Group stock price changed -2.14% year-to-date. Compared to the market the beta ratio is 1.43.
Shares of the Asset Management company are -5.21% away from its 52-Week High and 17.67% above the 52-Week Low.
The Relative-Strength-Indicator (RSI) has a value of 56.71. Values over 70 indicating an overbought territory while results below 30 showing that the company could be oversold.
Let’s look at the simple moving averages 200, 50 and 20 of T. Rowe Price Group. The stock price is 4.04% away from its 200-Day Moving Average. The distance to the 50-Day Moving Average amounts to 1.12%. Short-term, it’s a value of 2.92%.
Volatility: 260.73Million shares are outstanding of which 252.18M float. The average daily stock trading volume of the recent 3 months amounted to 1.36Million shares. On the last trading day, 1,279,023 were sold which resulted in a relative volume of 0.94. Higher values show an increasing short-term volatility.
Volatility Week --- 1.84%
Volatility Month --- 1.81%
Average True Range (ATR) --- 1.54
Beta --- 1.43
Performance:
Performance Week --- 1.84%
Performance Month --- 2.25%
Perormance Quarter --- 2.97%
Performance Half Year --- 6.57%
Performance Year --- 6.15%
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| Long-Term Stock Price Chart Of T. Rowe Price Group (TROW) |
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| Long-Term Dividend Payment History of T. Rowe Price Group (TROW) |
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| Long-Term Dividend Yield History of T. Rowe Price Group (TROW) |
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Related Stock Ticker Symbols:
GRC, RAVN, TROW
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*I have no positions in any stocks mentioned, and no plans to initiate any
positions within the next 72 hours. I receive no compensation to write about
any specific stock, sector or theme.