Declining Stock and Decent Financials: Is The Market Wrong About Propel Funeral Partners Limited (ASX:PFP)?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
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Source: Yahoo Finance
Performance Overview: Propel Funeral Partners has experienced a 4.2% decline in stock price over the past month, but its return on equity (ROE) of 5.1% is comparable to the industry average, indicating respectable financial performance despite modest growth.
Growth Potential and Dividends: The company has shown a net income growth of 12% over the past five years and maintains a high payout ratio of 87%, suggesting it prioritizes returning profits to shareholders while still achieving earnings growth; future ROE is expected to rise to 8.7%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
