Should Investors Take a Closer Look at Albany International Corp.?
December 8, 2023
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Investors should definitely consider taking a closer look at Albany International ($NYSE:AIN) Corp. This company is a global leader in textiles and materials processing and is a leading producer of advanced materials and engineered products. The company specializes in advanced materials, fabrics, and textile technologies, making it an attractive option for investors.
Additionally, Albany International Corp has a rich history of performance and strong financials, making it a secure option for those looking to invest in the stock market. Moreover, the company has a solid balance sheet with significant cash reserves and low debt levels. This makes it attractive to investors who are looking for stability and long-term potential. Finally, Albany International Corp offers a dividend yield that is significantly higher than the industry average. This makes it an attractive option for those seeking steady income from their investments. This shows that the stock is highly sought after by major institutional players. In conclusion, Albany International Corp is definitely worth taking a closer look at for investors who are looking for a reliable and long-term investment option. With its strong financials, attractive dividend yield, and proven track record of performance, this company should definitely be considered by investors.
Market Price
With its stock opening at $86.3 and closing at $85.4 on Friday, investors may be wondering if they should take a closer look at Albany International Corp. The slight decrease of 0.3% from the previous closing price of $85.7 may be seen as an indicator that now is a good time for investors to take a closer look and decide if this company is right for them. The company has been making waves in the industry as evidenced by its success over the past few years, and with its stock prices staying relatively consistent, it could be the perfect time to consider investing in Albany International Corp. Investors should do their due diligence and research the company thoroughly before investing to ensure it aligns with their own financial goals. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Albany International. More…
| Total Revenues | Net Income | Net Margin |
| 1.09k | 98.8 | 9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Albany International. More…
| Operations | Investing | Financing |
| 134.72 | -226.11 | -25.37 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Albany International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.79k | 868.62 | 29.32 |
Key Ratios Snapshot
Some of the financial key ratios for Albany International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.5% | -3.1% | 15.5% |
| FCF Margin | ROE | ROA |
| 3.8% | 11.6% | 5.9% |
Analysis
GoodWhale conducted an analysis of ALBANY INTERNATIONAL‘s wellbeing. Our star chart showed that ALBANY INTERNATIONAL has a high health score of 9/10, considering its cashflows and debt. The company is capable to pay off debt and fund future operations. This led us to classify ALBANY INTERNATIONAL as a ‘cow’, a type of company we conclude that has the track record of paying out consistent and sustainable dividends. Investors who are interested in high dividends with less risk may find ALBANY INTERNATIONAL a strong investment opportunity. The company is strong in dividend, profitability, medium in asset and weak in growth, making it an attractive option for conservative investors. More…
Peers
Their competitors include Trident Ltd, Jasch Industries Ltd, and Ruentex Industries Ltd, all of whom are dedicated to providing innovative solutions to meet the dynamic needs of their customers.
– Trident Ltd ($BSE:521064)
Trident Ltd is an Indian yarn and fabric manufacturer, producing a wide range of products for the home textiles, apparel, and industrial markets. As of 2023, the company has a market capitalization of 171.99B, indicating a strong financial performance. Additionally, the company has a Return on Equity of 13.46%, demonstrating its ability to generate returns for its shareholders. This is indicative of Trident Ltd’s success in pursuing their long-term strategies and delivering value to their stakeholders.
– Jasch Industries Ltd ($BSE:500220)
Jasch Industries Ltd is a multinational conglomerate headquartered in Hong Kong. The company is engaged in a variety of businesses including industrial manufacturing, engineering services, infrastructure development and financial services. As of 2023, the company has a market capitalization of 1.92 billion and a Return on Equity of 20.32%. The company’s market capitalization reflects its current value and potential, while the high Return on Equity indicates the efficiency of the management’s ability to generate profits from shareholders’ investments.
– Ruentex Industries Ltd ($TWSE:2915)
Ruentex Industries Ltd is a Taiwanese conglomerate with a market cap of 68.33B as of 2023. The company is involved in a wide range of activities, from retail to financial services, and is one of the largest companies in Taiwan. The company has a remarkable Return on Equity of 105.92%, indicating that it has been able to generate a significant amount of wealth for its shareholders. This impressive ROE is a testament to the company’s successful business strategies and growth plans.
Summary
Albany International Corp. is a global leader in advanced textiles and materials processing. This could indicate that the stock is undervalued. All in all, Albany International may be a good investment opportunity for those looking for long-term capital appreciation and dividend income.
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