Q: What is your current opinion of HME? Do you feel it is similar in balance sheet strength, dividend reliability and future prospects to such firms as ARX, BIR, and HWX? Thanks
5i Research Answer:
From a financial perspective, yes. It has a strong balance sheet, low valuation, a payout ratio less than 25%, growing cash flow and earnings growth expected. So it compares well EXCEPT on size. At $134M, it is significantly smaller than the others noted, so trading liquidity and simply overall company risk is greater. But it reads well on the numbers, certainly.