Do you know how what explains the historically high margins in both segments (gross & EBIT)? Is that mainly due to the acquisitions they have made? It's normally not something I like to see.
Thanks for the article. I have yet to do a deeper analysis but wanted to comment on the valuation table. It seems the company trades at a premium, not a discount, regarding the dividend yield, doesn't it? (yield inversely proportional to multiple, ie. a lower yield means it is trading at a higher multiple und thus not at discount)
Great article! It often pops up on my screener but I've never taken a closer look.
Do you know how what explains the historically high margins in both segments (gross & EBIT)? Is that mainly due to the acquisitions they have made? It's normally not something I like to see.
Thanks for the article. I have yet to do a deeper analysis but wanted to comment on the valuation table. It seems the company trades at a premium, not a discount, regarding the dividend yield, doesn't it? (yield inversely proportional to multiple, ie. a lower yield means it is trading at a higher multiple und thus not at discount)