The Motley Fool January 3, 2024.
The company is a bit behind when it comes to debt, needing 129% of equity to cover its debt at this point. However, in every other respect it’s a strong stock.
Northland stock currently trades at 15.4 times earnings, with a forward price-to-earnings ratio of 19. Therefore, investors think shares will be in higher demand come the future. It still trades at 2.7 times sales, 1.4 times book value, and just 8.3 of enterprise value (EV) over earnings before interest, taxes, depreciation and amortization (EBITDA). All in all, NIP’s a valuable stock, with a great dividend.