TSX:FRU - Post Discussion
Post by
retiredcf on Jun 06, 2024 6:13am
Stockchase Insights
BUY
Freehold Royalties Ltd(FRU-T)
05/06/2024
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
FRU is quite cheap at 11X earnings, and it has a strong balance sheet with net debt about 1X cash flow. Free cash flow is good and the dividend is good and now higher than its pre-covid level (it was reduced in the pandemic). In the context of the volatile oil and gas sector, we would be comfortable owning it.
Financial Services
$13.680
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