02 April 2015
By Maynard Paton
Today I’m continuing my hunt for Watch List shares with a look at Zytronic (ZYT).
Here are the initial attractions that prompted this research:
Appealing financials: Accounts showcase 15%-plus margins and an asset-rich balance sheet
Rising dividend: Payout has advanced 5-fold between 2005 and 2014
Interesting valuation: The shares could offer a possible P/E of 11
As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible.