Dorel is a Canada-based cyclical consumer products distributor, which focuses on juvenile products and bicycles. It has distribution rights for some key brands like: Quinny, Maxi-Cosi, Safety 1st, Infanti and Bebe Confort juvenile products, and Cannondale, Schwinn, GT, Mongoose and Iron Horse bicycles. They also distribute SUGOI sporting apparel.
- The P/E Ratio is 12.88, which is greater than the average historical P/E of 9.93 and the Graham Number is $54.90
- The Dividend Yield is 2.97%, and the coverage is 260%
- Forecast Growth Rate is 17.18%
- The Gordon Return (Dividend + Growth) is 20.16%
The Margin of Safety at current prices is 11.79%. The P/E is high (historically) but I think the growth rate is justification enough. Also, the ex-dividend date is next week, which will pay me $0.3/share in cash.
- Buy DII-B.TO @ $41.01