SinterCast, founded in 1983, provides process control solutions for the iron foundry industry. Their products allow for reliable high volume production of Compacted Graphite Iron (CGI) primarily used in diesel and petrol engines. Their technology measures and controls iron before it is cast into molds. This reduces scrap, conserves energy and promotes cost-effective series production.
Quality of Earnings
Quality of Management
Sintercast – Competitive advantage is protected
World’s leading supplier of process control technology for high volume production of CGI components. Several current customers include Audi, Volkswagen, Ford, and Hyundai. With patent protection on all key production matters, SinterCast’s competitive advantage is protected.
Globally Active in 12 countries through 42 different locations. The company’s majority business is conducted overseas. With continues increasing demand for vehicles globally the demand for SinterCast’s services is expected to increase.
Consistent increasing dividends have been paid out to investors over the past 5 years with a dividend yield of 2.56%. This shows management’s confidence in the future performance of the company.
The low debt structure of the company results in minimal default risks and exhibits their flexible capital structure.