Richelieu Hardware ROIC at 16%


Ticker: RCH | Market: TSX | Price: $31.00 | Yield: 0.74% | Cap: $1.8B

Richelieu Hardware, is a relatively unknown Canadian stock, but not for good reason. Under followed by analysts because they don’t raise debt or equity, these guys have been delivering the goods for years. Consistent FCF generation on strong operating cash flow and very little required sustaining capital. Due to its asset light business model, RCH manages to achieve an excellent ROIC, which has averaged 16% for the last 10 years. Extremely high quality stock to buy and hold.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s