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NSRGY - Nestlé: Focusing Its Efforts In The Right Places
Nestle SA ADR Reg Shs Ser B
Back in April, I made the argument that while Nestlé S.A. (NSRGF) had seen strong performance in 2019, I was cautious on further growth prospects due to the effects of the COVID-19 pandemic as well as controversy surrounding Nestlé Waters as well as food labeling practices.
With that being said, we have seen healthy growth in the stock price since April:
Source: investing.com
On an earnings and free cash flow basis, we can see that the stock is trading at roughly in the middle of the five-year trend on an EV/EBITDA basis, while