Gildan Activewear (GIL) looks like an attractive opportunity right now trading at 11.9x TTM P/E. The company has a nicely profitable operating history that allows it to pay a dividend currently yielding 3.9%, before adding additional average annual share repurchases of 1.9% over the past decade. A free cash flow analysis touched on later in this article indicates free cash flow yields around 7.1% at current prices.
Introduction to the Company
Gildan is a leading manufacturer of everyday basic apparel, including activewear, underwear, socks, hosiery, and legwear products sold in North America,