2024-06-07 00:16:33 ET
Summary
- International Flavors & Fragrances operates in the specialty chemicals industry.
- IFF has four divisions: Nourish, Health and Biosciences, Sent, and Pharmaceutical Solutions.
- The company's financials show a small investment runway and limited opportunities for capital appreciation, but it offers steady dividends for income-oriented investors.
Investment Summary
Avid readers of this channel will know that we have been scouring the basic materials sector for 1) well-priced compounders, with 2) mouth-watering economics, and 3) throwing off piles of free cash flow. So far, there have been several names that fit this mould.
It is not all rainbows and butterflies, however. Finding companies that fit this strict economic criteria is tremendously difficult and compounded by the fact that, oftentimes, all of a business's "good news" is fully embedded into current market expectations....
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For further details see:
International Flavors & Fragrances: Acquisitions Not Yet Pulling Weight