Sun Hydraulics
designs, manufactures and markets valves and manifolds for hydraulic systems
including electrical and nonelectrical
actuated valves, machined manifolds and
custom valve and manifold assemblies for use in construction agriculture,
mining, industrial and fire and rescue equipment. The company has grown dividends and profits
at a 12-13% pace over the past five years earning a 15-20% return on
equity. SHNY’s business suffered
dramatically in the 2009 recession; however, it has made a strong comeback
which should continue as a result of:
(1) growth in global industrial capital
expenditures,
(2) price increases,
(3)
international expansion,
(4) acquisitions.
Negatives:
(1) its international business exposes it to
the uncertainties of foreign laws and
regulations as well as currency fluctuations,
(2) intense competition.
SHNY
is rated B+ by Value Line, it has no debt and its stock yields 1.1%.
Statistical Summary
Stock
Dividend Payout # Increases
Yield Growth Rate Ratio
Since 2003
Debt/ EPS Down Net Value Line
Equity ROE Since 2003 Margin Rating
Chart
Note:
SNHY stock has made great progress off its
March 2009 low, quickly surpassing the downtrend off its August 2008 high (red
line) and its November 2008 trading high (green line). Long term the stock is in an uptrend
(straight blue lines); intermediate term it is in an uptrend (purple
lines). The wiggly blue line is on
balance volume. The Aggressive Growth
Portfolio owns a 50% in SNHY . The upper boundary of its Buy
Value Range Sell
Half Range
10/13
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