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Chase Corporation: An Underrated Small Cap With Stellar Financials
Summary
- Chase Corporation is a high-quality small-cap company that remains unknown to many investors.
- The company has a strong balance sheet, has grown at 8% per year over the last 10 years, and generates consistent cash flows that are effectively reinvested into the company.
- A ROIC number in the high teens means shareholder value creation is strong and likely to continue into the future.
I am a Mechanical Engineer with an interest in the stock market and long-term investing strategies. I have no formal training in equity research/analysis but I like to think for myself and take investment decisions into my own hands. Anyone can be a successful long-term investor when equipped with a handful of simple tools and the ability to stay the course regardless of what the market does in the short term.
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