NFI Group (TSX: NFI) is North America’s leading bus manufacturer with facilities across Canada and the U.S. The company pays a dividend yield of 5%, has a free cash flow yield of 12%, has 2.5 years of revenue in backlog, and has a strong balance sheet. Despite all of this, the company is down 37.5% in the past 12 months. The following factors have contributed to its decline:
Disclaimer: Palos Funds are shareholders of NFI.
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