If you are looking for quality S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) shares, why not run the ruler over Vocus Group Ltd (ASX: VOC) and Mantra Group Ltd (ASX: MTR) shares?
Two ASX 200 shares hiding in plain sight
Vocus Group
Vocus is the company behind some of the most popular Australian and Kiwi telecommunications brands. Included in its stable is Dodo, iPrimus, Slingshot, Flip, CallPlus, Orcon and Switch. And that's just its consumer-facing businesses. It also owns Commander, Vocus, Engin, 2talk, Amcom and NextGen.
The company has experienced explosive growth over the past five years, by acquiring larger and larger companies as it grew. However, as you can imagine, integrating all those businesses has been a daunting task. History tells us that these types of growth strategies more often than not fail to produce better outcomes for investors.
However, if the integrations are done well and the company can release costs from the combined businesses there is scope for it to greatly increase its profits. So although Vocus remains a somewhat risky investment, especially with fewer takeover targets for future growth, it could make a decent investment at the right price.
Mantra
Mantra Group owns the Peppers, Mantra and BreakFree brands of hotels and resorts. It is Australia's second largest operator. The company's share price has been on a downwards trajectory since the beginning of 2016 when its shares traded around $5 — its share price is now around $2.90.
However, recent rumours of a takeover appear to have kick-started investors' enthusiasm for the company. Like Vocus, the jury appears to be out on Mantra Group, with the ongoing popularity of Airbnb weighing on the sentiment.
In spite of this, the company continues to grow its profits and pays a respectable dividend to shareholders. What's more, over the longer-term, Mantra is in a poll position to benefit from an influx of international tourists, particularly from Asia. I doubt many of them are booking through Airbnb.
Foolish Takeaway
If you are seeking S&P/ASX 200 shares that offer decent dividends and appear good long-term value, I think Vocus and Mantra should be on your watchlist. If I were to choose one at today's prices, it would be Mantra. But I think both companies deserve further research at current prices.