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Should Quality-Oriented Investors Explore APPLIED INDUSTRIAL TECH INC (NYSE:AIT)?

By Mill Chart

Last update: Mar 27, 2024

In this article we will dive into APPLIED INDUSTRIAL TECH INC (NYSE:AIT) as a possible candidate for quality investing. Investors should always do their own research, but we noticed APPLIED INDUSTRIAL TECH INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

What matters for quality investors.

  • APPLIED INDUSTRIAL TECH INC has demonstrated significant revenue growth over the past 5 years, with a 7.5% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
  • With a robust ROIC excluding cash and goodwill at 34.37%, APPLIED INDUSTRIAL TECH INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • The Debt/Free Cash Flow Ratio of APPLIED INDUSTRIAL TECH INC stands at 1.49, reflecting the company's prudent capital structure and cash flow dynamics. This ratio highlights the company's ability to generate robust free cash flow relative to its debt obligations.
  • APPLIED INDUSTRIAL TECH INC demonstrates consistent Profit Quality over the past 5 years, with a strong 316.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • With a robust 5-year EBIT growth of 15.95%, APPLIED INDUSTRIAL TECH INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • APPLIED INDUSTRIAL TECH INC has achieved impressive EBIT 5-year growth, surpassing its Revenue 5-year growth. This indicates the company's ability to improve its profitability and operational efficiency, highlighting its strong financial performance.

What is the full fundamental picture of NYSE:AIT telling us.

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

AIT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 51 industry peers in the Trading Companies & Distributors industry. AIT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. AIT has a correct valuation and a medium growth rate.

For an up to date full fundamental analysis you can check the fundamental report of AIT

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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APPLIED INDUSTRIAL TECH INC

NYSE:AIT (5/24/2024, 7:13:19 PM)

After market: 195.72 0 (0%)

195.72

+0.16 (+0.08%)

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