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Why the quality investor may take a look at ARISTA NETWORKS INC (NYSE:ANET).

By Mill Chart

Last update: Sep 19, 2023

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

What matters for quality investors.

  • The 5-year revenue growth of ARISTA NETWORKS INC has been remarkable, with 21.63% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • ARISTA NETWORKS INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 69.14% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • ARISTA NETWORKS INC maintains a healthy Debt/Free Cash Flow Ratio of 0.0, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
  • ARISTA NETWORKS INC demonstrates consistent Profit Quality over the past 5 years, with a strong 103.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
  • ARISTA NETWORKS INC has demonstrated consistent growth in EBIT over the past 5 years, with a strong 26.56%. This signifies the company's ability to generate sustainable earnings and reflects its positive financial trajectory.
  • ARISTA NETWORKS INC demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

Fundamental analysis of NYSE:ANET

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall ANET gets a fundamental rating of 7 out of 10. We evaluated ANET against 60 industry peers in the Communications Equipment industry. ANET has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ANET is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, ANET could be worth investigating further for growth and quality investing!.

Our latest full fundamental report of ANET contains the most current fundamental analsysis.

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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ARISTA NETWORKS INC

NYSE:ANET (4/19/2024, 7:04:00 PM)

After market: 244.71 -1.38 (-0.56%)

246.09

-11.1 (-4.32%)

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