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ASGN INC (NYSE:ASGN) can be considered a quality stock. Here's why.

By Mill Chart

Last update: Aug 25, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if ASGN INC (NYSE:ASGN) is suited for quality investing. Investors should of couse do their own research, but we spotted ASGN INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Looking into the quality metrics of ASGN INC

  • Over the past 5 years, ASGN INC has experienced impressive revenue growth, with 11.77% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • ASGN INC demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 45.02% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • ASGN INC demonstrates a well-balanced Debt/Free Cash Flow Ratio of 3.29, indicating effective debt management and strong cash flow generation. This ratio suggests the company has a sustainable financial position and the capacity to allocate capital efficiently.
  • With a favorable Profit Quality (5-year) ratio of 132.0%, ASGN INC showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
  • With a robust 5-year EBIT growth of 12.7%, ASGN INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • With EBIT 5-year growth outpacing its Revenue 5-year growth, ASGN INC showcases its effective cost management and enhanced operational performance. This suggests the company's ability to generate higher earnings from its revenue streams.

A complete fundamental analysis of NYSE:ASGN

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.

Overall ASGN gets a fundamental rating of 5 out of 10. We evaluated ASGN against 77 industry peers in the Professional Services industry. While ASGN has a great health rating, its profitability is only average at the moment. ASGN has a decent growth rate and is not valued too expensively.

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

More quality stocks can be found in our Caviar Cruise screen.


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.



NYSE:ASGN (11/30/2023, 5:40:00 PM)

After market: 89.2431 0 (0%)


+0.29 (+0.33%)

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