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Is ASGN INC (NYSE:ASGN) a Strong Candidate for Quality Investing?

By Mill Chart

Last update: Apr 25, 2024

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

Why NYSE:ASGN may be interesting for quality investors.

  • The 5-year revenue growth of ASGN INC has been remarkable, with 5.53% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • ASGN INC exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 45.96% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • With a Debt/Free Cash Flow Ratio of 2.49, ASGN INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • The Profit Quality (5-year) of ASGN INC stands at 137.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
  • The 5-year EBIT growth of ASGN INC has been remarkable, with 5.64% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
  • ASGN 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:ASGN telling us.

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

Taking everything into account, ASGN scores 5 out of 10 in our fundamental rating. ASGN was compared to 80 industry peers in the Professional Services industry. ASGN is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ASGN has a valuation in line with the averages, but it does not seem to be growing.

Check the latest full fundamental report of ASGN for a complete fundamental analysis.

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

Keep in mind

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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ASGN INC

NYSE:ASGN (5/3/2024, 7:04:00 PM)

After market: 96.15 0 (0%)

96.15

+0.09 (+0.09%)

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