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CORVEL CORP (NASDAQ:CRVL) Exhibits Quality Stock Traits. Here's Why.

By Mill Chart

Last update: Nov 24, 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 CORVEL CORP (NASDAQ:CRVL) is suited for quality investing. Investors should of course do their own research, but we spotted CORVEL CORP showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

A Deep Dive into CORVEL CORP's Quality Metrics.

  • CORVEL CORP has shown strong performance in revenue growth over the past 5 years, with a 5.17% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
  • CORVEL CORP exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 63.18% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
  • CORVEL CORP 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.
  • The Profit Quality (5-year) of CORVEL CORP stands at 109.0%, 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.
  • With a robust 5-year EBIT growth of 12.04%, CORVEL CORP 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, CORVEL CORP showcases its effective cost management and enhanced operational performance. This suggests the company's ability to generate higher earnings from its revenue streams.

What else is there to say on the fundamentals of NASDAQ:CRVL?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Overall CRVL gets a fundamental rating of 6 out of 10. We evaluated CRVL against 115 industry peers in the Health Care Providers & Services industry. CRVL has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CRVL has a expensive valuation and it also scores bad on growth.

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

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

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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CORVEL CORP

NASDAQ:CRVL (4/19/2024, 7:00:00 PM)

After market: 234.36 0 (0%)

234.36

+4.76 (+2.07%)

CRVL News

News Image2 months ago - CorVel Corp.CorVel Launches “Center of Excellence” for Vocational Evaluation Services

Vocational Evaluation Services Meet Growing Demand Due to Post-Pandemic Challenges

News Image2 months ago - CorVel Corp.CorVel Launches “Center of Excellence” for Vocational Evaluation Services

CorVel provides cost-effective vocational evaluations nationwide, aiding injured employees' return to work with tailored solutions by certified experts...

News Image2 months ago - CorVel Corp.CorVel Earns 2024 Great Place To Work Certification™
News Image2 months ago - CorVel Corp.CorVel Earns 2024 Great Place To Work Certification™

FORT WORTH, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDQ:CRVL), is proud to be Certified™ by Great Place To Work® for the 4th year...

News Image3 months ago - Seeking AlphaCorVel GAAP EPS of $0.99, revenue of $202.3M (NASDAQ:CRVL)

CorVel reports strong Q3 earnings with a GAAP EPS of $0.99 and revenue of $202.3M, representing a 12.8% year-on-year growth.

News Image3 months ago - CorVel Corp.CorVel Announces Revenues and Earnings
News Image3 months ago - CorVel Corp.CorVel Announces Revenues and Earnings

FORT WORTH, Texas, Jan. 30, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended December 31, 2023....

News Image5 months ago - CorVel Corp.CERIS Announces Innovations in Artificial Intelligence and Machine Learning That Improve Payment Integrity

Generative AI advances claim efficiency and accuracy

News Image5 months ago - CorVel Corp.CERIS Announces Innovations in Artificial Intelligence and Machine Learning That Improve Payment Integrity

Generative AI advances claim efficiency and accuracy...

News Image6 months ago - CorVel Corp.CorVel Announces Revenues and Earnings
News Image6 months ago - CorVel Corp.CorVel Announces Revenues and Earnings

FORT WORTH, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended September 30, 2023....

News Image6 months ago - CorVel Corp.CorVel Promotes Jeff Gurtcheff to the Position of Chief Claims Officer

New CCO to Lead Innovations in AI, Operations, and Analytics

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