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Reasonable growth and debt and a high ROIC for ALPHABET INC-CL C (NASDAQ:GOOG).

By Mill Chart

Last update: Mar 26, 2024

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 ALPHABET INC-CL C (NASDAQ:GOOG) is suited for quality investing. Investors should of course do their own research, but we spotted ALPHABET INC-CL C showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Key Considerations for Quality Investors.

  • ALPHABET INC-CL C has achieved substantial revenue growth over the past 5 years, with a 17.57% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
  • The ROIC excluding cash and goodwill of ALPHABET INC-CL C stands at 41.6%, reflecting the company's strong financial management and profitability. This metric underscores its ability to generate favorable returns on the capital invested in its core operations.
  • ALPHABET INC-CL C demonstrates a well-balanced Debt/Free Cash Flow Ratio of 0.2, 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 95.79%, ALPHABET INC-CL C 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.
  • ALPHABET INC-CL C has consistently achieved strong EBIT growth over the past 5 years, with a 22.04% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • ALPHABET INC-CL C has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

Fundamental Analysis Observations

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 GOOG gets a fundamental rating of 7 out of 10. We evaluated GOOG against 67 industry peers in the Interactive Media & Services industry. GOOG has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. GOOG has a correct valuation and a medium growth rate. This makes GOOG very considerable for quality investing!

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

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

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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ALPHABET INC-CL C

NASDAQ:GOOG (4/25/2024, 9:45:11 AM)

156.72

-4.38 (-2.72%)

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