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Why ALPHABET INC-CL C (NASDAQ:GOOG) Deserves Consideration as a Quality Investment.

By Mill Chart

Last update: Apr 16, 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 demonstrated significant revenue growth over the past 5 years, with a 17.57% increase. This underscores the company's ability to adapt to market dynamics and capitalize on growth opportunities.
  • With a robust ROIC excluding cash and goodwill at 41.6%, ALPHABET INC-CL C showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • ALPHABET INC-CL C maintains a healthy Debt/Free Cash Flow Ratio of 0.2, 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 ALPHABET INC-CL C stands at 95.79%, 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 22.04%, ALPHABET INC-CL C showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
  • 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.

How does the complete fundamental picture look for NASDAQ:GOOG?

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

GOOG gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 68 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 decent growth rate and is not valued too expensively. With these ratings, GOOG could be worth investigating further 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

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.

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ALPHABET INC-CL C

NASDAQ:GOOG (4/29/2024, 4:43:54 PM)

After market: 167.618 -0.28 (-0.17%)

167.9

-5.79 (-3.33%)

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