News Image

Why Quality Investors May Find NVIDIA CORP (NASDAQ:NVDA) Attractive.

By Mill Chart

Last update: Apr 9, 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 NVIDIA CORP (NASDAQ:NVDA) is suited for quality investing. Investors should of course do their own research, but we spotted NVIDIA CORP showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Some of the quality metrics of NASDAQ:NVDA highlighted

  • The 5-year revenue growth of NVIDIA CORP has been remarkable, with 39.06% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • NVIDIA CORP exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 123.0% 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 0.36, NVIDIA CORP 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 NVIDIA CORP stands at 105.0%, 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 NVIDIA CORP has been remarkable, with 54.6% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
  • With EBIT 5-year growth outpacing its Revenue 5-year growth, NVIDIA 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 is the full fundamental picture of NASDAQ:NVDA telling us.

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.

We assign a fundamental rating of 8 out of 10 to NVDA. NVDA was compared to 107 industry peers in the Semiconductors & Semiconductor Equipment industry. NVDA gets an excellent profitability rating and is at the same time showing great financial health properties. NVDA is growing strongly while it is still valued neutral. This is a good combination! These ratings could make NVDA a good candidate for growth and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of NVDA

More ideas for quality investing can be found on ChartMill 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.

Back

NVIDIA CORP

NASDAQ:NVDA (4/29/2024, 12:59:09 PM)

875.28

-2.07 (-0.24%)

NVDA News

News Image10 minutes ago - ChartmillWhich S&P500 stocks are the most active on Monday?

Looking for the most active stocks in the S&P500 index on Monday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.

News Image22 minutes ago - InvestorPlace3 Underrated Tech Titans to Buy for Explosive Growth in 2024

Explore the tech market's potential with three underrated tech stocks poised to surge in 2024 as the market reassesses value.

News Image2 hours ago - Press Release Distribution ServiceAstra Nova Raises $1M to Pioneer the First Web3 RPG Game Based in Saudi Arabia
News Image2 hours ago - InvestorPlace3 Tech Stocks That Could Be Multibaggers in the Making: April Edition

Bet on these multibagger tech stocks poised for growth in AI, robotics, and resource management following the market's recent correction.

News Image3 hours ago - CNBCAnalyst says buying Nvidia is 'no brainer' as tech companies 'spend like crazy' in AI race

Looking ahead, the Nvidia investment thesis is undiminished, according to Melius Research.

News Image3 hours ago - The Motley Fool2 Artificial Intelligence (AI) Stocks to Buy Now That Could Make You a Fortune

Here's how you can profit from this game-changing technology.

News Image4 hours ago - USA News GroupAI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

/PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in...

News Image4 hours ago - Market News VideoNasdaq 100 Movers: NVDA, TSLA
News Image5 hours ago - The Motley Fool3 Magnificent Growth ETFs Every Investor Under 40 Should Own

If you're young, you have the greatest investing advantage of all.

News Image5 hours ago - WccftechNVIDIA GeForce RTX 4070 GPUs Now Featuring Massively Cut-Down AD103 Chips

NVIDIA's GeForce RTX 4070 GPUs have now started showing up with cut-down AD103 dies as the green team utilizes its poorly binned dies.

News Image5 hours ago - NVIDIASEA.AI Navigates the Future With AI at the Helm

Talk about commitment. When startup SEA.AI, an NVIDIA Metropolis partner, set out to create a system that would use AI to scan the seas to enhance maritime safety, entrepreneur Raphael Biancale wasn’t afraid to take the plunge. He donned a lifejacket and jumped into the ocean. It’s a move that demonstrates Biancale’s commitment and pioneering Read Article

News Image6 hours ago - CNBCHere are Monday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Shopify, Super Micro Computer & more

Here are the biggest calls on Wall Street on Monday.

NVDA Links
Follow us for more