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NOVO-NORDISK A/S-SPONS ADR (NYSE:NVO) Exhibits Quality Stock Traits. Here's Why.

By Mill Chart

Last update: Mar 18, 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 NOVO-NORDISK A/S-SPONS ADR (NYSE:NVO) is suited for quality investing. Investors should of course do their own research, but we spotted NOVO-NORDISK A/S-SPONS ADR showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Exploring Why NYSE:NVO Holds Appeal for Quality Investors.

  • The 5-year revenue growth of NOVO-NORDISK A/S-SPONS ADR has been remarkable, with 15.74% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • The ROIC excluding cash and goodwill of NOVO-NORDISK A/S-SPONS ADR stands at 152.0%, 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.
  • With a Debt/Free Cash Flow Ratio of 0.39, NOVO-NORDISK A/S-SPONS ADR 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.
  • NOVO-NORDISK A/S-SPONS ADR exhibits impressive Profit Quality (5-year) with a 92.21% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
  • NOVO-NORDISK A/S-SPONS ADR has experienced impressive EBIT growth over the past 5 years, with 17.25% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
  • NOVO-NORDISK A/S-SPONS ADR 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 of NYSE:NVO

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

Taking everything into account, NVO scores 7 out of 10 in our fundamental rating. NVO was compared to 203 industry peers in the Pharmaceuticals industry. NVO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. NVO is not overvalued while it is showing excellent growth. This is an interesting combination. Finally NVO also has an excellent dividend rating. These ratings would make NVO suitable for dividend and growth and quality investing!

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

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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NOVO-NORDISK A/S-SPONS ADR

NYSE:NVO (4/29/2024, 9:14:08 AM)

127.91

+1.06 (+0.84%)

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