Alkyl Amines Chemicals Limited (NSE:ALKYLAMINE): Commentary On Fundamentals

In This Article:

Alkyl Amines Chemicals Limited (NSE:ALKYLAMINE) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of ALKYLAMINE, it is a company with great financial health as well as a an impressive history of performance. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on Alkyl Amines Chemicals here.

Outstanding track record with excellent balance sheet

In the previous year, ALKYLAMINE has ramped up its bottom line by 46%, with its latest earnings level surpassing its average level over the last five years. This strong performance generated a robust double-digit return on equity of 27%, which is an optimistic signal for the future. ALKYLAMINE's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. ALKYLAMINE appears to have made good use of debt, producing operating cash levels of 0.87x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NSEI:ALKYLAMINE Income Statement, October 8th 2019
NSEI:ALKYLAMINE Income Statement, October 8th 2019

Next Steps:

For Alkyl Amines Chemicals, there are three relevant aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for ALKYLAMINE’s future growth? Take a look at our free research report of analyst consensus for ALKYLAMINE’s outlook.

  2. Valuation: What is ALKYLAMINE worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether ALKYLAMINE is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ALKYLAMINE? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.