An Examination Of Endurance Technologies Limited (NSE:ENDURANCE)

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Endurance Technologies Limited (NSE:ENDURANCE) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ENDURANCE, it is a company with great financial health as well as a a strong track record of performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Endurance Technologies here.

Flawless balance sheet with outstanding track record

ENDURANCE delivered a bottom-line expansion of 28% in the prior year, with its most recent earnings level surpassing its average level over the last five years. This illustrates a strong track record, leading to a satisfying return on equity of 21%. which is an notable feat for the company. ENDURANCE'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 indicates that ENDURANCE has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. ENDURANCE's has produced operating cash levels of 1.3x total debt over the past year, which implies that ENDURANCE's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NSEI:ENDURANCE Income Statement, August 21st 2019
NSEI:ENDURANCE Income Statement, August 21st 2019

Next Steps:

For Endurance Technologies, there are three important aspects you should further research:

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

  2. Valuation: What is ENDURANCE 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 ENDURANCE is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ENDURANCE? 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.

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