These Factors Make Nabaltec AG (ETR:NTG) An Interesting Investment

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Nabaltec AG (ETR:NTG) 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 NTG, it is a company with great financial health as well as a a strong track record of performance. Below is a brief commentary on these key aspects. For those interested in digging a bit deeper into my commentary, take a look at the report on Nabaltec here.

Solid track record with excellent balance sheet

NTG delivered a bottom-line expansion of 22% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, NTG also outperformed its industry, which delivered a growth of -5.5%. This is an optimistic signal for the future. NTG is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that NTG manages its cash and cost levels well, which is an important determinant of the company’s health. NTG's has produced operating cash levels of 0.24x total debt over the past year, which implies that NTG's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

XTRA:NTG Income Statement, September 23rd 2019
XTRA:NTG Income Statement, September 23rd 2019

Next Steps:

For Nabaltec, I've put together three key factors you should further research:

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

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

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