S Spotlight On Quick Heal Technologies Limited’s (NSE:QUICKHEAL) Fundamentals

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Quick Heal Technologies Limited (NSE:QUICKHEAL) 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 QUICKHEAL, it is a company with great financial health as well as a a strong history of performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Quick Heal Technologies here.

Flawless balance sheet with proven track record

Over the past few years, QUICKHEAL has more than doubled its earnings, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, QUICKHEAL also outperformed its industry, which delivered a growth of 32.3%. This is an notable feat for the company. QUICKHEAL is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. Investors should not worry about QUICKHEAL’s debt levels because the company has none! This means it is running its business only on equity capital funding, which is typically normal for a small-cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.

NSEI:QUICKHEAL Income Statement Export September 21st 18
NSEI:QUICKHEAL Income Statement Export September 21st 18

Next Steps:

For Quick Heal Technologies, I’ve compiled three essential factors you should further research:

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

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

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

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.