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Attractive stocks have exceptional fundamentals. In the case of Indo National Limited (NSE:NIPPOBATRY), there's 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 Indo National here.
Solid track record with adequate balance sheet
NIPPOBATRY delivered a bottom-line expansion of 19% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did NIPPOBATRY outperformed its past performance, its growth also surpassed the Electrical industry expansion, which generated a 16% earnings growth. This is an optimistic signal for the future. NIPPOBATRY is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that NIPPOBATRY has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. NIPPOBATRY's has produced operating cash levels of 0.63x total debt over the past year, which implies that NIPPOBATRY's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Next Steps:
For Indo National, I've compiled three important factors you should look at:
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Future Outlook: What are well-informed industry analysts predicting for NIPPOBATRY’s future growth? Take a look at our free research report of analyst consensus for NIPPOBATRY’s outlook.
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Valuation: What is NIPPOBATRY 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 NIPPOBATRY is currently mispriced by the market.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NIPPOBATRY? 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.