Why the quality investor may take a look at NYSE:AIT.

In this article we will dive into APPLIED INDUSTRIAL TECH INC (NYSE:AIT) as a possible candidate for quality investing. Investors should always do their own research, but we noticed APPLIED INDUSTRIAL TECH INC showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Why NYSE:AIT may be interesting for quality investors.

• APPLIED INDUSTRIAL TECH INC has shown strong performance in revenue growth over the past 5 years, with a 7.5% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
• APPLIED INDUSTRIAL TECH INC exhibits a strong ROIC excluding cash and goodwill, indicating efficient capital utilization and profitable operations. The 34.36% reflects the company's ability to generate returns on invested capital and underscores its commitment to delivering value to shareholders.
• APPLIED INDUSTRIAL TECH INC maintains a healthy Debt/Free Cash Flow Ratio of 1.73, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
• APPLIED INDUSTRIAL TECH INC demonstrates consistent Profit Quality over the past 5 years, with a strong 316.0%. This indicates the company's ability to generate sustainable and reliable profits, showcasing its long-term profitability and financial stability.
• The 5-year EBIT growth of APPLIED INDUSTRIAL TECH INC has been remarkable, with 15.95% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
• APPLIED INDUSTRIAL TECH INC has achieved superior EBIT 5-year growth compared to its Revenue 5-year growth. This demonstrates the company's ability to maximize its profitability through effective cost management and operational strategies.

Fundamental Analysis Observations

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 6 out of 10 to AIT. AIT was compared to 53 industry peers in the Trading Companies & Distributors industry. AIT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. AIT is not valued too expensively and it also shows a decent growth rate.

Our latest full fundamental report of AIT contains the most current fundamental analsysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.