Should you consider ASGN INC (NYSE:ASGN) for quality investing?

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if ASGN INC (NYSE:ASGN) is suited for quality investing. Investors should of course do their own research, but we spotted ASGN INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Key Considerations for Quality Investors.

• Over the past 5 years, ASGN INC has experienced impressive revenue growth, with 5.53% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
• With a robust ROIC excluding cash and goodwill at 44.34%, ASGN INC showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
• ASGN INC demonstrates a well-balanced Debt/Free Cash Flow Ratio of 2.52, indicating effective debt management and strong cash flow generation. This ratio suggests the company has a sustainable financial position and the capacity to allocate capital efficiently.
• The Profit Quality (5-year) of ASGN INC stands at 137.0%, highlighting its ability to consistently generate reliable profits. This metric underscores the company's strong business fundamentals and reinforces its position as a financially stable entity.
• ASGN INC has consistently achieved strong EBIT growth over the past 5 years, with a 5.64% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
• ASGN 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 of NYSE:ASGN

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

We assign a fundamental rating of 5 out of 10 to ASGN. ASGN was compared to 85 industry peers in the IT Services industry. While ASGN has a great health rating, its profitability is only average at the moment. ASGN has a valuation in line with the averages, but on the other hand it scores bad on growth.

Check the latest full fundamental report of ASGN for a complete fundamental analysis.

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

Disclaimer

This article should in no way be interpreted as advice. 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.