News Image

Should Quality-Oriented Investors Explore ALPHABET INC-CL C (NASDAQ:GOOG)?

By Mill Chart

Last update: Jul 10, 2024

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


Quality stocks image

What matters for quality investors.

  • Over the past 5 years, ALPHABET INC-CL C has experienced impressive revenue growth, with 17.57% 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 41.62%, ALPHABET INC-CL C 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.
  • With a favorable Debt/Free Cash Flow Ratio of 0.2, ALPHABET INC-CL C showcases its sound financial discipline and cash flow management. This ratio indicates the company's ability to service its debt obligations while maintaining sufficient free cash flow for future investments or operational needs.
  • With a robust Profit Quality (5-year) ratio of 95.79%, ALPHABET INC-CL C highlights its ability to consistently generate high-quality profits. This metric reflects the company's effective management and operational excellence in delivering reliable earnings over the long term.
  • The 5-year EBIT growth of ALPHABET INC-CL C has been remarkable, with 22.04% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
  • The EBIT 5-year growth of ALPHABET INC-CL C has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

A complete fundamental analysis of NASDAQ:GOOG

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Taking everything into account, GOOG scores 7 out of 10 in our fundamental rating. GOOG was compared to 68 industry peers in the Interactive Media & Services industry. GOOG gets an excellent profitability rating and is at the same time showing great financial health properties. GOOG is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make GOOG a good candidate for growth and quality investing.

For an up to date full fundamental analysis you can check the fundamental report of GOOG

More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

Back

ALPHABET INC-CL C

NASDAQ:GOOG (10/7/2024, 6:56:43 PM)

After market: 164.24 -0.15 (-0.09%)

164.39

-4.17 (-2.47%)

Follow us for more