Examining the Quality Attributes of NASDAQ:IDXX.

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 IDEXX LABORATORIES INC (NASDAQ:IDXX) is suited for quality investing. Investors should of course do their own research, but we spotted IDEXX LABORATORIES INC showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

A Deep Dive into IDEXX LABORATORIES INC's Quality Metrics.

• IDEXX LABORATORIES INC has shown strong performance in revenue growth over the past 5 years, with a 11.33% increase. This indicates the company's ability to generate consistent revenue growth and reflects its potential for long-term success.
• The ROIC excluding cash and goodwill of IDEXX LABORATORIES INC stands at 54.91%, reflecting the company's strong financial management and profitability. This metric underscores its ability to generate favorable returns on the capital invested in its core operations.
• With a Debt/Free Cash Flow Ratio of 1.5, IDEXX LABORATORIES INC exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
• With a robust Profit Quality (5-year) ratio of 75.88%, IDEXX LABORATORIES INC 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.
• With a robust 5-year EBIT growth of 16.85%, IDEXX LABORATORIES INC showcases its ability to consistently expand its operating profitability. This trend indicates the company's effective cost management and revenue generation strategies.
• IDEXX LABORATORIES 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

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to IDXX. IDXX was compared to 202 industry peers in the Health Care Equipment & Supplies industry. IDXX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. IDXX has a decent growth rate and is not valued too expensively. This makes IDXX very considerable for quality investing!

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

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

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.